Resurgere Mines & Minerals India (NSE:RMMIL) Cash-to-Debt : 0.83 (As of Mar. 2018)

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What is Resurgere Mines & Minerals India Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Resurgere Mines & Minerals India's cash to debt ratio for the quarter that ended in Mar. 2018 was 0.83.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Resurgere Mines & Minerals India couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2018.

The historical rank and industry rank for Resurgere Mines & Minerals India's Cash-to-Debt or its related term are showing as below:

NSE:RMMIL's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.69
* Ranked among companies with meaningful Cash-to-Debt only.

Resurgere Mines & Minerals India Cash-to-Debt Historical Data

The historical data trend for Resurgere Mines & Minerals India's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Resurgere Mines & Minerals India Cash-to-Debt Chart

Resurgere Mines & Minerals India Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Cash-to-Debt

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0.81

0.83

Resurgere Mines & Minerals India Semi-Annual Data
	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18
Cash-to-Debt	Get a 7-Day Free Trial						-	-	-	0.81	0.83

Competitive Comparison of Resurgere Mines & Minerals India's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Resurgere Mines & Minerals India's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Resurgere Mines & Minerals India's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Resurgere Mines & Minerals India's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Resurgere Mines & Minerals India's Cash-to-Debt falls into.

Resurgere Mines & Minerals India Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Resurgere Mines & Minerals India's Cash to Debt Ratio for the fiscal year that ended in Mar. 2018 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	971.752	/	(1090.509	+	82.624)
	=	0.83

Resurgere Mines & Minerals India's Cash to Debt Ratio for the quarter that ended in Mar. 2018 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	971.752	/	(1090.509	+	82.624)
	=	0.83

Resurgere Mines & Minerals India (NSE:RMMIL) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Resurgere Mines & Minerals India Cash-to-Debt Related Terms

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Resurgere Mines & Minerals India (NSE:RMMIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resurgere Mines & Minerals India Ltd (NSE:RMMIL) » Definitions » Cash-to-Debt

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Address

15, Morvi House, 28/30, Goa Street, Ballard Estate, 1st Floor, Mumbai, MH, IND, 400038

Website

http://www.resurgere.in

Resurgere Mines & Minerals India Ltd is engaged in extraction, processing, and sale of iron ore, bauxite and soapstone products and exploration & development of mining assets. The company's products portfolio consists of Lump Ore, Size Ore, Calibrated Lump Ore, Iron Ore Fines, and Bauxite. It operates two mines contracts, Iron Ore mine situated at Satarda and Bauxite mine situated at Mahalmiriya. It owns two mines, Soapstone mine situated at Dhelana in the state of Rajasthan and Bauxite mine situated at Yelwan Jugai, Maharashtra. Majority of the revenue is derived from its only segment Mining & Trading of Minerals.

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