Royce Total Current Liabilities vs Net Debt Analysis

RGT Stock

USD 12.42 0.08 0.64%

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 Liabilities and its Net Debt 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 various price indices.

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

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

The correlation between Royce Global's Total Current Liabilities and Net Debt is 0.31. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt 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 Liabilities and Net Debt 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 Liabilities of Royce Global Value are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Royce Global's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

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Total Current Liabilities

Total Current Liabilities is an item on Royce Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Royce Global Value are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 various price indices.

Selling General Administrative is likely to gain to about 1.2 M in 2025. Sales General And Administrative To Revenue is likely to gain to 0.66 in 2025

	2022	2023	2024	2025 (projected)
Total Operating Expenses	340.0K	2.4M	1.3M	649.5K
Cost Of Revenue	864.4K	870.0K	1.0M	1.0M

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		-0.37	0.42	0.99	0.52	0.45	-0.11	1.0	-0.56	-0.03	-0.11	0.03	0.7	0.69	0.11	0.45	0.13	0.68	-0.22	0.65	0.64	0.64	0.17	0.02	0.33	0.75
Other Current Liab	-0.37		-0.4	-0.43	0.08	-0.53	0.29	-0.36	0.62	0.34	0.29	-0.33	-0.1	-0.11	0.22	0.19	-0.35	-0.05	-0.31	-0.18	-0.17	-0.17	-0.31	0.08	-0.2	-0.23
Total Current Liabilities	0.42	-0.4		0.42	0.31	0.97	0.29	0.41	0.09	0.2	0.29	0.21	0.49	0.47	0.34	0.23	0.38	0.42	-0.02	0.5	0.48	0.48	0.45	0.51	0.48	0.61
Total Stockholder Equity	0.99	-0.43	0.42		0.39	0.44	-0.05	0.98	-0.59	-0.08	-0.05	0.16	0.74	0.71	0.0	0.3	0.23	0.73	-0.26	0.66	0.65	0.65	0.16	0.1	0.33	0.8
Net Debt	0.52	0.08	0.31	0.39		0.33	-0.37	0.55	-0.09	0.31	-0.37	-0.58	0.2	0.31	0.51	0.96	-0.39	0.13	0.07	0.32	0.3	0.3	0.3	-0.3	0.33	0.17
Accounts Payable	0.45	-0.53	0.97	0.44	0.33		0.09	0.44	-0.04	0.19	0.09	0.17	0.39	0.39	0.37	0.24	0.31	0.33	0.12	0.43	0.42	0.42	0.43	0.37	0.39	0.54
Cash	-0.11	0.29	0.29	-0.05	-0.37	0.09		-0.12	0.59	-0.22	1.0	0.38	0.32	0.25	-0.07	-0.31	0.45	0.3	-0.36	0.23	0.21	0.21	0.0	0.65	0.28	0.31
Non Current Assets Total	1.0	-0.36	0.41	0.98	0.55	0.44	-0.12		-0.55	-0.02	-0.12	-0.02	0.68	0.67	0.13	0.48	0.09	0.67	-0.2	0.63	0.62	0.62	0.17	-0.01	0.32	0.73
Non Currrent Assets Other	-0.56	0.62	0.09	-0.59	-0.09	-0.04	0.59	-0.55		-0.04	0.59	-0.15	-0.26	-0.26	0.24	-0.02	-0.12	-0.25	-0.03	-0.26	-0.26	-0.26	-0.08	0.26	-0.1	-0.29
Other Assets	-0.03	0.34	0.2	-0.08	0.31	0.19	-0.22	-0.02	-0.04		-0.22	-0.07	0.19	0.18	0.39	0.31	-0.04	0.19	-0.18	0.16	0.16	0.16	0.01	0.29	0.08	0.19
Cash And Short Term Investments	-0.11	0.29	0.29	-0.05	-0.37	0.09	1.0	-0.12	0.59	-0.22		0.38	0.32	0.25	-0.07	-0.31	0.45	0.3	-0.36	0.23	0.21	0.21	0.0	0.65	0.28	0.31
Net Receivables	0.03	-0.33	0.21	0.16	-0.58	0.17	0.38	-0.02	-0.15	-0.07	0.38		0.44	0.41	-0.47	-0.67	0.94	0.44	-0.43	0.4	0.39	0.39	-0.17	0.67	0.12	0.46
Common Stock Total Equity	0.7	-0.1	0.49	0.74	0.2	0.39	0.32	0.68	-0.26	0.19	0.32	0.44		0.91	-0.2	0.06	0.52	0.98	-0.75	0.86	0.84	0.84	0.19	0.66	0.5	0.96
Common Stock Shares Outstanding	0.69	-0.11	0.47	0.71	0.31	0.39	0.25	0.67	-0.26	0.18	0.25	0.41	0.91		-0.02	0.17	0.48	0.88	-0.6	0.99	0.98	0.98	0.05	0.59	0.42	0.9
Non Current Liabilities Total	0.11	0.22	0.34	0.0	0.51	0.37	-0.07	0.13	0.24	0.39	-0.07	-0.47	-0.2	-0.02		0.62	-0.41	-0.22	0.54	-0.01	0.0	0.0	-0.04	-0.15	-0.12	-0.05
Total Liab	0.45	0.19	0.23	0.3	0.96	0.24	-0.31	0.48	-0.02	0.31	-0.31	-0.67	0.06	0.17	0.62		-0.48	0.0	0.18	0.17	0.16	0.16	0.2	-0.41	0.25	0.04
Total Current Assets	0.13	-0.35	0.38	0.23	-0.39	0.31	0.45	0.09	-0.12	-0.04	0.45	0.94	0.52	0.48	-0.41	-0.48		0.49	-0.46	0.49	0.48	0.48	0.06	0.67	0.34	0.52
Common Stock	0.68	-0.05	0.42	0.73	0.13	0.33	0.3	0.67	-0.25	0.19	0.3	0.44	0.98	0.88	-0.22	0.0	0.49		-0.79	0.82	0.81	0.81	0.08	0.64	0.33	0.94
Retained Earnings	-0.22	-0.31	-0.02	-0.26	0.07	0.12	-0.36	-0.2	-0.03	-0.18	-0.36	-0.43	-0.75	-0.6	0.54	0.18	-0.46	-0.79		-0.54	-0.54	-0.54	0.07	-0.6	-0.2	-0.56
Short Long Term Debt Total	0.65	-0.18	0.5	0.66	0.32	0.43	0.23	0.63	-0.26	0.16	0.23	0.4	0.86	0.99	-0.01	0.17	0.49	0.82	-0.54		1.0	1.0	0.08	0.57	0.41	0.86
Long Term Debt	0.64	-0.17	0.48	0.65	0.3	0.42	0.21	0.62	-0.26	0.16	0.21	0.39	0.84	0.98	0.0	0.16	0.48	0.81	-0.54	1.0		1.0	0.04	0.56	0.34	0.85
Long Term Debt Total	0.64	-0.17	0.48	0.65	0.3	0.42	0.21	0.62	-0.26	0.16	0.21	0.39	0.84	0.98	0.0	0.16	0.48	0.81	-0.54	1.0	1.0		0.04	0.56	0.34	0.85
Other Current Assets	0.17	-0.31	0.45	0.16	0.3	0.43	0.0	0.17	-0.08	0.01	0.0	-0.17	0.19	0.05	-0.04	0.2	0.06	0.08	0.07	0.08	0.04	0.04		0.08	0.7	0.16
Cash And Equivalents	0.02	0.08	0.51	0.1	-0.3	0.37	0.65	-0.01	0.26	0.29	0.65	0.67	0.66	0.59	-0.15	-0.41	0.67	0.64	-0.6	0.57	0.56	0.56	0.08		0.31	0.67
Other Stockholder Equity	0.33	-0.2	0.48	0.33	0.33	0.39	0.28	0.32	-0.1	0.08	0.28	0.12	0.5	0.42	-0.12	0.25	0.34	0.33	-0.2	0.41	0.34	0.34	0.7	0.31		0.44
Net Invested Capital	0.75	-0.23	0.61	0.8	0.17	0.54	0.31	0.73	-0.29	0.19	0.31	0.46	0.96	0.9	-0.05	0.04	0.52	0.94	-0.56	0.86	0.85	0.85	0.16	0.67	0.44

