Gold Royalty Balance Sheet Health
Financial Health criteria checks 2/6
Gold Royalty has a total shareholder equity of $520.4M and total debt of $33.0M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are $691.1M and $170.7M respectively.
Key information
6.3%
Debt to equity ratio
US$33.02m
Debt
Interest coverage ratio | n/a |
Cash | US$2.25m |
Equity | US$520.35m |
Total liabilities | US$170.75m |
Total assets | US$691.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GROY's short term assets ($6.9M) exceed its short term liabilities ($4.9M).
Long Term Liabilities: GROY's short term assets ($6.9M) do not cover its long term liabilities ($165.8M).
Debt to Equity History and Analysis
Debt Level: GROY's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GROY's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GROY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GROY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.