RYMM (Royal Mines & Minerals) ROCE %: 0.00% (As of Jul. 2017)

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What is Royal Mines & Minerals ROCE %?

Royal Mines & Minerals RYMM -99.50% ROCE % is 0.00% as of Jul. 2017.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Royal Mines & Minerals's annualized ROCE % for the quarter that ended in Jul. 2017 was 0.00%.

Royal Mines & Minerals  (OTCPK:RYMM) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Royal Mines & Minerals ROCE % Related Terms

Royal Mines & Minerals ROCE % Historical Data

* Premium members only.

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

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -748.64 0.00 0.00 0.00 0.00

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
ROCE % 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 0.00 0.00

Royal Mines & Minerals ROCE % Calculation

Royal Mines & Minerals's annualized ROCE % for the fiscal year that ended in Apr. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2017 )  (A: Apr. 2016 )(A: Apr. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2017 )  (A: Apr. 2016 )(A: Apr. 2017 )
=-0.878/( ( (0.321 - 2.207) + (0.079 - 1.64) )/ 2 )
=-0.878/( (-1.886+-1.561)/ 2 )
=-0.878/-1.7235
=50.94 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jul. 2017 )  (Q: Apr. 2017 )(Q: Jul. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jul. 2017 )  (Q: Apr. 2017 )(Q: Jul. 2017 )
=-0.496/( ( (0.079 - 1.64) + (0.059 - 1.784) )/ 2 )
=-0.496/( ( -1.561 + -1.725 )/ 2 )
=-0.496/-1.643
=0 %

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

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