Royal Gross Profit vs Research and Development Expense Analysis

RGLD Stock  USD 121.81  2.62  2.20%   
Trend analysis of Royal Gold balance sheet accounts such as Total Stockholder Equity of 3.3 B, Property Plant And Equipment Net of 3.9 B, Net Debt of 547 M or Retained Earnings of 636.7 M provides information on Royal Gold's total assets, liabilities, and equity, which is the actual value of Royal Gold to its prevalent stockholders. By breaking down trends over time using Royal Gold balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.

About Royal Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Royal Gold at a specified time, usually calculated after every quarter, six months, or one year. Royal Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Royal Gold and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Royal currently owns. An asset can also be divided into two categories, current and non-current.

Royal Gold Balance Sheet Chart

Royal Gold Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Royal Gold uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Royal Gold's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 68.7 M, whereas Inventory is forecasted to decline to about 10.8 M.

Total Assets

Total assets refers to the total amount of Royal Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Royal Gold books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Royal Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Royal Gold are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Royal Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royal Gold current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.The current year's Selling General Administrative is expected to grow to about 41.8 M, whereas Tax Provision is forecasted to decline to about 19.5 M.
 2020 2021 2023 2024 (projected)
Gross Profit332.6M322.6M371.0M389.5M
Total Revenue615.9M603.2M693.7M728.4M

Royal Gold fundamental ratios Correlations

0.870.790.80.980.670.430.680.070.97-0.160.070.70.930.830.140.930.870.120.450.70.140.88-0.1-0.10.63
0.870.690.70.790.720.730.64-0.240.92-0.05-0.240.550.710.92-0.090.720.93-0.20.430.640.30.86-0.24-0.240.71
0.790.691.00.810.50.550.75-0.310.86-0.25-0.310.360.670.53-0.030.70.62-0.270.730.8-0.350.9-0.37-0.370.57
0.80.71.00.820.510.550.75-0.30.86-0.25-0.30.370.680.54-0.040.710.63-0.270.730.84-0.320.9-0.38-0.380.59
0.980.790.810.820.660.320.680.130.94-0.140.130.710.950.720.160.960.760.170.50.710.050.84-0.1-0.10.59
0.670.720.50.510.660.410.3-0.030.690.6-0.030.440.690.67-0.130.690.58-0.010.310.470.240.54-0.11-0.110.66
0.430.730.550.550.320.410.37-0.80.63-0.15-0.8-0.040.240.65-0.450.260.67-0.780.530.470.080.68-0.49-0.490.61
0.680.640.750.750.680.30.37-0.060.67-0.32-0.060.610.430.520.160.430.6-0.020.340.57-0.380.85-0.09-0.090.26
0.07-0.24-0.31-0.30.13-0.03-0.8-0.06-0.180.151.00.470.19-0.070.630.17-0.111.0-0.59-0.230.2-0.280.570.57-0.32
0.970.920.860.860.940.690.630.67-0.18-0.17-0.180.570.880.84-0.030.880.88-0.140.590.750.090.93-0.25-0.250.72
-0.16-0.05-0.25-0.25-0.140.6-0.15-0.320.15-0.170.15-0.04-0.03-0.04-0.15-0.04-0.20.13-0.2-0.180.19-0.290.110.110.1
0.07-0.24-0.31-0.30.13-0.03-0.8-0.061.0-0.180.150.470.19-0.060.620.17-0.111.0-0.59-0.230.2-0.270.570.57-0.31
0.70.550.360.370.710.44-0.040.610.470.57-0.040.470.660.570.580.620.570.52-0.080.330.230.50.520.520.01
0.930.710.670.680.950.690.240.430.190.88-0.030.190.660.680.130.990.70.230.440.630.230.69-0.03-0.030.61
0.830.920.530.540.720.670.650.52-0.070.84-0.04-0.060.570.680.060.670.98-0.030.150.50.40.78-0.04-0.040.61
0.14-0.09-0.03-0.040.16-0.13-0.450.160.63-0.03-0.150.620.580.130.060.120.080.65-0.48-0.130.08-0.030.750.75-0.56
0.930.720.70.710.960.690.260.430.170.88-0.040.170.620.990.670.120.70.210.480.650.210.7-0.1-0.10.64
0.870.930.620.630.760.580.670.6-0.110.88-0.2-0.110.570.70.980.080.7-0.070.230.560.310.85-0.08-0.080.6
0.12-0.2-0.27-0.270.17-0.01-0.78-0.021.0-0.140.131.00.520.23-0.030.650.21-0.07-0.56-0.20.21-0.240.590.59-0.31
0.450.430.730.730.50.310.530.34-0.590.59-0.2-0.59-0.080.440.15-0.480.480.23-0.560.57-0.290.55-0.67-0.670.61
0.70.640.80.840.710.470.470.57-0.230.75-0.18-0.230.330.630.5-0.130.650.56-0.20.57-0.060.75-0.37-0.370.61
0.140.3-0.35-0.320.050.240.08-0.380.20.090.190.20.230.230.40.080.210.310.21-0.29-0.06-0.160.220.220.19
0.880.860.90.90.840.540.680.85-0.280.93-0.29-0.270.50.690.78-0.030.70.85-0.240.550.75-0.16-0.28-0.280.61
-0.1-0.24-0.37-0.38-0.1-0.11-0.49-0.090.57-0.250.110.570.52-0.03-0.040.75-0.1-0.080.59-0.67-0.370.22-0.281.0-0.66
-0.1-0.24-0.37-0.38-0.1-0.11-0.49-0.090.57-0.250.110.570.52-0.03-0.040.75-0.1-0.080.59-0.67-0.370.22-0.281.0-0.66
0.630.710.570.590.590.660.610.26-0.320.720.1-0.310.010.610.61-0.560.640.6-0.310.610.610.190.61-0.66-0.66
Click cells to compare fundamentals

