Rex Trueform Group Balance Sheet Health
Financial Health criteria checks 2/6
Rex Trueform Group has a total shareholder equity of ZAR476.2M and total debt of ZAR312.2M, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are ZAR1.1B and ZAR642.5M respectively. Rex Trueform Group's EBIT is ZAR42.6M making its interest coverage ratio 2.5. It has cash and short-term investments of ZAR64.7M.
Key information
65.6%
Debt to equity ratio
R312.25m
Debt
| Interest coverage ratio | 2.5x |
| Cash | R64.65m |
| Equity | R476.19m |
| Total liabilities | R642.48m |
| Total assets | R1.12b |
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 (ZAR267.9M) exceed its short term liabilities (ZAR162.3M).
Long Term Liabilities: RTN's short term assets (ZAR267.9M) do not cover its long term liabilities (ZAR480.2M).
Debt to Equity History and Analysis
Debt Level: RTN's net debt to equity ratio (52%) is considered high.
Reducing Debt: RTN's debt to equity ratio has increased from 0% to 65.6% over the past 5 years.
Debt Coverage: RTN's debt is well covered by operating cash flow (28.6%).
Interest Coverage: RTN's interest payments on its debt are not well covered by EBIT (2.5x coverage).