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

Royce Value Trust (Royce Value Trust) Equity-to-Asset

: 0.98 (As of Dec. 2023)
View and export this data going back to 1986. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Royce Value Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,863.98 Mil. Royce Value Trust's Total Assets for the quarter that ended in Dec. 2023 was $1,903.66 Mil. Therefore, Royce Value Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.98.

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

RVT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.95   Med: 0.96   Max: 0.98
Current: 0.98

During the past 7 years, the highest Equity to Asset Ratio of Royce Value Trust was 0.98. The lowest was 0.95. And the median was 0.96.

RVT's Equity-to-Asset is ranked better than
80.76% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs RVT: 0.98

Royce Value Trust Equity-to-Asset Historical Data

The historical data trend for Royce Value Trust's Equity-to-Asset 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 Value Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only 0.96 0.96 0.97 0.98 0.98

Royce Value Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.94 0.98 0.98 0.98

Competitive Comparison

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

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

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



Royce Value Trust Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1863.978/1903.662
=0.98

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1863.978/1903.662
=0.98

* 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 Value Trust  (NYSE:RVT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Royce Value Trust Equity-to-Asset Related Terms

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


Royce Value Trust (Royce Value Trust) Business Description

Traded in Other Exchanges
N/A
Address
745 Fifth Avenue, New York, NY, USA, 10151
Royce Value Trust Inc is a diversified closed-end investment company. It invests in diversified sectors including consumer discretionary, consumer staples, healthcare, financial, IT, telecommunications, and materials. The company portfolio includes common stocks, preferred stocks, corporate bonds, and repurchase agreements.
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
Michael K. Shields director C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
Cecile Burleigh Harper director C/O ROYCE & ASSOCIATES, 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
Christopher D Clark officer: Vice President, other: President - Investment Advisor 745 FIFTH AVENUE, SUITE 2400, NEW YORK NY 10151
Peter K Hoglund officer: Treasurer, other: CFO Investment Advisor 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
O Byrne Daniel A officer: Vice President, other: VP - Investment Advisor ROYCE & ASSOCIATES, 745 FIFTH AVENUE, NEW YORK NY 10151
Arthur S Mehlman director C/O ROYCE & ASSOCIATES, 745 FIFTH AVENUE, NEW YORK NY 10151
Charles M Royce director, officer: President, other: Pres./Dir.- Investment Adviser C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
John E Denneen officer: Secretary, other: Secretary-Investment Adviser C/O ROYCE & ASSOCIATES LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Stephen L Isaacs director C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Richard M Galkin director, other: Director through 2/26/2016. C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
John D Diederich officer: Vice President & Treasurer, other: COO & CFO - Investment Adviser ROYCE & ASSOCIATES LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
W Whitney George director, officer: Vice President, other: VP-Royce, through 11/10/2014 C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151

Royce Value Trust (Royce Value Trust) Headlines

From GuruFocus

Royce Value Trust (NYSE: RVT) as of Apr 30, 2022

By PRNewswire PRNewswire 07-13-2022

Royce Value Trust (NYSE: RVT) as of Sep 30, 2022

By PRNewswire PRNewswire 10-28-2022

Royce Value Trust (NYSE: RVT) as of May 31, 2022

By PRNewswire PRNewswire 06-28-2022

Royce Value Trust (NYSE: RVT) as of Jan 31, 2023

By PRNewswire PRNewswire 02-27-2023

Royce Value Trust (NYSE: RVT) as of Feb 28, 2023

By PRNewswire PRNewswire 03-28-2023

Royce Value Trust Inc's Dividend Analysis

By GuruFocus Research 12-08-2023