Royal Gold Inc (RGLD)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 332,024 | 287,395 | 240,490 | 222,731 | 239,440 | 233,034 | 229,489 | 237,180 | 238,980 | 252,783 | 288,668 | 271,554 | 265,768 | 302,531 | 269,869 | 254,397 | 235,829 | 199,343 | 176,787 | 167,005 |
| 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 |
| ROA | 9.79% | 8.70% | 7.36% | 6.72% | 7.12% | 6.86% | 6.67% | 6.79% | 6.76% | 7.49% | 10.12% | 9.73% | 9.47% | 11.41% | 9.80% | 9.20% | 8.43% | 7.21% | 6.93% | 6.54% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $332,024K ÷ $3,392,130K
= 9.79%
Royal Gold Inc's return on assets (ROA) has exhibited fluctuations over the period from December 31, 2019, to December 31, 2024. The company's ROA started at 6.54% in December 2019, gradually increased to 11.41% by June 30, 2021, but then experienced a decrease to 6.67% by June 30, 2023.
However, the ROA improved again to 9.79% by the end of December 31, 2024. This indicates that Royal Gold Inc has been able to generate a higher return on its assets, with some variability in performance over the period under review.
Overall, the trend in the return on assets suggests that Royal Gold Inc has shown the ability to efficiently utilize its assets to generate profits, although it is essential to continue monitoring the company's performance to ensure sustained profitability and efficient asset management.