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Royce Micro-Cap Trust Inc  (NYSE:RMT) Debt-to-Equity: 0.10 (As of Jun. 2018)

Royce Micro-Cap Trust Inc's Current Portion of Long-Term Debt for the quarter that ended in Jun. 2018 was $0.00 Mil. Royce Micro-Cap Trust Inc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $45.00 Mil. Royce Micro-Cap Trust Inc's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $432.78 Mil. Royce Micro-Cap Trust Inc's debt to equity for the quarter that ended in Jun. 2018 was 0.10.

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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Royce Micro-Cap Trust Inc Annual Data

Dec17
Debt-to-Equity 0.11

Royce Micro-Cap Trust Inc Semi-Annual Data

Dec17 Jun18
Debt-to-Equity 0.11 0.10

Competitive Comparison
* 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.


Royce Micro-Cap Trust Inc Distribution

* The bar in red indicates where Royce Micro-Cap Trust Inc's Debt-to-Equity falls into.



Calculation

Debt to Equity measures the financial leverage a company has.

Royce Micro-Cap Trust Inc's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Royce Micro-Cap Trust Inc's Debt to Equity Ratio for the quarter that ended in Jun. 2018 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt 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.


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