The company maintains a robust financial position with $124.5 million in cash as of 2026Q3 and a debt-to-equity ratio consistently held at 0.00, providing significant strategic optionality.
| Total Current Assets | 324.81M | 238.16M | 231.75M | 138.83M | 134.03M | 50.61M | 43.4M | 30.9M | 2.06M |
| Cash & Short-Term Investments | 139.1M | 20.19M | 30.35M | 52.76M | 56.87M | 37.26M | 42.29M | 30.74M | 2.05M |
| Cash Only | 124.48M | 13.04M | 21.21M | 14.42M | 5.08M | 7.21M | 11.84M | 2.23M | 2.05M |
| Short-Term Investments | 14.63M | 7.15M | 9.14M | 38.34M | 51.79M | 30.05M | 30.46M | 28.51M | 0 |
| Accounts Receivable | 8.01K | 42K | 13.82M | 511K | 2.13M | 280K | 351.4K | 163.87K | 0 |
| Days Sales Outstanding | 0.2 | 0.98 | 118.1 | 13.46 | - | - | - | - | - |
| Inventory | 185.19M | 0 | 187.09M | 85.56M | 75.03M | 12.4M | 0 | 0 | 0 |
| Days Inventory Outstanding | 761.54 | - | 2.3K | 2.41K | 1000K | - | - | - | - |
| Other Current Assets | 512.81K | 426K | 490K | 511K | 2.13M | 389K | 400.85K | -163.87K | 3.15K |
| Total Non-Current Assets | 58.21M | 57.91M | 46.95M | 46.96M | 44.14M | 25.58M | 27.26M | 13.71M | 125K |
| Property, Plant & Equipment | 148.23K | 189K | 181K | 96K | 120K | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | 3.68x | 82.51x | 235.94x | 144.31x | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 58.07M | 57.72M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 27.26M | 13.04M | 0 |
| Other Non-Current Assets | 0 | 0 | 46.77M | 46.86M | 44.02M | 25.58M | 0 | 669.4K | 0 |
| Total Assets | 383.03M | 296.07M | 278.7M | 185.79M | 178.17M | 76.18M | 70.65M | 44.61M | 2.18M |
| Asset Turnover | 0.17x | 0.05x | 0.15x | 0.07x | - | - | - | - | - |
| Asset Growth % | 52.78% | 6.23% | 50.01% | 4.27% | 133.88% | 7.83% | 58.38% | 1944.88% | - |
| Total Current Liabilities | 998.57K | 1.02M | 2.76M | 10.34M | 486K | 507K | 399.56K | 14.96M | 103.56K |
| Accounts Payable | 939.48K | 968K | 1.2M | 549K | 0 | 506.94K | 399.56K | 543.54K | 0 |
| Days Payables Outstanding | 7.57 | 25.17 | 14.74 | 15.46 | - | - | - | - | - |
| Short-Term Debt | 59.09K | 52K | 0 | 9.75M | 0 | 0 | 0 | 13.74M | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | -52K | 1.52M | 19K | 469K | 56 | 0 | 0 | 103.56K |
| Current Ratio | 325.28x | 233.49x | 84.03x | 13.43x | 275.78x | 99.81x | 108.61x | 2.07x | 19.86x |
| Quick Ratio | 139.82x | 233.49x | 16.19x | 5.15x | 121.40x | 75.36x | 108.61x | 2.07x | 19.86x |
| Cash Conversion Cycle | 754.16 | - | 2.4K | 2.41K | - | - | - | - | - |
| Total Non-Current Liabilities | 403.63K | 157K | 156K | 83K | 13.05M | 40K | 40K | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 12.95M | 40K | 40K | 0 | 0 |
| Capital Lease Obligations | 530.17K | 157K | 156K | 83K | 103K | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 294.46K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.4M | 1.18M | 2.91M | 10.42M | 13.54M | 547K | 439.56K | 14.96M | 103.56K |
| Total Debt | 168.26K | 209K | 193K | 9.83M | 13.03M | 40K | 40K | 13.74M | 0 |
| Net Debt | -124.31M | -12.84M | -21.02M | -4.59M | 7.95M | -7.17M | -11.8M | 11.51M | -2.05M |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.06x | 0.08x | 0.00x | 0.00x | 0.46x | - |
| Debt / EBITDA | 0.08x | - | 0.03x | - | - | - | - | - | - |
| Net Debt / EBITDA | -62.72x | - | -2.96x | - | - | - | - | - | - |
| Interest Coverage | 317.17x | -11.02x | 786.33x | -2.31x | -7.61x | - | - | -0.36x | - |
| Total Equity | 381.63M | 294.89M | 275.79M | 175.37M | 164.64M | 75.64M | 70.21M | 29.66M | 2.08M |
| Equity Growth % | 61.34% | 6.93% | 57.26% | 6.52% | 117.67% | 7.72% | 136.76% | 1327.1% | - |
| Book Value per Share | 2.69 | 2.33 | 2.39 | 1.79 | 1.87 | 1.05 | 1.29 | 0.71 | 0.05 |
