Royal Inventory from 2010 to 2024

RGLD Stock  USD 121.66  1.34  1.09%   
Royal Gold's Inventory is increasing over the years with slightly volatile fluctuation. Inventory is expected to dwindle to about 10.8 M. During the period from 2010 to 2024 Royal Gold Inventory annual values regression line had geometric mean of 0.00 and mean square error of 9.7 T. View All Fundamentals
 
Inventory  
First Reported
1988-06-30
Previous Quarter
9.9 M
Current Value
9.8 M
Quarterly Volatility
1.1 B
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Royal Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Royal main balance sheet or income statement drivers, such as Depreciation And Amortization of 216.1 M, Interest Expense of 20.7 M or Total Revenue of 728.4 M, as well as many exotic indicators such as Price To Sales Ratio of 12.45, Dividend Yield of 0.008 or PTB Ratio of 4.9. Royal financial statements analysis is a perfect complement when working with Royal Gold Valuation or Volatility modules.
  
This module can also supplement Royal Gold's financial leverage analysis and stock options assessment as well as various Royal Gold Technical models . Check out the analysis of Royal Gold Correlation against competitors.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.

Latest Royal Gold's Inventory Growth Pattern

Below is the plot of the Inventory of Royal Gold over the last few years. It is Royal Gold's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Royal Gold's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Royal Inventory Regression Statistics

Arithmetic Mean7,868,552
Geometric Mean0.00
Coefficient Of Variation72.98
Mean Deviation4,834,101
Median9,489,000
Standard Deviation5,742,436
Sample Variance33T
Range17.7M
R-Value0.85
Mean Square Error9.7T
R-Squared0.73
Significance0.000054
Slope1,094,445
Total Sum of Squares461.7T

Royal Inventory History

202410.8 M
202311.4 M
202112.7 M
202017.7 M
201911.7 M
201811.4 M
20179.3 M

Other Fundumenentals of Royal Gold

About Royal Gold Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Royal Gold income statement, its balance sheet, and the statement of cash flows. Royal Gold investors use historical funamental indicators, such as Royal Gold's Inventory, to determine how well the company is positioned to perform in the future. Although Royal Gold investors may use each financial statement separately, they are all related. The changes in Royal Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Royal Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Royal Gold Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Royal Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory11.4 M10.8 M
Change To Inventory-944.1 K-896.9 K
Inventory Turnover 26.84  16.51 
Days Of Inventory On Hand 13.60  12.92 
Average Inventory 0.00  0.00 
Days Of Inventory Outstanding 13.60  12.92 

Currently Active Assets on Macroaxis

When determining whether Royal Gold is a strong investment it is important to analyze Royal Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Royal Gold's future performance. For an informed investment choice regarding Royal Stock, refer to the following important reports:
Check out the analysis of Royal Gold Correlation against competitors.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Royal Stock analysis

When running Royal Gold's price analysis, check to measure Royal Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royal Gold is operating at the current time. Most of Royal Gold's value examination focuses on studying past and present price action to predict the probability of Royal Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Gold's price. Additionally, you may evaluate how the addition of Royal Gold to your portfolios can decrease your overall portfolio volatility.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Is Royal Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royal Gold. If investors know Royal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royal Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.142
Dividend Share
0.6
Earnings Share
3.63
Revenue Per Share
9.842
Quarterly Revenue Growth
0.059
The market value of Royal Gold is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Gold's value that differs from its market value or its book value, called intrinsic value, which is Royal Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royal Gold's market value can be influenced by many factors that don't directly affect Royal Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Royal Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.