Royce Value Trust's Total Assets for the quarter that ended in Jun. 2024 was $1,950.3 Mil.
During the past 12 months, Royce Value Trust's average Total Assets Growth Rate was 8.70% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 5.00% per year.
During the past 7 years, Royce Value Trust's highest 3-Year average Total Assets Growth Rate was 17.70%. The lowest was -1.10%. And the median was 3.50%.
The historical data trend for Royce Value Trust's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Royce Value Trust's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Jun. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Royce Value Trust's Asset Turnover for the quarter that ended in Jun. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Royce Value Trust Total Assets Related Terms
Thank you for viewing the detailed overview of Royce Value Trust's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
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's portfolio includes common stocks, preferred stocks, corporate bonds, and repurchase agreements.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RVT has been successfully added to your 