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Royal Gold (FRA:RG3) Equity-to-Asset : 0.92 (As of Sep. 2024)


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What is Royal Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Royal Gold's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €2,737.8 Mil. Royal Gold's Total Assets for the quarter that ended in Sep. 2024 was €2,974.8 Mil. Therefore, Royal Gold's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.92.

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

FRA:RG3' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.81   Max: 0.94
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Royal Gold was 0.94. The lowest was 0.71. And the median was 0.81.

FRA:RG3's Equity-to-Asset is ranked better than
71.77% of 2685 companies
in the Metals & Mining industry
Industry Median: 0.78 vs FRA:RG3: 0.92

Royal Gold Equity-to-Asset Historical Data

The historical data trend for Royal Gold's Equity-to-Asset 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.

Royal Gold Equity-to-Asset Chart

Royal Gold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.82 0.94 0.78 0.86

Royal Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.86 0.88 0.91 0.92

Competitive Comparison of Royal Gold's Equity-to-Asset

For the Gold subindustry, Royal Gold's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Royal Gold's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Royal Gold Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2648.495/3082.089
=0.86

Royal Gold's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=2737.812/2974.764
=0.92

* 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.


Royal Gold  (FRA:RG3) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Royal Gold Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Royal Gold's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Royal Gold Business Description

Traded in Other Exchanges
Address
1144 15th Street, Suite 2500, Denver, CO, USA, 80202
Royal Gold Inc enquires and manages precious metal royalties and streams, with a focus on gold. The company operates by purchasing a percentage of the metal produced from a mineral property for an initial payment, without assuming responsibility of 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 conduct any 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.

Royal Gold Headlines

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