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Resurgere Mines & Minerals India (NSE:RMMIL) Debt-to-EBITDA : -44.24 (As of Mar. 2018)


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

Debt-to-EBITDA measures a company's ability to pay off its debt.

Resurgere Mines & Minerals India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ₹1,090.51 Mil. Resurgere Mines & Minerals India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ₹82.62 Mil. Resurgere Mines & Minerals India's annualized EBITDA for the quarter that ended in Mar. 2018 was ₹-26.52 Mil. Resurgere Mines & Minerals India's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2018 was -44.24.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

NSE:RMMIL's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

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

The historical data trend for Resurgere Mines & Minerals India's Debt-to-EBITDA 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.

* Premium members only.

Resurgere Mines & Minerals India Debt-to-EBITDA Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -136.85 -1,009.69 -9.56 -166.27 -44.24

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -136.85 -1,009.69 -9.56 -166.27 -44.24

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

For the Other Industrial Metals & Mining subindustry, Resurgere Mines & Minerals India's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Resurgere Mines & Minerals India Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1090.509 + 82.624) / -26.516
=-44.24

Resurgere Mines & Minerals India's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1090.509 + 82.624) / -26.516
=-44.24

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is one times the quarterly (Mar. 2018) EBITDA data.


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

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


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

Thank you for viewing the detailed overview of Resurgere Mines & Minerals India's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Traded in Other Exchanges
N/A
Address
15, Morvi House, 28/30, Goa Street, Ballard Estate, 1st Floor, Mumbai, MH, IND, 400038
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.

Resurgere Mines & Minerals India (NSE:RMMIL) Headlines

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