Rex Sealing and Packing Industries Balance Sheet Health
Financial Health criteria checks 4/6
Rex Sealing and Packing Industries has a total shareholder equity of ₹162.1M and total debt of ₹33.3M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are ₹244.7M and ₹82.6M respectively. Rex Sealing and Packing Industries's EBIT is ₹46.6M making its interest coverage ratio 15.1. It has cash and short-term investments of ₹1.9M.
Key information
20.6%
Debt to equity ratio
₹33.33m
Debt
| Interest coverage ratio | 15.1x |
| Cash | ₹1.89m |
| Equity | ₹162.08m |
| Total liabilities | ₹82.57m |
| Total assets | ₹244.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543744's short term assets (₹212.4M) exceed its short term liabilities (₹72.2M).
Long Term Liabilities: 543744's short term assets (₹212.4M) exceed its long term liabilities (₹10.4M).
Debt to Equity History and Analysis
Debt Level: 543744's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543744's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543744's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543744's interest payments on its debt are well covered by EBIT (15.1x coverage).