| Total Shareholders' Equity | 381.63M | 294.89M | 275.79M | 175.37M | 164.64M | 75.64M | 70.21M | 29.66M | 2.08M |
| Common Stock | 348.5M | 273.95M | 244.4M | 167.28M | 152.44M | 72.98M | 66.85M | 30.05M | 2.4M |
| Retained Earnings | 22.8M | 17.23M | 22.52M | -11.86M | -12.14M | -7.89M | -6.84M | -4.14M | -322.06K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 10.32M | 3.71M | 8.87M | 19.95M | 24.34M | 10.54M | 3.13M | 1.72M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Asset Concentration and Volatility
According to recent financial filings, UROY has significantly expanded its total asset base from $241.3 million in 2024Q3 to $383.0 million by 2026Q3, a trend that suggests a deliberate strategy of scaling the royalty portfolio despite the inherent volatility of the underlying uranium commodity market.
The growth in total assets appears to be driven by aggressive acquisition activity, which has successfully increased the company's footprint in Tier-1 uranium jurisdictions. Investors should monitor whether this expansion translates into consistent royalty income, as the current trajectory remains heavily dependent on the successful operational ramp-up of third-party mine operators.
As reported in financial statements, UROY maintains a pristine balance sheet with a debt-to-equity ratio consistently at 0.00 for most of the trailing ten quarters, indicating that the company has avoided debt-funded growth in favor of equity-based financing to manage its capital requirements.
This lack of leverage provides a significant buffer against commodity price downturns, allowing the company to maintain its royalty interests without the pressure of debt service obligations. While this approach avoids interest rate risk, it warrants further investigation into whether future growth will continue to rely on shareholder dilution.
Based on reported figures, UROY's cash reserves surged to $124.5 million in 2026Q3 from a low of $2.7 million in 2024Q3, reflecting a substantial improvement in liquidity that provides a robust buffer against potential operational delays or future acquisition opportunities in the uranium sector.
The current ratio of 325.28 in 2026Q3 suggests an exceptionally high level of short-term liquidity, which appears to be a result of recent capital raises rather than organic cash flow generation. This liquidity profile indicates that the company is well-positioned to weather short-term market volatility while awaiting the maturation of its development-stage royalty assets.
As indicated by the company's balance sheet data, goodwill has fluctuated significantly, rising from $0 in 2024Q4 to $58.1 million in 2026Q3, a trend that suggests the company's asset valuation is sensitive to the accounting treatment of its recent royalty acquisitions and potential impairment risks.
The emergence of substantial goodwill on the balance sheet warrants further investigation, as it may indicate that the company is paying premiums for royalty interests that are not yet fully cash-generative. Investors should monitor these intangible assets closely, as any future downward revision in the valuation of these royalties could lead to significant non-cash impairment charges.
Quick answers to the most common questions about buying UROY stock.
As of 2025, Uranium Royalty Corp. (UROY) had total assets of $296.1M including $238.2M in current assets.
Uranium Royalty Corp. (UROY) carries total debt of $0.2M, offset by $20.2M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Uranium Royalty Corp. (UROY) has total shareholders' equity (book value) of $294.9M ($2.33 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Uranium Royalty Corp. (UROY) reported a current ratio of 233.49x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.