Resurgere Mines & Minerals India (NSE:RMMIL) ROIC %: -4.82% (As of Mar. 2018)


What is Resurgere Mines & Minerals India ROIC %?

Resurgere Mines & Minerals India NSE:RMMIL ROIC % is -4.82% as of Mar. 2018.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Resurgere Mines & Minerals India's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2018 was -4.82%.

As of today (2026-06-28), Resurgere Mines & Minerals India's WACC % is 0.00%. Resurgere Mines & Minerals India's ROIC % is 0.00% (calculated using TTM income statement data). Resurgere Mines & Minerals India earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Resurgere Mines & Minerals India  (NSE:RMMIL) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Resurgere Mines & Minerals India's WACC % is 0.00%. Resurgere Mines & Minerals India's ROIC % is 0.00% (calculated using TTM income statement data). Resurgere Mines & Minerals India earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Resurgere Mines & Minerals India ROIC % Related Terms


Resurgere Mines & Minerals India ROIC % Historical Data

* Premium members only.

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

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.80 -5.78 -7.61 -5.18 -4.82

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -4.80 -5.78 -7.61 -5.18 -4.82

Resurgere Mines & Minerals India ROIC % Competitor Comparison

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

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

* The bar in red indicates where Resurgere Mines & Minerals India's ROIC % falls into.



Resurgere Mines & Minerals India ROIC % Calculation

Resurgere Mines & Minerals India's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2018 is calculated as:

ROIC % (A: Mar. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2017 ) + Invested Capital (A: Mar. 2018 ))/ count )
=-257.059 * ( 1 - 0% )/( (5434.448 + 5230.406)/ 2 )
=-257.059/5332.427
=-4.82 %

where

Invested Capital(A: Mar. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8163.526 - 1774.909 - ( 954.169 - max(0, 4496.034 - 5968.125+954.169))
=5434.448

Invested Capital(A: Mar. 2018 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7976.491 - 1774.333 - ( 971.752 - max(0, 4852.306 - 5993.085+971.752))
=5230.406

Resurgere Mines & Minerals India's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2018 is calculated as:

ROIC % (Q: Mar. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2017 ) + Invested Capital (Q: Mar. 2018 ))/ count )
=-257.059 * ( 1 - 0% )/( (5434.448 + 5230.406)/ 2 )
=-257.059/5332.427
=-4.82 %

where

Invested Capital(Q: Mar. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8163.526 - 1774.909 - ( 954.169 - max(0, 4496.034 - 5968.125+954.169))
=5434.448

Invested Capital(Q: Mar. 2018 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7976.491 - 1774.333 - ( 971.752 - max(0, 4852.306 - 5993.085+971.752))
=5230.406

Note: The Operating Income data used here is one times the annual (Mar. 2018) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of -4.82% mean?
Resurgere Mines & Minerals India (NSE:RMMIL) has a ROIC % of -4.82% as of Mar. 2018. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Resurgere Mines & Minerals India and its competitors.
Is Resurgere Mines & Minerals India's ROIC % too high?
Resurgere Mines & Minerals India's current ROIC % is -4.82%.
How does Resurgere Mines & Minerals India's ROIC % compare to competitors?
Resurgere Mines & Minerals India's ROIC % of -4.82% 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 ROIC % for a Metals & Mining company?
A good ROIC % depends on the Metals & Mining industry context. However, ROIC % 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Resurgere Mines & Minerals India and its competitors. Resurgere Mines & Minerals India's current ROIC % is -4.82%. 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 ROIC % of -4.82%. The current ROIC % is -4.82%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Resurgere Mines & Minerals India (NSE:RMMIL), the current ROIC % is -4.82% 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.