Royal Change In Cash vs Net Income Analysis

RGLD Stock

USD 148.22 0.19 0.13%

Royal Gold financial indicator trend analysis is much more than just breaking down Royal Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royal Gold is a good investment. Please check the relationship between Royal Gold Change In Cash and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Gold Change In Cash account and Net Income. At this time, the significance of the direction appears to have very week relationship.

The correlation between Royal Gold's Change In Cash and Net Income is 0.27. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Income in the same time period over historical financial statements of Royal Gold, assuming nothing else is changed. The correlation between historical values of Royal Gold's Change In Cash and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Royal Gold are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Cash i.e., Royal Gold's Change In Cash and Net Income go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Change In Cash

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Royal Gold financial statement analysis. It represents the amount of money remaining after all of Royal Gold operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Royal Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royal Gold current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.At present, Royal Gold's Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Total Revenue	645.2M	603.2M	605.7M	636.0M
Depreciation And Amortization	189.0M	183.2M	191.1M	200.6M

Total Revenue Depreciation And Amortization

Royal Gold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Inventory	Other Current Liab	Accounts Payable	Short Term Debt	Common Stock	Short Term Investments	Current Deferred Revenue	Long Term Debt
Total Assets		0.64	0.69	0.98	0.96	0.19	0.53	0.21	0.95	0.71	0.21	0.64	0.74	0.56	0.09	0.95	0.72	0.25	0.5	0.62	0.62	-0.21	-0.18	0.49	0.86	0.17
Short Long Term Debt Total	0.64		0.33	0.56	0.65	0.44	0.15	-0.07	0.66	0.42	-0.07	0.41	0.63	0.63	-0.07	0.61	0.65	-0.02	0.55	0.47	0.19	-0.15	-0.23	0.44	0.49	0.43
Total Current Liabilities	0.69	0.33		0.78	0.76	0.29	0.74	-0.28	0.79	0.93	-0.28	0.27	0.31	-0.03	-0.05	0.63	0.19	-0.25	0.65	0.85	0.87	-0.11	-0.37	0.15	0.57	0.34
Total Stockholder Equity	0.98	0.56	0.78		0.92	0.08	0.62	0.21	0.93	0.77	0.21	0.63	0.69	0.37	0.12	0.94	0.55	0.24	0.52	0.74	0.69	-0.23	-0.21	0.44	0.87	0.22
Property Plant And Equipment Net	0.96	0.65	0.76	0.92		0.45	0.53	-0.07	1.0	0.78	-0.07	0.48	0.66	0.56	-0.09	0.89	0.73	-0.04	0.64	0.63	0.69	-0.17	-0.29	0.42	0.8	0.15
Net Debt	0.19	0.44	0.29	0.08	0.45		0.04	-0.8	0.44	0.37	-0.8	-0.24	0.03	0.41	-0.56	0.08	0.48	-0.79	0.56	0.13	0.25	0.05	-0.35	0.0	0.03	0.06
Retained Earnings	0.53	0.15	0.74	0.62	0.53	0.04		-0.04	0.55	0.75	-0.04	0.51	0.01	-0.12	0.12	0.33	0.09	-0.02	0.19	0.71	0.72	-0.11	-0.14	-0.05	0.41	0.17
