RYMM (Royal Mines & Minerals) Liabilities-to-Assets : 49.71 (As of Jul. 2017)

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What is Royal Mines & Minerals Liabilities-to-Assets?

Royal Mines & Minerals RYMM -99.50% Liabilities-to-Assets is 49.71 as of Jul. 2017.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Royal Mines & Minerals's Total Liabilities for the quarter that ended in Jul. 2017 was $2.93 Mil. Royal Mines & Minerals's Total Assets for the quarter that ended in Jul. 2017 was $0.06 Mil. Therefore, Royal Mines & Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2017 was 49.71.


Royal Mines & Minerals  (OTCPK:RYMM) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Royal Mines & Minerals Liabilities-to-Assets Related Terms


Royal Mines & Minerals Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Royal Mines & Minerals's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.49 3.35 6.88 35.30

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
Liabilities-to-Assets 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 7.46 26.55 32.88 35.30 49.71

Royal Mines & Minerals Liabilities-to-Assets Competitor Comparison

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

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

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



Royal Mines & Minerals Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Royal Mines & Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Apr. 2017 is calculated as:

Liabilities-to-Assets (A: Apr. 2017 )=Total Liabilities/Total Assets
=2.789/0.079
=35.30

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

Liabilities-to-Assets (Q: Jul. 2017 )=Total Liabilities/Total Assets
=2.933/0.059
=49.71

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 49.71 mean?
Royal Mines & Minerals (RYMM) has a Liabilities-to-Assets of 49.71 as of Jul. 2017. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Royal Mines & Minerals and its competitors.
Is Royal Mines & Minerals' Liabilities-to-Assets too high?
Royal Mines & Minerals' current Liabilities-to-Assets is 49.71.
How does Royal Mines & Minerals' Liabilities-to-Assets compare to competitors?
Royal Mines & Minerals' Liabilities-to-Assets of 49.71 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 Liabilities-to-Assets for a Metals & Mining company?
A good Liabilities-to-Assets depends on the Metals & Mining industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Royal Mines & Minerals and its competitors. Royal Mines & Minerals's current Liabilities-to-Assets is 49.71. 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 Liabilities-to-Assets of 49.71. The current Liabilities-to-Assets is 49.71. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current Liabilities-to-Assets is 49.71 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.