Royce Short Term Debt vs Total Current Liabilities Analysis

RVT Stock

USD 15.44 0.09 0.58%

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 Short Term Debt and its Total Current Liabilities 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.

Short Term Debt vs Total Current Liabilities

Short Term Debt vs Total Current Liabilities Correlation Analysis

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

The correlation between Royce Value's Short Term Debt and Total Current Liabilities is -0.27. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities 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 Short Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Royce Value Closed are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Royce Value's Short Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Total Current Liabilities

Total Current Liabilities is an item on Royce Value 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 Value Closed 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.

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

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Other Current Liab	Common Stock Total Equity	Common Stock	Net Tangible Assets	Accounts Payable	Long Term Debt	Short Term Investments	Long Term Investments	Intangible Assets
Total Assets		-0.26	-0.08	1.0	-0.05	0.74	1.0	-0.98	0.24	0.51	0.98	-0.28	0.66	0.28	-0.3	-0.14	-0.14	-0.68	0.62	0.88	0.81	0.39	-0.28	-0.15	0.85	-0.15
Short Long Term Debt Total	-0.26		-0.52	-0.28	0.32	-0.08	-0.26	0.26	-0.17	0.05	-0.33	0.83	0.24	-0.15	0.61	-0.14	-0.14	0.06	0.04	-0.55	-0.12	-0.35	-0.08	0.11	-0.2	0.11
Total Current Liabilities	-0.08	-0.52		-0.08	-0.22	-0.19	-0.08	0.1	-0.13	0.0	-0.09	-0.28	-0.02	-0.12	-0.27	0.83	0.83	0.44	-0.63	0.1	-0.13	0.55	0.79	0.12	-0.03	0.12
Total Stockholder Equity	1.0	-0.28	-0.08		-0.04	0.75	1.0	-0.98	0.25	0.49	0.98	-0.3	0.62	0.28	-0.3	-0.17	-0.17	-0.69	0.63	0.89	0.82	0.4	-0.29	-0.15	0.85	-0.15
Net Debt	-0.05	0.32	-0.22	-0.04		0.22	-0.06	0.06	-0.07	-0.45	-0.11	0.04	-0.27	-0.15	0.18	-0.35	-0.35	-0.24	0.16	0.06	0.21	0.06	-0.04	0.05	0.19	0.05
Retained Earnings	0.74	-0.08	-0.19	0.75	0.22		0.73	-0.77	0.39	0.31	0.65	-0.03	0.32	0.38	0.19	-0.28	-0.28	-0.65	0.67	0.7	0.94	0.41	-0.22	-0.35	0.91	-0.35
Non Current Assets Total	1.0	-0.26	-0.08	1.0	-0.06	0.73		-0.98	0.24	0.51	0.98	-0.29	0.66	0.27	-0.3	-0.14	-0.14	-0.68	0.62	0.88	0.8	0.39	-0.29	-0.15	0.84	-0.15
Non Currrent Assets Other	-0.98	0.26	0.1	-0.98	0.06	-0.77	-0.98		-0.39	-0.56	-0.95	0.29	-0.64	-0.42	0.31	0.15	0.15	0.68	-0.58	-0.87	-0.8	-0.43	0.33	0.34	-0.84	0.34
Other Assets	0.24	-0.17	-0.13	0.25	-0.07	0.39	0.24	-0.39		0.46	0.23	-0.13	0.0	0.99	-0.18	-0.11	-0.11	-0.21	0.31	0.29	0.34	0.2	-0.27	-0.95	0.37	-0.95
