Royale Energy, Inc. financial data

Symbol
ROYL on OTC
Location
1530 Hilton Head Rd, El Cajon, CA
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Royale Energy Holdings, Inc. (to 3/8/2018)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 52.3 % -9.45%
Debt-to-equity -70.3 % -8.44%
Return On Equity 7.48 %
Return On Assets -19.3 % -1838%
Operating Margin -109 % -1778%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 71.9M shares +10.3%
Common Stock, Shares, Outstanding 71.9M shares
Entity Public Float 1.99M USD -26.5%
Common Stock, Value, Issued 71.9K USD +6.17%
Weighted Average Number of Shares Outstanding, Basic 71.9M shares +10%
Weighted Average Number of Shares Outstanding, Diluted 71.9M shares +10%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.37M USD -3.48%
Selling and Marketing Expense 345K USD +27.1%
General and Administrative Expense 1.67M USD +0.74%
Costs and Expenses 6.24M USD +24%
Operating Income (Loss) -2.58M USD -1712%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.68M USD -2097%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -2.68M USD -2097%
Earnings Per Share, Basic -0.04 USD/shares -100%
Earnings Per Share, Diluted -0.04 USD/shares -100%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.45M USD +48.7%
Accounts Receivable, after Allowance for Credit Loss, Current 394K USD +3.29%
Assets, Current 7.99M USD -2.04%
Property, Plant and Equipment, Net 6.82K USD -99.7%
Operating Lease, Right-of-Use Asset 210K USD -28.6%
Other Assets, Noncurrent 590K USD 0%
Assets 13.8M USD +17.1%
Accounts Payable, Current 6.12M USD
Employee-related Liabilities, Current 170K USD -10.2%
Accrued Liabilities, Current 432K USD +106%
Contract with Customer, Liability, Current 9.47M USD +15.6%
Liabilities, Current 17.4M USD +15%
Operating Lease, Liability, Noncurrent 130K USD -38.2%
Other Liabilities, Noncurrent 1.62M USD 0%
Liabilities 26M USD +22.7%
Retained Earnings (Accumulated Deficit) -91.6M USD -4.02%
Stockholders' Equity Attributable to Parent -36.9M USD -10.3%
Liabilities and Equity 13.8M USD +17.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -579K USD +35.3%
Net Cash Provided by (Used in) Financing Activities 1.4M USD
Net Cash Provided by (Used in) Investing Activities -2.04M USD -412%
Common Stock, Shares Authorized 280M shares 0%
Common Stock, Shares, Issued 71.9M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.63M USD +155%
Interest Paid, Excluding Capitalized Interest, Operating Activities 36.2K USD +6501%
Deferred Tax Assets, Valuation Allowance 15.9M USD +5.57%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 15.9M USD +5.57%
Operating Lease, Liability 358K USD -21.3%
Lessee, Operating Lease, Liability, to be Paid 318K USD -19.5%
Property, Plant and Equipment, Gross 1.14M USD 0%
Operating Lease, Liability, Current 80.1K USD -6.06%
Lessee, Operating Lease, Liability, to be Paid, Year Two 88.1K USD +3%
Lessee, Operating Lease, Liability, to be Paid, Year One 85.6K USD -11.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 39.9K USD -32.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 90.8K USD +3%
Deferred Tax Assets, Operating Loss Carryforwards 9.17M USD +7.37%
Preferred Stock, Shares Issued 2.36M shares +3.55%
Preferred Stock, Shares Authorized 3M shares 0%
Additional Paid in Capital 54.7M USD +0.19%
Preferred Stock, Shares Outstanding 2.36M shares +3.55%
Depreciation, Depletion and Amortization 370K USD -26.8%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 0 USD -100%
Interest Expense 101K USD +12424%
Preferred Stock, Par or Stated Value Per Share 10 USD/shares 0%