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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 22:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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
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Analyst Sources
Rex Trueform Group 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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