Rex Pipes and Cables Industries Balance Sheet Health
Financial Health criteria checks 3/6
Rex Pipes and Cables Industries has a total shareholder equity of ₹330.0M and total debt of ₹360.6M, which brings its debt-to-equity ratio to 109.3%. Its total assets and total liabilities are ₹818.5M and ₹488.5M respectively. Rex Pipes and Cables Industries's EBIT is ₹84.4M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹7.2M.
Key information
109.3%
Debt to equity ratio
₹360.62m
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹7.25m |
| Equity | ₹330.03m |
| Total liabilities | ₹488.46m |
| Total assets | ₹818.48m |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Rex Pipes and Cables Industries (NSE:REXPIPES) Is Using Debt Reasonably Well
Jul 14
Rex Pipes and Cables Industries Limited (NSE:REXPIPES) Screens Well But There Might Be A Catch
Jun 17Do Rex Pipes and Cables Industries' (NSE:REXPIPES) Earnings Warrant Your Attention?
Mar 15With 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 (₹700.9M) exceed its short term liabilities (₹476.0M).
Long Term Liabilities: REXPIPES's short term assets (₹700.9M) exceed its long term liabilities (₹12.5M).
Debt to Equity History and Analysis
Debt Level: REXPIPES's net debt to equity ratio (107.1%) is considered high.
Reducing Debt: REXPIPES's debt to equity ratio has reduced from 143.6% to 109.3% over the past 5 years.
Debt Coverage: REXPIPES's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: REXPIPES's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 03:01 |
| End of Day Share Price | 2024/12/20 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Rex Pipes and Cables 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 |
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