Royce Total Stockholder Equity vs Common Stock Shares Outstanding 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 Total Stockholder Equity and its Common Stock Shares Outstanding 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.
Total Stockholder Equity vs Common Stock Shares Outstanding
Total Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royce Micro Cap Total Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Royce Micro's Total Stockholder Equity and Common Stock Shares Outstanding is 0.57. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding 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 Total Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Royce Micro Cap are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Stockholder Equity i.e., Royce Micro's Total Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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
Click cells to compare fundamentals
Royce Micro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Royce Micro fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 427.5M | 538.8M | 613.8M | 500.6M | 523.9M | 487.2M | |
Total Stockholder Equity | 404.8M | 515.9M | 590.3M | 465.9M | 520.5M | 452.0M | |
Net Tangible Assets | 404.8M | 515.9M | 590.3M | 465.9M | 535.8M | 439.6M | |
Retained Earnings | 50.7M | 149.7M | 207.8M | 65.5M | 102.0M | 77.6M | |
Accounts Payable | 252.7K | 356.3K | 750.1K | 22.9M | 669.9K | 636.4K | |
Cash | 67.6K | 9.7K | 14.6K | 28.1K | 95.4K | 100.2K | |
Other Assets | 17.8M | 7.0M | 28.8M | 42.3K | (19.5M) | (18.5M) | |
Net Receivables | 560.7K | 641.5K | 765.4K | 6.9M | 1.3M | 1.2M | |
Total Liab | 22.7M | 22.9M | 23.5M | 34.7M | 3.4M | 3.2M | |
Long Term Investments | 426.8M | 538.1M | 584.2M | 493.7M | 522.5M | 440.1M | |
Common Stock | 354.1M | 366.2M | 382.5M | 400.4M | 418.5M | 353.0M | |
Common Stock Shares Outstanding | 42.0M | 43.8M | 44.1M | 47.7M | 49.7M | 40.9M | |
Total Current Liabilities | 252.7K | 356.3K | 750.1K | 22.9M | 3.2M | 3.1M | |
Other Current Assets | (628.4K) | 7.0M | 28.8M | 20.6M | 12.5M | 14.2M | |
Total Current Assets | 628.4K | 651.2K | 765.4K | 6.9M | 13.8M | 8.9M | |
Other Current Liab | (252.7K) | (356.3K) | (750.1K) | (34.7M) | 568.8K | 597.2K | |
Non Current Assets Total | 409.0M | 531.2M | 584.2M | 493.7M | 529.5M | 405.7M | |
Non Currrent Assets Other | (409.0M) | (531.2M) | (584.2M) | (493.7M) | (522.5M) | (548.6M) | |
Cash And Short Term Investments | 67.6K | 9.7K | 14.6K | 28.1K | 95.4K | 100.2K | |
Common Stock Total Equity | 329.1M | 341.5M | 354.1M | 366.2M | 421.1M | 255.0M | |
Liabilities And Stockholders Equity | 427.5M | 538.8M | 613.8M | 500.6M | 523.9M | 419.0M | |
Net Debt | 21.9M | 22.0M | 22.0M | 11.0M | 1.9M | 1.8M | |
Net Invested Capital | 426.8M | 537.9M | 612.3M | 476.9M | 522.5M | 534.1M | |
Capital Stock | 354.1M | 366.2M | 382.5M | 400.4M | 418.5M | 414.9M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Royce Stock Analysis
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.