Royce Micro Cap Closed Fund (RMT) — Cash Flow Quality Index

Latest as of December 2025: -0.02x

Royce Micro Cap Closed Fund (RMT) has a Cash Flow Quality Index of -0.02x as of December 2025. Operating cash flow of $-2.02 Million is below net income of $88.41 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Royce Micro Cap Closed Fund service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.02x
Operating CF / Net Income

Operating Cash Flow

$-2.02 Million
USD

Net Income

$88.41 Million
USD

Data as of

Dec 2025
Most recent filing

Royce Micro Cap Closed Fund Cash Flow Quality Index (2006–2025)

Historical Cash Flow Quality Index for Royce Micro Cap Closed Fund across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Royce Micro Cap Closed Fund.

Annual Cash Flow Quality Index for Royce Micro Cap Closed Fund (2006–2025)

Year-by-year earnings quality comparison for Royce Micro Cap Closed Fund.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 -0.03x $-2.89 Million $87.76 Million ▼ -108.9%
2024 0.37x $3.17 Million $8.53 Million ▼ -1.0%
2023 0.38x $27.36 Million $72.89 Million ▲ +71.3%
2021 0.22x $20.87 Million $95.26 Million ▲ +95.9%
2020 0.11x $13.99 Million $125.16 Million ▼ -45.8%
2019 0.21x $15.39 Million $74.63 Million ▲ +1299.8%
2017 0.01x $456.01K $30.95 Million ▼ -92.7%
2016 0.20x $13.01 Million $64.36 Million ▼ -95.7%
2014 4.73x $38.84 Million $8.22 Million ▲ +2805.2%
2013 0.16x $22.29 Million $137.02 Million ▼ -68.5%
2012 0.52x $25.68 Million $49.72 Million ▼ -48.4%
2007 1.00x $5.39 Million $5.39 Million ▲ +0.0%
2006 1.00x $68.35 Million $68.35 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.