Osisko Gold Royalties (TSX:OR) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Osisko Gold Royalties Debt-to-Equity?

Osisko Gold Royalties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1.1 Mil. Osisko Gold Royalties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$198.8 Mil. Osisko Gold Royalties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$1,650.5 Mil. Osisko Gold Royalties's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Osisko Gold Royalties's Debt-to-Equity or its related term are showing as below:

TSX:OR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.22 Max: 0.25
Current: 0.12

During the past 11 years, the highest Debt-to-Equity Ratio of Osisko Gold Royalties was 0.25. The lowest was 0.04. And the median was 0.22.

TSX:OR's Debt-to-Equity is ranked better than
50.95% of 1315 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSX:OR: 0.12

Osisko Gold Royalties Debt-to-Equity Historical Data

The historical data trend for Osisko Gold Royalties's Debt-to-Equity 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.

* Premium members only.

Osisko Gold Royalties Debt-to-Equity Chart

Osisko Gold Royalties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.23

0.24

0.25

0.09

0.12

Osisko Gold Royalties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.08	0.19	0.19	0.12

Competitive Comparison of Osisko Gold Royalties's Debt-to-Equity

For the Gold subindustry, Osisko Gold Royalties's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Osisko Gold Royalties's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Osisko Gold Royalties's Debt-to-Equity falls into.

Osisko Gold Royalties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Osisko Gold Royalties's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.122	+	198.758)	/	1650.498
	=	0.12

Osisko Gold Royalties's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.122	+	198.758)	/	1650.498
	=	0.12

Osisko Gold Royalties (TSX:OR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Osisko Gold Royalties Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Osisko Gold Royalties's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Osisko Gold Royalties (TSX:OR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Osisko Gold Royalties Ltd (TSX:OR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OR:USA OM4:Germany

Address

1100, Avenue des Canadiens-de-Montreal, Suite 300, P.O. Box 211, Montreal, QC, CAN, H3B 2S2

Website

https://www.osiskogr.com

Osisko Gold Royalties Ltd is engaged in the business of acquiring and managing precious metal and other high-quality royalties, streams and similar interests. The Company owns a portfolio of royalties, streams, offtakes, options on royalty/stream financings and exclusive rights to participate in future royalty/stream financings on various projects. The company organizes and manages the business under two operating segments: (i) acquiring and managing precious metals and other royalties, streams and other interests, and (ii) the exploration, evaluation and development of mining projects.

Executives

Guy Desharnais

Senior Officer