Net Receivables	0.51	0.05	0.0	0.49	-0.45	0.31	0.51	-0.56	0.46		0.51	0.18	0.69	0.57	-0.06	0.29	0.29	-0.27	0.26	0.27	0.34	0.34	-0.04	-0.43	0.35	-0.43
Common Stock Shares Outstanding	0.98	-0.33	-0.09	0.98	-0.11	0.65	0.98	-0.95	0.23	0.51		-0.36	0.64	0.28	-0.4	-0.14	-0.14	-0.64	0.64	0.9	0.73	0.36	-0.34	-0.13	0.78	-0.13
Non Current Liabilities Total	-0.28	0.83	-0.28	-0.3	0.04	-0.03	-0.29	0.29	-0.13	0.18	-0.36		0.23	-0.09	0.82	0.08	0.08	0.3	-0.04	-0.61	-0.13	-0.39	0.13	0.11	-0.24	0.11
Total Liab	0.66	0.24	-0.02	0.62	-0.27	0.32	0.66	-0.64	0.0	0.69	0.64	0.23		0.1	-0.08	0.29	0.29	-0.21	0.19	0.33	0.35	0.23	-0.06	-0.01	0.39	-0.01
Total Current Assets	0.28	-0.15	-0.12	0.28	-0.15	0.38	0.27	-0.42	0.99	0.57	0.28	-0.09	0.1		-0.18	-0.05	-0.05	-0.21	0.31	0.29	0.34	0.22	-0.25	-0.94	0.37	-0.94
Short Term Debt	-0.3	0.61	-0.27	-0.3	0.18	0.19	-0.3	0.31	-0.18	-0.06	-0.4	0.82	-0.08	-0.18		-0.1	-0.1	0.11	0.09	-0.47	0.06	-0.23	0.22	0.15	-0.07	0.15
Cash	-0.14	-0.14	0.83	-0.17	-0.35	-0.28	-0.14	0.15	-0.11	0.29	-0.14	0.08	0.29	-0.05	-0.1		1.0	0.58	-0.6	-0.12	-0.24	0.44	0.77	0.1	-0.14	0.1
Cash And Short Term Investments	-0.14	-0.14	0.83	-0.17	-0.35	-0.28	-0.14	0.15	-0.11	0.29	-0.14	0.08	0.29	-0.05	-0.1	1.0		0.58	-0.6	-0.12	-0.24	0.44	0.77	0.1	-0.14	0.1
Other Current Liab	-0.68	0.06	0.44	-0.69	-0.24	-0.65	-0.68	0.68	-0.21	-0.27	-0.64	0.3	-0.21	-0.21	0.11	0.58	0.58		-0.72	-0.64	-0.75	-0.39	0.4	0.17	-0.73	0.17
Common Stock Total Equity	0.62	0.04	-0.63	0.63	0.16	0.67	0.62	-0.58	0.31	0.26	0.64	-0.04	0.19	0.31	0.09	-0.6	-0.6	-0.72		0.56	0.7	0.0	-0.57	-0.14	0.66	-0.14
Common Stock	0.88	-0.55	0.1	0.89	0.06	0.7	0.88	-0.87	0.29	0.27	0.9	-0.61	0.33	0.29	-0.47	-0.12	-0.12	-0.64	0.56		0.78	0.56	-0.19	-0.2	0.86	-0.2
Net Tangible Assets	0.81	-0.12	-0.13	0.82	0.21	0.94	0.8	-0.8	0.34	0.34	0.73	-0.13	0.35	0.34	0.06	-0.24	-0.24	-0.75	0.7	0.78		0.51	-0.13	-0.24	0.97	-0.24
Accounts Payable	0.39	-0.35	0.55	0.4	0.06	0.41	0.39	-0.43	0.2	0.34	0.36	-0.39	0.23	0.22	-0.23	0.44	0.44	-0.39	0.0	0.56	0.51		0.5	-0.22	0.62	-0.22
Long Term Debt	-0.28	-0.08	0.79	-0.29	-0.04	-0.22	-0.29	0.33	-0.27	-0.04	-0.34	0.13	-0.06	-0.25	0.22	0.77	0.77	0.4	-0.57	-0.19	-0.13	0.5		0.26	-0.08	0.26
Short Term Investments	-0.15	0.11	0.12	-0.15	0.05	-0.35	-0.15	0.34	-0.95	-0.43	-0.13	0.11	-0.01	-0.94	0.15	0.1	0.1	0.17	-0.14	-0.2	-0.24	-0.22	0.26		-0.28	1.0
Long Term Investments	0.85	-0.2	-0.03	0.85	0.19	0.91	0.84	-0.84	0.37	0.35	0.78	-0.24	0.39	0.37	-0.07	-0.14	-0.14	-0.73	0.66	0.86	0.97	0.62	-0.08	-0.28		-0.28
Intangible Assets	-0.15	0.11	0.12	-0.15	0.05	-0.35	-0.15	0.34	-0.95	-0.43	-0.13	0.11	-0.01	-0.94	0.15	0.1	0.1	0.17	-0.14	-0.2	-0.24	-0.22	0.26	1.0	-0.28

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Royce Value Account Relationship Matchups

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

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