Royal Total Assets vs Non Currrent Assets Other Analysis
| RGLD Stock | USD 148.18 0.42 0.28% |
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 Total Assets and its Non Currrent Assets Other 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.
Total Assets vs Non Currrent Assets Other
Total Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Gold Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Royal Gold's Total Assets and Non Currrent Assets Other is 0.71. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Royal Gold are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Royal Gold's Total Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.71 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Royal Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Royal Gold books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 Revenue | 645.2M | 603.2M | 605.7M | 636.0M | Depreciation And Amortization | 189.0M | 183.2M | 191.1M | 200.6M |
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 | 2.8B | 3.5B | 3.4B | 3.5B | |
| Short Long Term Debt Total | 351.0M | 214.6M | 300.4M | 571.6M | 251.6M | 254.3M | |
| Total Current Liabilities | 33.6M | 43.6M | 61.4M | 63.6M | 72.4M | 76.0M | |
| Total Stockholder Equity | 2.1B | 2.3B | 2.6B | 2.7B | 2.9B | 3.0B | |
| Property Plant And Equipment Net | 2.3B | 2.3B | 2.3B | 3.2B | 3.1B | 3.2B | |
| Net Debt | 95.1M | (18.7M) | (143.6M) | 453.0M | 147.4M | 154.8M | |
| Retained Earnings | (65.7M) | 61.1M | 381.9M | 527.3M | 666.5M | 699.8M | |
| Cash | 119.5M | 319.1M | 143.6M | 118.6M | 104.2M | 139.3M | |
| Non Current Assets Total | 2.4B | 2.4B | 2.5B | 3.3B | 3.2B | 3.4B | |
| Non Currrent Assets Other | 50.2M | 85.2M | 95.6M | 111.3M | 114.1M | 119.8M | |
| Cash And Short Term Investments | 119.5M | 319.1M | 143.6M | 118.6M | 104.2M | 139.6M | |
| Net Receivables | 23.4M | 30.1M | 54.1M | 52.5M | 51.6M | 54.1M | |
| Common Stock Shares Outstanding | 65.5M | 65.6M | 65.6M | 65.7M | 65.7M | 36.6M | |
| Liabilities And Stockholders Equity | 2.5B | 2.8B | 2.8B | 3.5B | 3.4B | 3.5B | |
| Non Current Liabilities Total | 340.1M | 420.6M | 94.4M | 717.5M | 388.0M | 203.3M | |
| Other Current Assets | 389K | 1.2M | 4.9M | 2.1M | 1.9M | 3.3M | |
| Other Stockholder Equity | 2.2B | 2.2B | 2.2B | 2.2B | 2.2B | 2.3B | |
| Total Liab | 373.7M | 464.2M | 155.8M | 781.1M | 460.4M | 483.4M | |
| Total Current Assets | 154.7M | 362.2M | 216.0M | 185.8M | 167.4M | 166.6M | |
| Inventory | 11.4M | 11.7M | 11.6M | 12.7M | 9.8M | 6.3M | |
| Other Current Liab | 30.7M | 41.1M | 48.5M | 34.2M | 33.0M | 34.7M | |
| Accounts Payable | 2.9M | 2.5M | 6.5M | 6.7M | 11.4M | 12.0M | |
| Common Stock | 652K | 654K | 655K | 656K | 754.4K | 716.7K |
Also Currently Popular
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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 4.35 | 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.