Rex Pipes and Cables Industries Balance Sheet Health
Financial Health criteria checks 4/6
Rex Pipes and Cables Industries has a total shareholder equity of ₹290.8M and total debt of ₹363.3M, which brings its debt-to-equity ratio to 124.9%. Its total assets and total liabilities are ₹736.0M and ₹445.1M respectively. Rex Pipes and Cables Industries's EBIT is ₹79.5M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹38.0M.
Key information
124.9%
Debt to equity ratio
₹363.34m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹37.97m |
| Equity | ₹290.84m |
| Total liabilities | ₹445.12m |
| Total assets | ₹735.95m |
Recent financial health updates
No updates
Recent updates
Do Rex Pipes and Cables Industries' (NSE:REXPIPES) Earnings Warrant Your Attention?
Mar 15
With EPS Growth And More, Rex Pipes and Cables Industries (NSE:REXPIPES) Makes An Interesting Case
Nov 03If EPS Growth Is Important To You, Rex Pipes and Cables Industries (NSE:REXPIPES) Presents An Opportunity
Apr 29A Look At The Fair Value Of Rex Pipes and Cables Industries Limited (NSE:REXPIPES)
Feb 23Financial Position Analysis
Short Term Liabilities: REXPIPES's short term assets (₹605.5M) exceed its short term liabilities (₹401.9M).
Long Term Liabilities: REXPIPES's short term assets (₹605.5M) exceed its long term liabilities (₹43.2M).
Debt to Equity History and Analysis
Debt Level: REXPIPES's net debt to equity ratio (111.9%) is considered high.
Reducing Debt: REXPIPES's debt to equity ratio has reduced from 132.9% to 124.9% over the past 5 years.
Debt Coverage: REXPIPES's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: REXPIPES's interest payments on its debt are well covered by EBIT (3.6x coverage).