Royce Long Term Investments vs Accounts Payable Analysis

RMT Stock

USD 10.01 0.02 0.20%

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 Long Term Investments and its Accounts Payable 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.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royce Micro Cap Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Royce Micro's Long Term Investments and Accounts Payable is 0.18. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable 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 Long Term Investments and Accounts Payable 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 Investments of Royce Micro Cap are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., Royce Micro's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Royce Micro balance sheet that represents investments Royce Micro Cap intends to hold for over a year. Royce Micro Cap long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents Royce Micro obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Royce Micro Cap are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 1.13 in 2025, whereas Enterprise Value is likely to drop slightly above 316.8 M in 2025.

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		0.98	0.98	0.74	0.11	0.35	-0.49	-0.19	-0.49	0.85	0.66	0.49	-0.45	0.07	-0.35	-0.1	-0.59	-0.59	0.92	0.74	0.44
Total Stockholder Equity	0.98		0.97	0.69	0.1	0.45	-0.62	-0.34	-0.64	0.92	0.73	0.62	-0.57	0.09	-0.42	-0.22	-0.7	-0.7	0.9	0.8	0.48
Net Tangible Assets	0.98	0.97		0.71	0.14	0.31	-0.56	-0.3	-0.54	0.9	0.69	0.55	-0.57	0.13	-0.48	-0.18	-0.63	-0.63	0.89	0.69	0.41
Retained Earnings	0.74	0.69	0.71		-0.06	0.04	-0.16	0.09	-0.19	0.49	0.1	0.26	0.04	-0.24	-0.03	0.43	-0.19	-0.19	0.7	0.3	0.03
Accounts Payable	0.11	0.1	0.14	-0.06		-0.01	-0.22	0.01	0.01	0.18	0.2	0.23	0.01	0.12	-0.12	-0.09	-0.24	-0.24	-0.01	0.2	0.67
Cash	0.35	0.45	0.31	0.04	-0.01		-0.62	-0.46	-0.78	0.46	0.57	0.5	-0.46	-0.13	-0.22	-0.46	-0.76	-0.76	0.47	0.79	0.63
Other Assets	-0.49	-0.62	-0.56	-0.16	-0.22	-0.62		0.76	0.91	-0.84	-0.57	-0.96	0.79	-0.09	0.65	0.53	0.81	0.81	-0.41	-0.66	-0.58
Net Receivables	-0.19	-0.34	-0.3	0.09	0.01	-0.46	0.76		0.79	-0.54	-0.42	-0.72	0.75	-0.49	0.43	0.78	0.52	0.52	-0.27	-0.37	-0.22
Total Liab	-0.49	-0.64	-0.54	-0.19	0.01	-0.78	0.91	0.79		-0.75	-0.66	-0.82	0.79	-0.11	0.51	0.62	0.89	0.89	-0.51	-0.75	-0.54
Long Term Investments	0.85	0.92	0.9	0.49	0.18	0.46	-0.84	-0.54	-0.75		0.72	0.84	-0.76	0.1	-0.67	-0.36	-0.76	-0.76	0.72	0.74	0.51
Common Stock	0.66	0.73	0.69	0.1	0.2	0.57	-0.57	-0.42	-0.66	0.72		0.44	-0.75	0.25	-0.47	-0.65	-0.83	-0.83	0.6	0.84	0.65
Common Stock Shares Outstanding	0.49	0.62	0.55	0.26	0.23	0.5	-0.96	-0.72	-0.82	0.84	0.44		-0.68	0.04	-0.62	-0.37	-0.67	-0.67	0.38	0.56	0.46
Total Current Liabilities	-0.45	-0.57	-0.57	0.04	0.01	-0.46	0.79	0.75	0.79	-0.76	-0.75	-0.68		-0.32	0.8	0.75	0.76	0.76	-0.39	-0.53	-0.35
Other Current Assets	0.07	0.09	0.13	-0.24	0.12	-0.13	-0.09	-0.49	-0.11	0.1	0.25	0.04	-0.32		0.06	-0.65	-0.04	-0.04	0.15	0.05	0.1
Total Current Assets	-0.35	-0.42	-0.48	-0.03	-0.12	-0.22	0.65	0.43	0.51	-0.67	-0.47	-0.62	0.8	0.06		0.36	0.54	0.54	-0.21	-0.28	-0.19
Short Term Debt	-0.1	-0.22	-0.18	0.43	-0.09	-0.46	0.53	0.78	0.62	-0.36	-0.65	-0.37	0.75	-0.65	0.36		0.56	0.56	-0.2	-0.45	-0.41
Short Long Term Debt Total	-0.59	-0.7	-0.63	-0.19	-0.24	-0.76	0.81	0.52	0.89	-0.76	-0.83	-0.67	0.76	-0.04	0.54	0.56		1.0	-0.54	-0.86	-0.77
Net Debt	-0.59	-0.7	-0.63	-0.19	-0.24	-0.76	0.81	0.52	0.89	-0.76	-0.83	-0.67	0.76	-0.04	0.54	0.56	1.0		-0.54	-0.86	-0.77
Net Invested Capital	0.92	0.9	0.89	0.7	-0.01	0.47	-0.41	-0.27	-0.51	0.72	0.6	0.38	-0.39	0.15	-0.21	-0.2	-0.54	-0.54		0.74	0.4
Capital Stock	0.74	0.8	0.69	0.3	0.2	0.79	-0.66	-0.37	-0.75	0.74	0.84	0.56	-0.53	0.05	-0.28	-0.45	-0.86	-0.86	0.74		0.79
Current Deferred Revenue	0.44	0.48	0.41	0.03	0.67	0.63	-0.58	-0.22	-0.54	0.51	0.65	0.46	-0.35	0.1	-0.19	-0.41	-0.77	-0.77	0.4	0.79

