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


What is Resurgere Mines & Minerals India Total Current Assets?

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

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  (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

* 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 Current Assets Related Terms

Resurgere Mines & Minerals India Total Current Assets Historical Data

* Premium members only.

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.

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

* 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.

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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of ₹5,993.09 Mil mean?
Resurgere Mines & Minerals India (NSE:RMMIL) has a Total Current Assets of ₹5,993.09 Mil as of Mar. 2018. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Resurgere Mines & Minerals India and its competitors.
Is Resurgere Mines & Minerals India's Total Current Assets too high?
Resurgere Mines & Minerals India's current Total Current Assets is ₹5,993.09 Mil.
How does Resurgere Mines & Minerals India's Total Current Assets compare to competitors?
Resurgere Mines & Minerals India's Total Current Assets of ₹5,993.09 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 Current Assets for a Metals & Mining company?
A good Total Current Assets depends on the Metals & Mining industry context. However, Total Current 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 Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Resurgere Mines & Minerals India and its competitors. Resurgere Mines & Minerals India's current Total Current Assets is ₹5,993.09 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 Current Assets of ₹5,993.09 Mil. The current Total Current Assets is ₹5,993.09 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Resurgere Mines & Minerals India (NSE:RMMIL), the current Total Current Assets is ₹5,993.09 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.