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
Refex Industries (NSE:REFEX) Has A Pretty Healthy Balance Sheet
Aug 17
Does Refex Industries (NSE:REFEX) Have A Healthy Balance Sheet?
Aug 03Recent updates
Investors Still Aren't Entirely Convinced By Refex Industries Limited's (NSE:REFEX) Earnings Despite 26% Price Jump
Apr 27Refex Industries (NSE:REFEX) Has A Pretty Healthy Balance Sheet
Aug 17Is Now The Time To Put Refex Industries (NSE:REFEX) On Your Watchlist?
Jul 11Do Refex Industries' (NSE:REFEX) Earnings Warrant Your Attention?
Dec 26Does Refex Industries (NSE:REFEX) Have A Healthy Balance Sheet?
Aug 03Refex Industries (NSE:REFEX) Is Achieving High Returns On Its Capital
Jun 21Why We Like The Returns At Refex Industries (NSE:REFEX)
Dec 31We Like Refex Industries' (NSE:REFEX) Returns And Here's How They're Trending
Jun 14Refex Industries Limited (NSE:REFEX) Is An Attractive Dividend Stock - Here's Why
May 11Will Refex Industries (NSE:REFEX) Become A Multi-Bagger?
Mar 01Why Refex Industries Limited (NSE:REFEX) Should Be In Your Dividend Portfolio
Feb 01Refex Industries Limited (NSE:REFEX) Looks Interesting, And It's About To Pay A Dividend
Jan 06We're Not Counting On Refex Industries (NSE:REFEX) To Sustain Its Statutory Profitability
Dec 28
Returns On Capital - An Important Metric For Refex Industries (NSE:REFEX)
Nov 23Refex Industries Limited's (NSE:REFEX) Stock Is Going Strong: Is the Market Following Fundamentals?
Oct 20Potential Upside For Refex Industries Limited (NSE:REFEX) Not Without Risk
Aug 25We're Not Counting On Refex Industries (NSE:REFEX) To Sustain Its Statutory Profitability
Jul 29Is Refex Industries Limited's(NSE:REFEX) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jul 02Financial Position Analysis
Short Term Liabilities: REFEX's short term assets (₹4.1B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: REFEX's short term assets (₹4.1B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: REFEX's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: REFEX's debt to equity ratio has increased from 29.9% to 46.1% over the past 5 years.
Debt Coverage: REFEX's debt is well covered by operating cash flow (36.7%).
Interest Coverage: REFEX's interest payments on its debt are well covered by EBIT (10.7x coverage).