RYMM (Royal Mines & Minerals) Cash-to-Debt: 0.00 (As of Jul. 2017)

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What is Royal Mines & Minerals Cash-to-Debt?

Royal Mines & Minerals RYMM -99.50% Cash-to-Debt is 0.00 as of Jul. 2017.

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Royal Mines & Minerals's cash to debt ratio for the quarter that ended in Jul. 2017 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Royal Mines & Minerals couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2017.

The historical rank and industry rank for Royal Mines & Minerals's Cash-to-Debt or its related term are showing as below:

RYMM's Cash-to-Debt is not ranked *
in the Metals & Mining industry.
Industry Median: 38.11
* Ranked among companies with meaningful Cash-to-Debt only.

Royal Mines & Minerals  (OTCPK:RYMM) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Royal Mines & Minerals Cash-to-Debt Related Terms

Royal Mines & Minerals Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Royal Mines & Minerals's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Royal Mines & Minerals Cash-to-Debt Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.10 0.02 0.00 0.01

Royal Mines & Minerals Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.02 0.01 0.01 0.00

Royal Mines & Minerals Cash-to-Debt Competitor Comparison

For the Other Precious Metals & Mining subindustry, Royal Mines & Minerals's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Royal Mines & Minerals Cash-to-Debt vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Royal Mines & Minerals's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Royal Mines & Minerals's Cash-to-Debt falls into.


Royal Mines & Minerals Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Royal Mines & Minerals's Cash to Debt Ratio for the fiscal year that ended in Apr. 2017 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0.012087 / (0.43603 + 1.149)
=0.01

Royal Mines & Minerals's Cash to Debt Ratio for the quarter that ended in Jul. 2017 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0.002975 / (0.52203 + 1.149)
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.00 mean?
Royal Mines & Minerals (RYMM) has a Cash-to-Debt of 0.00 as of Jul. 2017.
Is Royal Mines & Minerals' Cash-to-Debt too high?
Royal Mines & Minerals' current Cash-to-Debt is 0.00.
How does Royal Mines & Minerals' Cash-to-Debt compare to competitors?
Royal Mines & Minerals' Cash-to-Debt of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Cash-to-Debt is 38.11. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Metals & Mining company?
The median Cash-to-Debt among Metals & Mining companies is 38.11, based on 2,631 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Cash-to-Debt is 38.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Mines & Minerals's current Cash-to-Debt is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Mines & Minerals stock overvalued right now?
Royal Mines & Minerals (RYMM) has a current Cash-to-Debt of 0.00. The current Cash-to-Debt is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current Cash-to-Debt is 0.00 as of Jul. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Royal Mines & Minerals Business Description

Address 1080 Wigwam Parkway, Henderson, NV, USA, 89072
Royal Mines & Minerals Corp is involved in the business of the development of mining technologies for the extraction of precious metals. Its main objectives are to extract and refine precious metals from coal ash, ores, and other leachable assets, use its proprietary processes to create assets and joint venture, acquire and develop mining projects in North America.