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Resurgere Mines & Minerals India (NSE:RMMIL) Goodwill : ₹0.00 Mil (As of Mar. 2018)


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What is Resurgere Mines & Minerals India Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Resurgere Mines & Minerals India's goodwill for the quarter that ended in Mar. 2018 was ₹0.00 Mil.


Resurgere Mines & Minerals India Goodwill Historical Data

The historical data trend for Resurgere Mines & Minerals India's Goodwill 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 Goodwill Chart

Resurgere Mines & Minerals India Annual Data
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Goodwill
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Resurgere Mines & Minerals India Semi-Annual Data
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Resurgere Mines & Minerals India Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Resurgere Mines & Minerals India  (NSE:RMMIL) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

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

Goodwill-to-Asset (A: Mar. 2018 )=Goodwill/Total Assets
=0/7976.491
=

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

Goodwill-to-Asset (Q: Mar. 2018 )=Goodwill/Total Assets
=0/7976.491
=

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Resurgere Mines & Minerals India Goodwill 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.

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