Refex Industries Limited

BSE:532884 Stock Report

Market Cap: ₹67.1b

Refex Industries Balance Sheet Health

Financial Health criteria checks 4/6

Refex Industries has a total shareholder equity of ₹4.6B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are ₹8.0B and ₹3.3B respectively. Refex Industries's EBIT is ₹1.4B making its interest coverage ratio 4.9. It has cash and short-term investments of ₹330.8M.

Key information

46.2%

Debt to equity ratio

₹2.15b

Debt

Interest coverage ratio4.9x
Cash₹330.79m
Equity₹4.65b
Total liabilities₹3.33b
Total assets₹7.98b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 532884's short term assets (₹5.0B) exceed its short term liabilities (₹1.9B).

Long Term Liabilities: 532884's short term assets (₹5.0B) exceed its long term liabilities (₹1.4B).


Debt to Equity History and Analysis

Debt Level: 532884's net debt to equity ratio (39.1%) is considered satisfactory.

Reducing Debt: 532884's debt to equity ratio has increased from 0.9% to 46.2% over the past 5 years.

Debt Coverage: 532884's debt is not well covered by operating cash flow (1.3%).

Interest Coverage: 532884's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


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