RMCO (Royalty Management Holding) Debt-to-Asset : 0.04 (As of Sep. 2024)

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What is Royalty Management Holding Debt-to-Asset?

Royalty Management Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.29 Mil. Royalty Management Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.33 Mil. Royalty Management Holding's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $15.40 Mil. Royalty Management Holding's debt to asset for the quarter that ended in Sep. 2024 was 0.04.

Royalty Management Holding Debt-to-Asset Historical Data

The historical data trend for Royalty Management Holding's Debt-to-Asset 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.

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Royalty Management Holding Debt-to-Asset Chart

Royalty Management Holding Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.69

0.27

0.16

Royalty Management Holding Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial					-	0.16	0.19	0.15	0.04

Competitive Comparison of Royalty Management Holding's Debt-to-Asset

For the Asset Management subindustry, Royalty Management Holding's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Royalty Management Holding's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Royalty Management Holding's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Royalty Management Holding's Debt-to-Asset falls into.

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Royalty Management Holding Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Royalty Management Holding's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.047	+	2.291)	/	15.04
	=	0.16

Royalty Management Holding's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.285	+	0.334)	/	15.395
	=	0.04

Royalty Management Holding (NAS:RMCO) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Royalty Management Holding Debt-to-Asset Related Terms

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Royalty Management Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Royalty Management Holding Corp (NAS:RMCO) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

12115 Visionary Way, Unit 174, Fishers, IN, USA, 46038

Website

https://www.royaltymgmtcorp.com

Royalty Management Holding Corp formed to invest or purchase assets that have current or near-term income to provide the company with accretive cash flow from which it can reinvest in new assets or expand cash flow from existing assets. These assets typically are natural resources assets (including real estate and mining permits), patents, intellectual property, and emerging technologies.

Executives

Thomas M. Sauve	director	8856 SOUTH STREET, FISHERS IN 46038
Aqr Arbitrage Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Holdings, Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Mark C. Jensen	director, officer: Chairman and CEO	8856 SOUTH STREET, FISHERS IN 46038
Kirk Patrick Taylor	director, officer: President and CFO	8856 SOUTH STREET, FISHERS IN 46038