Royce Total Assets vs Retained Earnings Analysis

RMT Stock

USD 10.33 0.15 1.47%

Royce Micro financial indicator trend analysis is much more than just breaking down Royce Micro Cap prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royce Micro Cap is a good investment. Please check the relationship between Royce Micro Total Assets and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royce Micro Cap. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royce Micro Cap Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Royce Micro's Total Assets and Retained Earnings is 0.78. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Royce Micro Cap, assuming nothing else is changed. The correlation between historical values of Royce Micro's Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Royce Micro Cap are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Royce Micro's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Assets

Total assets refers to the total amount of Royce Micro assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Royce Micro Cap books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Royce Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royce Micro Cap current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royce Micro Cap. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At this time, Royce Micro's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.98 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 4.14 in 2024.

Royce Micro fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Total Liab	Long Term Investments	Common Stock	Common Stock Shares Outstanding	Total Current Liabilities	Other Current Assets	Total Current Assets	Short Term Debt	Short Long Term Debt Total	Net Debt	Net Invested Capital	Capital Stock	Current Deferred Revenue
Total Assets		0.97	0.97	0.78	0.16	0.14	-0.41	-0.12	-0.37	0.82	0.53	0.41	-0.4	0.11	-0.38	0.02	-0.49	-0.49	0.9	0.64	0.33
Total Stockholder Equity	0.97		0.99	0.73	0.15	0.26	-0.58	-0.31	-0.55	0.9	0.62	0.56	-0.54	0.13	-0.47	-0.12	-0.62	-0.62	0.87	0.71	0.38
Net Tangible Assets	0.97	0.99		0.69	0.15	0.25	-0.54	-0.28	-0.53	0.89	0.67	0.52	-0.56	0.15	-0.47	-0.15	-0.63	-0.63	0.85	0.71	0.38
Retained Earnings	0.78	0.73	0.69		-0.05	-0.04	-0.12	0.11	-0.14	0.48	0.01	0.23	0.07	-0.24	-0.02	0.49	-0.14	-0.14	0.73	0.28	-0.02
Accounts Payable	0.16	0.15	0.15	-0.05		0.03	-0.25	0.0	-0.02	0.24	0.29	0.26	0.0	0.12	-0.13	-0.11	-0.29	-0.29	0.02	0.37	0.74
Cash	0.14	0.26	0.25	-0.04	0.03		-0.58	-0.45	-0.74	0.32	0.41	0.42	-0.41	-0.14	-0.24	-0.42	-0.7	-0.7	0.29	0.72	0.56
Other Assets	-0.41	-0.58	-0.54	-0.12	-0.25	-0.58		0.76	0.91	-0.82	-0.51	-0.96	0.78	-0.11	0.67	0.5	0.8	0.8	-0.32	-0.68	-0.53
Net Receivables	-0.12	-0.31	-0.28	0.11	0.0	-0.45	0.76		0.8	-0.53	-0.41	-0.72	0.74	-0.5	0.43	0.78	0.5	0.5	-0.22	-0.37	-0.17
Total Liab	-0.37	-0.55	-0.53	-0.14	-0.02	-0.74	0.91	0.8		-0.71	-0.58	-0.8	0.78	-0.14	0.54	0.6	0.87	0.87	-0.4	-0.74	-0.47
Long Term Investments	0.82	0.9	0.89	0.48	0.24	0.32	-0.82	-0.53	-0.71		0.64	0.82	-0.76	0.13	-0.73	-0.3	-0.71	-0.71	0.65	0.68	0.42
Common Stock	0.53	0.62	0.67	0.01	0.29	0.41	-0.51	-0.41	-0.58	0.64		0.34	-0.78	0.35	-0.56	-0.66	-0.81	-0.81	0.44	0.74	0.59
Common Stock Shares Outstanding	0.41	0.56	0.52	0.23	0.26	0.42	-0.96	-0.72	-0.8	0.82	0.34		-0.66	0.06	-0.64	-0.33	-0.63	-0.63	0.28	0.52	0.39
Total Current Liabilities	-0.4	-0.54	-0.56	0.07	0.0	-0.41	0.78	0.74	0.78	-0.76	-0.78	-0.66		-0.34	0.81	0.73	0.75	0.75	-0.32	-0.55	-0.3
Other Current Assets	0.11	0.13	0.15	-0.24	0.12	-0.14	-0.11	-0.5	-0.14	0.13	0.35	0.06	-0.34		0.06	-0.68	-0.06	-0.06	0.2	0.13	0.12
Total Current Assets	-0.38	-0.47	-0.47	-0.02	-0.13	-0.24	0.67	0.43	0.54	-0.73	-0.56	-0.64	0.81	0.06		0.37	0.58	0.57	-0.22	-0.37	-0.19
Short Term Debt	0.02	-0.12	-0.15	0.49	-0.11	-0.42	0.5	0.78	0.6	-0.3	-0.66	-0.33	0.73	-0.68	0.37		0.53	0.53	-0.11	-0.43	-0.36
Short Long Term Debt Total	-0.49	-0.62	-0.63	-0.14	-0.29	-0.7	0.8	0.5	0.87	-0.71	-0.81	-0.63	0.75	-0.06	0.58	0.53		1.0	-0.43	-0.91	-0.74
Net Debt	-0.49	-0.62	-0.63	-0.14	-0.29	-0.7	0.8	0.5	0.87	-0.71	-0.81	-0.63	0.75	-0.06	0.57	0.53	1.0		-0.43	-0.91	-0.74
Net Invested Capital	0.9	0.87	0.85	0.73	0.02	0.29	-0.32	-0.22	-0.4	0.65	0.44	0.28	-0.32	0.2	-0.22	-0.11	-0.43	-0.43		0.64	0.28
Capital Stock	0.64	0.71	0.71	0.28	0.37	0.72	-0.68	-0.37	-0.74	0.68	0.74	0.52	-0.55	0.13	-0.37	-0.43	-0.91	-0.91	0.64		0.84
Current Deferred Revenue	0.33	0.38	0.38	-0.02	0.74	0.56	-0.53	-0.17	-0.47	0.42	0.59	0.39	-0.3	0.12	-0.19	-0.36	-0.74	-0.74	0.28	0.84

