Gold Royalty (Gold Royalty) Debt-to-Asset : 0.05 (As of Mar. 2024)

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What is Gold Royalty Debt-to-Asset?

Gold Royalty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Gold Royalty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $33.26 Mil. Gold Royalty's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $691.10 Mil. Gold Royalty's debt to asset for the quarter that ended in Mar. 2024 was 0.05.

Gold Royalty Debt-to-Asset Historical Data

The historical data trend for Gold Royalty's Debt-to-Asset 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.

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Gold Royalty Debt-to-Asset Chart

Gold Royalty Annual Data

Trend

Sep20

Sep21

Sep22

Dec23

Debt-to-Asset

0.01

0.05

Gold Royalty Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial										0.02	0.02	0.03	0.05	0.05

Competitive Comparison of Gold Royalty's Debt-to-Asset

For the Gold subindustry, Gold Royalty's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Gold Royalty's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gold Royalty's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Gold Royalty's Debt-to-Asset falls into.

Gold Royalty Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Gold Royalty's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	33.058)	/	690.994
	=	0.05

Gold Royalty's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	33.263)	/	691.1
	=	0.05

Gold Royalty (AMEX:GROY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Gold Royalty Debt-to-Asset Related Terms

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Gold Royalty (Gold Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Royalty Corp (AMEX:GROY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

6LS0:Germany

Address

1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.goldroyalty.com

Gold Royalty Corp is a precious metals-focused royalty and streaming company. It offers creative financing solutions to the metals and mining industry. The company's mission is to acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for investors. It has its business as a single operating segment, being the investment in royalty and mineral stream interests.