Royal Gold Balance Sheet Health
Financial Health criteria checks 5/6
Royal Gold has a total shareholder equity of $3.0B and total debt of $50.0M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are $3.3B and $287.8M respectively. Royal Gold's EBIT is $322.9M making its interest coverage ratio 36.4. It has cash and short-term investments of $74.2M.
Key information
1.7%
Debt to equity ratio
US$50.00m
Debt
| Interest coverage ratio | 36.4x |
| Cash | US$74.23m |
| Equity | US$2.98b |
| Total liabilities | US$287.83m |
| Total assets | US$3.27b |
Recent financial health updates
Royal Gold (NASDAQ:RGLD) Seems To Use Debt Quite Sensibly
Sep 13
These 4 Measures Indicate That Royal Gold (NASDAQ:RGLD) Is Using Debt Reasonably Well
Jun 09Is 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 03Recent updates
Royal Gold (NASDAQ:RGLD) Seems To Use Debt Quite Sensibly
Sep 13Royal Gold, Inc.'s (NASDAQ:RGLD) Intrinsic Value Is Potentially 50% Above Its Share Price
Aug 08Earnings Tell The Story For Royal Gold, Inc. (NASDAQ:RGLD)
Jun 25These 4 Measures Indicate That Royal Gold (NASDAQ:RGLD) Is Using Debt Reasonably Well
Jun 09The Return Trends At Royal Gold (NASDAQ:RGLD) Look Promising
May 09Getting 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 12Financial Position Analysis
Short Term Liabilities: RGLD's short term assets ($133.5M) exceed its short term liabilities ($122.4M).
Long Term Liabilities: RGLD's short term assets ($133.5M) do not cover its long term liabilities ($165.4M).
Debt to Equity History and Analysis
Debt Level: RGLD has more cash than its total debt.
Reducing Debt: RGLD's debt to equity ratio has reduced from 9.9% to 1.7% over the past 5 years.
Debt Coverage: RGLD's debt is well covered by operating cash flow (902%).
Interest Coverage: RGLD's interest payments on its debt are well covered by EBIT (36.4x coverage).