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Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.
Royal Gold's quarterly accumulated depreciation
increased
from Dec. 2025 (€-1,810 Mil) to Mar. 2026 (€-1,909 Mil) and
increased
from Mar. 2026 (€-1,909 Mil) to Jun. 2026 (€-1,999 Mil).
Royal Gold's annual accumulated depreciation
increased
from Dec. 2023 (€-1,649 Mil) to Dec. 2024 (€-1,855 Mil) but then
stayed the same
from Dec. 2024 (€-1,855 Mil) to Dec. 2025 (€-1,810 Mil).
Royal Gold Accumulated Depreciation Historical Data
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The historical data trend for Royal Gold's Accumulated Depreciation 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.
The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.
What does a Accumulated Depreciation of €-1,999 Mil mean?
Royal Gold (FRA:RG3) has a Accumulated Depreciation of €-1,999 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Royal Gold and its competitors.
Is Royal Gold's Accumulated Depreciation too high?
Royal Gold's current Accumulated Depreciation is €-1,999 Mil. Overall, Royal Gold has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's Accumulated Depreciation compare to CDE and AUGO?
Royal Gold's Accumulated Depreciation of €-1,999 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Metals & Mining company?
A good Accumulated Depreciation depends on the Metals & Mining industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Royal Gold and its competitors. Royal Gold's current Accumulated Depreciation is €-1,999 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Gold stock overvalued right now?
Based on GuruFocus' analysis, Royal Gold (FRA:RG3) is currently considered Modestly Undervalued. The stock's GF Value™ is €242.11, compared to a current price of €203.00 — trading 16.2% below its estimated fair value. The current Accumulated Depreciation is €-1,999 Mil. Royal Gold's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Royal Gold (FRA:RG3), the current Accumulated Depreciation is €-1,999 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Royal Gold (FRA:RG3) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued.
The current stock price of €203.00 is trading 16.2% below its estimated GF Value™ of €242.11.
GuruFocus considers Royal Gold to be Modestly Undervalued.
Key valuation signals for FRA:RG3:
Accumulated Depreciation: €-1,999 Mil
GF Value™: €242.11 vs. price of €203.00 (16.2% below fair value)
No single metric tells the full story. See the FRA:RG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
85GF Score
Get the complete analysis for FRA:RG3
Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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