RYMM (Royal Mines & Minerals) Total Current Liabilities: $1.78 Mil (As of Jul. 2017)

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What is Royal Mines & Minerals Total Current Liabilities?

Royal Mines & Minerals RYMM -99.50% Total Current Liabilities is $1.78 Mil as of Jul. 2017.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Royal Mines & Minerals's total current liabilities for the quarter that ended in Jul. 2017 was $1.78

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Royal Mines & Minerals Total Current Liabilities Related Terms

Royal Mines & Minerals Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Royal Mines & Minerals's Total Current Liabilities 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 Total Current Liabilities Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.22 1.53 2.21 1.64

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
Total Current Liabilities 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 2.39 2.47 2.63 1.64 1.78

Royal Mines & Minerals Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Royal Mines & Minerals's Total Current Liabilities for the fiscal year that ended in Apr. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.204+0.436
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.64

Royal Mines & Minerals's Total Current Liabilities for the quarter that ended in Jul. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.262+0.522
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.78

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

What does a Total Current Liabilities of $1.78 Mil mean?
Royal Mines & Minerals (RYMM) has a Total Current Liabilities of $1.78 Mil as of Jul. 2017. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Royal Mines & Minerals and its competitors.
Is Royal Mines & Minerals' Total Current Liabilities too high?
Royal Mines & Minerals' current Total Current Liabilities is $1.78 Mil.
How does Royal Mines & Minerals' Total Current Liabilities compare to competitors?
Royal Mines & Minerals' Total Current Liabilities of $1.78 Mil 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 Total Current Liabilities for a Metals & Mining company?
A good Total Current Liabilities depends on the Metals & Mining industry context. However, Total Current Liabilities 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 Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Royal Mines & Minerals and its competitors. Royal Mines & Minerals's current Total Current Liabilities is $1.78 Mil. 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 Total Current Liabilities of $1.78 Mil. The current Total Current Liabilities is $1.78 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current Total Current Liabilities is $1.78 Mil 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.