| RGT Stock | | | USD 11.94 0.13 1.10% |
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 Interest Expense and its Ebitda 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
signals in price.
Interest Expense vs Ebitda
Interest Expense vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Royce Global Value Interest Expense account and
Ebitda. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Royce Global's Interest Expense and Ebitda is -0.04. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Ebitda 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 Interest Expense and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Royce Global Value are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Interest Expense i.e., Royce Global's Interest Expense and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.04 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Ebitda
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
signals in price.
At this time, Royce Global's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 0.10 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.01 in 2024.
Royce Global fundamental ratios Correlations
Click cells to compare fundamentals
Royce Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Royce Global fundamental ratios Accounts
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Additional Tools for Royce Stock Analysis
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