Royce Global Value Trust (Royce Global Value Trust) Debt-to-Equity

: 0.05 (As of Dec. 2023)

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Royce Global Value Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Royce Global Value Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.0 Mil. Royce Global Value Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $74.6 Mil. Royce Global Value Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Royce Global Value Trust's Debt-to-Equity or its related term are showing as below:

RGT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.06 Max: 0.1
Current: 0.05

During the past 7 years, the highest Debt-to-Equity Ratio of Royce Global Value Trust was 0.10. The lowest was 0.05. And the median was 0.06.

RGT's Debt-to-Equity is ranked better than
83.91% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs RGT: 0.05

Royce Global Value Trust Debt-to-Equity Historical Data

The historical data trend for Royce Global Value Trust's Debt-to-Equity 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.

* Premium members only.

Royce Global Value Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.06

0.10

0.05

0.06

0.05

Royce Global Value Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity									0.05	0.06	0.06	0.06	0.05

Competitive Comparison

For the Asset Management subindustry, Royce Global Value Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Global Value Trust Debt-to-Equity Distribution

For the Asset Management industry and Financial Services sector, Royce Global Value Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Royce Global Value Trust's Debt-to-Equity falls into.

Royce Global Value Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Royce Global Value Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	4)	/	74.578
	=	0.05

Royce Global Value Trust's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	4)	/	74.578
	=	0.05

Royce Global Value Trust (NYSE:RGT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Royce Global Value Trust Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Royce Global Value Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Royce Global Value Trust (Royce Global Value Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Royce Global Value Trust Inc (NYSE:RGT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

745 Fifth Avenue, New York, NY, USA, 10151

Website

https://www.royceinvest.com

Royce Global Value Trust Inc is a diversified closed-end investment company. The fund spreads its investments across diversified sectors such as information technology, consumer discretionary, health care, materials, consumer staples, and energy. Geographically, it has a presence in the region of the United Kingdom, Japan, the United States, Canada, France, Hong Kong, and Germany.

Executives

Julia Ward Poston	director	C/O ROYCE & ASSOCIATES, 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
Christopher C. Grisanti	director	745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
G Peter Obrien	director	C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Charles M Royce	director, officer: President, other: President - Investment Adviser	C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Cecile Burleigh Harper	director	C/O ROYCE & ASSOCIATES, 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
John E Denneen	officer: Secretary	C/O ROYCE & ASSOCIATES LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Christopher D Clark	officer: Vice President, other: President - Investment Advisor	745 FIFTH AVENUE, SUITE 2400, NEW YORK NY 10151
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Michael K. Shields	director	C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
Francis Gannon	officer: Vice President	C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Arthur S Mehlman	director	C/O ROYCE & ASSOCIATES, 745 FIFTH AVENUE, NEW YORK NY 10151
Peter K Hoglund	officer: Treasuer, other: CFO Investment Advisor	745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
Patricia Walsh Chadwick	director	7337 E DOUBLETREE RANCH ROAD, SCOTTSDALE AZ 85258
Fockler Jack E. Jr.	officer: Vice President, other: VP - Investment Advisor	C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151