RYMM (Royal Mines & Minerals) EBIT: $-0.85 Mil (TTM As of Jul. 2017)

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What is Royal Mines & Minerals EBIT?

Royal Mines & Minerals RYMM -99.50% EBIT is $-0.85 Mil as of Jul. 2017.

Royal Mines & Minerals's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2017 was $-0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2017 was $-0.85 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Royal Mines & Minerals's annualized ROC % for the quarter that ended in Jul. 2017 was -92.28%. Royal Mines & Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2017 was -982.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Royal Mines & Minerals  (OTCPK:RYMM) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Royal Mines & Minerals's annualized ROC % for the quarter that ended in Jul. 2017 is calculated as:

ROC % (Q: Jul. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2017 ) + Invested Capital (Q: Jul. 2017 ))/ count )
=-0.496 * ( 1 - 0% )/( (0.497 + 0.578)/ 2 )
=-0.496/0.5375
=-92.28 %

where

Note: The Operating Income data used here is four times the quarterly (Jul. 2017) data.

2. Joel Greenblatt's definition of Return on Capital:

Royal Mines & Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2017  Q: Jul. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.496/( ( (0.053 + max(-1.198, 0)) + (0.048 + max(-1.262, 0)) )/ 2 )
=-0.496/( ( 0.053 + 0.048 )/ 2 )
=-0.496/0.0505
=-982.18 %

where Working Capital is:

Working Capital(Q: Apr. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.006) - (1.204 + 0 + 0)
=-1.198

Working Capital(Q: Jul. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (1.262 + 0 + 0)
=-1.262

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2017) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Royal Mines & Minerals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2017 )
=-0.847/0.000
= %

* 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 EBIT Related Terms


Royal Mines & Minerals EBIT Historical Data

* Premium members only.

The historical data trend for Royal Mines & Minerals's EBIT 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 EBIT Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.24 -1.36 -1.86 -0.75 -0.88

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
EBIT 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 -0.16 -0.44 -0.14 -0.15 -0.12

Royal Mines & Minerals EBIT Competitor Comparison

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

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

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



Royal Mines & Minerals EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jul. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.85 Mil.

* 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 EBIT →
What does a EBIT of $-0.85 Mil mean?
Royal Mines & Minerals (RYMM) has a EBIT of $-0.85 Mil as of Jul. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Royal Mines & Minerals.
Is Royal Mines & Minerals' EBIT too high?
Royal Mines & Minerals' current EBIT is $-0.85 Mil.
How does Royal Mines & Minerals' EBIT compare to competitors?
Royal Mines & Minerals' EBIT of $-0.85 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 EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Royal Mines & Minerals. Royal Mines & Minerals's current EBIT is $-0.85 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 EBIT of $-0.85 Mil. The current EBIT is $-0.85 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current EBIT is $-0.85 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.