RMT (Royce Micro-Cap Trust) Total Noninterest Expense: $0.93 Mil (As of Dec. 2025)

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RMT Royce Micro-Cap Trust Inc RMT
52 GF Score
Price $13.76
GF Value $10.44
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Royce Micro-Cap Trust Total Noninterest Expense?

Royce Micro-Cap Trust RMT -1.22% 52 Total Noninterest Expense is $0.93 Mil as of Dec. 2025. GuruFocus rates RMT with a GF Score™ of 52/100 and a GF Value™ of $10.44 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Royce Micro-Cap Trust's Total Noninterest Expense for the six months ended in Dec. 2025 was $-0.74 Mil. Royce Micro-Cap Trust's Total Noninterest Expense for the trailing twelve months (TTM) ended in Dec. 2025 was $0.93 Mil.

Royce Micro-Cap Trust Total Noninterest Expense Related Terms

Royce Micro-Cap Trust Total Noninterest Expense Historical Data

* Premium members only.

The historical data trend for Royce Micro-Cap Trust's Total Noninterest Expense 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.

Royce Micro-Cap Trust Total Noninterest Expense Chart

Royce Micro-Cap Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Noninterest Expense
Get a 7-Day Free Trial Premium Member Only 1.04 0.93 1.02 1.01 0.93

Royce Micro-Cap Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Noninterest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.51 0.51 1.68 -0.74
RMT
52GF Score
Royce Micro-Cap Trust Inc RMT
Total Noninterest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Royce Micro-Cap Trust Total Noninterest Expense Calculation

Total Noninterest Expense is any expenses incurred that not related to interest. It includes:
Selling, General, & Admin. Expense
Occupancy
Equipment
Professional fees
Amortization of intangibles
Any other special income/charges (too numerous to list)
Some banks can do choose to report each of these items separately. Yet, there are a variety of noninterest expense which are simply too numerous to list.

Total Noninterest Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.93 Mil.

* 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 Total Noninterest Expense of $0.93 Mil mean?
Royce Micro-Cap Trust (RMT) has a Total Noninterest Expense of $0.93 Mil as of Dec. 2025. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Royce Micro-Cap Trust and its competitors.
Is Royce Micro-Cap Trust's Total Noninterest Expense too high?
Royce Micro-Cap Trust's current Total Noninterest Expense is $0.93 Mil. Overall, Royce Micro-Cap Trust has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royce Micro-Cap Trust's Total Noninterest Expense compare to GGN and CGBD?
Royce Micro-Cap Trust's Total Noninterest Expense of $0.93 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Noninterest Expense for an Asset Management company?
A good Total Noninterest Expense depends on the Asset Management industry context. However, Total Noninterest Expense 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 Total Noninterest Expense mean?
A high Total Noninterest Expense can signal that a stock is expensive relative to its fundamentals. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Royce Micro-Cap Trust and its competitors. Royce Micro-Cap Trust's current Total Noninterest Expense is $0.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royce Micro-Cap Trust stock overvalued right now?
Based on GuruFocus' analysis, Royce Micro-Cap Trust (RMT) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.44, compared to a current price of $13.76 — trading 31.8% above its estimated fair value. The current Total Noninterest Expense is $0.93 Mil. Royce Micro-Cap Trust's overall GF Score™ is 52/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Noninterest Expense calculated?
Total Noninterest Expense is calculated from a company's financial statements. For Royce Micro-Cap Trust (RMT), the current Total Noninterest Expense is $0.93 Mil 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 Micro-Cap Trust (RMT) Overvalued in 2026?

Based on GuruFocus' analysis, Royce Micro-Cap Trust stock appears to be overvalued. The current stock price of $13.76 is trading 31.8% above its estimated GF Value™ of $10.44. GuruFocus considers Royce Micro-Cap Trust to be Significantly Overvalued.

Key valuation signals for RMT:

  • Total Noninterest Expense: $0.93 Mil
  • GF Value™: $10.44 vs. price of $13.76 (31.8% above fair value)
  • GF Score™: 52/100 with 8 warning signs

No single metric tells the full story. See the RMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Royce Micro-Cap Trust Business Description

Address One Madison Avenue, New York, NY, USA, 10010
Royce Micro-Cap Trust Inc is a diversified closed-end investment company. The company is engaged in investing in micro-cap securities. It invests in the consumer discretionary sector, including diversified consumer services, hotels, household durables, leisure products, and luxury goods. Consumer staples sector, including beverages, food, and staples retailing, food products, and personal products, Energy sector, including energy equipment and services, and oil, gas, and consumable fuels. The company also invests in other sectors, including healthcare, financials, industrials, IT, telecommunications, and materials.
52GF Score

Get the complete analysis for RMT

Total Noninterest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.76
Price
$10.44
GF Value