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

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Royal Mines & Minerals Tax Rate %?

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

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Royal Mines & Minerals's Tax Expense for the three months ended in Jul. 2017 was $0.00 Mil. Royal Mines & Minerals's Pre-Tax Income for the three months ended in Jul. 2017 was $-0.16 Mil. Therefore, Royal Mines & Minerals's Tax Rate % for the quarter that ended in Jul. 2017 was 0.00%.

Royal Mines & Minerals Tax Rate % Related Terms

Royal Mines & Minerals Tax Rate % Historical Data

* Premium members only.

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

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

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

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

Tax Rate %=Tax Expense (A: Apr. 2017 )/Pre-Tax Income (A: Apr. 2017 )
=0/-1.016
=0.00 %

Royal Mines & Minerals's Tax Rate % for the quarter that ended in Jul. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Jul. 2017 )/Pre-Tax Income (Q: Jul. 2017 )
=0/-0.164
=0.00 %

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