Refex Industries Balance Sheet Health
Financial Health criteria checks 4/6
Refex Industries has a total shareholder equity of ₹6.1B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are ₹10.5B and ₹4.4B respectively. Refex Industries's EBIT is ₹1.5B making its interest coverage ratio 16.3. It has cash and short-term investments of ₹36.8M.
Key information
21.4%
Debt to equity ratio
₹1.31b
Debt
| Interest coverage ratio | 16.3x |
| Cash | ₹36.80m |
| Equity | ₹6.11b |
| Total liabilities | ₹4.43b |
| Total assets | ₹10.55b |
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 38% Price Jump
Jul 02Refex Industries' (NSE:REFEX) Shareholders Have More To Worry About Than Only Soft Earnings
Jun 01Investors 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 01Financial Position Analysis
Short Term Liabilities: REFEX's short term assets (₹7.3B) exceed its short term liabilities (₹2.8B).
Long Term Liabilities: REFEX's short term assets (₹7.3B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: REFEX's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: REFEX's debt to equity ratio has increased from 2.8% to 21.4% over the past 5 years.
Debt Coverage: REFEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: REFEX's interest payments on its debt are well covered by EBIT (16.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 19:04 |
| End of Day Share Price | 2025/01/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Refex Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|