Rex Sealing and Packing Industries Balance Sheet Health
Financial Health criteria checks 3/6
Rex Sealing and Packing Industries has a total shareholder equity of ₹130.0M and total debt of ₹21.4M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are ₹183.3M and ₹53.3M respectively. Rex Sealing and Packing Industries's EBIT is ₹3.0M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹2.1M.
Key information
16.5%
Debt to equity ratio
₹21.41m
Debt
Interest coverage ratio | 0.8x |
Cash | ₹2.12m |
Equity | ₹129.96m |
Total liabilities | ₹53.32m |
Total assets | ₹183.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543744's short term assets (₹151.8M) exceed its short term liabilities (₹44.6M).
Long Term Liabilities: 543744's short term assets (₹151.8M) exceed its long term liabilities (₹8.7M).
Debt to Equity History and Analysis
Debt Level: 543744's net debt to equity ratio (14.8%) 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 not well covered by EBIT (0.8x coverage).