Royce Value Trust Balance Sheet Health
Financial Health criteria checks 5/6
Royce Value Trust has a total shareholder equity of $1.9B and total debt of $35.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are $1.9B and $39.7M respectively. Royce Value Trust's EBIT is $366.5K making its interest coverage ratio 0.2. It has cash and short-term investments of $83.9K.
Key information
1.9%
Debt to equity ratio
US$35.00m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$83.93k |
| Equity | US$1.86b |
| Total liabilities | US$39.68m |
| Total assets | US$1.90b |
Recent financial health updates
No updates
Recent updates
RVT: 12% Discount, 8% Yield, Small-Cap Exposure
Apr 21RVT: 8% Yield From A Well-Structured Small-Cap Fund
Jan 28RVT Crushes Blind Covered Call Selling From RYLD (Rating Downgrades)
Dec 29RVT: SmallCaps May Outperform In 'Soft Landing' Scenario
Dec 17Value Investing Made Easy: Earn 8% With RVT
Oct 24RVT: Reiterate Buy On Positive Seasonality For Small-Caps
Sep 29RVT: Swap Growth For Small-Cap Value Stocks To Combat Inflation
Feb 17RVT: 9.1% Yield Small Cap CEF, Attractively Discounted Price
Sep 18Royce Value Trust dips dividend -8.6% to $0.32/shares
Sep 02Royce Value Trust: Much To Like Except For One Thing
Aug 12Deeply Discounted 8% Yield To Uniquely Benefit From The Market Recovery: RVT
Jun 09RVT: 8% Dividend Yield With Upside To Valuation
Apr 04Let Your Retirement Income Grow For Decades With 7% Yield: RVT
Jan 21Royce Value Trust: High Dividends, Small Cap Value, Best In Class Management
Nov 17Royce Value Trust: Smaller-Cap Exposure At A Discount
Oct 04Royce Value Trust declares $0.25 dividend
Dec 01Royce Value Trust: Strong Investor At A Deep Discount To NAV
Nov 07Financial Position Analysis
Short Term Liabilities: RVT's short term assets ($66.6M) exceed its short term liabilities ($39.7M).
Long Term Liabilities: RVT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RVT's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: RVT's debt to equity ratio has reduced from 4.6% to 1.9% over the past 5 years.
Debt Coverage: RVT's debt is well covered by operating cash flow (202.5%).
Interest Coverage: RVT's interest payments on its debt are not well covered by EBIT (0.2x coverage).