African Rainbow Minerals (African Rainbow Minerals) Research & Development : $0.0 Mil (TTM As of Dec. 2023)

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What is African Rainbow Minerals Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. African Rainbow Minerals's Research & Development for the six months ended in Dec. 2023 was $0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0.0 Mil.

African Rainbow Minerals Research & Development Historical Data

The historical data trend for African Rainbow Minerals's Research & Development 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.

* Premium members only.

African Rainbow Minerals Research & Development Chart

African Rainbow Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Research & Development

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7.41

6.71

7.55

10.50

11.31

African Rainbow Minerals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

African Rainbow Minerals Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

African Rainbow Minerals (OTCPK:AFBOF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

African Rainbow Minerals Research & Development Related Terms

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African Rainbow Minerals (African Rainbow Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » African Rainbow Minerals Ltd (OTCPK:AFBOF) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

ARI:South Africa EB9:Germany

Address

29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196

Website

https://www.arm.co.za

African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: platinum, ferrous, coal, copper, and corporate. In addition, African Rainbow Minerals has an investment in gold through its shareholding in Harmony. Ferrous is the group's largest division, contributing roughly half of group revenue, closely trailed by the platinum division. The platinum division includes the Two Rivers Platinum Mine as a 51% subsidiary and an interest in the Modikwa Platinum Mine. The ferrous division comprises Assmang as a 50% joint venture, which includes iron ore, manganese, and chrome operations.

African Rainbow Minerals (African Rainbow Minerals) Headlines

From GuruFocus

Unraveling African Rainbow Minerals Ltd's (AFBOF) Dividend Performance and Sustainability

By GuruFocus Research • 10-04-2023