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 Small-Cap Trust's Debt-to-Equity or its related term are showing as below:
During the past 9 years, the highest Debt-to-Equity Ratio of Royce Small-Cap Trust was 0.05. The lowest was 0.02. And the median was 0.03.
RVT's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.21 * Ranked among companies with meaningful Debt-to-Equity only.
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 Small-Cap Trust Debt-to-Equity Related Terms
Royce Small-Cap Trust Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Royce Small-Cap 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.
For the Asset Management subindustry, Royce Small-Cap 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 Small-Cap Trust Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Royce Small-Cap Trust's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Royce Small-Cap Trust's Debt-to-Equity falls into.
* 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.
Royce Small-Cap Trust (RVT) has a Debt-to-Equity of 0.00 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Royce Small-Cap Trust and its competitors. Over the past decade, Royce Small-Cap Trust's Debt-to-Equity has ranged from 0.02 to 0.05. According to the industry distribution chart, Royce Small-Cap Trust ranks #999999 out of 962 companies in the Asset Management industry.
Is Royce Small-Cap Trust's Debt-to-Equity too high?
Royce Small-Cap Trust's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.05. Based on the distribution chart, Royce Small-Cap Trust ranks #999999 out of 962 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Royce Small-Cap Trust has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Royce Small-Cap Trust's Debt-to-Equity compare to ETY and CLM?
According to the Asset Management industry distribution chart, Royce Small-Cap Trust ranks #999999 out of 962 companies for Debt-to-Equity. This places Royce Small-Cap Trust in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Historically, Royce Small-Cap Trust's own Debt-to-Equity has ranged from 0.02 to 0.05 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 962 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Royce Small-Cap Trust and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royce Small-Cap Trust's current Debt-to-Equity is 0.00. 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 Fairly Valued. The stock's GF Value™ is $16.62, compared to a current price of $18.11 — trading 9% above its estimated fair value. The current Debt-to-Equity is 0.00. 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 Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Royce Small-Cap Trust (RVT), the current Debt-to-Equity is 0.00 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 $18.11 is trading 9% above its estimated GF Value™ of $16.62.
GuruFocus considers Royce Small-Cap Trust to be Fairly Valued.
Key valuation signals for RVT:
Debt-to-Equity: 0.00
GF Value™: $16.62 vs. price of $18.11 (9% 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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