Royce Asset Turnover from 2010 to 2024

RMT Stock  USD 10.37  0.14  1.37%   
Royce Micro Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Royce Micro Cap uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.01577581
Current Value
0.0249
Quarterly Volatility
0.09588306
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Royce Micro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Royce Micro's main balance sheet or income statement drivers, such as Interest Expense of 1.2 M, Selling General Administrative of 8.1 M or Total Revenue of 15.4 M, as well as many indicators such as Price To Sales Ratio of 35.0, Dividend Yield of 0.0384 or PTB Ratio of 0.96. Royce financial statements analysis is a perfect complement when working with Royce Micro Valuation or Volatility modules.
  
Check out the analysis of Royce Micro Correlation against competitors.

Latest Royce Micro's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Royce Micro Cap over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Royce Micro's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Royce Micro's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Very volatile
   Asset Turnover   
       Timeline  

Royce Asset Turnover Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.04
Coefficient Of Variation421.65
Mean Deviation0.06
Median0.02
Standard Deviation0.1
Sample Variance0.01
Range0.3799
R-Value(0.05)
Mean Square Error0.01
R-Squared0
Significance0.87
Slope(0.001)
Total Sum of Squares0.13

Royce Asset Turnover History

2024 0.0249
2023 0.0158
2022 -0.2
2021 0.16
2020 0.0464
2019 0.18
2018 -0.13

Other Fundumenentals of Royce Micro Cap

Royce Micro Asset Turnover component correlations

About Royce Micro Financial Statements

Royce Micro shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although Royce Micro investors may analyze each financial statement separately, they are all interrelated. The changes in Royce Micro's assets and liabilities, for example, are also reflected in the revenues and expenses on on Royce Micro's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Asset Turnover 0.02  0.02 

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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.