Resurgere Mines & Minerals India (NSE:RMMIL) LT-Debt-to-Total-Asset: 0.01 (As of Mar. 2018)


What is Resurgere Mines & Minerals India LT-Debt-to-Total-Asset?

Resurgere Mines & Minerals India NSE:RMMIL LT-Debt-to-Total-Asset is 0.01 as of Mar. 2018.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Resurgere Mines & Minerals India's long-term debt to total assests ratio for the quarter that ended in Mar. 2018 was 0.01.

Resurgere Mines & Minerals India's long-term debt to total assets ratio stayed the same from Mar. 2016 (0.01) to Mar. 2018 (0.01).

Resurgere Mines & Minerals India  (NSE:RMMIL) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Resurgere Mines & Minerals India LT-Debt-to-Total-Asset Related Terms

Resurgere Mines & Minerals India LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Resurgere Mines & Minerals India's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Resurgere Mines & Minerals India LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Mar. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2018 )/Total Assets (A: Mar. 2018 )
=82.624/7976.491
=

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

LT Debt to Total Assets (Q: Mar. 2018 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2018 )/Total Assets (Q: Mar. 2018 )
=82.624/7976.491
=

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
Resurgere Mines & Minerals India (NSE:RMMIL) has a LT-Debt-to-Total-Asset of 0.01 as of Mar. 2018. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Resurgere Mines & Minerals India and its competitors.
Is Resurgere Mines & Minerals India's LT-Debt-to-Total-Asset too high?
Resurgere Mines & Minerals India's current LT-Debt-to-Total-Asset is 0.01.
How does Resurgere Mines & Minerals India's LT-Debt-to-Total-Asset compare to competitors?
Resurgere Mines & Minerals India's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Resurgere Mines & Minerals India and its competitors. Resurgere Mines & Minerals India's current LT-Debt-to-Total-Asset is 0.01. 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 LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Resurgere Mines & Minerals India (NSE:RMMIL), the current LT-Debt-to-Total-Asset is 0.01 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.