Royalty Management Holding Corporation (RMCO) Balance Sheet
RMCO balance sheet, 2025
December 31, 2025 · U.S. dollars$16.7M assets = $3.0M liabilities + $13.7M equity
Both columns are drawn to the same scale: what RMCO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
RMCO financial health
Descriptive bands, not a rating. Fiscal 2025.
RMCO balance sheet trends, 2021–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $251,6392021 | $16.7M2025 | +185.2%/yr | |
| Total liabilities | $221,6712021 | $3.0M2025 | +91.3%/yr | |
| Shareholders’ equity | $29,9682021 | $13.7M2025 | +362.3%/yr | |
| Cash & short-term investments | $293,1532021 | $133,0642025 | −17.9%/yr | |
| Total debt | $174,2742021 | $345,3982025 | +18.7%/yr | |
| Net cash (debt) | $118,8792021 | −$212,3342025 | −$331,213 | |
| Working capital | $1.0M2021 | $264,5852025 | −$758,705 | |
| Book value per share | $0.002021 | $0.912025 | +348.2%/yr | |
| Current ratio | 22.592021 | 1.132025 | −21.46 | |
| Debt / equity | 5.822021 | 0.032025 | −5.79 | |
| Shares outstanding | 13.2M2021 | 15.0M2025 | +3.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RMCO assets
RMCO liabilities and equity
RMCO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
RMCO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $133,064 | $114,138 | $195,486 | $433,343 | $293,153 |
| Cash & equivalents | $133,064 | $114,138 | $195,486 | $433,343 | $293,153 |
| Receivables | $2.1M | $440,950 | $70,323 | $145,924 | $675,000 |
| Inventory | $0 | $0 | $0 | −$100,049 | $0 |
| Other current assets | $0 | $198,108 | $0 | $100,049 | $102,534 |
| Total current assets | $2.2M | $753,196 | $265,809 | $579,267 | $1.1M |
| Property, plant & equipment (net) | $301,797 | $359,556 | $453,686 | $150,836 | $0 |
| Goodwill & intangible assets | $2.0M | $2.0M | $520,259 | $2.0M | $0 |
| Long-term investments | $10.2M | $10.2M | $10.1M | $10.1M | $251,639 |
| Other non-current assets | $1.9M | $1.7M | $2.3M | $1.1M | $0 |
| Total assets | $16.7M | $15.0M | $13.6M | $14.0M | $251,639 |
| Liabilities | |||||
| Accounts payable | $1.6M | $486,569 | $477,314 | $516,756 | — |
| Short-term debt | $36,996 | $283,490 | $33,923 | $40,116 | — |
| Deferred revenue | — | — | — | $17,643 | — |
| Total current liabilities | $2.0M | $989,936 | $1.3M | $547,031 | $47,397 |
| Long-term debt | $0 | $0 | $2.0M | $3.7M | $174,274 |
| Lease obligations | $345,398 | $359,738 | $452,585 | $181,128 | $0 |
| Other long-term liabilities | $991,291 | $425,004 | $693,282 | $100,580 | $0 |
| Total liabilities | $3.0M | $1.4M | $4.0M | $4.3M | $221,671 |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $1,515 | $1,496 | $1,427 | $68,903 | $59,438 |
| Retained earnings (deficit) | $504,698 | $1.2M | $1.4M | −$2.8M | −$56,576 |
| Accumulated other comprehensive income | −$112,191 | $0 | $1.4M | $3.5M | — |
| Total shareholders' equity | $13.7M | $13.6M | $9.6M | $9.7M | $29,968 |
| Key figures | |||||
| Total debt | $345,398 | $609,738 | $2.4M | $3.8M | $174,274 |
| Net cash (debt) | −$212,334 | −$495,600 | −$2.2M | −$3.4M | $118,879 |
| Working capital | $264,585 | −$236,740 | −$1.1M | $32,236 | $1.0M |
| Tangible book value | $11.7M | $11.7M | $9.1M | $7.7M | $29,968 |
