Resurgere Mines & Minerals India (NSE:RMMIL) Marketable Securities: ₹970.65 Mil (As of Mar. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
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What is Resurgere Mines & Minerals India Marketable Securities?

Resurgere Mines & Minerals India NSE:RMMIL Marketable Securities is ₹970.65 Mil as of Mar. 2018.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Resurgere Mines & Minerals India's Marketable Securities for the quarter that ended in Mar. 2018 was ₹970.65 Mil.

Resurgere Mines & Minerals India's annual Marketable Securities increased from Mar. 2016 (₹0.00 Mil) to Mar. 2017 (₹953.99 Mil) and increased from Mar. 2017 (₹953.99 Mil) to Mar. 2018 (₹970.65 Mil).

Resurgere Mines & Minerals India  (NSE:RMMIL) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Resurgere Mines & Minerals India Marketable Securities Related Terms

Resurgere Mines & Minerals India Marketable Securities Historical Data

* Premium members only.

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

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 953.99 970.65

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 953.99 970.65

Resurgere Mines & Minerals India Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of ₹970.65 Mil mean?
Resurgere Mines & Minerals India (NSE:RMMIL) has a Marketable Securities of ₹970.65 Mil as of Mar. 2018. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Resurgere Mines & Minerals India and its competitors.
Is Resurgere Mines & Minerals India's Marketable Securities too high?
Resurgere Mines & Minerals India's current Marketable Securities is ₹970.65 Mil.
How does Resurgere Mines & Minerals India's Marketable Securities compare to competitors?
Resurgere Mines & Minerals India's Marketable Securities of ₹970.65 Mil 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 Marketable Securities for a Metals & Mining company?
A good Marketable Securities depends on the Metals & Mining industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Resurgere Mines & Minerals India and its competitors. Resurgere Mines & Minerals India's current Marketable Securities is ₹970.65 Mil. 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 Marketable Securities of ₹970.65 Mil. The current Marketable Securities is ₹970.65 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Resurgere Mines & Minerals India (NSE:RMMIL), the current Marketable Securities is ₹970.65 Mil 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.