Current Ratio
Higher than 67% of Basic Materials sector peers
Updated 343h ago
Sector Performance
67th percentileRGLD
3.52x
Sector Median
2.84x
Sector Avg
5.57x
Deep Analysis
The current ratio measures a company’s ability to pay short-term debts with its short-term assets; a ratio above 1.0x generally indicates enough liquidity, and RGLD’s current ratio of 3.52x means it holds more than three times the assets needed to cover liabilities due within a year.
This value sits above the Basic Materials sector median of 2.84x, placing RGLD in the 67th percentile among its sector peers, meaning it offers stronger liquidity than about two-thirds of comparable companies. Trend data is not available — the year-over-year change is listed as N/A, the quarter-over-quarter change is N/A, and there is no recorded trend direction over the last eight quarters. With a high current ratio but no historical movement to assess direction, the immediate risk of liquidity shortfall appears low, yet the absence of trend makes it impossible to judge whether this liquidity buffer is improving or weakening. This metric supports the overall NEUTRAL verdict because the level indicates solid financial stability without reaching an extreme that would signal inefficiency or warrant a bullish view, while the lack of trend provides no additional reason to upgrade or downgrade the stock.
Frequently Asked Questions
What does the Current Ratio tell investors about RGLD?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does RGLD's Current Ratio compare to its sector?
RGLD's Current Ratio of 3.52x compares to a Basic Materials sector median of 2.84x, placing it in the 67th percentile.
Who are RGLD's closest peers by Current Ratio?
The closest Basic Materials peers by Current Ratio include: KGC (2.84x), PAAS (2.84x), AG (2.73x), AEM (3.15x), ALB (2.07x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
Master RGLD's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full RGLD research report →RGLD
3.52x
Sector Median
2.84x
Sector Avg
5.57x
How RGLD's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.