Royal Gold Inc (RGLD) — Working Capital to Net Assets Ratio
Royal Gold Inc (RGLD) has a Working Capital to Net Assets ratio of 4.0% as of March 2026. Working capital of $295.19 Million (current assets of $412.28 Million minus current liabilities of $117.09 Million) is measured against net assets of $7.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Royal Gold Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Royal Gold Inc Working Capital to Net Assets (1985–2025)
This chart shows how Royal Gold Inc's Working Capital to Net Assets ratio has evolved across 39 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 4.0%, reflecting working capital of $295.19 Million against net assets of $7.46 Billion USD. See Royal Gold Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Royal Gold Inc (1985–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Royal Gold Inc from 1985 to 2025, covering 39 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Royal Gold Inc stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 3.6% | $256.53 Million | $7.21 Billion | $377.45 Million | $120.92 Million | ▼ -2.5 pp |
| 2024 | 6.1% | $190.14 Million | $3.13 Billion | $275.29 Million | $85.15 Million | ▲ +2.8 pp |
| 2023 | 3.3% | $95.00 Million | $2.90 Billion | $167.43 Million | $72.42 Million | ▼ -1.2 pp |
| 2022 | 4.4% | $122.25 Million | $2.75 Billion | $185.83 Million | $63.59 Million | ▼ -1.5 pp |
| 2021 | 5.9% | $154.57 Million | $2.60 Billion | $216.00 Million | $61.43 Million | ▼ -3.8 pp |
| 2020 | 9.8% | $245.05 Million | $2.50 Billion | $297.13 Million | $52.08 Million | ▲ +4.2 pp |
| 2019 | 5.6% | $121.07 Million | $2.17 Billion | $154.68 Million | $33.61 Million | ▲ +2.1 pp |
| 2018 | 3.5% | $74.42 Million | $2.14 Billion | $125.81 Million | $51.38 Million | ▼ -1.2 pp |
| 2017 | 4.7% | $109.32 Million | $2.32 Billion | $143.61 Million | $34.28 Million | ▼ -1.5 pp |
| 2016 | 6.2% | $142.09 Million | $2.29 Billion | $167.94 Million | $25.86 Million | ▼ -25.7 pp |
| 2015 | 32.0% | $772.05 Million | $2.42 Billion | $797.02 Million | $24.97 Million | ▲ +1.9 pp |
| 2014 | 30.1% | $713.47 Million | $2.37 Billion | $735.98 Million | $22.50 Million | ▲ +0.1 pp |
| 2013 | 29.9% | $709.41 Million | $2.37 Billion | $744.50 Million | $35.09 Million | ▲ +6.8 pp |
| 2012 | 23.1% | $430.00 Million | $1.86 Billion | $445.21 Million | $15.21 Million | ▲ +13.6 pp |
| 2011 | 9.4% | $140.41 Million | $1.49 Billion | $169.27 Million | $28.86 Million | ▼ -14.0 pp |
| 2010 | 23.4% | $335.49 Million | $1.43 Billion | $371.27 Million | $35.77 Million | ▼ -17.7 pp |
| 2009 | 41.1% | $312.52 Million | $760.41 Million | $318.71 Million | $6.19 Million | ▲ +0.3 pp |
| 2008 | 40.8% | $202.04 Million | $494.63 Million | $210.98 Million | $8.93 Million | ▲ +13.3 pp |
| 2007 | 27.6% | $90.99 Million | $330.20 Million | $95.68 Million | $4.69 Million | ▼ -22.8 pp |
| 2006 | 50.3% | $81.38 Million | $161.66 Million | $84.70 Million | $3.32 Million | ▼ -7.8 pp |
| 2005 | 58.1% | $53.33 Million | $91.74 Million | $56.23 Million | $2.90 Million | ▼ -1.5 pp |
| 2004 | 59.7% | $49.46 Million | $82.90 Million | $51.90 Million | $2.44 Million | ▲ +13.9 pp |
| 2003 | 45.7% | $34.30 Million | $74.99 Million | $36.80 Million | $2.51 Million | ▲ +1.6 pp |
| 2002 | 44.1% | $11.99 Million | $27.17 Million | $14.29 Million | $2.30 Million | ▲ +15.7 pp |
| 2001 | 28.5% | $4.43 Million | $15.56 Million | $6.00 Million | $1.57 Million | ▼ -8.3 pp |
| 2000 | 36.7% | $5.69 Million | $15.50 Million | $7.56 Million | $1.87 Million | ▼ -41.3 pp |
| 1999 | 78.0% | $8.50 Million | $10.90 Million | $9.40 Million | $900.00K | ▲ +21.0 pp |
| 1998 | 57.0% | $11.40 Million | $20.00 Million | $12.20 Million | $800.00K | ▼ -22.1 pp |
| 1997 | 79.1% | $14.00 Million | $17.70 Million | $15.10 Million | $1.10 Million | ▼ -4.5 pp |
| 1996 | 83.6% | $11.20 Million | $13.40 Million | $11.70 Million | $500.00K | ▼ -3.4 pp |
| 1995 | 87.0% | $8.70 Million | $10.00 Million | $8.90 Million | $200.00K | ▲ +30.5 pp |
| 1992 | 56.5% | $1.30 Million | $2.30 Million | $1.50 Million | $200.00K | ▲ +89.9 pp |
| 1991 | -33.3% | $-300.00K | $900.00K | $200.00K | $500.00K | ▼ -20.8 pp |
| 1990 | -12.5% | $-200.00K | $1.60 Million | $400.00K | $600.00K | ▼ -12.5 pp |
| 1989 | 0.0% | $0.00 | $10.30 Million | $700.00K | $700.00K | ▼ -3.5 pp |
| 1988 | 3.5% | $400.00K | $11.50 Million | $1.50 Million | $1.10 Million | ▼ -41.2 pp |
| 1987 | 44.7% | $7.60 Million | $17.00 Million | $8.40 Million | $800.00K | ▲ +24.3 pp |
| 1986 | 20.4% | $3.30 Million | $16.20 Million | $4.30 Million | $1.00 Million | ▲ +5.5 pp |
| 1985 | 14.9% | $1.70 Million | $11.40 Million | $2.70 Million | $1.00 Million | — |