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.
Gold Royalty Corp. (GROY) - Total Assets
Latest total assets as of September 2025: $740.52 Million USD
Based on the latest financial reports, Gold Royalty Corp. (GROY) holds total assets worth $740.52 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Gold Royalty Corp. - Total Assets Trend (2020–2024)
This chart illustrates how Gold Royalty Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gold Royalty Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Gold Royalty Corp.'s total assets of $740.52 Million consist of 0.8% current assets and 99.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $3.39 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Gold Royalty Corp.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gold Royalty Corp.'s current assets represent 0.8% of total assets in 2024, a decrease from 97.1% in 2020.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, down from 67.7% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Gold Royalty Corp. Competitors by Total Assets
Key competitors of Gold Royalty Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
Gold Royalty Corp. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Gold Royalty Corp. generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Gold Royalty Corp. is currently not profitable relative to its asset base.
Gold Royalty Corp. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.02 | 1.63 | 13.90 |
| Quick Ratio | 2.02 | 1.63 | 13.90 |
| Cash Ratio | 0.92 | 0.69 | 0.00 |
| Working Capital | $5.02 Million | $ 2.31 Million | $ 2.36 Million |
Gold Royalty Corp. - Advanced Valuation Insights
This section examines the relationship between Gold Royalty Corp.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.82 |
| Latest Market Cap to Assets Ratio | 0.69 |
| Asset Growth Rate (YoY) | 6.7% |
| Total Assets | $737.51 Million |
| Market Capitalization | $508.32 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gold Royalty Corp.'s assets below their book value (0.69 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Gold Royalty Corp.'s assets grew by 6.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Gold Royalty Corp. (2020–2024)
The table below shows the annual total assets of Gold Royalty Corp. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $737.51 Million | +6.73% |
| 2023-12-31 | $690.99 Million | +0.35% |
| 2022-12-31 | $688.61 Million | +146.37% |
| 2021-12-31 | $279.50 Million | +503901.08% |
| 2020-12-31 | $55.46K | -- |