RYMM (Royal Mines & Minerals) Current Accrued Expense: $0.12 Mil (As of Jul. 2017)

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What is Royal Mines & Minerals Current Accrued Expense?

Royal Mines & Minerals RYMM -99.50% Current Accrued Expense is $0.12 Mil as of Jul. 2017.

Royal Mines & Minerals's Current Accrued Expense for the quarter that ended in Jul. 2017 was $0.12 Mil.

Royal Mines & Minerals's quarterly Current Accrued Expense increased from Jan. 2017 ($0.11 Mil) to Apr. 2017 ($0.43 Mil) but then declined from Apr. 2017 ($0.43 Mil) to Jul. 2017 ($0.12 Mil).

Royal Mines & Minerals's annual Current Accrued Expense increased from Apr. 2015 ($0.21 Mil) to Apr. 2016 ($0.30 Mil) and increased from Apr. 2016 ($0.30 Mil) to Apr. 2017 ($0.43 Mil).

Royal Mines & Minerals Current Accrued Expense Related Terms

Royal Mines & Minerals Current Accrued Expense Historical Data

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The historical data trend for Royal Mines & Minerals's Current Accrued Expense 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.

Royal Mines & Minerals Current Accrued Expense Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.05 0.21 0.30 0.43

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
Current Accrued Expense 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 0.10 0.10 0.11 0.43 0.12

Royal Mines & Minerals Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $0.12 Mil mean?
Royal Mines & Minerals (RYMM) has a Current Accrued Expense of $0.12 Mil as of Jul. 2017. Current Accrued Expense records the total amount of accrued expenses. View historical data on Royal Mines & Minerals and its competitors.
Is Royal Mines & Minerals' Current Accrued Expense too high?
Royal Mines & Minerals' current Current Accrued Expense is $0.12 Mil.
How does Royal Mines & Minerals' Current Accrued Expense compare to competitors?
Royal Mines & Minerals' Current Accrued Expense of $0.12 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Metals & Mining company?
A good Current Accrued Expense depends on the Metals & Mining industry context. However, Current Accrued Expense 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 Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Royal Mines & Minerals and its competitors. Royal Mines & Minerals's current Current Accrued Expense is $0.12 Mil. 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 Current Accrued Expense of $0.12 Mil. The current Current Accrued Expense is $0.12 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current Current Accrued Expense is $0.12 Mil 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.