Royal Roic vs Pb Ratio Analysis
RGLD Stock | USD 121.55 0.70 0.58% |
Royal Gold financial indicator trend analysis is much more than just breaking down Royal Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royal Gold is a good investment. Please check the relationship between Royal Gold Roic and its Pb Ratio accounts. 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.
Roic vs Pb Ratio
Roic vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Gold Roic account and Pb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Royal Gold's Roic and Pb Ratio is 0.45. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Royal Gold, assuming nothing else is changed. The correlation between historical values of Royal Gold's Roic and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Royal Gold are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Roic i.e., Royal Gold's Roic and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Pb Ratio
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.At present, Royal Gold's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 8.5 B, whereas Enterprise Value Over EBITDA is forecasted to decline to 16.92.
2020 | 2021 | 2023 | 2024 (projected) | Gross Profit | 332.6M | 322.6M | 371.0M | 389.5M | Total Revenue | 615.9M | 603.2M | 693.7M | 728.4M |
Royal Gold fundamental ratios Correlations
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Royal Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Royal Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 2.8B | 2.7B | 3.5B | 4.1B | 4.3B | |
Other Current Liab | 30.7M | 41.1M | 45.7M | 56.9M | 65.4M | 68.7M | |
Total Current Liabilities | 33.6M | 43.6M | 52.1M | 63.6M | 73.1M | 76.8M | |
Total Stockholder Equity | 2.1B | 2.3B | 2.5B | 2.7B | 3.2B | 3.3B | |
Property Plant And Equipment Net | 2.3B | 2.3B | 4.8M | 3.2B | 3.7B | 3.9B | |
Net Debt | (18.7M) | (225.9M) | 327.7M | 453.0M | 520.9M | 547.0M | |
Retained Earnings | 61.1M | 286.2M | 527.3M | 527.3M | 606.4M | 636.7M | |
Cash | 119.5M | 319.1M | 225.9M | 118.6M | 136.4M | 142.1M | |
Non Current Assets Total | 2.4B | 2.4B | 3.2B | 3.3B | 3.9B | 4.0B | |
Non Currrent Assets Other | 85.2M | 92.3M | (3.2B) | 111.3M | 100.2M | 105.2M | |
Cash And Short Term Investments | 119.5M | 319.1M | 225.9M | 118.6M | 136.4M | 142.4M | |
Net Receivables | 30.1M | 51.8M | 49.4M | 52.5M | 60.3M | 63.4M | |
Common Stock Shares Outstanding | 65.5M | 65.6M | 65.6M | 65.7M | 75.5M | 79.3M | |
Liabilities And Stockholders Equity | 2.8B | 2.7B | 3.4B | 3.5B | 4.1B | 4.3B | |
Non Current Liabilities Total | 420.6M | 96.1M | 571.6M | 717.5M | 825.1M | 866.3M | |
Other Current Assets | 1.2M | 1.8M | 5.2M | 2.1M | 2.4M | 2.6M | |
Other Stockholder Equity | 2.2B | 2.2B | 2.2B | 2.2B | 2.5B | 2.7B | |
Total Liab | 373.7M | 464.2M | 148.2M | 781.1M | 898.2M | 943.1M | |
Total Current Assets | 154.7M | 362.2M | 297.1M | 185.8M | 213.7M | 169.4M | |
Inventory | 11.4M | 11.7M | 17.7M | 12.7M | 11.4M | 10.8M | |
Accounts Payable | 2.9M | 2.5M | 6.4M | 6.7M | 7.7M | 8.1M | |
Property Plant And Equipment Gross | 2.3B | 2.3B | 2.3B | 4.9B | 5.6B | 5.9B | |
Other Liab | 111.9M | 88.9M | 87.7M | 140.3M | 161.3M | 169.4M | |
Other Assets | 34.2M | 56.3M | 80.1M | 106.1M | 122.1M | 128.2M | |
Property Plant Equipment | 2.3B | 6.0M | 5.6M | 4.8M | 5.5M | 5.2M | |
Long Term Debt | 351.0M | 214.6M | 300.4M | 571.6M | 657.3M | 690.2M | |
Net Tangible Assets | 2.3B | 2.5B | 2.6B | 2.7B | 3.2B | 2.5B | |
Noncontrolling Interest In Consolidated Entity | 39.1M | 33.8M | 29.9M | 12.6M | 14.5M | 13.8M | |
Retained Earnings Total Equity | (89.9M) | (65.7M) | 61.1M | 286.2M | 257.6M | 270.5M | |
Capital Surpluse | 2.2B | 2.2B | 2.2B | 2.2B | 2.5B | 2.3B | |
Deferred Long Term Liab | 89.0M | 86.4M | 88M | 4.4M | 4.0M | 3.8M |
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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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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.