Resurgere Mines & Minerals India (NSE:RMMIL) Asset Turnover: 0.00 (As of Mar. 2018)


What is Resurgere Mines & Minerals India Asset Turnover?

Resurgere Mines & Minerals India NSE:RMMIL Asset Turnover is 0.00 as of Mar. 2018.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Resurgere Mines & Minerals India's Revenue for the six months ended in Mar. 2018 was ₹0.00 Mil. Resurgere Mines & Minerals India's Total Assets for the quarter that ended in Mar. 2018 was ₹8,070.01 Mil. Therefore, Resurgere Mines & Minerals India's Asset Turnover for the quarter that ended in Mar. 2018 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Resurgere Mines & Minerals India's annualized ROE % for the quarter that ended in Mar. 2018 was -36.28%. It is also linked to ROA % through Du Pont Formula. Resurgere Mines & Minerals India's annualized ROA % for the quarter that ended in Mar. 2018 was -14.37%.

Resurgere Mines & Minerals India  (NSE:RMMIL) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

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

ROE %**(Q: Mar. 2018 )
=Net Income/Total Stockholders Equity
=-1159.694/3196.754
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1159.694 / 0)*(0 / 8070.0085)*(8070.0085/ 3196.754)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.5244
=ROA %*Equity Multiplier
=-14.37 %*2.5244
=-36.28 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2018) net income data. The Revenue data used here is two times the semi-annual (Mar. 2018) revenue data.

* 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 ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

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

ROA %(Q: Mar. 2018 )
=Net Income/Total Assets
=-1159.694/8070.0085
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1159.694 / 0)*(0 / 8070.0085)
=Net Margin %*Asset Turnover
= %*0
=-14.37 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2018) net income data. The Revenue data used here is two times the semi-annual (Mar. 2018) revenue data.

* 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.

Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Resurgere Mines & Minerals India Asset Turnover Related Terms

Resurgere Mines & Minerals India Asset Turnover Historical Data

* Premium members only.

The historical data trend for Resurgere Mines & Minerals India's Asset Turnover 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 Asset Turnover Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Resurgere Mines & Minerals India Asset Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Resurgere Mines & Minerals India's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Resurgere Mines & Minerals India Asset Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Resurgere Mines & Minerals India's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Resurgere Mines & Minerals India's Asset Turnover falls into.


Resurgere Mines & Minerals India Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

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

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

Asset Turnover
=Revenue/Average Total Assets
=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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Resurgere Mines & Minerals India (NSE:RMMIL) has a Asset Turnover of 0.00 as of Mar. 2018. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Resurgere Mines & Minerals India and its competitors.
Is Resurgere Mines & Minerals India's Asset Turnover too high?
Resurgere Mines & Minerals India's current Asset Turnover is 0.00.
How does Resurgere Mines & Minerals India's Asset Turnover compare to competitors?
Resurgere Mines & Minerals India's Asset Turnover of 0.00 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 Asset Turnover for a Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Resurgere Mines & Minerals India and its competitors. Resurgere Mines & Minerals India's current Asset Turnover is 0.00. 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 Asset Turnover of 0.00. The current Asset Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Resurgere Mines & Minerals India (NSE:RMMIL), the current Asset Turnover is 0.00 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.