Click cells to compare fundamentals

Royce Micro Account Relationship Matchups

Royce Micro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	427.5M	538.8M	613.8M	500.6M	523.9M	487.2M
Total Stockholder Equity	404.8M	515.9M	590.3M	465.9M	520.5M	452.0M
Net Tangible Assets	404.8M	515.9M	590.3M	465.9M	535.8M	439.6M
Retained Earnings	50.7M	149.7M	207.8M	65.5M	102.0M	77.6M
Accounts Payable	252.7K	356.3K	750.1K	22.9M	669.9K	636.4K
Cash	67.6K	9.7K	14.6K	28.1K	95.4K	100.2K
Other Assets	17.8M	7.0M	28.8M	42.3K	(19.5M)	(18.5M)
Net Receivables	560.7K	641.5K	765.4K	6.9M	1.3M	1.2M
Total Liab	22.7M	22.9M	23.5M	34.7M	3.4M	3.2M
Long Term Investments	426.8M	538.1M	584.2M	493.7M	522.5M	440.1M
Common Stock	354.1M	366.2M	382.5M	400.4M	418.5M	353.0M
Common Stock Shares Outstanding	42.0M	43.8M	44.1M	47.7M	48.9M	40.9M
Total Current Liabilities	252.7K	356.3K	750.1K	22.9M	3.2M	3.1M
Other Current Assets	(628.4K)	7.0M	28.8M	20.6M	12.5M	14.2M
Total Current Assets	628.4K	651.2K	765.4K	6.9M	13.8M	8.9M
Other Current Liab	(252.7K)	(356.3K)	(750.1K)	(34.7M)	(2.7M)	(2.8M)
Non Current Assets Total	409.0M	531.2M	584.2M	493.7M	529.5M	405.7M
Non Currrent Assets Other	(409.0M)	(531.2M)	(584.2M)	(493.7M)	(522.5M)	(548.6M)
Cash And Short Term Investments	67.6K	9.7K	14.6K	28.1K	95.4K	100.2K
Common Stock Total Equity	329.1M	341.5M	354.1M	366.2M	421.1M	255.0M
Liabilities And Stockholders Equity	427.5M	538.8M	613.8M	500.6M	523.9M	419.0M
Net Debt	21.9M	22.0M	22.0M	11.0M	1.9M	1.8M
Net Invested Capital	426.8M	537.9M	612.3M	476.9M	522.5M	534.1M
Capital Stock	354.1M	366.2M	382.5M	400.4M	418.5M	414.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Royce Stock Analysis

When running Royce Micro's price analysis, check to measure Royce Micro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royce Micro is operating at the current time. Most of Royce Micro's value examination focuses on studying past and present price action to predict the probability of Royce Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royce Micro's price. Additionally, you may evaluate how the addition of Royce Micro to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC