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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Royce Small-Cap Trust's cash to debt ratio for the quarter that ended in Dec. 2025 was No Debt (1).
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Royce Small-Cap Trustcould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
The historical rank and industry rank for Royce Small-Cap Trust's Cash-to-Debt or its related term are showing as below:
RVT'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0 Max: No Debt
Current: No Debt
During the past 10 years, Royce Small-Cap Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.00.
RVT's Cash-to-Debt is ranked better than 99.51% of 1437
companies
in the Asset Management industry
Industry Median: 5.63
vs RVT: No Debt
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Royce Small-Cap Trust Cash-to-Debt Related Terms
Royce Small-Cap Trust Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Royce Small-Cap Trust's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Asset Management subindustry, Royce Small-Cap Trust's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Royce Small-Cap Trust Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Royce Small-Cap Trust's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Royce Small-Cap Trust's Cash-to-Debt falls into.
Royce Small-Cap Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
Royce Small-Cap Trust had no debt (1).
Royce Small-Cap Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2025 is calculated as:
Royce Small-Cap Trust had no debt (1).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Royce Small-Cap Trust (RVT) has a Cash-to-Debt of No Debt (1) as of Dec. 2025. According to the industry distribution chart, Royce Small-Cap Trust ranks #7 out of 1437 companies in the Asset Management industry, placing it in the top 0.5%.
Is Royce Small-Cap Trust's Cash-to-Debt too high?
Royce Small-Cap Trust's current Cash-to-Debt is No Debt (1). Based on the distribution chart, Royce Small-Cap Trust ranks #7 out of 1437 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Royce Small-Cap Trust has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royce Small-Cap Trust's Cash-to-Debt compare to NMZ and GOF?
According to the Asset Management industry distribution chart, Royce Small-Cap Trust ranks #7 out of 1437 companies for Cash-to-Debt. This places Royce Small-Cap Trust in the top 1% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 5.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 5.63, based on 1,437 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median Cash-to-Debt is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royce Small-Cap Trust's current Cash-to-Debt is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royce Small-Cap Trust stock overvalued right now?
Based on GuruFocus' analysis, Royce Small-Cap Trust (RVT) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.62, compared to a current price of $19.03 — trading 14.5% above its estimated fair value. The current Cash-to-Debt is No Debt (1). Royce Small-Cap Trust's overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Royce Small-Cap Trust (RVT), the current Cash-to-Debt is No Debt (1) as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Royce Small-Cap Trust (RVT) Overvalued in 2026?
Based on GuruFocus' analysis, Royce Small-Cap Trust stock appears to be overvalued.
The current stock price of $19.03 is trading 14.5% above its estimated GF Value™ of $16.62.
GuruFocus considers Royce Small-Cap Trust to be Modestly Overvalued.
Key valuation signals for RVT:
Cash-to-Debt: No Debt (1)
GF Value™: $16.62 vs. price of $19.03 (14.5% above fair value)
No single metric tells the full story. See the RVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royce Small-Cap Trust Inc is a diversified closed-end investment company that invests in equity securities of small-cap companies. The company portfolio includes sectors such as Industrials, Financials, Information Technology, Health Care, and Consumer Discretionary.
59GF Score
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