Royal Gold Balance Sheet Health
Financial Health criteria checks 5/6
Royal Gold has a total shareholder equity of $2.9B and total debt of $246.0M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are $3.4B and $460.4M respectively. Royal Gold's EBIT is $303.2M making its interest coverage ratio 16.4. It has cash and short-term investments of $104.2M.
Key information
8.5%
Debt to equity ratio
US$245.97m
Debt
Interest coverage ratio | 16.4x |
Cash | US$104.17m |
Equity | US$2.90b |
Total liabilities | US$460.42m |
Total assets | US$3.36b |
Recent financial health updates
Is Royal Gold (NASDAQ:RGLD) Using Too Much Debt?
Mar 09Is Royal Gold (NASDAQ:RGLD) A Risky Investment?
Nov 21Is Royal Gold (NASDAQ:RGLD) A Risky Investment?
Jul 07These 4 Measures Indicate That Royal Gold (NASDAQ:RGLD) Is Using Debt Extensively
Apr 03Royal Gold (NASDAQ:RGLD) Seems To Use Debt Quite Sensibly
Dec 21These 4 Measures Indicate That Royal Gold (NASDAQ:RGLD) Is Using Debt Safely
Dec 30Recent updates
Getting In Cheap On Royal Gold, Inc. (NASDAQ:RGLD) Is Unlikely
Mar 24Is Royal Gold (NASDAQ:RGLD) Using Too Much Debt?
Mar 09Is Royal Gold, Inc. (NASDAQ:RGLD) Trading At A 36% Discount?
Feb 22Royal Gold: A Solid Buy The Dip Candidate
Feb 19Returns At Royal Gold (NASDAQ:RGLD) Are On The Way Up
Feb 07What Royal Gold, Inc.'s (NASDAQ:RGLD) P/E Is Not Telling You
Dec 23Is Royal Gold (NASDAQ:RGLD) A Risky Investment?
Nov 21There's Been No Shortage Of Growth Recently For Royal Gold's (NASDAQ:RGLD) Returns On Capital
Nov 06Estimating The Intrinsic Value Of Royal Gold, Inc. (NASDAQ:RGLD)
Oct 20There's Been No Shortage Of Growth Recently For Royal Gold's (NASDAQ:RGLD) Returns On Capital
Aug 06Estimating The Intrinsic Value Of Royal Gold, Inc. (NASDAQ:RGLD)
Jul 22Is Royal Gold (NASDAQ:RGLD) A Risky Investment?
Jul 07Returns At Royal Gold (NASDAQ:RGLD) Are On The Way Up
Apr 18These 4 Measures Indicate That Royal Gold (NASDAQ:RGLD) Is Using Debt Extensively
Apr 03Royal Gold (NASDAQ:RGLD) Has Announced That It Will Be Increasing Its Dividend To $0.375
Mar 07Royal Gold, Inc.'s (NASDAQ:RGLD) Intrinsic Value Is Potentially 23% Below Its Share Price
Jan 19Returns On Capital Are Showing Encouraging Signs At Royal Gold (NASDAQ:RGLD)
Jan 03Royal Gold (NASDAQ:RGLD) Seems To Use Debt Quite Sensibly
Dec 21Royal Gold's (NASDAQ:RGLD) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 07Royal Gold (NASDAQ:RGLD) Is Paying Out A Larger Dividend Than Last Year
Nov 19Royal Gold: Business As Usual Has Become The Exception Among Precious Metals Royalty Plays
Sep 26Royal Gold, Inc. (NASDAQ:RGLD) Shares Could Be 29% Below Their Intrinsic Value Estimate
Sep 12Royal Gold completes plan of arrangement to acquire Great Bear Royalties
Sep 09Royal Gold declares $0.35 dividend
Aug 24Royal Gold (NASDAQ:RGLD) Is Experiencing Growth In Returns On Capital
Aug 09Royal Gold: Attractively Priced Here
Jul 22Royal Gold goes ex-dividend tomorrow
Jun 29If EPS Growth Is Important To You, Royal Gold (NASDAQ:RGLD) Presents An Opportunity
Jun 24Royal Gold: Further Weakness Should Present A Buying Opportunity
Jun 13Calculating The Intrinsic Value Of Royal Gold, Inc. (NASDAQ:RGLD)
May 26Royal Gold: An Attractive Financial Profile
May 12We Like These Underlying Return On Capital Trends At Royal Gold (NASDAQ:RGLD)
Apr 29Royal Gold: Adding Growth To The Portfolio Is A Plus
Mar 15Here's Why I Think Royal Gold (NASDAQ:RGLD) Is An Interesting Stock
Feb 23Royal Gold: Buy The Dips
Feb 20Royal Gold: A Year Of Growth Ahead
Feb 07Royal Gold's (NASDAQ:RGLD) Returns On Capital Are Heading Higher
Jan 27These 4 Measures Indicate That Royal Gold (NASDAQ:RGLD) Is Using Debt Safely
Dec 30Royal Gold: Solid Growth Prospect
Nov 26Is Now The Time To Put Royal Gold (NASDAQ:RGLD) On Your Watchlist?
Nov 22Estimating The Fair Value Of Royal Gold, Inc. (NASDAQ:RGLD)
Nov 08Royal Gold: Record Results With A Strong Year Ahead
Nov 07Financial Position Analysis
Short Term Liabilities: RGLD's short term assets ($167.4M) exceed its short term liabilities ($72.4M).
Long Term Liabilities: RGLD's short term assets ($167.4M) do not cover its long term liabilities ($388.0M).
Debt to Equity History and Analysis
Debt Level: RGLD's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: RGLD's debt to equity ratio has reduced from 16.7% to 8.5% over the past 5 years.
Debt Coverage: RGLD's debt is well covered by operating cash flow (169%).
Interest Coverage: RGLD's interest payments on its debt are well covered by EBIT (16.4x coverage).