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) - Total Assets
Latest total assets as of July 2017: $58.58K USD
Based on the latest financial reports, Royal Mines and Minerals Corp (RYMM) holds total assets worth $58.58K USD as of July 2017.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Royal Mines and Minerals Corp - Total Assets Trend (2014–2017)
This chart illustrates how Royal Mines and Minerals Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Royal Mines and Minerals Corp - Asset Composition Analysis
Current Asset Composition (April 2017)
Royal Mines and Minerals Corp's total assets of $58.58K consist of 23.1% current assets and 76.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.4% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $52.69K | 67.1% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2017)
This chart illustrates how Royal Mines and Minerals Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Royal Mines and Minerals Corp's current assets represent 23.1% of total assets in 2017, an increase from 9.1% in 2014.
- Cash Position: Cash and equivalents constituted 15.4% of total assets in 2017, up from 8.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 67.1% of total assets.
Royal Mines and Minerals Corp Competitors by Total Assets
Key competitors of Royal Mines and Minerals Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Royal Mines and Minerals Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Royal Mines and Minerals Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Royal Mines and Minerals Corp is currently not profitable relative to its asset base.
Royal Mines and Minerals Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.00 | 0.01 | 0.01 |
| Quick Ratio | 0.00 | 0.01 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.78 Million | $ -2.45 Million | $ -2.45 Million |
Royal Mines and Minerals Corp - Advanced Valuation Insights
This section examines the relationship between Royal Mines and Minerals Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | -75.6% |
| Total Assets | $78.52K |
| Market Capitalization | $22.68K USD |
Valuation Analysis
Below Book Valuation: The market values Royal Mines and Minerals Corp's assets below their book value (0.29 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Royal Mines and Minerals Corp's assets decreased by 75.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Royal Mines and Minerals Corp (2014–2017)
The table below shows the annual total assets of Royal Mines and Minerals Corp from 2014 to 2017.
| Year | Total Assets | Change |
|---|---|---|
| 2017-04-30 | $78.52K | -75.57% |
| 2016-04-30 | $321.42K | -29.88% |
| 2015-04-30 | $458.38K | -45.03% |
| 2014-04-30 | $833.93K | -- |