RYMM (Royal Mines & Minerals) Debt-to-Asset : 28.53 (As of Jul. 2017)

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

Royal Mines & Minerals RYMM -99.50% Debt-to-Asset is 28.53 as of Jul. 2017.

Royal Mines & Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2017 was $0.52 Mil. Royal Mines & Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2017 was $1.15 Mil. Royal Mines & Minerals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jul. 2017 was $0.06 Mil. Royal Mines & Minerals's debt to asset for the quarter that ended in Jul. 2017 was 28.52.

Royal Mines & Minerals  (OTCPK:RYMM) 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.

Royal Mines & Minerals Debt-to-Asset Related Terms

Royal Mines & Minerals Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Royal Mines & Minerals'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.

Royal Mines & Minerals Debt-to-Asset Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.79 1.46 3.66 20.19

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
Debt-to-Asset 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 4.13 14.79 18.63 20.19 28.53

Royal Mines & Minerals Debt-to-Asset Competitor Comparison

For the Other Precious Metals & Mining subindustry, Royal Mines & Minerals'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.

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

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

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


Royal Mines & Minerals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.43603 + 1.149) / 0.078521
=20.19

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

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.52203 + 1.149) / 0.058582
=28.52

* 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 Debt-to-Asset →
What does a Debt-to-Asset of 28.53 mean?
Royal Mines & Minerals (RYMM) has a Debt-to-Asset of 28.53 as of Jul. 2017. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Royal Mines & Minerals and its competitors.
Is Royal Mines & Minerals' Debt-to-Asset too high?
Royal Mines & Minerals' current Debt-to-Asset is 28.53.
How does Royal Mines & Minerals' Debt-to-Asset compare to competitors?
Royal Mines & Minerals' Debt-to-Asset of 28.53 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 Debt-to-Asset for a Metals & Mining company?
A good Debt-to-Asset depends on the Metals & Mining industry context. However, Debt-to-Asset 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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Royal Mines & Minerals and its competitors. Royal Mines & Minerals's current Debt-to-Asset is 28.53. 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 Debt-to-Asset of 28.53. The current Debt-to-Asset is 28.53. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current Debt-to-Asset is 28.53 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.