| Book value per share | $0.91 | $0.91 | $0.67 | $0.68 | $0.00 |
| Shares outstanding | 15.0M | 15.0M | 14.3M | 14.3M | 13.2M |
| Current ratio | 1.13 | 0.76 | 0.20 | 1.06 | 22.59 |
| Quick ratio | 1.13 | 0.56 | 0.20 | 1.06 | 20.43 |
| Debt / equity | 0.03 | 0.04 | 0.25 | 0.39 | 5.82 |
| Equity / assets | 82.2% | 90.6% | 70.7% | 69.2% | 11.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $275,916 | $343,949 | $133,064 | $173,174 | $146,728 | $132,539 | $114,138 | $145,367 | $39,133 | $124,823 | $195,486 | $195,486 |
| Cash & equivalents | $275,916 | $343,949 | $133,064 | $173,174 | $146,728 | $132,539 | $114,138 | $145,367 | $39,133 | $124,823 | $195,486 | $195,486 |
| Receivables | $1.9M | $2.3M | $2.1M | $3.4M | $2.3M | $1.3M | $440,950 | $734,579 | $858,480 | $772,703 | $70,323 | $70,323 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3,359 |
| Other current assets | $12,316 | $5,028 | $0 | $0 | $0 | $0 | $198,108 | $23,260 | $26,710 | $30,159 | $0 | $0 |
| Total current assets | $2.2M | $2.6M | $2.2M | $3.6M | $2.4M | $1.5M | $753,196 | $903,206 | $924,323 | $927,685 | $265,809 | $265,809 |
| Property, plant & equipment (net) | $264,786 | $295,433 | $301,797 | $333,537 | $342,416 | $351,087 | $359,556 | $367,875 | $436,776 | $445,335 | $453,686 | $453,686 |
| Goodwill & intangible assets | $2.1M | $2.1M | $2.0M | $1.9M | $1.9M | $2.0M | $2.0M | $2.0M | $482,646 | $501,453 | $520,259 | $520,259 |
| Long-term investments | $10.3M | $10.3M | $10.2M | $10.2M | $10.2M | $10.2M | $10.2M | $10.2M | $10.1M | $10.1M | $10.1M | $0 |
| Other non-current assets | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.7M | $1.7M | $1.9M | $1.8M | $1.7M | $2.3M | $12.4M |
| Total assets | $16.8M | $17.1M | $16.7M | $18.0M | $16.9M | $15.7M | $15.0M | $15.4M | $13.7M | $13.7M | $13.6M | $13.6M |
| Liabilities | ||||||||||||
| Accounts payable | $1.3M | $1.6M | $1.6M | $3.0M | $1.9M | $784,451 | $486,569 | $483,234 | $497,728 | $475,995 | $477,314 | $477,314 |
| Short-term debt | $34,026 | $200,459 | $36,996 | $36,087 | $285,199 | $284,334 | $283,490 | $284,769 | $554,310 | $523,777 | $33,923 | $33,923 |
| Deferred revenue | — | — | — | — | — | — | — | $17,645 | $1 | — | — | — |
| Total current liabilities | $1.6M | $2.2M | $2.0M | $3.4M | $2.5M | $1.3M | $989,936 | $1.1M | $1.5M | $1.4M | $1.3M | $1.3M |
| Long-term debt | $167,270 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.1M | $1.7M | $2.0M | $0 |
| Lease obligations | $315,606 | $319,075 | $345,398 | $354,086 | $362,559 | $370,825 | $359,738 | $366,619 | $436,046 | $444,418 | $452,585 | — |
| Other long-term liabilities | $1.2M | $1.6M | $991,291 | $583,275 | $442,926 | $415,811 | $425,004 | $729,006 | $492,844 | $523,106 | $693,282 | $2.6M |
| Total liabilities | $2.9M | $3.7M | $3.0M | $4.0M | $2.9M | $1.7M | $1.4M | $1.8M | $3.1M | $3.6M | $4.0M | $4.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1,517 | $1,516 | $1,515 | $1,514 | $1,500 | $1,498 | $1,496 | $1,493 | $1,495 | $1,450 | $1,427 | $1,427 |
| Retained earnings (deficit) | $44,013 | −$293,309 | $504,698 | $839,872 | $1.1M | $1.2M | $1.2M | $1.3M | $1.4M | $1.5M | $1.4M | $4.9M |
| Accumulated other comprehensive income | — | — | −$112,191 | $0 | −$37,410 | — | — | $1 | $1.4M | $1.5M | $1.4M | $1.4M |