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Royce Micro Account Relationship Matchups

Royce Micro fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	538.8M	613.8M	500.6M	523.9M	602.4M	487.2M
Total Stockholder Equity	515.9M	590.3M	465.9M	520.5M	598.6M	452.0M
Net Tangible Assets	404.8M	515.9M	590.3M	465.9M	535.8M	439.6M
Retained Earnings	149.7M	207.8M	65.5M	102.0M	117.3M	77.6M
Accounts Payable	356.3K	750.1K	22.9M	669.9K	770.4K	731.9K
Cash	9.7K	14.6K	28.1K	95.4K	109.7K	115.2K
Other Assets	7.0M	28.8M	42.3K	(19.5M)	(17.6M)	(16.7M)
Net Receivables	641.5K	765.4K	6.9M	1.3M	1.1M	1.1M
Total Liab	22.9M	23.5M	34.7M	3.4M	3.0M	2.9M
Long Term Investments	538.1M	584.2M	493.7M	522.5M	600.8M	440.1M
Common Stock	366.2M	382.5M	400.4M	418.5M	481.3M	353.0M
Common Stock Shares Outstanding	43.8M	44.1M	47.7M	49.7M	57.2M	40.9M
Total Current Liabilities	356.3K	750.1K	22.9M	3.2M	2.9M	2.8M
Other Current Assets	7.0M	28.8M	20.6M	12.5M	11.2M	14.2M
Total Current Assets	651.2K	765.4K	6.9M	13.8M	12.5M	8.9M
Other Current Liab	(356.3K)	(750.1K)	(34.7M)	568.8K	511.9K	537.5K
Non Current Assets Total	531.2M	584.2M	493.7M	529.5M	609.0M	405.7M
Non Currrent Assets Other	(531.2M)	(584.2M)	(493.7M)	(522.5M)	(470.2M)	(493.7M)
Cash And Short Term Investments	9.7K	14.6K	28.1K	95.4K	109.7K	115.2K
Liabilities And Stockholders Equity	538.8M	613.8M	500.6M	523.9M	602.4M	419.0M
Net Debt	22.0M	22.0M	11.0M	1.9M	1.7M	1.6M
Net Invested Capital	537.9M	612.3M	476.9M	522.5M	600.9M	534.1M
Capital Stock	366.2M	382.5M	400.4M	418.5M	481.3M	414.9M
Current Deferred Revenue	(21.6M)	(21.2M)	11.9M	(1.3M)	(1.5M)	(1.6M)

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