Gold Royalty (Gold Royalty) Total Assets : $691.10 Mil (As of Mar. 2024)

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What is Gold Royalty Total Assets?

Gold Royalty's Total Assets for the quarter that ended in Mar. 2024 was $691.10 Mil.

During the past 12 months, Gold Royalty's average Total Assets Growth Rate was 2.50% per year. During the past 3 years, the average Total Assets Growth Rate was 3335.30% per year.

During the past 4 years, Gold Royalty's highest 3-Year average Total Assets Growth Rate was 3335.30%. The lowest was 3335.30%. And the median was 3335.30%.

Total Assets is connected with ROA %. Gold Royalty's annualized ROA % for the quarter that ended in Mar. 2024 was -0.81%. Total Assets is also linked to Revenue through Asset Turnover. Gold Royalty's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Gold Royalty Total Assets Historical Data

The historical data trend for Gold Royalty's Total Assets 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.

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Gold Royalty Total Assets Chart

Gold Royalty Annual Data

Trend

Sep20

Sep21

Sep22

Dec23

Total Assets

0.06

279.50

688.61

690.99

Gold Royalty Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial										681.85	677.35	683.18	690.99	691.10

Gold Royalty Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Gold Royalty's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	520.95	+	170.044
	=	690.99

Gold Royalty's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	520.352	+	170.748
	=	691.10

Gold Royalty (AMEX:GROY) Total Assets Explanation

Total Assets is connected with ROA %.

Gold Royalty's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-5.62	/	( (690.994	+	691.1)	/ 2 )
	=	-5.62	/	691.047
	=	-0.81 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Gold Royalty's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	2.894	/	( (690.994	+	691.1)	/ 2 )
=	2.894	/	691.047
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Gold Royalty Total Assets 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 » Total Assets

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.