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Resurgere Mines & Minerals India (NSE:RMMIL) Interest Expense : ₹-341.37 Mil (TTM As of Mar. 2018)


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What is Resurgere Mines & Minerals India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Resurgere Mines & Minerals India's interest expense for the six months ended in Mar. 2018 was ₹ -341.37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2018 was ₹-341.37 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Resurgere Mines & Minerals India's Operating Income for the six months ended in Mar. 2018 was ₹ -257.06 Mil. Resurgere Mines & Minerals India's Interest Expense for the six months ended in Mar. 2018 was ₹ -341.37 Mil. Resurgere Mines & Minerals India did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Resurgere Mines & Minerals India Interest Expense Historical Data

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

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -208.79 -235.32 -265.84 -300.94 -341.37

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -208.79 -235.32 -265.84 -300.94 -341.37

Resurgere Mines & Minerals India Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2018 was ₹-341.37 Mil.

* 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  (NSE:RMMIL) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Resurgere Mines & Minerals India's Interest Expense for the six months ended in Mar. 2018 was ₹-341.37 Mil. Its Operating Income for the six months ended in Mar. 2018 was ₹-257.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2018 was ₹82.62 Mil.

Resurgere Mines & Minerals India's Interest Coverage for the quarter that ended in Mar. 2018 is calculated as

Resurgere Mines & Minerals India did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's financial strength is.

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 » Interest Expense
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Traded in Other Exchanges
N/A
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.

Resurgere Mines & Minerals India (NSE:RMMIL) Headlines

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