Royal Gold annual debt-to-equity ratio
2011
2012
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2015
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2017
2018
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2020
2021
2021
2022
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2024
2025
Royal Gold Debt-to-Equity Ratio Growth & History (RGLD)
Royal Gold's debt-to-equity ratio was 0.13 for fiscal 2025.
View full Royal Gold company overviewRoyal Gold annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.13 | 0.13 | +8080.99% |
| 2024 | 2024-12-31 | 0.00 | −0.09 | −98.17% |
| 2023 | 2023-12-31 | 0.09 | −0.12 | −58.70% |
| 2022 | 2022-12-31 | 0.21 | 0.21 | +7055.03% |
| 2021 · Dec 31 | 2021-12-31 | 0.00 | — | — |
| 2021 · Jun 30 | 2021-06-30 | 0.00 | −0.13 | −97.60% |
| 2020 | 2020-06-30 | 0.14 | 0.04 | +35.71% |
| 2019 | 2019-06-30 | 0.10 | −0.07 | −39.87% |
| 2018 | 2018-06-30 | 0.17 | −0.09 | −35.18% |
| 2017 | 2017-06-30 | 0.26 | −0.01 | −4.40% |
| 2016 | 2016-06-30 | 0.27 | 0.14 | +102.04% |
| 2015 | 2015-06-30 | 0.13 | 0.00 | +0.71% |
| 2014 | 2014-06-30 | 0.13 | 0.00 | +2.92% |
| 2013 | 2013-06-30 | 0.13 | −0.03 | −19.32% |
| 2012 | 2012-06-30 | 0.16 | 0.00 | +3.01% |
| 2011 | 2011-06-30 | 0.15 | — | — |
Royal Gold quarterly debt-to-equity ratio
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q4.21
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.05 | — | — |
| Q1 2026 | 2026-03-31 | 0.08 | — | — |
| Q4 2025 | 2025-12-31 | 0.13 | 0.13 | +8080.99% |
| Q3 2025 | 2025-09-30 | 0.23 | 0.23 | — |
| Q4 2024 | 2024-12-31 | 0.00 | −0.09 | −98.17% |
| Q3 2024 | 2024-09-30 | 0.00 | −0.11 | — |
| Q2 2024 | 2024-06-30 | 0.02 | −0.12 | −87.98% |
| Q1 2024 | 2024-03-31 | 0.05 | −0.13 | −71.87% |
| Q4 2023 | 2023-12-31 | 0.09 | −0.12 | −58.70% |
| Q3 2023 | 2023-09-30 | 0.11 | −0.05 | −31.71% |
| Q2 2023 | 2023-06-30 | 0.14 | — | — |
| Q1 2023 | 2023-03-31 | 0.18 | — | — |
| Q4 2022 | 2022-12-31 | 0.21 | 0.21 | +7055.03% |
| Q3 2022 | 2022-09-30 | 0.16 | 0.13 | +339.20% |
| Q4 2021 · Dec 31 | 2021-12-31 | 0.00 | −0.08 | −96.55% |
| Q1 2022 · Sep 30 | 2021-09-30 | 0.04 | −0.08 | −68.47% |
| Q4 2021 · Jun 30 | 2021-06-30 | 0.00 | −0.13 | −97.60% |
| Q3 2021 | 2021-03-31 | 0.06 | 0.02 | +33.58% |
| Q2 2021 | 2020-12-31 | 0.09 | 0.02 | +38.83% |
| Q1 2021 | 2020-09-30 | 0.12 | 0.04 | +56.12% |
| Q4 2020 | 2020-06-30 | 0.14 | 0.04 | +35.71% |
| Q3 2020 | 2020-03-31 | 0.05 | −0.12 | −72.07% |
| Q2 2020 | 2019-12-31 | 0.06 | −0.11 | −63.75% |
| Q1 2020 | 2019-09-30 | 0.08 | −0.09 | −54.82% |
| Q4 2019 | 2019-06-30 | 0.10 | −0.07 | −39.87% |
| Q3 2019 | 2019-03-31 | 0.17 | −0.03 | −15.54% |
| Q2 2019 | 2018-12-31 | 0.17 | −0.05 | −22.24% |
| Q1 2019 | 2018-09-30 | 0.17 | −0.07 | −28.49% |
| Q4 2018 | 2018-06-30 | 0.17 | −0.09 | −35.18% |
| Q3 2018 | 2018-03-31 | 0.20 | −0.08 | −27.89% |
| Q2 2018 | 2017-12-31 | 0.22 | −0.08 | −27.09% |
| Q1 2018 | 2017-09-30 | 0.24 | −0.06 | −21.41% |
| Q4 2017 | 2017-06-30 | 0.26 | −0.01 | −4.40% |
| Q3 2017 | 2017-03-31 | 0.28 | −0.00 | −1.14% |
| Q2 2017 | 2016-12-31 | 0.30 | 0.01 | +1.82% |
| Q1 2017 | 2016-09-30 | 0.30 | 0.01 | +2.23% |
| Q4 2016 | 2016-06-30 | 0.27 | 0.14 | +102.04% |
| Q3 2016 | 2016-03-31 | 0.28 | 0.15 | +108.60% |
| Q2 2016 | 2015-12-31 | 0.29 | 0.16 | +117.48% |
| Q1 2016 | 2015-09-30 | 0.29 | 0.16 | +120.59% |
| Q4 2015 | 2015-06-30 | 0.13 | 0.00 | +0.71% |
| Q3 2015 | 2015-03-31 | 0.14 | 0.00 | +2.94% |
| Q2 2015 | 2014-12-31 | 0.14 | 0.00 | +3.54% |
| Q1 2015 | 2014-09-30 | 0.13 | 0.00 | +2.89% |
| Q4 2014 | 2014-06-30 | 0.13 | 0.00 | +2.92% |
| Q3 2014 | 2014-03-31 | 0.13 | 0.00 | +3.63% |
| Q2 2014 | 2013-12-31 | 0.13 | 0.00 | +3.14% |
| Q1 2014 | 2013-09-30 | 0.13 | −0.03 | −18.46% |
| Q4 2013 | 2013-06-30 | 0.13 | −0.03 | −19.32% |
| Q3 2013 | 2013-03-31 | 0.13 | 0.06 | +98.35% |
| Q2 2013 | 2012-12-31 | 0.13 | −0.07 | −34.49% |
| Q1 2013 | 2012-09-30 | 0.16 | 0.03 | +22.01% |
| Q4 2012 | 2012-06-30 | 0.16 | 0.00 | +3.01% |
| Q3 2012 | 2012-03-31 | 0.06 | — | — |
| Q2 2012 | 2011-12-31 | 0.19 | — | — |
| Q1 2012 | 2011-09-30 | 0.13 | — | — |
| Q4 2011 | 2011-06-30 | 0.15 | — | — |
Royal Gold debt-to-equity ratio trends
Between the periods ended 2011-06-30 and 2025-12-31, Royal Gold's debt-to-equity ratio decreased from 0.15 to 0.13, a change of −0.02. The latest reported quarter, Q2 2026, shows 0.05.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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