Royal Gold Inc (RGLD)

Total asset turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Revenue (ttm)	US$ in thousands	719,395	669,501	614,281	584,227	605,717	616,031	608,843	611,242	603,205	614,656	651,254	647,402	643,407	649,762	601,700	595,548	560,831	498,819	494,548	467,889
Total assets	US$ in thousands	3,392,130	3,301,620	3,269,020	3,313,310	3,361,060	3,397,160	3,439,710	3,491,030	3,534,520	3,376,790	2,853,050	2,789,850	2,805,680	2,651,600	2,753,530	2,763,730	2,797,190	2,766,290	2,549,860	2,554,640
Total asset turnover		0.21	0.20	0.19	0.18	0.18	0.18	0.18	0.18	0.17	0.18	0.23	0.23	0.23	0.25	0.22	0.22	0.20	0.18	0.19	0.18

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $719,395K ÷ $3,392,130K
= 0.21

The total asset turnover ratio for Royal Gold Inc has shown fluctuations over the period from December 31, 2019, to December 31, 2024. The ratio ranged from 0.17 to 0.25 during this period.

The ratio started at a low of 0.18 in December 2019 and showed a gradual increase, reaching its peak of 0.25 in June 2021. This indicates that the company generated $0.25 in revenue for every $1 of assets during that period.

However, following the peak in June 2021, the total asset turnover ratio slightly decreased and fluctuated between 0.17 and 0.23 in the subsequent quarters up to December 2024.

Overall, the total asset turnover ratio for Royal Gold Inc has shown some variability but has generally remained within a moderate range, suggesting the company's efficiency in generating revenue from its total assets has been relatively stable over the analyzed period.