Royal Reconciled Depreciation vs Total Other Income Expense Net Analysis

RGLD Stock  USD 145.67  0.64  0.44%   
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 Reconciled Depreciation and its Total Other Income Expense Net 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 closely tied 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.

Reconciled Depreciation vs Total Other Income Expense Net

Reconciled Depreciation vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Gold Reconciled Depreciation account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Royal Gold's Reconciled Depreciation and Total Other Income Expense Net is -0.01. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Other Income Expense Net 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 Reconciled Depreciation and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Royal Gold are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Reconciled Depreciation i.e., Royal Gold's Reconciled Depreciation and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Reconciled Depreciation

Total Other Income Expense Net

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 closely tied 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 Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Revenue645.2M603.2M605.7M636.0M
Depreciation And Amortization189.0M183.2M191.1M200.6M

Royal Gold fundamental ratios Correlations

0.640.690.980.960.190.530.210.950.710.210.640.740.560.090.950.720.250.50.660.62-0.21-0.180.490.860.17
0.640.330.560.650.440.15-0.070.660.42-0.070.410.630.63-0.070.610.65-0.020.550.510.19-0.15-0.230.440.490.43
0.690.330.780.760.290.74-0.280.790.93-0.280.270.31-0.03-0.050.630.19-0.250.650.790.87-0.11-0.370.150.570.34
0.980.560.780.920.080.620.210.930.770.210.630.690.370.120.940.550.240.520.730.69-0.23-0.210.440.870.22
0.960.650.760.920.450.53-0.071.00.78-0.070.480.660.56-0.090.890.73-0.040.640.680.69-0.17-0.290.420.80.15
0.190.440.290.080.450.04-0.80.440.37-0.8-0.240.030.41-0.560.080.48-0.790.560.160.250.05-0.350.00.030.06
0.530.150.740.620.530.04-0.040.550.75-0.040.510.01-0.120.120.330.09-0.020.190.30.72-0.11-0.14-0.050.410.17
0.21-0.07-0.280.21-0.07-0.8-0.04-0.09-0.31.00.50.310.180.580.260.131.0-0.49-0.1-0.22-0.140.360.240.27-0.1
0.950.660.790.931.00.440.55-0.090.81-0.090.490.650.51-0.090.890.69-0.050.660.710.7-0.17-0.30.410.80.2
0.710.420.930.770.780.370.75-0.30.81-0.30.230.290.04-0.230.620.25-0.280.750.750.78-0.3-0.530.120.650.46
0.21-0.07-0.280.21-0.07-0.8-0.041.0-0.09-0.30.50.310.180.580.260.131.0-0.49-0.1-0.22-0.140.350.230.27-0.1
0.640.410.270.630.48-0.240.510.50.490.230.50.510.370.640.530.450.55-0.140.170.240.10.50.40.480.0
0.740.630.310.690.660.030.010.310.650.290.310.510.640.140.830.60.360.470.560.170.010.050.890.620.22
0.560.63-0.030.370.560.41-0.120.180.510.040.180.370.64-0.010.50.950.210.20.08-0.03-0.020.080.560.38-0.04
0.09-0.07-0.050.12-0.09-0.560.120.58-0.09-0.230.580.640.14-0.010.09-0.020.61-0.46-0.01-0.150.210.710.130.01-0.08
0.950.610.630.940.890.080.330.260.890.620.260.530.830.50.090.620.290.560.760.53-0.24-0.220.550.890.2
0.720.650.190.550.730.480.090.130.690.250.130.450.60.95-0.020.620.160.260.20.19-0.060.010.430.51-0.04
0.25-0.02-0.250.24-0.04-0.79-0.021.0-0.05-0.281.00.550.360.210.610.290.16-0.47-0.07-0.21-0.120.380.290.29-0.08
0.50.550.650.520.640.560.19-0.490.660.75-0.49-0.140.470.2-0.460.560.26-0.470.770.4-0.27-0.610.340.490.58
0.660.510.790.730.680.160.3-0.10.710.75-0.10.170.560.08-0.010.760.2-0.070.770.56-0.32-0.440.330.690.52
0.620.190.870.690.690.250.72-0.220.70.78-0.220.240.17-0.03-0.150.530.19-0.210.40.56-0.19-0.390.040.57-0.05
-0.21-0.15-0.11-0.23-0.170.05-0.11-0.14-0.17-0.3-0.140.10.01-0.020.21-0.24-0.06-0.12-0.27-0.32-0.190.610.12-0.61-0.11
-0.18-0.23-0.37-0.21-0.29-0.35-0.140.36-0.3-0.530.350.50.050.080.71-0.220.010.38-0.61-0.44-0.390.610.17-0.34-0.26
0.490.440.150.440.420.0-0.050.240.410.120.230.40.890.560.130.550.430.290.340.330.040.120.170.370.1
0.860.490.570.870.80.030.410.270.80.650.270.480.620.380.010.890.510.290.490.690.57-0.61-0.340.370.12
0.170.430.340.220.150.060.17-0.10.20.46-0.10.00.22-0.04-0.080.2-0.04-0.080.580.52-0.05-0.11-0.260.10.12
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Royal Gold Account Relationship Matchups

Royal Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.8B2.8B3.5B3.4B3.5B
Short Long Term Debt Total351.0M214.6M300.4M571.6M251.6M254.3M
Total Current Liabilities33.6M43.6M61.4M63.6M72.4M76.0M
Total Stockholder Equity2.1B2.3B2.6B2.7B2.9B3.0B
Property Plant And Equipment Net2.3B2.3B2.3B3.2B3.1B3.2B
Net Debt95.1M(18.7M)(143.6M)453.0M147.4M154.8M
Retained Earnings(65.7M)61.1M381.9M527.3M666.5M699.8M
Cash119.5M319.1M143.6M118.6M104.2M139.3M
Non Current Assets Total2.4B2.4B2.5B3.3B3.2B3.4B
Non Currrent Assets Other50.2M85.2M95.6M111.3M114.1M119.8M
Cash And Short Term Investments119.5M319.1M143.6M118.6M104.2M139.6M
Net Receivables23.4M30.1M54.1M52.5M51.6M54.1M
Common Stock Shares Outstanding65.5M65.6M65.6M65.7M65.7M36.6M
Liabilities And Stockholders Equity2.5B2.8B2.8B3.5B3.4B3.5B
Non Current Liabilities Total340.1M420.6M94.4M717.5M388.0M203.3M
Other Current Assets389K1.2M4.9M2.1M1.9M3.3M
Other Stockholder Equity2.2B2.2B2.2B2.2B2.2B2.3B
Total Liab373.7M464.2M155.8M781.1M460.4M483.4M
Total Current Assets154.7M362.2M216.0M185.8M167.4M166.6M
Inventory11.4M11.7M11.6M12.7M9.8M6.3M
Other Current Liab30.7M41.1M48.5M34.2M33.0M34.7M
Accounts Payable2.9M2.5M6.5M6.7M11.4M12.0M
Common Stock652K654K655K656K754.4K716.7K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 closely tied 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Metals & Mining space 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
4.36
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.