Gold Royalty (Gold Royalty) Debt-to-Equity : N/A (As of Mar. 2024)

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What is Gold Royalty Debt-to-Equity?

Gold Royalty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Gold Royalty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Gold Royalty's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $0.00 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Gold Royalty's Debt-to-Equity or its related term are showing as below:

GROY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.06
Current: 0.06

During the past 4 years, the highest Debt-to-Equity Ratio of Gold Royalty was 0.06. The lowest was 0.02. And the median was 0.02.

GROY's Debt-to-Equity is ranked better than
63.34% of 1304 companies
in the Metals & Mining industry
Industry Median: 0.13 vs GROY: 0.06

Gold Royalty Debt-to-Equity Historical Data

The historical data trend for Gold Royalty's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gold Royalty Debt-to-Equity Chart

Gold Royalty Annual Data

Trend

Sep20

Sep21

Sep22

Dec23

Debt-to-Equity

0.02

0.06

Gold Royalty Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										0.02	0.02	0.03	0.06	N/A

Competitive Comparison of Gold Royalty's Debt-to-Equity

For the Gold subindustry, Gold Royalty's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gold Royalty's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gold Royalty's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gold Royalty's Debt-to-Equity falls into.

Gold Royalty Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gold Royalty's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	33.058)	/	520.95
	=	0.06

Gold Royalty's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	0
	=	N/A

Gold Royalty (AMEX:GROY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Gold Royalty Debt-to-Equity Related Terms

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Gold Royalty (Gold Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Royalty Corp (AMEX:GROY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6LS0:Germany

Address

1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.goldroyalty.com

Gold Royalty Corp is a precious metals-focused royalty and streaming company. It offers creative financing solutions to the metals and mining industry. The company's mission is to acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for investors. It has its business as a single operating segment, being the investment in royalty and mineral stream interests.