Rex Trueform Group Balance Sheet Health
Financial Health criteria checks 2/6
Rex Trueform Group has a total shareholder equity of ZAR461.6M and total debt of ZAR394.8M, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are ZAR1.1B and ZAR681.5M respectively. Rex Trueform Group's EBIT is ZAR34.3M making its interest coverage ratio 1.8. It has cash and short-term investments of ZAR48.3M.
Key information
85.5%
Debt to equity ratio
R394.82m
Debt
| Interest coverage ratio | 1.8x |
| Cash | R48.30m |
| Equity | R461.65m |
| Total liabilities | R681.49m |
| Total assets | R1.14b |
Recent financial health updates
Rex Trueform Group (JSE:RTN) Has A Somewhat Strained Balance Sheet
Nov 22
Is Rex Trueform Group (JSE:RTN) Weighed On By Its Debt Load?
Mar 29Recent updates
Benign Growth For Rex Trueform Group Limited (JSE:RTN) Underpins Stock's 28% Plummet
Jun 19Rex Trueform Group's (JSE:RTN) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 03There Is A Reason Rex Trueform Group Limited's (JSE:RTN) Price Is Undemanding
Feb 20Should You Be Adding Rex Trueform Group (JSE:RTN) To Your Watchlist Today?
Mar 24Rex Trueform Group (JSE:RTN) Has A Somewhat Strained Balance Sheet
Nov 22Estimating The Intrinsic Value Of Rex Trueform Group Limited (JSE:RTN)
Oct 01Is Rex Trueform Group (JSE:RTN) Weighed On By Its Debt Load?
Mar 29Financial Position Analysis
Short Term Liabilities: RTN's short term assets (ZAR214.1M) exceed its short term liabilities (ZAR153.8M).
Long Term Liabilities: RTN's short term assets (ZAR214.1M) do not cover its long term liabilities (ZAR527.7M).
Debt to Equity History and Analysis
Debt Level: RTN's net debt to equity ratio (75.1%) is considered high.
Reducing Debt: RTN's debt to equity ratio has increased from 23.4% to 85.5% over the past 5 years.
Debt Coverage: RTN's debt is well covered by operating cash flow (28.9%).
Interest Coverage: RTN's interest payments on its debt are not well covered by EBIT (1.8x coverage).