Royal Gold Account Relationship Matchups

Royal Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.8B2.7B3.5B4.1B4.3B
Other Current Liab30.7M41.1M45.7M56.9M65.4M68.7M
Total Current Liabilities33.6M43.6M52.1M63.6M73.1M76.8M
Total Stockholder Equity2.1B2.3B2.5B2.7B3.2B3.3B
Property Plant And Equipment Net2.3B2.3B4.8M3.2B3.7B3.9B
Net Debt(18.7M)(225.9M)327.7M453.0M520.9M547.0M
Retained Earnings61.1M286.2M527.3M527.3M606.4M636.7M
Cash119.5M319.1M225.9M118.6M136.4M142.1M
Non Current Assets Total2.4B2.4B3.2B3.3B3.9B4.0B
Non Currrent Assets Other85.2M92.3M(3.2B)111.3M100.2M105.2M
Cash And Short Term Investments119.5M319.1M225.9M118.6M136.4M142.4M
Net Receivables30.1M51.8M49.4M52.5M60.3M63.4M
Common Stock Shares Outstanding65.5M65.6M65.6M65.7M75.5M79.3M
Liabilities And Stockholders Equity2.8B2.7B3.4B3.5B4.1B4.3B
Non Current Liabilities Total420.6M96.1M571.6M717.5M825.1M866.3M
Other Current Assets1.2M1.8M5.2M2.1M2.4M2.6M
Other Stockholder Equity2.2B2.2B2.2B2.2B2.5B2.7B
Total Liab373.7M464.2M148.2M781.1M898.2M943.1M
Total Current Assets154.7M362.2M297.1M185.8M213.7M169.4M
Inventory11.4M11.7M17.7M12.7M11.4M10.8M
Accounts Payable2.9M2.5M6.4M6.7M7.7M8.1M
Property Plant And Equipment Gross2.3B2.3B2.3B4.9B5.6B5.9B
Other Liab111.9M88.9M87.7M140.3M161.3M169.4M
Other Assets34.2M56.3M80.1M106.1M122.1M128.2M
Property Plant Equipment2.3B6.0M5.6M4.8M5.5M5.2M
Long Term Debt351.0M214.6M300.4M571.6M657.3M690.2M
Net Tangible Assets2.3B2.5B2.6B2.7B3.2B2.5B
Noncontrolling Interest In Consolidated Entity39.1M33.8M29.9M12.6M14.5M13.8M
Retained Earnings Total Equity(89.9M)(65.7M)61.1M286.2M257.6M270.5M
Capital Surpluse2.2B2.2B2.2B2.2B2.5B2.3B
Deferred Long Term Liab89.0M86.4M88M4.4M4.0M3.8M

Royal Gold Investors Sentiment

The influence of Royal Gold's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Royal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Royal Gold's public news can be used to forecast risks associated with an investment in Royal. The trend in average sentiment can be used to explain how an investor holding Royal can time the market purely based on public headlines and social activities around Royal Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Royal Gold's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Royal Gold's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Royal Gold's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Royal Gold.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Royal Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Royal Gold's short interest history, or implied volatility extrapolated from Royal Gold options trading.

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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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.

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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.
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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.