RYMM (Royal Mines & Minerals) Scaled Net Operating Assets: -15.27 (As of Jul. 2017)

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What is Royal Mines & Minerals Scaled Net Operating Assets?

Royal Mines & Minerals RYMM -99.50% Scaled Net Operating Assets is -15.27 as of Jul. 2017.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Royal Mines & Minerals's operating assets for the quarter that ended in Jul. 2017 was $0.06 Mil. Royal Mines & Minerals's operating liabilities for the quarter that ended in Jul. 2017 was $1.26 Mil. Royal Mines & Minerals's Total Assets for the quarter that ended in Apr. 2017 was $0.08 Mil. Therefore, Royal Mines & Minerals's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2017 was -15.27.

Royal Mines & Minerals Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Royal Mines & Minerals's Scaled Net Operating 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 Scaled Net Operating Assets Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.14 -0.50 -1.55 -3.54

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
Scaled Net Operating 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 -2.34 -3.19 -11.55 -14.21 -15.27

Royal Mines & Minerals Scaled Net Operating Assets Competitor Comparison

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

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

* The bar in red indicates where Royal Mines & Minerals's Scaled Net Operating Assets falls into.


Royal Mines & Minerals Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Royal Mines & Minerals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2017 )
=(Operating Assets (A: Apr. 2017 )-Operating Liabilities (A: Apr. 2017 ))/Total Assets (A: Apr. 2016 )
=(0.067-1.204)/0.321
=-3.54

where

Operating Assets(A: Apr. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.079 - 0.012
=0.067

Operating Liabilities(A: Apr. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.789 - 1.149 - 0.436
=1.204

Royal Mines & Minerals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jul. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jul. 2017 )
=(Operating Assets (Q: Jul. 2017 )-Operating Liabilities (Q: Jul. 2017 ))/Total Assets (Q: Apr. 2017 )
=(0.056-1.262)/0.079
=-15.27

where

Operating Assets(Q: Jul. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.059 - 0.003
=0.056

Operating Liabilities(Q: Jul. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.933 - 1.149 - 0.522
=1.262

* 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.

What does a Scaled Net Operating Assets of -15.27 mean?
Royal Mines & Minerals (RYMM) has a Scaled Net Operating Assets of -15.27 as of Jul. 2017. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Royal Mines & Minerals and its competitors.
Is Royal Mines & Minerals' Scaled Net Operating Assets too high?
Royal Mines & Minerals' current Scaled Net Operating Assets is -15.27.
How does Royal Mines & Minerals' Scaled Net Operating Assets compare to competitors?
Royal Mines & Minerals' Scaled Net Operating Assets of -15.27 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 Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Royal Mines & Minerals and its competitors. Royal Mines & Minerals's current Scaled Net Operating Assets is -15.27. 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 Scaled Net Operating Assets of -15.27. The current Scaled Net Operating Assets is -15.27. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current Scaled Net Operating Assets is -15.27 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.