Royce Long Term Debt vs Cash Analysis

RGT Stock

USD 10.80 0.09 0.83%

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

Long Term Debt vs Cash

Long Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royce Global Value Long Term Debt account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Royce Global's Long Term Debt and Cash is -0.07. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Royce Global Value, assuming nothing else is changed. The correlation between historical values of Royce Global's Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Royce Global Value are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., Royce Global's Long Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Royce Global Value has held for over one year. Long-term debt appears on Royce Global Value balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Royce Global Value balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Cash

Cash refers to the most liquid asset of Royce Global Value, which is listed under current asset account on Royce Global Value balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Royce Global customers. The amounts must be unrestricted with restricted cash listed in a different Royce Global account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Royce Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royce Global Value 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 Global Value. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

At this time, Royce Global's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.09 in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.01 in 2025.

	2022	2023	2024	2025 (projected)
Total Operating Expenses	340.0K	2.4M	2.7M	2.8M
Cost Of Revenue	864.4K	870.0K	1.0M	1.4M

Total Operating Expenses Cost Of Revenue

Royce Global fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Common Stock	Retained Earnings	Short Long Term Debt Total	Long Term Debt	Long Term Debt Total	Other Current Assets	Cash And Equivalents	Other Stockholder Equity	Net Invested Capital
Total Assets		-0.4	0.45	0.99	0.54	0.5	-0.34	1.0	-0.52	-0.01	-0.34	0.09	0.72	0.72	0.09	0.32	0.08	0.71	-0.23	0.69	0.68	0.68	0.07	0.05	0.36	0.77
Other Current Liab	-0.4		-0.49	-0.46	0.02	-0.61	0.45	-0.38	0.54	0.29	0.45	-0.38	-0.18	-0.2	0.21	0.3	-0.35	-0.12	-0.28	-0.25	-0.23	-0.23	-0.42	-0.02	-0.38	-0.31
Total Current Liabilities	0.45	-0.49		0.46	0.31	0.98	-0.05	0.44	0.13	0.21	-0.05	0.28	0.49	0.48	0.34	0.04	0.3	0.42	0.01	0.5	0.48	0.48	0.33	0.51	0.48	0.62
Total Stockholder Equity	0.99	-0.46	0.46		0.41	0.5	-0.29	0.98	-0.54	-0.06	-0.29	0.21	0.77	0.74	-0.02	0.18	0.19	0.76	-0.28	0.71	0.7	0.7	0.07	0.14	0.37	0.82
Net Debt	0.54	0.02	0.31	0.41		0.37	-0.59	0.56	-0.07	0.31	-0.59	-0.53	0.2	0.32	0.5	0.85	-0.48	0.14	0.09	0.32	0.31	0.31	0.22	-0.3	0.34	0.19
Accounts Payable	0.5	-0.61	0.98	0.5	0.37		-0.22	0.49	-0.01	0.2	-0.22	0.24	0.44	0.44	0.32	0.08	0.26	0.37	0.09	0.48	0.46	0.46	0.4	0.4	0.51	0.58
Cash	-0.34	0.45	-0.05	-0.29	-0.59	-0.22		-0.36	0.62	-0.27	1.0	0.27	-0.03	-0.08	0.02	-0.35	0.29	0.04	-0.21	-0.09	-0.07	-0.07	-0.47	0.42	-0.34	-0.02
Non Current Assets Total	1.0	-0.38	0.44	0.98	0.56	0.49	-0.36		-0.51	-0.01	-0.36	0.05	0.7	0.7	0.11	0.35	0.04	0.69	-0.21	0.67	0.66	0.66	0.08	0.02	0.35	0.75
Non Currrent Assets Other	-0.52	0.54	0.13	-0.54	-0.07	-0.01	0.62	-0.51		-0.03	0.62	-0.15	-0.22	-0.22	0.23	0.01	-0.09	-0.23	-0.06	-0.22	-0.22	-0.22	0.0	0.29	-0.02	-0.25
Other Assets	-0.01	0.29	0.21	-0.06	0.31	0.2	-0.27	-0.01	-0.03		-0.27	-0.06	0.2	0.18	0.39	0.28	-0.06	0.2	-0.18	0.17	0.17	0.17	-0.03	0.29	0.09	0.2
Cash And Short Term Investments	-0.34	0.45	-0.05	-0.29	-0.59	-0.22	1.0	-0.36	0.62	-0.27		0.27	-0.03	-0.08	0.02	-0.35	0.29	0.04	-0.21	-0.09	-0.07	-0.07	-0.47	0.42	-0.34	-0.02
Net Receivables	0.09	-0.38	0.28	0.21	-0.53	0.24	0.27	0.05	-0.15	-0.06	0.27		0.5	0.47	-0.49	-0.73	0.98	0.49	-0.47	0.48	0.47	0.47	-0.21	0.7	0.2	0.51
Common Stock Total Equity	0.72	-0.18	0.49	0.77	0.2	0.44	-0.03	0.7	-0.22	0.2	-0.03	0.5		0.9	-0.2	-0.13	0.44	0.98	-0.73	0.86	0.84	0.84	-0.04	0.66	0.5	0.96
Common Stock Shares Outstanding	0.72	-0.2	0.48	0.74	0.32	0.44	-0.08	0.7	-0.22	0.18	-0.08	0.47	0.9		-0.03	0.01	0.41	0.88	-0.58	0.99	0.99	0.99	-0.17	0.58	0.42	0.91
Non Current Liabilities Total	0.09	0.21	0.34	-0.02	0.5	0.32	0.02	0.11	0.23	0.39	0.02	-0.49	-0.2	-0.03		0.68	-0.41	-0.22	0.54	-0.01	0.0	0.0	0.02	-0.15	-0.12	-0.06
Total Liab	0.32	0.3	0.04	0.18	0.85	0.08	-0.35	0.35	0.01	0.28	-0.35	-0.73	-0.13	0.01	0.68		-0.64	-0.13	0.27	0.01	0.02	0.02	-0.05	-0.54	-0.12	-0.12
Total Current Assets	0.08	-0.35	0.3	0.19	-0.48	0.26	0.29	0.04	-0.09	-0.06	0.29	0.98	0.44	0.41	-0.41	-0.64		0.43	-0.43	0.42	0.41	0.41	-0.22	0.64	0.18	0.45
Common Stock	0.71	-0.12	0.42	0.76	0.14	0.37	0.04	0.69	-0.23	0.2	0.04	0.49	0.98	0.88	-0.22	-0.13	0.43		-0.78	0.83	0.83	0.83	-0.1	0.64	0.33	0.94
Retained Earnings	-0.23	-0.28	0.01	-0.28	0.09	0.09	-0.21	-0.21	-0.06	-0.18	-0.21	-0.47	-0.73	-0.58	0.54	0.27	-0.43	-0.78		-0.52	-0.52	-0.52	0.27	-0.59	-0.16	-0.56
Short Long Term Debt Total	0.69	-0.25	0.5	0.71	0.32	0.48	-0.09	0.67	-0.22	0.17	-0.09	0.48	0.86	0.99	-0.01	0.01	0.42	0.83	-0.52		1.0	1.0	-0.18	0.57	0.41	0.88
Long Term Debt	0.68	-0.23	0.48	0.7	0.31	0.46	-0.07	0.66	-0.22	0.17	-0.07	0.47	0.84	0.99	0.0	0.02	0.41	0.83	-0.52	1.0		1.0	-0.22	0.56	0.34	0.87
Long Term Debt Total	0.68	-0.23	0.48	0.7	0.31	0.46	-0.07	0.66	-0.22	0.17	-0.07	0.47	0.84	0.99	0.0	0.02	0.41	0.83	-0.52	1.0	1.0		-0.22	0.56	0.34	0.87
Other Current Assets	0.07	-0.42	0.33	0.07	0.22	0.4	-0.47	0.08	0.0	-0.03	-0.47	-0.21	-0.04	-0.17	0.02	-0.05	-0.22	-0.1	0.27	-0.18	-0.22	-0.22		-0.08	0.46	-0.01
Cash And Equivalents	0.05	-0.02	0.51	0.14	-0.3	0.4	0.42	0.02	0.29	0.29	0.42	0.7	0.66	0.58	-0.15	-0.54	0.64	0.64	-0.59	0.57	0.56	0.56	-0.08		0.31	0.67
Other Stockholder Equity	0.36	-0.38	0.48	0.37	0.34	0.51	-0.34	0.35	-0.02	0.09	-0.34	0.2	0.5	0.42	-0.12	-0.12	0.18	0.33	-0.16	0.41	0.34	0.34	0.46	0.31		0.46
Net Invested Capital	0.77	-0.31	0.62	0.82	0.19	0.58	-0.02	0.75	-0.25	0.2	-0.02	0.51	0.96	0.91	-0.06	-0.12	0.45	0.94	-0.56	0.88	0.87	0.87	-0.01	0.67	0.46

