Golden Royal Development

Golden Royal Development ROE

The Return on Equity (ROE) of Golden Royal Development (GRDV) as of Oct 18, 2026 is 10.91 %. In the previous year, Return on Equity (ROE) was 23.38 % — a change of -53.33% (lower).

ROE

10.91 %

YoY

-53.33%

Last updated:

In 2024, Golden Royal Development's return on equity (ROE) was 10.91 %, a -53.33% increase from the 23.38 % ROE in the previous year.

The Golden Royal Development ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2020
38.05 USD
Jan 1, 2021
20.70 USD
Jan 1, 2022
32.04 USD
Jan 1, 2023
23.38 USD
Jan 1, 2024
10.91 USD
The Golden Royal Development ROE history
YEARROEYoY
10.91 %-53.33%
23.38 %-27.05%
32.04 %+54.84%
20.70 %-45.61%
38.05 %—

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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.

ROE Details

Decoding Golden Royal Development's Return on Equity (ROE)

Golden Royal Development's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Golden Royal Development's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Golden Royal Development's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Golden Royal Development’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Golden Royal Development stock

Return on Equity (ROE) of Golden Royal Development is 10.91 % in 2024.

Return on Equity (ROE) of Golden Royal Development changed from 23.38 % to 10.91 %, representing a -53.33% change. The value is lower than the previous year.

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

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

To evaluate Return on Equity (ROE)'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 Equity (ROE).

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Profitability — Golden Royal Development

All Key Metrics — Golden Royal Development