Royce Free Cash Flow Yield vs Ev To Free Cash Flow Analysis

RMT Stock  USD 9.91  0.08  0.80%   
Royce Micro financial indicator trend analysis is much more than just breaking down Royce Micro Cap prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royce Micro Cap is a good investment. Please check the relationship between Royce Micro Free Cash Flow Yield and its Ev To Free Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royce Micro Cap. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Free Cash Flow Yield vs Ev To Free Cash Flow

Free Cash Flow Yield vs Ev To Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royce Micro Cap Free Cash Flow Yield account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Royce Micro's Free Cash Flow Yield and Ev To Free Cash Flow is -0.52. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Royce Micro Cap, assuming nothing else is changed. The correlation between historical values of Royce Micro's Free Cash Flow Yield and Ev To Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Royce Micro Cap are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Free Cash Flow Yield i.e., Royce Micro's Free Cash Flow Yield and Ev To Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.
Most indicators from Royce Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royce Micro Cap 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 Micro Cap. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Royce Micro's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.98 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 4.13 in 2024.

Royce Micro fundamental ratios Correlations

0.970.970.780.160.14-0.41-0.12-0.370.820.530.41-0.40.11-0.380.02-0.49-0.490.90.640.33
0.970.990.730.150.26-0.58-0.31-0.550.90.620.57-0.540.13-0.47-0.12-0.62-0.620.870.710.38
0.970.990.690.150.25-0.54-0.28-0.530.890.670.52-0.560.15-0.47-0.15-0.63-0.630.850.710.38
0.780.730.69-0.05-0.04-0.120.11-0.140.480.010.230.07-0.24-0.020.49-0.14-0.140.730.28-0.02
0.160.150.15-0.050.03-0.250.0-0.020.240.290.260.00.12-0.13-0.11-0.29-0.290.020.370.74
0.140.260.25-0.040.03-0.58-0.45-0.740.320.410.43-0.41-0.14-0.24-0.42-0.7-0.70.290.720.56
-0.41-0.58-0.54-0.12-0.25-0.580.760.91-0.82-0.51-0.960.78-0.110.670.50.80.8-0.32-0.68-0.53
-0.12-0.31-0.280.110.0-0.450.760.8-0.53-0.41-0.720.74-0.50.430.780.50.5-0.22-0.37-0.17
-0.37-0.55-0.53-0.14-0.02-0.740.910.8-0.71-0.58-0.80.78-0.140.540.60.870.87-0.4-0.74-0.47
0.820.90.890.480.240.32-0.82-0.53-0.710.640.82-0.760.13-0.73-0.3-0.71-0.710.650.680.42
0.530.620.670.010.290.41-0.51-0.41-0.580.640.34-0.780.35-0.56-0.66-0.81-0.810.440.740.59
0.410.570.520.230.260.43-0.96-0.72-0.80.820.34-0.660.06-0.64-0.33-0.63-0.630.280.530.39
-0.4-0.54-0.560.070.0-0.410.780.740.78-0.76-0.78-0.66-0.340.810.730.750.75-0.32-0.55-0.3
0.110.130.15-0.240.12-0.14-0.11-0.5-0.140.130.350.06-0.340.06-0.68-0.06-0.060.20.130.12
-0.38-0.47-0.47-0.02-0.13-0.240.670.430.54-0.73-0.56-0.640.810.060.370.580.57-0.22-0.37-0.19
0.02-0.12-0.150.49-0.11-0.420.50.780.6-0.3-0.66-0.330.73-0.680.370.530.53-0.11-0.43-0.36
-0.49-0.62-0.63-0.14-0.29-0.70.80.50.87-0.71-0.81-0.630.75-0.060.580.531.0-0.43-0.91-0.74
-0.49-0.62-0.63-0.14-0.29-0.70.80.50.87-0.71-0.81-0.630.75-0.060.570.531.0-0.43-0.91-0.74
0.90.870.850.730.020.29-0.32-0.22-0.40.650.440.28-0.320.2-0.22-0.11-0.43-0.430.640.28
0.640.710.710.280.370.72-0.68-0.37-0.740.680.740.53-0.550.13-0.37-0.43-0.91-0.910.640.84
0.330.380.38-0.020.740.56-0.53-0.17-0.470.420.590.39-0.30.12-0.19-0.36-0.74-0.740.280.84
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Royce Micro Account Relationship Matchups

Royce Micro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets427.5M538.8M613.8M500.6M523.9M487.2M
Total Stockholder Equity404.8M515.9M590.3M465.9M520.5M452.0M
Net Tangible Assets404.8M515.9M590.3M465.9M535.8M439.6M
Retained Earnings50.7M149.7M207.8M65.5M102.0M77.6M
Accounts Payable252.7K356.3K750.1K22.9M669.9K636.4K
Cash67.6K9.7K14.6K28.1K95.4K100.2K
Other Assets17.8M7.0M28.8M42.3K(19.5M)(18.5M)
Net Receivables560.7K641.5K765.4K6.9M1.3M1.2M
Total Liab22.7M22.9M23.5M34.7M3.4M3.2M
Long Term Investments426.8M538.1M584.2M493.7M522.5M440.1M
Common Stock354.1M366.2M382.5M400.4M418.5M353.0M
Common Stock Shares Outstanding42.0M43.8M44.1M47.7M49.7M40.9M
Total Current Liabilities252.7K356.3K750.1K22.9M3.2M3.1M
Other Current Assets(628.4K)7.0M28.8M20.6M12.5M14.2M
Total Current Assets628.4K651.2K765.4K6.9M13.8M8.9M
Other Current Liab(252.7K)(356.3K)(750.1K)(34.7M)568.8K597.2K
Non Current Assets Total409.0M531.2M584.2M493.7M529.5M405.7M
Non Currrent Assets Other(409.0M)(531.2M)(584.2M)(493.7M)(522.5M)(548.6M)
Cash And Short Term Investments67.6K9.7K14.6K28.1K95.4K100.2K
Common Stock Total Equity329.1M341.5M354.1M366.2M421.1M255.0M
Liabilities And Stockholders Equity427.5M538.8M613.8M500.6M523.9M419.0M
Net Debt21.9M22.0M22.0M11.0M1.9M1.8M
Net Invested Capital426.8M537.9M612.3M476.9M522.5M534.1M
Capital Stock354.1M366.2M382.5M400.4M418.5M414.9M

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