Royal Deferred Long Term Liab vs Accounts Payable 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 Deferred Long Term Liab and its Accounts Payable 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.
Deferred Long Term Liab vs Accounts Payable
Deferred Long Term Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Gold Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Royal Gold's Deferred Long Term Liab and Accounts Payable is -0.62. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable 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 Deferred Long Term Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Royal Gold are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Deferred Long Term Liab i.e., Royal Gold's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Accounts Payable
An accounting item on the balance sheet that represents Royal Gold obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Royal Gold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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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.