Resurgere Mines & Minerals India (NSE:RMMIL) Total Current Assets : ₹5,993.09 Mil (As of Mar. 2018)

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What is Resurgere Mines & Minerals India Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Resurgere Mines & Minerals India's total current assets for the quarter that ended in Mar. 2018 was ₹5,993.09 Mil.

Resurgere Mines & Minerals India Total Current Assets Historical Data

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

Resurgere Mines & Minerals India Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Total Current Assets

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5,835.75

6,023.51

5,983.48

5,968.13

5,993.09

Resurgere Mines & Minerals India Semi-Annual Data
	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18
Total Current Assets	Get a 7-Day Free Trial						5,835.75	6,023.51	5,983.48	5,968.13	5,993.09

Resurgere Mines & Minerals India Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	971.752	+	3241.92	+	277.926	+	1501.487
	=	5,993.09

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	971.752	+	3241.92	+	277.926	+	1501.487
	=	5,993.09

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

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

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

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

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	971.752	-	5051.421	+	0.75 * 3241.92	+	0.5 * 277.926
=	-1,509.27

Resurgere Mines & Minerals India Total Current Assets Related Terms

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Resurgere Mines & Minerals India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resurgere Mines & Minerals India Ltd (NSE:RMMIL) » Definitions » Total Current 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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