Arex Industries Balance Sheet Health
Financial Health criteria checks 5/6
Arex Industries has a total shareholder equity of ₹301.2M and total debt of ₹137.3M, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are ₹520.0M and ₹218.8M respectively. Arex Industries's EBIT is ₹48.8M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹3.4M.
Key information
45.6%
Debt to equity ratio
₹137.30m
Debt
Interest coverage ratio | 3.5x |
Cash | ₹3.44m |
Equity | ₹301.17m |
Total liabilities | ₹218.83m |
Total assets | ₹520.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526851's short term assets (₹189.2M) exceed its short term liabilities (₹91.7M).
Long Term Liabilities: 526851's short term assets (₹189.2M) exceed its long term liabilities (₹127.1M).
Debt to Equity History and Analysis
Debt Level: 526851's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: 526851's debt to equity ratio has reduced from 152% to 45.6% over the past 5 years.
Debt Coverage: 526851's debt is well covered by operating cash flow (68.6%).
Interest Coverage: 526851's interest payments on its debt are well covered by EBIT (3.5x coverage).