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 ratio | 4.9x |
| 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).