RYMM (Royal Mines & Minerals) Net Cash per Share: $-0.01 (As of Jul. 2017)

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What is Royal Mines & Minerals Net Cash per Share?

Royal Mines & Minerals RYMM -99.50% Net Cash per Share is $-0.01 as of Jul. 2017.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Royal Mines & Minerals's Net Cash per Share for the quarter that ended in Jul. 2017 was $-0.01.

The historical rank and industry rank for Royal Mines & Minerals's Net Cash per Share or its related term are showing as below:

RYMM's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7.4
* Ranked among companies with meaningful Price-to-Net-Cash only.

Royal Mines & Minerals  (OTCPK:RYMM) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Royal Mines & Minerals Net Cash per Share Related Terms


Royal Mines & Minerals Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Royal Mines & Minerals's Net Cash per Share 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 Net Cash per Share Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.01 -0.01

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
Net Cash per Share 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 -0.01 -0.01 -0.01 -0.01 -0.01

Royal Mines & Minerals Net Cash per Share Competitor Comparison

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

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

* The bar in red indicates where Royal Mines & Minerals's Price-to-Net-Cash falls into.



Royal Mines & Minerals Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Royal Mines & Minerals's Net Cash per Share for the fiscal year that ended in Apr. 2017 is calculated as

Net Cash per Share (A: Apr. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.012-2.789-0)/245.199
=-0.01

Royal Mines & Minerals's Net Cash per Share for the quarter that ended in Jul. 2017 is calculated as

Net Cash per Share (Q: Jul. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.003-2.933-0)/245.199
=-0.01

* 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 Net Cash per Share →
What does a Net Cash per Share of $-0.01 mean?
Royal Mines & Minerals (RYMM) has a Net Cash per Share of $-0.01 as of Jul. 2017. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Royal Mines & Minerals and its competitors.
Is Royal Mines & Minerals' Net Cash per Share too high?
Royal Mines & Minerals' current Net Cash per Share is $-0.01.
How does Royal Mines & Minerals' Net Cash per Share compare to competitors?
Royal Mines & Minerals' Net Cash per Share of $-0.01 can be compared against companies in the Metals & Mining industry. The industry median Net Cash per Share is 7.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.40, based on 1,099 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Royal Mines & Minerals and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Mines & Minerals's current Net Cash per Share is $-0.01. 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 Net Cash per Share of $-0.01. The current Net Cash per Share is $-0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current Net Cash per Share is $-0.01 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.