Gold Royalty Corp. (GROY) - Net Assets
Based on the latest financial reports, Gold Royalty Corp. (GROY) has net assets worth $560.00 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($740.52 Million) and total liabilities ($180.52 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore GROY total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $560.00 Million |
| % of Total Assets | 75.62% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 64.16 |
Gold Royalty Corp. - Net Assets Trend (2020–2024)
This chart illustrates how Gold Royalty Corp.'s net assets have evolved over time, based on quarterly financial data. Check Gold Royalty Corp. (GROY) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Gold Royalty Corp. (2020–2024)
The table below shows the annual net assets of Gold Royalty Corp. from 2020 to 2024. For live valuation and market cap data, see Gold Royalty Corp. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $558.30 Million | +7.17% |
| 2023-12-31 | $520.95 Million | -2.85% |
| 2022-12-31 | $536.22 Million | +137.98% |
| 2021-12-31 | $225.32 Million | +159983.54% |
| 2020-12-31 | $-140.93K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gold Royalty Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 7308636900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $595.81 Million | 106.72% |
| Other Comprehensive Income | $35.72 Million | 6.40% |
| Total Equity | $558.30 Million | 100.00% |
Gold Royalty Corp. Competitors by Market Cap
The table below lists competitors of Gold Royalty Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen LeoKing Environmental Group Co. Ltd. A
SHE:301305
|
$712.69 Million |
|
Guangdong Vanward New Electric Co Ltd
SHE:002543
|
$712.72 Million |
|
Guangdong Senssun Weighing Apparatus Group Ltd
SHE:002870
|
$712.77 Million |
|
Guilin Layn Natural Ingredients Corp
SHE:002166
|
$712.98 Million |
|
Dilip Buildcon Limited
NSE:DBL
|
$712.46 Million |
|
Advanced Wireless Semiconductor Co
TWO:8086
|
$712.00 Million |
|
Hubei Biocause Heilen Pharmaceutical Co. Ltd.
SHE:301211
|
$711.91 Million |
|
INMODE LTD IS -01
F:154
|
$711.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gold Royalty Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 520,950,000 to 558,303,000, a change of 37,353,000 (7.2%).
- Net loss of 3,411,000 reduced equity.
- Share repurchases of 31,976,000 reduced equity.
- New share issuances of 31,976,000 increased equity.
- Other comprehensive income increased equity by 1,130,000.
- Other factors increased equity by 39,634,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.41 Million | -0.61% |
| Share Repurchases | $31.98 Million | -5.73% |
| Share Issuances | $31.98 Million | +5.73% |
| Other Comprehensive Income | $1.13 Million | +0.2% |
| Other Changes | $39.63 Million | +7.1% |
| Total Change | $- | 7.17% |
Book Value vs Market Value Analysis
This analysis compares Gold Royalty Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.90x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $3.14 | x |
| 2021-12-31 | $6.71 | $3.14 | x |
| 2022-12-31 | $4.18 | $3.14 | x |
| 2023-12-31 | $3.60 | $3.14 | x |
| 2024-12-31 | $3.50 | $3.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gold Royalty Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.76%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.32x
- Recent ROE (-0.61%) is above the historical average (-3.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-126.54K |
| 2021 | -7.74% | -9079.13% | 0.00x | 1.24x | $-39.96 Million |
| 2022 | -3.23% | -439.81% | 0.01x | 1.28x | $-70.97 Million |
| 2023 | -5.14% | -877.82% | 0.00x | 1.33x | $-78.85 Million |
| 2024 | -0.61% | -33.76% | 0.01x | 1.32x | $-59.24 Million |
Industry Comparison
This section compares Gold Royalty Corp.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $400,208,920
- Average return on equity (ROE) among peers: -11.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gold Royalty Corp. (GROY) | $560.00 Million | 0.00% | 0.32x | $712.61 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aura Minerals Inc. Common Shares (AUGO) | $265.74 Million | -29.86% | 5.05x | $4.18 Billion |
| Austin Gold Corp (AUST) | $14.78 Million | -7.23% | 0.01x | $17.66 Million |
| Barrick Mining Corporation (B) | $198.84 Million | 9.62% | 2.20x | $58.46 Billion |
| Blue Gold Limited Class A Ordinary Shares (BGL) | $1.33 Million | 52.84% | 2.03x | $7.65 Million |
| Coeur Mining Inc (CDE) | $1.99 Billion | -1.36% | 0.53x | $14.65 Billion |
| Caledonia Mining Corporation (CMCL) | $14.33 Million | 34.50% | 0.17x | $440.34 Million |
| Collective Mining Ltd. (CNL) | $1.03 Billion | 0.00% | 0.29x | $1.45 Billion |
| Contango ORE Inc (CTGO) | $4.79 Million | -191.84% | 0.04x | $346.52 Million |
| Dakota Gold Corp. (DC) | $59.00 Million | 44.08% | 0.20x | $698.29 Million |
About Gold Royalty Corp.
Gold Royalty Corp., a precious metals-focused royalty company, provides financing solutions to the metals and mining industry. It focuses on acquiring royalties, streams, or similar interests at varying stages of the mine life cycle to build a portfolio offering near, medium, and longer-term returns for its investors. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.