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) - Net Assets
Latest net assets as of July 2017: $-2.87 Million USD
Based on the latest financial reports, Royal Mines and Minerals Corp (RYMM) has net assets worth $-2.87 Million USD as of July 2017.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($58.58K) and total liabilities ($2.93 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-2.87 Million |
| % of Total Assets | -4906.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Royal Mines and Minerals Corp - Net Assets Trend (2014–2017)
This chart illustrates how Royal Mines and Minerals Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Royal Mines and Minerals Corp (2014–2017)
The table below shows the annual net assets of Royal Mines and Minerals Corp from 2014 to 2017.
| Year | Net Assets | Change |
|---|---|---|
| 2017-04-30 | $-2.71 Million | -43.76% |
| 2016-04-30 | $-1.89 Million | -75.38% |
| 2015-04-30 | $-1.08 Million | -163.45% |
| 2014-04-30 | $-408.06K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Royal Mines and Minerals Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 377596400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2017)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $245.20K | % |
| Other Comprehensive Income | $16.86 Million | % |
| Total Equity | $-2.71 Million | 100.00% |
Royal Mines and Minerals Corp Competitors by Market Cap
The table below lists competitors of Royal Mines and Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grayscale Bitcoin Cash Trust
OTCQX:BCHG
|
$22.69K |
|
Carpinienne de Participations
PA:CARP
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$22.70K |
|
Mayex USA Inc
PINK:MAYX
|
$22.70K |
|
EO2 SA
BE:EO4
|
$22.74K |
|
Diego Pellicer Worldwide Inc
PINK:DPWW
|
$22.67K |
|
Windward Ltd
LSE:WNWD
|
$22.65K |
|
Evergreen Sustainable Enterprises Inc.
OTCQB:EGSE
|
$22.65K |
|
Phoenix Footwear Group Inc
PINK:PXFG
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$22.64K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Royal Mines and Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2016 to 2017, total equity changed from -1,885,419 to -2,710,540, a change of -825,121.
- Net loss of 1,015,671 reduced equity.
- Other comprehensive income increased equity by 200,551.
- Other factors decreased equity by 10,001.
Equity Change Factors (2016 to 2017)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.02 Million | -37.47% |
| Other Comprehensive Income | $200.55K | +7.4% |
| Other Changes | $-10.00K | -0.37% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Royal Mines and Minerals Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-04-30 | $0.00 | $0.00 | x |
| 2015-04-30 | $0.00 | $0.00 | x |
| 2016-04-30 | $-0.01 | $0.00 | x |
| 2017-04-30 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Royal Mines and Minerals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.40 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.81 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-651.23K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-744.62K |
Industry Comparison
This section compares Royal Mines and Minerals Corp's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Royal Mines and Minerals Corp (RYMM) | $-2.87 Million | 0.00% | N/A | $22.68K |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |