RYMM (Royal Mines & Minerals) Debt-to-Equity: -0.58 (As of Jul. 2017)

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

Royal Mines & Minerals RYMM -99.50% Debt-to-Equity is -0.58 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 Total Stockholders Equity for the quarter that ended in Jul. 2017 was $-2.87 Mil. Royal Mines & Minerals's debt to equity for the quarter that ended in Jul. 2017 was -0.58.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

RYMM's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

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

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Royal Mines & Minerals Debt-to-Equity Related Terms

Royal Mines & Minerals Debt-to-Equity Historical Data

* Premium members only.

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

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.96 -1.61 -0.62 -0.62 -0.59

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-Equity 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 -0.64 -0.58 -0.58 -0.59 -0.58

Royal Mines & Minerals Debt-to-Equity Competitor Comparison

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

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

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


Royal Mines & Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.436 + 1.149) / -2.711
=-0.58

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.522 + 1.149) / -2.874
=-0.58

* 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-Equity →
What does a Debt-to-Equity of -0.58 mean?
Royal Mines & Minerals (RYMM) has a Debt-to-Equity of -0.58 as of Jul. 2017. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Royal Mines & Minerals and its competitors.
Is Royal Mines & Minerals' Debt-to-Equity too high?
Royal Mines & Minerals' current Debt-to-Equity is -0.58.
How does Royal Mines & Minerals' Debt-to-Equity compare to competitors?
Royal Mines & Minerals' Debt-to-Equity of -0.58 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-Equity is 0.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,220 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Royal Mines & Minerals and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Mines & Minerals's current Debt-to-Equity is -0.58. 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-Equity of -0.58. The current Debt-to-Equity is -0.58. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current Debt-to-Equity is -0.58 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.