Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
ASSETS
Cash and equivalents	$ 240,760	$ 195,498
Royalty receivables	57,729	63,460
Income tax receivable	1,370	1,139
Stream inventory	14,556	12,973
Prepaid expenses and other	2,084	2,217
Total current assets	316,499	275,287
Stream and royalty interests, net (Note 3)	3,059,885	3,042,804
Other assets	81,934	74,039
Total assets	3,458,318	3,392,130
LIABILITIES
Accounts payable	2,464	10,578
Dividends payable	29,634	29,611
Income tax payable	15,345	23,177
Other current liabilities	19,329	21,785
Total current liabilities	66,772	85,151
Deferred tax liabilities	131,879	132,308
Mount Milligan deferred liability (Note 4)	25,000	25,000
Other liabilities	19,521	18,465
Total liabilities	243,172	260,924
Commitments and contingencies (Note 10)
EQUITY
Preferred stock, $.01 par value, 10,000,000 shares authorized; and 0 shares issued	0	0
Common stock, $.01 par value, 200,000,000 shares authorized; and 65,735,304 and 65,691,151 shares outstanding, respectively	657	657
Additional paid-in capital	2,228,497	2,228,311
Accumulated earnings	973,853	889,989
Total Royal Gold stockholders’ equity	3,203,007	3,118,957
Non-controlling interests	12,139	12,249
Total equity	3,215,146	3,131,206
Total liabilities and equity	$ 3,458,318	$ 3,392,130