Royce Total Current Assets 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 Total Current Assets 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.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royce Global Value Total Current Assets account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Royce Global's Total Current Assets and Cash is 0.29. Overlapping area represents the amount of variation of Total Current Assets 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 Total Current Assets 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 Total Current Assets 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 Total Current Assets i.e., Royce Global's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 Expenses340.0K2.4M2.7M2.8M
Cost Of Revenue864.4K870.0K1.0M1.4M

Royce Global fundamental ratios Correlations

-0.40.450.990.540.5-0.341.0-0.52-0.01-0.340.090.720.720.090.320.080.71-0.230.690.680.680.070.050.360.77
-0.4-0.49-0.460.02-0.610.45-0.380.540.290.45-0.38-0.18-0.20.210.3-0.35-0.12-0.28-0.25-0.23-0.23-0.42-0.02-0.38-0.31
0.45-0.490.460.310.98-0.050.440.130.21-0.050.280.490.480.340.040.30.420.010.50.480.480.330.510.480.62
0.99-0.460.460.410.5-0.290.98-0.54-0.06-0.290.210.770.74-0.020.180.190.76-0.280.710.70.70.070.140.370.82
0.540.020.310.410.37-0.590.56-0.070.31-0.59-0.530.20.320.50.85-0.480.140.090.320.310.310.22-0.30.340.19
0.5-0.610.980.50.37-0.220.49-0.010.2-0.220.240.440.440.320.080.260.370.090.480.460.460.40.40.510.58
-0.340.45-0.05-0.29-0.59-0.22-0.360.62-0.271.00.27-0.03-0.080.02-0.350.290.04-0.21-0.09-0.07-0.07-0.470.42-0.34-0.02
1.0-0.380.440.980.560.49-0.36-0.51-0.01-0.360.050.70.70.110.350.040.69-0.210.670.660.660.080.020.350.75
-0.520.540.13-0.54-0.07-0.010.62-0.51-0.030.62-0.15-0.22-0.220.230.01-0.09-0.23-0.06-0.22-0.22-0.220.00.29-0.02-0.25
-0.010.290.21-0.060.310.2-0.27-0.01-0.03-0.27-0.060.20.180.390.28-0.060.2-0.180.170.170.17-0.030.290.090.2
-0.340.45-0.05-0.29-0.59-0.221.0-0.360.62-0.270.27-0.03-0.080.02-0.350.290.04-0.21-0.09-0.07-0.07-0.470.42-0.34-0.02
0.09-0.380.280.21-0.530.240.270.05-0.15-0.060.270.50.47-0.49-0.730.980.49-0.470.480.470.47-0.210.70.20.51
0.72-0.180.490.770.20.44-0.030.7-0.220.2-0.030.50.9-0.2-0.130.440.98-0.730.860.840.84-0.040.660.50.96
0.72-0.20.480.740.320.44-0.080.7-0.220.18-0.080.470.9-0.030.010.410.88-0.580.990.990.99-0.170.580.420.91
0.090.210.34-0.020.50.320.020.110.230.390.02-0.49-0.2-0.030.68-0.41-0.220.54-0.010.00.00.02-0.15-0.12-0.06
0.320.30.040.180.850.08-0.350.350.010.28-0.35-0.73-0.130.010.68-0.64-0.130.270.010.020.02-0.05-0.54-0.12-0.12
0.08-0.350.30.19-0.480.260.290.04-0.09-0.060.290.980.440.41-0.41-0.640.43-0.430.420.410.41-0.220.640.180.45
0.71-0.120.420.760.140.370.040.69-0.230.20.040.490.980.88-0.22-0.130.43-0.780.830.830.83-0.10.640.330.94
-0.23-0.280.01-0.280.090.09-0.21-0.21-0.06-0.18-0.21-0.47-0.73-0.580.540.27-0.43-0.78-0.52-0.52-0.520.27-0.59-0.16-0.56
0.69-0.250.50.710.320.48-0.090.67-0.220.17-0.090.480.860.99-0.010.010.420.83-0.521.01.0-0.180.570.410.88
0.68-0.230.480.70.310.46-0.070.66-0.220.17-0.070.470.840.990.00.020.410.83-0.521.01.0-0.220.560.340.87
0.68-0.230.480.70.310.46-0.070.66-0.220.17-0.070.470.840.990.00.020.410.83-0.521.01.0-0.220.560.340.87
0.07-0.420.330.070.220.4-0.470.080.0-0.03-0.47-0.21-0.04-0.170.02-0.05-0.22-0.10.27-0.18-0.22-0.22-0.080.46-0.01
0.05-0.020.510.14-0.30.40.420.020.290.290.420.70.660.58-0.15-0.540.640.64-0.590.570.560.56-0.080.310.67
0.36-0.380.480.370.340.51-0.340.35-0.020.09-0.340.20.50.42-0.12-0.120.180.33-0.160.410.340.340.460.310.46
0.77-0.310.620.820.190.58-0.020.75-0.250.2-0.020.510.960.91-0.06-0.120.450.94-0.560.880.870.87-0.010.670.46
Click cells to compare fundamentals

Royce Global Account Relationship Matchups

Royce Global fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets92.5M94.7M68.9M79.1M71.2M83.8M
Other Current Liab(697.8K)(1.2M)(18.2K)70.8K63.7K66.9K
Total Current Liabilities697.8K1.2M18.2K93.2K83.9K79.7K
Total Stockholder Equity83.8M89.4M64.7M74.6M67.1M78.9M
Net Debt8.0M4.0M4.0M(141.6K)(162.9K)(154.7K)
Accounts Payable697.8K1.2M18.2K22.5K20.2K19.2K
Cash12.5K3.2K5.4K141.6K127.5K133.9K
Non Current Assets Total91.9M94.5M68.7M78.4M70.6M83.3M
Non Currrent Assets Other(91.9M)(94.5M)(68.7M)(78.4M)(90.2M)(94.7M)
Other Assets24.8K20.2K20.5K18.8K17.0K16.1K
Cash And Short Term Investments12.5K3.2K5.4K141.6K127.5K133.9K
Net Receivables621.6K198.6K159.7K520.7K468.7K542.1K
Common Stock Shares Outstanding9.5M5.8M6.3M6.4M5.7M7.3M
Liabilities And Stockholders Equity92.5M94.7M68.9M79.1M71.2M83.8M
Total Liab8.8M5.3M4.2M4.5M5.2M6.8M
Total Current Assets621.6K198.6K159.7K662.4K596.1K534.2K
Common Stock47.2M55.4M55.7M56.2M50.5M75.3M
Retained Earnings36.5M34.0M9.0M18.4M21.2M12.2M
Other Current Assets(634.1K)(201.8K)(165.1K)(662.4K)(761.7K)(799.8K)
Net Invested Capital91.8M93.4M68.7M78.6M70.7M84.5M
Long Term Investments91.9M94.5M68.7M78.4M70.6M84.6M
Capital Stock47.2M55.4M55.7M56.2M50.5M60.1M

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