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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	84.2M	82.5M
Other Current Liab	(697.8K)	(1.2M)	(18.2K)	70.8K	(194.7K)	(204.5K)
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	81.8M	77.7M
Net Debt	8.0M	4.0M	4.0M	(141.6K)	(5.5K)	(5.2K)
Accounts Payable	697.8K	1.2M	18.2K	22.5K	194.7K	185.0K
Cash	12.5K	3.2K	5.4K	141.6K	5.5K	5.2K
Non Current Assets Total	91.9M	94.5M	68.7M	78.4M	83.0M	81.9M
Non Currrent Assets Other	(91.9M)	(94.5M)	(68.7M)	(78.4M)	(83.0M)	(87.2M)
Other Assets	24.8K	20.2K	20.5K	18.8K	1.1M	1.1M
Cash And Short Term Investments	12.5K	3.2K	5.4K	141.6K	5.5K	5.2K
Net Receivables	621.6K	198.6K	159.7K	520.7K	1.1M	573.7K
Common Stock Shares Outstanding	9.5M	5.8M	6.3M	6.4M	6.5M	7.1M
Liabilities And Stockholders Equity	92.5M	94.7M	68.9M	79.1M	84.2M	82.5M
Total Liab	8.8M	5.3M	4.2M	4.5M	2.4M	2.2M
Total Current Assets	621.6K	198.6K	159.7K	662.4K	5.5K	5.2K
Common Stock	47.2M	55.4M	55.7M	56.2M	57.8M	72.9M
Retained Earnings	36.5M	34.0M	9.0M	18.4M	24.0M	13.5M
Other Current Assets	(634.1K)	(201.8K)	(165.1K)	(662.4K)	(1.1M)	(1.1M)
Net Invested Capital	91.8M	93.4M	68.7M	78.6M	83.8M	82.3M
Long Term Investments	91.9M	94.5M	68.7M	78.4M	83.0M	82.3M
Capital Stock	47.2M	55.4M	55.7M	56.2M	57.8M	58.1M

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