Resurgere Mines & Minerals India (NSE:RMMIL) Equity-to-Asset: 0.37 (As of Mar. 2018)

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What is Resurgere Mines & Minerals India Equity-to-Asset?

Resurgere Mines & Minerals India NSE:RMMIL Equity-to-Asset is 0.37 as of Mar. 2018.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Resurgere Mines & Minerals India's Total Stockholders Equity for the quarter that ended in Mar. 2018 was ₹2,925.07 Mil. Resurgere Mines & Minerals India's Total Assets for the quarter that ended in Mar. 2018 was ₹7,976.49 Mil.

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

NSE:RMMIL's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Resurgere Mines & Minerals India  (NSE:RMMIL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Resurgere Mines & Minerals India Equity-to-Asset Related Terms


Resurgere Mines & Minerals India Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Resurgere Mines & Minerals India's Equity-to-Asset 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.

Resurgere Mines & Minerals India Equity-to-Asset Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.53 0.48 0.43 0.37

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.57 0.53 0.48 0.43 0.37

Resurgere Mines & Minerals India Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Resurgere Mines & Minerals India's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Metals & Mining Industry

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

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



Resurgere Mines & Minerals India Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Mar. 2018 )=Total Stockholders Equity/Total Assets
=2925.07/7976.491
=

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

Equity to Asset (Q: Mar. 2018 )=Total Stockholders Equity/Total Assets
=2925.07/7976.491
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.37 mean?
Resurgere Mines & Minerals India (NSE:RMMIL) has a Equity-to-Asset of 0.37 as of Mar. 2018. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Resurgere Mines & Minerals India and its competitors.
Is Resurgere Mines & Minerals India's Equity-to-Asset too high?
Resurgere Mines & Minerals India's current Equity-to-Asset is 0.37. The Metals & Mining industry median Equity-to-Asset is 0.80. Resurgere Mines & Minerals India's value of 0.37 is 53.8% below this industry median.
How does Resurgere Mines & Minerals India's Equity-to-Asset compare to competitors?
Resurgere Mines & Minerals India's Equity-to-Asset of 0.37 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. Resurgere Mines & Minerals India's value of 0.37 is 53.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,672 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Resurgere Mines & Minerals India's current Equity-to-Asset of 0.37 is 53.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Resurgere Mines & Minerals India and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resurgere Mines & Minerals India's current Equity-to-Asset is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resurgere Mines & Minerals India stock overvalued right now?
Resurgere Mines & Minerals India (NSE:RMMIL) has a current Equity-to-Asset of 0.37. The current Equity-to-Asset is 0.37 and 53.8% below the Metals & Mining industry median of 0.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Resurgere Mines & Minerals India (NSE:RMMIL), the current Equity-to-Asset is 0.37 as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Resurgere Mines & Minerals India Business Description

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.