RYMM (Royal Mines & Minerals) Debt-to-EBITDA : -3.51 (As of Jul. 2017)

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

Royal Mines & Minerals RYMM -99.50% Debt-to-EBITDA is -3.51 as of Jul. 2017.

Debt-to-EBITDA measures a company's ability to pay off its debt.

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 annualized EBITDA for the quarter that ended in Jul. 2017 was $-0.48 Mil. Royal Mines & Minerals's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2017 was -3.51.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

RYMM's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.2
* Ranked among companies with meaningful Debt-to-EBITDA only.

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

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Royal Mines & Minerals Debt-to-EBITDA Related Terms

Royal Mines & Minerals Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Royal Mines & Minerals's Debt-to-EBITDA 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-EBITDA Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -0.52 -0.38 -1.73 -1.90

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-EBITDA 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 -2.41 -0.82 -2.77 -2.73 -3.51

Royal Mines & Minerals Debt-to-EBITDA Competitor Comparison

For the Other Precious Metals & Mining subindustry, Royal Mines & Minerals's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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-EBITDA vs Metals & Mining Industry

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

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


Royal Mines & Minerals Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.436 + 1.149) / -0.834
=-1.90

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.522 + 1.149) / -0.476
=-3.51

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jul. 2017) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -3.51 mean?
Royal Mines & Minerals (RYMM) has a Debt-to-EBITDA of -3.51 as of Jul. 2017. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Royal Mines & Minerals.
Is Royal Mines & Minerals' Debt-to-EBITDA too high?
Royal Mines & Minerals' current Debt-to-EBITDA is -3.51.
How does Royal Mines & Minerals' Debt-to-EBITDA compare to competitors?
Royal Mines & Minerals' Debt-to-EBITDA of -3.51 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-EBITDA is 1.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.20, based on 597 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Royal Mines & Minerals. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Mines & Minerals's current Debt-to-EBITDA is -3.51. 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-EBITDA of -3.51. The current Debt-to-EBITDA is -3.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current Debt-to-EBITDA is -3.51 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.