Click cells to compare fundamentals

Royce Global Account Relationship Matchups

Royce Global fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	92.5M	94.7M	68.9M	79.1M	71.2M	83.8M
Other Current Liab	(697.8K)	(1.2M)	(18.2K)	70.8K	63.7K	66.9K
Total Current Liabilities	697.8K	1.2M	18.2K	93.2K	83.9K	79.7K
Total Stockholder Equity	83.8M	89.4M	64.7M	74.6M	67.1M	78.9M
Net Debt	8.0M	4.0M	4.0M	(141.6K)	(162.9K)	(154.7K)
Accounts Payable	697.8K	1.2M	18.2K	22.5K	20.2K	19.2K
Cash	12.5K	3.2K	5.4K	141.6K	127.5K	133.9K
Non Current Assets Total	91.9M	94.5M	68.7M	78.4M	70.6M	83.3M
Non Currrent Assets Other	(91.9M)	(94.5M)	(68.7M)	(78.4M)	(90.2M)	(94.7M)
Other Assets	24.8K	20.2K	20.5K	18.8K	17.0K	16.1K
Cash And Short Term Investments	12.5K	3.2K	5.4K	141.6K	127.5K	133.9K
Net Receivables	621.6K	198.6K	159.7K	520.7K	468.7K	542.1K
Common Stock Shares Outstanding	9.5M	5.8M	6.3M	6.4M	5.7M	7.3M
Liabilities And Stockholders Equity	92.5M	94.7M	68.9M	79.1M	71.2M	83.8M
Total Liab	8.8M	5.3M	4.2M	4.5M	5.2M	6.8M
Total Current Assets	621.6K	198.6K	159.7K	662.4K	596.1K	534.2K
Common Stock	47.2M	55.4M	55.7M	56.2M	50.5M	75.3M
Retained Earnings	36.5M	34.0M	9.0M	18.4M	21.2M	12.2M
Other Current Assets	(634.1K)	(201.8K)	(165.1K)	(662.4K)	(761.7K)	(799.8K)
Net Invested Capital	91.8M	93.4M	68.7M	78.6M	70.7M	84.5M
Long Term Investments	91.9M	94.5M	68.7M	78.4M	70.6M	84.6M
Capital Stock	47.2M	55.4M	55.7M	56.2M	50.5M	60.1M

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 Global's price analysis, check to measure Royce Global'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 Global is operating at the current time. Most of Royce Global's value examination focuses on studying past and present price action to predict the probability of Royce Global'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 Global's price. Additionally, you may evaluate how the addition of Royce Global 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