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


What is Resurgere Mines & Minerals India Total Assets?

Resurgere Mines & Minerals India NSE:RMMIL Total Assets is ₹7,976.49 Mil as of Mar. 2018.

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  (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

* 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.

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

Resurgere Mines & Minerals India Total Assets Historical Data

* Premium members only.

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.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only 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

* 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 Total Assets →
What does a Total Assets of ₹7,976.49 Mil mean?
Resurgere Mines & Minerals India (NSE:RMMIL) has a Total Assets of ₹7,976.49 Mil as of Mar. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Resurgere Mines & Minerals India and its competitors.
Is Resurgere Mines & Minerals India's Total Assets too high?
Resurgere Mines & Minerals India's current Total Assets is ₹7,976.49 Mil.
How does Resurgere Mines & Minerals India's Total Assets compare to competitors?
Resurgere Mines & Minerals India's Total Assets of ₹7,976.49 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 Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Resurgere Mines & Minerals India and its competitors. Resurgere Mines & Minerals India's current Total Assets is ₹7,976.49 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 Total Assets of ₹7,976.49 Mil. The current Total Assets is ₹7,976.49 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Resurgere Mines & Minerals India (NSE:RMMIL), the current Total Assets is ₹7,976.49 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.