Royal Mines and Minerals Corp
Royal Mines and Minerals Corp, an exploration stage company, focuses on extracting and refining precious metals from fly and bottom ash, and other leachable assets in the United States. It also intends to acquire and develop mining projects in North America. The company was incorporated in 2005 and is based in Henderson, Nevada.
Royal Mines and Minerals Corp (RYMM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of July 2017: 0.033x
Based on the latest financial reports, Royal Mines and Minerals Corp (RYMM) has a cash flow conversion efficiency ratio of 0.033x as of July 2017.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-95.11K) by net assets ($-2.87 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Royal Mines and Minerals Corp - Cash Flow Conversion Efficiency Trend (2014–2017)
This chart illustrates how Royal Mines and Minerals Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Royal Mines and Minerals Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Royal Mines and Minerals Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Grayscale Bitcoin Cash Trust
OTCQX:BCHG
|
-0.053x |
|
Carpinienne de Participations
PA:CARP
|
0.004x |
|
Mayex USA Inc
PINK:MAYX
|
N/A |
|
EO2 SA
BE:EO4
|
N/A |
|
Diego Pellicer Worldwide Inc
PINK:DPWW
|
-0.041x |
|
Windward Ltd
LSE:WNWD
|
-0.456x |
|
Evergreen Sustainable Enterprises Inc.
OTCQB:EGSE
|
-0.259x |
|
Phoenix Footwear Group Inc
PINK:PXFG
|
0.376x |
Annual Cash Flow Conversion Efficiency for Royal Mines and Minerals Corp (2014–2017)
The table below shows the annual cash flow conversion efficiency of Royal Mines and Minerals Corp from 2014 to 2017.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2017-04-30 | $-2.71 Million | $-494.25K | 0.182x | -33.35% |
| 2016-04-30 | $-1.89 Million | $-515.80K | 0.274x | -52.93% |
| 2015-04-30 | $-1.08 Million | $-624.88K | 0.581x | -59.39% |
| 2014-04-30 | $-408.06K | $-584.01K | 1.431x | -- |