Resurgere Mines & Minerals India (NSE:RMMIL) Total Assets : ₹7,976.49 Mil (As of Mar. 2018)

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What is Resurgere Mines & Minerals India Total Assets?

Resurgere Mines & Minerals India's Total Assets for the quarter that ended in Mar. 2018 was ₹7,976.49 Mil.

Total Assets is connected with ROA %. Resurgere Mines & Minerals India's annualized ROA % for the quarter that ended in Mar. 2018 was -7.19%. Total Assets is also linked to Revenue through Asset Turnover. Resurgere Mines & Minerals India's Asset Turnover for the quarter that ended in Mar. 2018 was 0.00.

Resurgere Mines & Minerals India Total Assets Historical Data

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

Resurgere Mines & Minerals India Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Total Assets

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9,086.69

8,760.45

8,479.35

8,163.53

7,976.49

Resurgere Mines & Minerals India Semi-Annual Data
	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18
Total Assets	Get a 7-Day Free Trial						9,086.69	8,760.45	8,479.35	8,163.53	7,976.49

Resurgere Mines & Minerals India Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Resurgere Mines & Minerals India's Total Assets for the fiscal year that ended in Mar. 2018 is calculated as

Total Assets	=	Total Equity (A: Mar. 2018 )	+	Total Liabilities (A: Mar. 2018 )
	=	2925.07	+	5051.421
	=	7,976.49

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

Total Assets	=	Total Equity (Q: Mar. 2018 )	+	Total Liabilities (Q: Mar. 2018 )
	=	2925.07	+	5051.421
	=	7,976.49

Resurgere Mines & Minerals India (NSE:RMMIL) Total Assets Explanation

Total Assets is connected with ROA %.

Resurgere Mines & Minerals India's annualized ROA % for the quarter that ended in Mar. 2018 is

ROA %	=	Net Income (Q: Mar. 2018 )	/	( (Total Assets (Q: Mar. 2017 )	+	Total Assets (Q: Mar. 2018 ))	/ count )
	=	-579.847	/	( (8163.526	+	7976.491)	/ 2 )
	=	-579.847	/	8070.0085
	=	-7.19 %

Note: The Net Income data used here is one times the annual (Mar. 2018) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Resurgere Mines & Minerals India's Asset Turnover for the quarter that ended in Mar. 2018 is

	Asset Turnover
=	Revenue (Q: Mar. 2018 )	/	( (Total Assets (Q: Mar. 2017 )	+	Total Assets (Q: Mar. 2018 ))	/ count )
=	0	/	( (8163.526	+	7976.491)	/ 2 )
=	0	/	8070.0085
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Resurgere Mines & Minerals India Total Assets Related Terms

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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 » Total Assets

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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.

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