| Total shareholders' equity | $13.9M | $13.4M | $13.7M | $14.1M | $13.9M | $14.0M | $13.6M | $13.5M | $10.6M | $10.1M | $9.6M | $9.6M |
| Key figures | ||||||||||||
| Total debt | $482,876 | $486,345 | $345,398 | $354,086 | $612,559 | $620,825 | $609,738 | $618,619 | $2.0M | $2.7M | $2.4M | $2.4M |
| Net cash (debt) | −$206,960 | −$142,396 | −$212,334 | −$180,912 | −$465,831 | −$488,286 | −$495,600 | −$473,252 | −$1.9M | −$2.5M | −$2.2M | −$2.2M |
| Working capital | $646,236 | $459,982 | $264,585 | $239,111 | −$39,468 | $126,669 | −$236,740 | −$213,570 | −$603,317 | −$429,233 | −$1.1M | −$1.1M |
| Tangible book value | $11.8M | $11.3M | $11.7M | $12.1M | $12.0M | $12.0M | $11.7M | $11.6M | $10.2M | $9.6M | $9.1M | $9.1M |
| Book value per share | $0.92 | $0.88 | $0.91 | $0.94 | $0.93 | $0.94 | $0.91 | $0.91 | $0.71 | $0.70 | $0.44 | $0.54 |
| Shares outstanding | 15.2M | 15.1M | 15.0M | 14.9M | 14.9M | 14.9M | 15.0M | 14.9M | 15.0M | 14.4M | 21.7M | 18.0M |
| Current ratio | 1.41 | 1.21 | 1.13 | 1.07 | 0.98 | 1.10 | 0.76 | 0.81 | 0.61 | 0.68 | 0.20 | 0.20 |
| Quick ratio | 1.40 | 1.21 | 1.13 | 1.07 | 0.98 | 1.10 | 0.56 | 0.79 | 0.59 | 0.66 | 0.20 | 0.20 |
| Debt / equity | 0.03 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.05 | 0.19 | 0.26 | 0.25 | 0.25 |
| Equity / assets | 82.8% | 78.2% | 82.2% | 78.1% | 82.6% | 88.9% | 90.6% | 88.0% | 77.5% | 73.7% | 70.7% | 70.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 31, 2026); data from EODHD.
RMCO financial position
At the end of fiscal 2025 (December 31, 2025), Royalty Management had total assets of $16.7 million (up 10.7% from a year earlier), total liabilities of $3.0 million and shareholders' equity of $13.7 million. It held $0.1 million in cash and short-term investments against $0.3 million of debt, net debt of $0.2 million. Its current ratio was 1.13. In the latest quarter (ended June 30, 2026) total assets were $16.8 million and equity $13.9 million.
Related: RMCO income statement, RMCO cash flow statement, RMCO key metrics. See the RMCO stock overview for the latest quote and news.
RMCO balance sheet FAQ
What are Royalty Management's total assets?
Royalty Management reported total assets of $16.7 million at the end of fiscal 2025 (December 31, 2025), compared with $15.0 million a year earlier.
How much debt does Royalty Management have?
Royalty Management had $0.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.03.
How much cash does Royalty Management have?
Royalty Management held $0.1 million in cash and short-term investments at the end of fiscal 2025; with $0.3 million of debt that is net debt of $0.2 million.
What is Royalty Management's book value?
Royalty Management's shareholders' equity (book value) was $13.7 million at the end of fiscal 2025, or $0.91 per share.
What is Royalty Management's current ratio?
Royalty Management had current assets of $2.2 million and current liabilities of $2.0 million, a current ratio of 1.13 (it can cover its short-term obligations).
How much goodwill does Royalty Management have?
Royalty Management carried $2.0 million of goodwill and intangible assets, 11.8% of total assets, at the end of fiscal 2025.