Royce Return On Tangible Assets from 2010 to 2024

RGT Stock  USD 11.79  0.07  0.60%   
Royce Global Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.13078663
Current Value
0.14
Quarterly Volatility
0.18014199
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Royce Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Royce Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 176.3 K, Interest Expense of 1.3 M or Selling General Administrative of 2.1 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0071 or PTB Ratio of 0.73. Royce financial statements analysis is a perfect complement when working with Royce Global Valuation or Volatility modules.
  
Check out the analysis of Royce Global Correlation against competitors.

Latest Royce Global's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Royce Global Value over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Royce Global's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Royce Global's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Royce Return On Tangible Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.14
Coefficient Of Variation424.58
Mean Deviation0.14
Median0.08
Standard Deviation0.18
Sample Variance0.03
Range0.6173
R-Value0.06
Mean Square Error0.03
R-Squared0
Significance0.82
Slope0
Total Sum of Squares0.45

Royce Return On Tangible Assets History

2024 0.14
2022 -0.35
2021 0.13
2020 0.27
2018 -0.18
2017 0.22
2016 0.0909

About Royce Global Financial Statements

Royce Global shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Royce Global investors may analyze each financial statement separately, they are all interrelated. The changes in Royce Global's assets and liabilities, for example, are also reflected in the revenues and expenses on on Royce Global's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.13  0.14 

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Additional Tools for Royce Stock Analysis

When running Royce Global's price analysis, check to measure Royce Global'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 Global is operating at the current time. Most of Royce Global's value examination focuses on studying past and present price action to predict the probability of Royce Global'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 Global's price. Additionally, you may evaluate how the addition of Royce Global to your portfolios can decrease your overall portfolio volatility.