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Resurgere Mines & Minerals India (NSE:RMMIL) Total Current Liabilities : ₹4,852.31 Mil (As of Mar. 2018)


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What is Resurgere Mines & Minerals India Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Resurgere Mines & Minerals India's total current liabilities for the quarter that ended in Mar. 2018 was ₹4,852.31


Resurgere Mines & Minerals India Total Current Liabilities Historical Data

The historical data trend for Resurgere Mines & Minerals India's Total Current Liabilities 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.

* Premium members only.

Resurgere Mines & Minerals India Total Current Liabilities Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,681.53 3,958.75 4,182.65 4,496.03 4,852.31

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3,681.53 3,958.75 4,182.65 4,496.03 4,852.31

Resurgere Mines & Minerals India Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1774.333+1090.509
+Other Current Liabilities+Current Deferred Liabilities
=1987.464+0
=4,852.31

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1774.333+1090.509
+Other Current Liabilities+Current Deferred Liabilities
=1987.464+0
=4,852.31

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Resurgere Mines & Minerals India Total Current Liabilities Related Terms

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Resurgere Mines & Minerals India (NSE:RMMIL) Business Description

Traded in Other Exchanges
N/A
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.

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