Cash	0.21	-0.07	-0.28	0.21	-0.07	-0.8	-0.04		-0.09	-0.3	1.0	0.5	0.31	0.18	0.58	0.26	0.13	1.0	-0.49	-0.19	-0.22	-0.14	0.36	0.24	0.27	-0.1
Non Current Assets Total	0.95	0.66	0.79	0.93	1.0	0.44	0.55	-0.09		0.81	-0.09	0.49	0.65	0.51	-0.09	0.89	0.69	-0.05	0.66	0.68	0.7	-0.17	-0.3	0.41	0.8	0.2
Non Currrent Assets Other	0.71	0.42	0.93	0.77	0.78	0.37	0.75	-0.3	0.81		-0.3	0.23	0.29	0.04	-0.23	0.62	0.25	-0.28	0.75	0.9	0.78	-0.3	-0.53	0.12	0.65	0.46
Cash And Short Term Investments	0.21	-0.07	-0.28	0.21	-0.07	-0.8	-0.04	1.0	-0.09	-0.3		0.5	0.31	0.18	0.58	0.26	0.13	1.0	-0.49	-0.19	-0.22	-0.14	0.35	0.23	0.27	-0.1
Net Receivables	0.64	0.41	0.27	0.63	0.48	-0.24	0.51	0.5	0.49	0.23	0.5		0.51	0.37	0.64	0.53	0.45	0.55	-0.14	0.3	0.24	0.1	0.5	0.4	0.48	0.0
Common Stock Shares Outstanding	0.74	0.63	0.31	0.69	0.66	0.03	0.01	0.31	0.65	0.29	0.31	0.51		0.64	0.14	0.83	0.6	0.36	0.47	0.34	0.17	0.01	0.05	0.89	0.62	0.22
Non Current Liabilities Total	0.56	0.63	-0.03	0.37	0.56	0.41	-0.12	0.18	0.51	0.04	0.18	0.37	0.64		-0.01	0.5	0.95	0.21	0.2	-0.13	-0.03	-0.02	0.08	0.56	0.38	-0.04
Other Current Assets	0.09	-0.07	-0.05	0.12	-0.09	-0.56	0.12	0.58	-0.09	-0.23	0.58	0.64	0.14	-0.01		0.09	-0.02	0.61	-0.46	-0.08	-0.15	0.21	0.71	0.13	0.01	-0.08
Other Stockholder Equity	0.95	0.61	0.63	0.94	0.89	0.08	0.33	0.26	0.89	0.62	0.26	0.53	0.83	0.5	0.09		0.62	0.29	0.56	0.59	0.53	-0.24	-0.22	0.55	0.89	0.2
Total Liab	0.72	0.65	0.19	0.55	0.73	0.48	0.09	0.13	0.69	0.25	0.13	0.45	0.6	0.95	-0.02	0.62		0.16	0.26	0.03	0.19	-0.06	0.01	0.43	0.51	-0.04
Total Current Assets	0.25	-0.02	-0.25	0.24	-0.04	-0.79	-0.02	1.0	-0.05	-0.28	1.0	0.55	0.36	0.21	0.61	0.29	0.16		-0.47	-0.16	-0.21	-0.12	0.38	0.29	0.29	-0.08
Inventory	0.5	0.55	0.65	0.52	0.64	0.56	0.19	-0.49	0.66	0.75	-0.49	-0.14	0.47	0.2	-0.46	0.56	0.26	-0.47		0.7	0.4	-0.27	-0.61	0.34	0.49	0.58
Other Current Liab	0.62	0.47	0.85	0.74	0.63	0.13	0.71	-0.19	0.68	0.9	-0.19	0.3	0.34	-0.13	-0.08	0.59	0.03	-0.16	0.7		0.62	-0.24	-0.43	0.17	0.58	0.59
Accounts Payable	0.62	0.19	0.87	0.69	0.69	0.25	0.72	-0.22	0.7	0.78	-0.22	0.24	0.17	-0.03	-0.15	0.53	0.19	-0.21	0.4	0.62		-0.19	-0.39	0.04	0.57	-0.05
Short Term Debt	-0.21	-0.15	-0.11	-0.23	-0.17	0.05	-0.11	-0.14	-0.17	-0.3	-0.14	0.1	0.01	-0.02	0.21	-0.24	-0.06	-0.12	-0.27	-0.24	-0.19		0.61	0.12	-0.61	-0.11
Common Stock	-0.18	-0.23	-0.37	-0.21	-0.29	-0.35	-0.14	0.36	-0.3	-0.53	0.35	0.5	0.05	0.08	0.71	-0.22	0.01	0.38	-0.61	-0.43	-0.39	0.61		0.17	-0.34	-0.26
Short Term Investments	0.49	0.44	0.15	0.44	0.42	0.0	-0.05	0.24	0.41	0.12	0.23	0.4	0.89	0.56	0.13	0.55	0.43	0.29	0.34	0.17	0.04	0.12	0.17		0.37	0.1
Current Deferred Revenue	0.86	0.49	0.57	0.87	0.8	0.03	0.41	0.27	0.8	0.65	0.27	0.48	0.62	0.38	0.01	0.89	0.51	0.29	0.49	0.58	0.57	-0.61	-0.34	0.37		0.12
Long Term Debt	0.17	0.43	0.34	0.22	0.15	0.06	0.17	-0.1	0.2	0.46	-0.1	0.0	0.22	-0.04	-0.08	0.2	-0.04	-0.08	0.58	0.59	-0.05	-0.11	-0.26	0.1	0.12

