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Resurgere Mines & Minerals India (NSE:RMMIL) Degree of Financial Leverage : 0.00 (As of Mar. 2018)


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What is Resurgere Mines & Minerals India Degree of Financial Leverage?

Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). Resurgere Mines & Minerals India's Degree of Financial Leverage for the quarter that ended in Mar. 2018 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for Resurgere Mines & Minerals India's Degree of Financial Leverage or its related term are showing as below:

NSE:RMMIL's Degree of Financial Leverage is not ranked *
in the Metals & Mining industry.
Industry Median: 1
* Ranked among companies with meaningful Degree of Financial Leverage only.

Resurgere Mines & Minerals India Degree of Financial Leverage Historical Data

The historical data trend for Resurgere Mines & Minerals India's Degree of Financial Leverage 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.

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Resurgere Mines & Minerals India Degree of Financial Leverage Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Degree of Financial Leverage
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Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
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Competitive Comparison of Resurgere Mines & Minerals India's Degree of Financial Leverage

For the Other Industrial Metals & Mining subindustry, Resurgere Mines & Minerals India's Degree of Financial Leverage, along with its competitors' market caps and Degree of Financial Leverage 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 Degree of Financial Leverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Resurgere Mines & Minerals India's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Resurgere Mines & Minerals India's Degree of Financial Leverage falls into.



Resurgere Mines & Minerals India Degree of Financial Leverage Calculation

Resurgere Mines & Minerals India's Degree of Financial Leverage for the quarter that ended in Mar. 2018 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -2.92 (Mar. 2018) / -3.01 (Mar. 2017) - 1 )/( -238.474 (Mar. 2018) / -297.966 (Mar. 2017) - 1 )
=-0.0299/-0.1997
=0.15***

* 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.

** TTM data of EPS and EBIT was used to calculate Degree of Financial Leverage.
*** Please be aware that the Degree of Financial Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Resurgere Mines & Minerals India  (NSE:RMMIL) Degree of Financial Leverage Explanation

Degree of Financial Leverage (DFL) is a leverage ratio that measures the sensitivity of a company’s Earnings per Share (EPS) to fluctuations in its operating income, also referred to as Earnings Before Interest and Taxes (EBIT), resulting from adjustments in its capital structure. DFL is an essential tool for companies to assess the appropriate level of debt or financial leverage in their capital structure. When EBIT remains relatively stable, it results in stable earnings and earnings per share. In such cases, the company may consider taking on substantial debt. However, for companies operating in industries with significant fluctuations in EBIT, it is advisable to keep debt at a manageable level.

The higher Degree of Financial Leverage, the more volatile earnings will be. Because interest is a fixed expense, leverage can amplify earnings and EPS. This is beneficial when EBIT is growing, but it can become problematic in tough economic conditions when EBIT is under pressure.

Be Aware

The use of financial leverage varies across different industries and business sectors, and the application of Degree of Financial Leverage (DFL) should be adjusted accordingly.


Resurgere Mines & Minerals India Degree of Financial Leverage Related Terms

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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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