Royal Income Statement Research

RGLD Stock  USD 119.19  9.13  8.30%   
Most accounts from Royal Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Royal Gold Valuation and Royal Gold Correlation analysis.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.
  
At present, Royal Gold's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 728.4 M, whereas Selling And Marketing Expenses is forecasted to decline to 282.15.
Most accounts from Royal Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Royal Gold Valuation and Royal Gold Correlation analysis.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.At present, Royal Gold's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 728.4 M, whereas Selling And Marketing Expenses is forecasted to decline to 282.15.
 2020 2021 2023 2024 (projected)
Gross Profit332.6M322.6M371.0M389.5M
Total Revenue615.9M603.2M693.7M728.4M

Royal Gold income statement Correlations

0.20.970.870.990.60.820.930.990.860.59-0.010.60.20.94-0.650.1-0.250.49-0.14-0.480.39-0.810.690.710.45
0.20.03-0.10.22-0.38-0.22-0.050.170.59-0.42-0.52-0.450.060.4-0.440.64-0.61-0.560.260.250.170.02-0.5-0.290.03
0.970.030.970.950.740.930.990.960.740.740.110.730.290.9-0.6-0.05-0.070.64-0.2-0.560.38-0.770.790.820.53
0.87-0.10.970.840.840.990.990.860.580.840.220.810.390.82-0.58-0.220.130.73-0.28-0.590.3-0.660.810.850.56
0.990.220.950.840.550.780.91.00.880.54-0.060.560.170.93-0.590.18-0.310.45-0.08-0.460.43-0.810.670.70.45
0.6-0.380.740.840.550.870.810.590.21.00.710.980.340.48-0.36-0.510.390.95-0.3-0.580.15-0.470.840.780.49
0.82-0.220.930.990.780.870.970.810.490.870.280.850.40.75-0.49-0.290.190.78-0.3-0.610.29-0.630.840.870.56
0.93-0.050.990.990.90.810.970.920.660.80.180.790.330.86-0.58-0.150.040.7-0.25-0.580.33-0.730.820.850.56
0.990.170.960.861.00.590.810.920.850.58-0.020.590.160.92-0.570.14-0.270.49-0.1-0.480.43-0.820.70.730.46
0.860.590.740.580.880.20.490.660.850.18-0.350.170.20.92-0.680.52-0.60.030.16-0.220.41-0.620.260.350.29
0.59-0.420.740.840.541.00.870.80.580.180.710.990.320.46-0.34-0.520.420.96-0.3-0.570.15-0.470.850.790.48
-0.01-0.520.110.22-0.060.710.280.18-0.02-0.350.710.710.1-0.160.04-0.630.520.75-0.22-0.24-0.080.010.460.30.14
0.6-0.450.730.810.560.980.850.790.590.170.990.710.170.44-0.28-0.520.370.98-0.3-0.650.08-0.540.890.80.47
0.20.060.290.390.170.340.40.330.160.20.320.10.170.35-0.46-0.020.240.1-0.020.280.560.210.070.130.14
0.940.40.90.820.930.480.750.860.920.920.46-0.160.440.35-0.770.21-0.360.3-0.11-0.340.39-0.630.480.590.46
-0.65-0.44-0.6-0.58-0.59-0.36-0.49-0.58-0.57-0.68-0.340.04-0.28-0.46-0.77-0.080.1-0.10.260.13-0.20.31-0.22-0.21-0.1
0.10.64-0.05-0.220.18-0.51-0.29-0.150.140.52-0.52-0.63-0.52-0.020.21-0.08-0.65-0.570.750.270.36-0.03-0.39-0.34-0.18
-0.25-0.61-0.070.13-0.310.390.190.04-0.27-0.60.420.520.370.24-0.360.1-0.650.42-0.41-0.08-0.090.190.280.17-0.03
0.49-0.560.640.730.450.950.780.70.490.030.960.750.980.10.3-0.1-0.570.42-0.27-0.650.04-0.480.870.790.47
-0.140.26-0.2-0.28-0.08-0.3-0.3-0.25-0.10.16-0.3-0.22-0.3-0.02-0.110.260.75-0.41-0.270.060.120.03-0.34-0.33-0.16
-0.480.25-0.56-0.59-0.46-0.58-0.61-0.58-0.48-0.22-0.57-0.24-0.650.28-0.340.130.27-0.08-0.650.060.350.76-0.57-0.55-0.28
0.390.170.380.30.430.150.290.330.430.410.15-0.080.080.560.39-0.20.36-0.090.040.120.35-0.060.210.240.12
-0.810.02-0.77-0.66-0.81-0.47-0.63-0.73-0.82-0.62-0.470.01-0.540.21-0.630.31-0.030.19-0.480.030.76-0.06-0.66-0.59-0.23
0.69-0.50.790.810.670.840.840.820.70.260.850.460.890.070.48-0.22-0.390.280.87-0.34-0.570.21-0.660.840.37
0.71-0.290.820.850.70.780.870.850.730.350.790.30.80.130.59-0.21-0.340.170.79-0.33-0.550.24-0.590.840.8
0.450.030.530.560.450.490.560.560.460.290.480.140.470.140.46-0.1-0.18-0.030.47-0.16-0.280.12-0.230.370.8
Click cells to compare fundamentals

Royal Gold Account Relationship Matchups

Royal Gold income statement Accounts

201920202021202220232024 (projected)
Interest Expense29.7M9.8M6.4M17.2M19.7M20.7M
Total Revenue423.1M498.8M615.9M603.2M693.7M728.4M
Gross Profit178.4M235.7M332.6M322.6M371.0M389.5M
Operating Income140.7M198.9M337.6M283.7M326.3M342.6M
Ebit202.3M306.1M328.4M295.8M340.2M357.2M
Ebitda306.1M377.8M489.7M474.8M546.0M573.3M
Cost Of Revenue244.7M263.1M283.2M280.6M322.7M338.8M
Income Before Tax106.6M192.6M339.6M272.9M313.8M329.5M
Net Income93.8M199.3M302.5M239.0M274.8M288.6M
Income Tax Expense(3.7M)36.9M53.2M32.9M37.9M39.8M
Minority Interest(4.7M)(3.1M)12.6M(960K)(864K)(820.8K)
Tax Provision17.5M(3.7M)36.9M32.9M29.6M19.5M
Interest Income2.3M2.0M2.4M7.8M7.0M8.0M
Net Interest Income(27.3M)(7.8M)(4.0M)(9.3M)(10.7M)(11.3M)

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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 Royal Gold Valuation and Royal Gold Correlation analysis.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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.