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Royal Gold Account Relationship Matchups

Royal Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5B	2.8B	2.8B	3.5B	3.4B	3.5B
Short Long Term Debt Total	351.0M	214.6M	300.4M	571.6M	251.6M	254.3M
Total Current Liabilities	33.6M	43.6M	61.4M	63.6M	72.4M	76.0M
Total Stockholder Equity	2.1B	2.3B	2.6B	2.7B	2.9B	3.0B
Property Plant And Equipment Net	2.3B	2.3B	2.3B	3.2B	3.1B	3.2B
Net Debt	95.1M	(18.7M)	(143.6M)	453.0M	147.4M	154.8M
Retained Earnings	(65.7M)	61.1M	381.9M	527.3M	666.5M	699.8M
Cash	119.5M	319.1M	143.6M	118.6M	104.2M	139.3M
Non Current Assets Total	2.4B	2.4B	2.5B	3.3B	3.2B	3.4B
Non Currrent Assets Other	50.2M	85.2M	95.6M	111.3M	114.1M	119.8M
Cash And Short Term Investments	119.5M	319.1M	143.6M	118.6M	104.2M	139.6M
Net Receivables	23.4M	30.1M	54.1M	52.5M	51.6M	54.1M
Common Stock Shares Outstanding	65.5M	65.6M	65.6M	65.7M	65.7M	36.6M
Liabilities And Stockholders Equity	2.5B	2.8B	2.8B	3.5B	3.4B	3.5B
Non Current Liabilities Total	340.1M	420.6M	94.4M	717.5M	388.0M	203.3M
Other Current Assets	389K	1.2M	4.9M	2.1M	1.9M	3.3M
Other Stockholder Equity	2.2B	2.2B	2.2B	2.2B	2.2B	2.3B
Total Liab	373.7M	464.2M	155.8M	781.1M	460.4M	483.4M
Total Current Assets	154.7M	362.2M	216.0M	185.8M	167.4M	166.6M
Inventory	11.4M	11.7M	11.6M	12.7M	9.8M	6.3M
Other Current Liab	20.9M	25.3M	48.5M	34.2M	33.0M	34.7M
Accounts Payable	2.9M	2.5M	6.5M	6.7M	11.4M	12.0M
Common Stock	652K	654K	655K	656K	754.4K	716.7K

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When determining whether Royal Gold is a strong investment it is important to analyze Royal Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Royal Gold's future performance. For an informed investment choice regarding Royal Stock, refer to the following important reports:

How To Invest In Royal

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Is Royal Stock a good investment?

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What is Royal Gold's Net Worth?

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Largest Metals & Mining Companies

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Largest Materials Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royal Gold. If investors know Royal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royal Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.142

Dividend Share

0.6

Earnings Share

4.36

Revenue Per Share

9.842

Quarterly Revenue Growth

0.059

The market value of Royal Gold is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Gold's value that differs from its market value or its book value, called intrinsic value, which is Royal Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royal Gold's market value can be influenced by many factors that don't directly affect Royal Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Royal Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Royal Change In Cash vs Net Income Analysis

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

Correlation Coefficient

Change In Cash

Net Income

Royal Gold fundamental ratios Correlations

Royal Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Royal Gold fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.96	Total Assets

Cash And Short Term Investments	- 0.8	Net Debt
Cash	- 0.8	Net Debt
Total Current Assets	- 0.79	Net Debt
Current Deferred Revenue	- 0.61	Short Term Debt
Common Stock	- 0.61	Inventory
Other Current Assets	- 0.56	Net Debt