Royal Common Stock vs Long Term Investments Analysis
RGLD Stock | USD 123.91 1.62 1.32% |
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 Common Stock and its Long Term Investments 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.
Common Stock vs Long Term Investments
Common Stock vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Gold Common Stock account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Royal Gold's Common Stock and Long Term Investments is -0.65. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Investments 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 Common Stock and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Royal Gold are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Common Stock i.e., Royal Gold's Common Stock and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock
Long Term Investments
Long Term Investments is an item on the asset side of Royal Gold balance sheet that represents investments Royal Gold intends to hold for over a year. Royal Gold long term investments may include different instruments such as stocks, bonds, real estate and cash.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
Click cells to compare fundamentals
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 |
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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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 3.68 | 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.