Golden Royal Development

Golden Royal Development ROA

The Return on Assets (ROA) of Golden Royal Development (GRDV) as of Oct 18, 2026 is -11,572.53 %. In the previous year, Return on Assets (ROA) was -31,741.05 % — a change of -63.54% (higher).

ROA

-11,572.53 %

YoY

-63.54%

Last updated:

In 2024, Golden Royal Development's return on assets (ROA) was -11,572.53 %, a -63.54% increase from the -31,741.05 % ROA in the previous year.

The Golden Royal Development ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2020
-162,144.00 USD
Jan 1, 2021
-28,658.76 USD
Jan 1, 2023
-31,741.05 USD
Jan 1, 2024
-11,572.53 USD
The Golden Royal Development ROA history
YEARROAYoY
-11,572.53 %-63.54%
-31,741.05 %+10.76%
-28,658.76 %-82.33%
-162,144.00 %—

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Golden Royal Development Stock analysis

What does Golden Royal Development do? Golden Royal Development Inc, trading under the ticker GRDV with ISIN US38116V1026, is a U.S.-based company headquartered in Brooklyn, New York. The company went public via an IPO on January 24, 2023. Golden Royal Development is engaged in mineral exploration activities, focusing on identifying oil, gas, and mining properties. It operates by purchasing and selling mineral leases and other interests in mineral rights. The company holds oil and gas properties in Fremont County, Laramie County, and Converse County, Wyoming. Additionally, it has precious metal rights in a parcel of land within Crooks County, Wyoming. Golden Royal Development has also invested in mineral rights across four other parcels in Wyoming, including two in Crooks County, one in Laramie County, and one in Converse County. As of the latest available information, the company has not generated revenues from its oil, gas, and mining operations. It currently employs zero full-time staff. The company's activities are centered around the acquisition and management of mineral rights, with a focus on Wyoming-based properties. Golden Royal Development Inc is listed on a U.S. stock exchange, though specific exchange details are not provided. The company's primary business model involves the exploration and leasing of mineral resources, with no reported revenue streams from these activities to date. Golden Royal Development is one of the most popular companies on Eulerpool.

ROA Details

Understanding Golden Royal Development's Return on Assets (ROA)

Golden Royal Development's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Golden Royal Development's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Golden Royal Development's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Golden Royal Development’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Golden Royal Development stock

Return on Assets (ROA) of Golden Royal Development is -11,572.53 % in 2024.

Return on Assets (ROA) of Golden Royal Development changed from -31,741.05 % to -11,572.53 %, representing a -63.54% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Golden Royal Development since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Golden Royal Development with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Golden Royal Development

All Key Metrics — Golden Royal Development