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OR · NYSE · United States · Gold And Silver Ores
In shortOR Royalties Inc. is loss-making, generates cash and carries moderate debt, with revenue growing (+13.5% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 35.4% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -19.5% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -2.9% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 3.8% | 25/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 4.11× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.12× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.26× | 78/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 4.63× | 30/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 5.09 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 75.6% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 23.5% | 24/100 |
| Operating margin volatility | 41.4% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 5.0% | 44/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2023 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
3 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
CAD millions; negative values in parentheses.
| Fiscal year | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|
| Revenue | 393 | 214 | 225 | 218 | 247 |
| Cost of revenue | 263 | 64 | 38 | 16 | 17 |
| Gross profit | 83 | 104 | 139 | 150 | 174 |
| Selling, general & admin | 24 | 26 | 20 | 20 | 33 |
| Operating income | (183) | 42 | 112 | 123 | 88 |
| Interest expense | 24 | 26 | 24 | 22 | 19 |
| Pre-tax income | (275) | 27 | 103 | 113 | (35) |
| Income tax | (40) | 11 | 26 | 28 | 13 |
| Net income | (234) | 17 | (24) | (119) | (48) |
| Diluted EPS | −C$1.55 | C$0.10 | −C$0.14 | −C$0.66 | −C$0.26 |
| Diluted shares (millions) | 151 | 162 | 168 | 181 | 185 |
3 older years available with the 10-year history. Essential plan, from €8.25/month →
5.09 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 28, 2025