Refex Industries Balance Sheet Health
Financial Health criteria checks 4/6
Refex Industries has a total shareholder equity of ₹3.5B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are ₹6.6B and ₹3.1B respectively. Refex Industries's EBIT is ₹1.7B making its interest coverage ratio 10.7. It has cash and short-term investments of ₹133.3M.
Key information
46.1%
Debt to equity ratio
₹1.63b
Debt
Interest coverage ratio | 10.7x |
Cash | ₹133.31m |
Equity | ₹3.53b |
Total liabilities | ₹3.09b |
Total assets | ₹6.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532884's short term assets (₹4.1B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 532884's short term assets (₹4.1B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 532884's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: 532884's debt to equity ratio has increased from 29.9% to 46.1% over the past 5 years.
Debt Coverage: 532884's debt is well covered by operating cash flow (36.7%).
Interest Coverage: 532884's interest payments on its debt are well covered by EBIT (10.7x coverage).