Royce Long Term Investments vs Net Receivables Analysis
RVT Stock | USD 16.54 0.17 1.04% |
Royce Value financial indicator trend analysis is much more than just breaking down Royce Value Closed prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royce Value Closed is a good investment. Please check the relationship between Royce Value Long Term Investments and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royce Value Closed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Long Term Investments vs Net Receivables
Long Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royce Value Closed Long Term Investments account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Royce Value's Long Term Investments and Net Receivables is 0.35. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Royce Value Closed, assuming nothing else is changed. The correlation between historical values of Royce Value's Long Term Investments and Net Receivables 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 Value Closed are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Investments i.e., Royce Value's Long Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Royce Value balance sheet that represents investments Royce Value Closed intends to hold for over a year. Royce Value Closed long term investments may include different instruments such as stocks, bonds, real estate and cash.Net Receivables
Most indicators from Royce Value's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royce Value Closed 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 Value Closed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At this time, Royce Value's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 5.26 in 2024, whereas Enterprise Value is likely to drop slightly above 1.1 B in 2024.
Royce Value fundamental ratios Correlations
Click cells to compare fundamentals
Royce Value Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Royce Value fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.0B | 2.2B | 1.6B | 1.9B | 1.1B | |
Total Current Liabilities | 765.3K | 4.5M | 3.9M | 5.2M | 2.3M | 2.2M | |
Total Stockholder Equity | 1.6B | 1.9B | 2.1B | 1.6B | 1.9B | 1.1B | |
Net Debt | 70.0M | 70.0M | 69.9M | 35.0M | 34.9M | 52.3M | |
Retained Earnings | 421.0M | 637.1M | 826.3M | 244.9M | 453.9M | 476.6M | |
Non Current Assets Total | 1.7B | 1.9B | 2.1B | 1.6B | 1.8B | 1.1B | |
Non Currrent Assets Other | (1.7B) | (1.9B) | (2.1B) | (1.6B) | (1.9B) | (1.8B) | |
Other Assets | 12.8M | 24.1M | 107.4M | 515.2K | 1.9B | 2.0B | |
Net Receivables | 1.3M | 2.8M | 4.9M | 7.5M | 7.2M | 7.5M | |
Common Stock Shares Outstanding | 98.2M | 102.0M | 103.4M | 106.1M | 111.7M | 59.7M | |
Liabilities And Stockholders Equity | 1.7B | 2.0B | 2.2B | 1.6B | 1.9B | 1.3B | |
Total Liab | 72.0M | 76.5M | 76.2M | 41.8M | 39.7M | 53.1M | |
Total Current Assets | 1.3M | 2.8M | 4.9M | 7.5M | 66.6M | 69.9M | |
Cash | 7.6K | 262.0 | 76.9K | 42.7K | 83.9K | 79.7K | |
Cash And Short Term Investments | 7.6K | 262.0 | 76.9K | 42.7K | 83.9K | 79.7K | |
Other Current Liab | (765.3K) | (4.5M) | (3.9M) | (5.2M) | (2.3M) | (2.2M) | |
Common Stock | 1.2B | 1.3B | 1.3B | 1.4B | 1.4B | 857.4M | |
Net Tangible Assets | 1.6B | 1.9B | 2.1B | 1.6B | 1.8B | 1.6B | |
Accounts Payable | 765.3K | 4.5M | 3.9M | 5.2M | 2.3M | 4.1M | |
Long Term Investments | 1.7B | 2.0B | 2.1B | 1.6B | 1.9B | 1.6B | |
Other Current Assets | (1.3M) | (2.8M) | (5.0M) | (7.6M) | (7.3M) | (6.9M) | |
Capital Surpluse | 1.2B | 1.2B | 1.3B | 1.3B | 1.5B | 1.2B | |
Net Invested Capital | 1.7B | 2.0B | 2.2B | 1.6B | 1.9B | 2.0B | |
Capital Stock | 1.2B | 1.3B | 1.3B | 1.4B | 1.4B | 1.4B |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Royce Stock Analysis
When running Royce Value's price analysis, check to measure Royce Value'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 Value is operating at the current time. Most of Royce Value's value examination focuses on studying past and present price action to predict the probability of Royce Value'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 Value's price. Additionally, you may evaluate how the addition of Royce Value to your portfolios can decrease your overall portfolio volatility.