RYMM (Royal Mines & Minerals) Long-Term Debt: $1.15 Mil (As of Jul. 2017)

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What is Royal Mines & Minerals Long-Term Debt?

Royal Mines & Minerals RYMM -99.50% Long-Term Debt is $1.15 Mil as of Jul. 2017.

Royal Mines & Minerals's Long-Term Debt for the quarter that ended in Jul. 2017 was $1.15 Mil.

Royal Mines & Minerals's quarterly Long-Term Debt increased from Jan. 2017 ($0.00 Mil) to Apr. 2017 ($1.15 Mil) but then stayed the same from Apr. 2017 ($1.15 Mil) to Jul. 2017 ($1.15 Mil).

Royal Mines & Minerals's annual Long-Term Debt stayed the same from Apr. 2015 ($0.00 Mil) to Apr. 2016 ($0.00 Mil) but then increased from Apr. 2016 ($0.00 Mil) to Apr. 2017 ($1.15 Mil).

Royal Mines & Minerals  (OTCPK:RYMM) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Royal Mines & Minerals Long-Term Debt Related Terms

Royal Mines & Minerals Long-Term Debt Historical Data

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The historical data trend for Royal Mines & Minerals's Long-Term Debt 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 Long-Term Debt Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.00 0.00 0.00 1.15

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
Long-Term Debt 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 0.00 0.00 0.00 1.15 1.15
Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $1.15 Mil mean?
Royal Mines & Minerals (RYMM) has a Long-Term Debt of $1.15 Mil as of Jul. 2017.
Is Royal Mines & Minerals' Long-Term Debt too high?
Royal Mines & Minerals' current Long-Term Debt is $1.15 Mil.
How does Royal Mines & Minerals' Long-Term Debt compare to competitors?
Royal Mines & Minerals' Long-Term Debt of $1.15 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 Long-Term Debt for a Metals & Mining company?
A good Long-Term Debt depends on the Metals & Mining industry context. However, Long-Term Debt 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 Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Royal Mines & Minerals's current Long-Term Debt is $1.15 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 Long-Term Debt of $1.15 Mil. The current Long-Term Debt is $1.15 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current Long-Term Debt is $1.15 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.