Refex Renewables & Infrastructure Balance Sheet Health
Financial Health criteria checks 1/6
Refex Renewables & Infrastructure has a total shareholder equity of ₹284.5M and total debt of ₹4.1B, which brings its debt-to-equity ratio to 1447.6%. Its total assets and total liabilities are ₹5.3B and ₹5.0B respectively. Refex Renewables & Infrastructure's EBIT is ₹56.5M making its interest coverage ratio 0.1. It has cash and short-term investments of ₹65.1M.
Key information
1,447.6%
Debt to equity ratio
₹4.12b
Debt
Interest coverage ratio | 0.1x |
Cash | ₹65.10m |
Equity | ₹284.50m |
Total liabilities | ₹4.98b |
Total assets | ₹5.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531260's short term assets (₹379.5M) do not cover its short term liabilities (₹916.5M).
Long Term Liabilities: 531260's short term assets (₹379.5M) do not cover its long term liabilities (₹4.1B).
Debt to Equity History and Analysis
Debt Level: 531260's net debt to equity ratio (1424.7%) is considered high.
Reducing Debt: 531260's debt to equity ratio has increased from 118.6% to 1447.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 531260 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 531260 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.1% each year