Royal Gold (XSWX:RGLD) Interest Coverage: 22.44 (As of Mar. 2026) — 69% Above Median


XSWX:RGLD Royal Gold Inc XSWX:RGLD
91 GF Score
Price CHF164.28
GF Value CHF222.20
! 2 Warning Signs
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What is Royal Gold Interest Coverage?

Royal Gold XSWX:RGLD 91 Interest Coverage is 22.44 as of Mar. 2026, which is 69% above its 10-year median of 13.30. GuruFocus rates XSWX:RGLD with a GF Score™ of 91/100 and a GF Value™ of CHF222.20. The stock has 2 warning signs investors should review. Among 1,316 Metals & Mining companies, Royal Gold ranks worse than 74.24% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Royal Gold's Operating Income for the three months ended in Mar. 2026 was CHF297 Mil. Royal Gold's Interest Expense for the three months ended in Mar. 2026 was CHF-13 Mil. Royal Gold's interest coverage for the quarter that ended in Mar. 2026 was 22.44. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Royal Gold's Interest Coverage or its related term are showing as below:

XSWX:RGLD' s Interest Coverage Range Over the Past 10 Years
Min: 3.17   Med: 13.3   Max: 47.31
Current: 20.4


XSWX:RGLD's Interest Coverage is ranked worse than
74.24% of 1316 companies
in the Metals & Mining industry
Industry Median: No Debt vs XSWX:RGLD: 20.40

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Royal Gold  (XSWX:RGLD) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Royal Gold Interest Coverage Related Terms


Royal Gold Interest Coverage Historical Data

* Premium members only.

The historical data trend for Royal Gold's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Royal Gold Interest Coverage Chart

Royal Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.31 16.77 9.82 44.10 22.90

Royal Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 106.50 91.87 20.33 12.68 22.44

XSWX:RGLD vs : Interest Coverage Comparison

For the Gold subindustry, Royal Gold's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Royal Gold's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Royal Gold's Interest Coverage falls into.


XSWX:RGLD
91GF Score
Royal Gold Inc XSWX:RGLD
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Gold Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Royal Gold's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Royal Gold's Interest Expense was CHF-29 Mil. Its Operating Income was CHF665 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF895 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*664.675/-29.022
=22.90

Royal Gold's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Royal Gold's Interest Expense was CHF-13 Mil. Its Operating Income was CHF297 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF596 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*297.091/-13.242
=22.44

* 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 higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 22.44 mean?
Royal Gold (XSWX:RGLD) has a Interest Coverage of 22.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Royal Gold and its competitors. This is 69% above median its historical median of 13.30. Over the past decade, Royal Gold's Interest Coverage has ranged from 3.17 to 47.31. According to the industry distribution chart, Royal Gold ranks #977 out of 1316 companies in the Metals & Mining industry, placing it in the top 74.2%.
Is Royal Gold's Interest Coverage too high?
Royal Gold's current Interest Coverage of 22.44 is 69% above median its 10-year median of 13.30. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 47.31. The Metals & Mining industry median Interest Coverage is 10,000.00. Royal Gold's value of 22.44 is 99.8% below this industry median. Based on the distribution chart, Royal Gold ranks #977 out of 1316 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Royal Gold has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's Interest Coverage compare to ?
According to the Metals & Mining industry distribution chart, Royal Gold ranks #977 out of 1316 companies for Interest Coverage. This places Royal Gold in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Royal Gold's value of 22.44 is 99.8% below this benchmark. Historically, Royal Gold's own Interest Coverage has ranged from 3.17 to 47.31 over the past decade. While the company's 10-year median is 13.30 vs. the industry median of 10,000.00, Royal Gold has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,316 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Gold's current Interest Coverage of 22.44 is 99.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Royal Gold and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Gold's current Interest Coverage is 22.44, which is 69% above median its own 10-year median of 13.30. 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?
Royal Gold (XSWX:RGLD) has a current Interest Coverage of 22.44. The stock's GF Value™ is CHF222.20, compared to a current price of CHF164.28 — trading 26.1% below its estimated fair value. The current Interest Coverage is 22.44, which is 69% above median its 10-year median of 13.30 and 99.8% below the Metals & Mining industry median of 10,000.00. Royal Gold's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Royal Gold (XSWX:RGLD), the current Interest Coverage is 22.44 as of Mar. 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 (XSWX:RGLD) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued. The current stock price of CHF164.28 is trading 26.1% below its estimated GF Value™ of CHF222.20.

Key valuation signals for XSWX:RGLD:

  • Interest Coverage: 22.44 (69% above median its 10-year median of 13.30)
  • GF Value™: CHF222.20 vs. price of CHF164.28 (26.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 99.8% below the Metals & Mining median (#977 of 1316)

No single metric tells the full story. See the XSWX:RGLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal Gold Business Description

Comparable Companies
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 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.
91GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF164.28
Price
CHF222.20
GF Value