Refex Industries (BOM:532884) Cash-to-Debt : 1.09 (As of Mar. 2025)

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What is Refex Industries Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Refex Industries's cash to debt ratio for the quarter that ended in Mar. 2025 was 1.09.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Refex Industries could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for Refex Industries's Cash-to-Debt or its related term are showing as below:

BOM:532884' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 10.05
Current: 1.09

During the past 13 years, Refex Industries's highest Cash to Debt Ratio was 10.05. The lowest was 0.01. And the median was 0.10.

BOM:532884's Cash-to-Debt is ranked worse than
56% of 175 companies
in the Other Energy Sources industry
Industry Median: 1.77 vs BOM:532884: 1.09

Refex Industries Cash-to-Debt Historical Data

The historical data trend for Refex Industries's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Refex Industries Cash-to-Debt Chart

Refex Industries Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Cash-to-Debt

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0.23

0.01

0.14

0.07

1.09

Refex Industries Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															0.07	N/A	0.24	N/A	1.09

Competitive Comparison of Refex Industries's Cash-to-Debt

For the Thermal Coal subindustry, Refex Industries's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Refex Industries's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Refex Industries's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Refex Industries's Cash-to-Debt falls into.

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Refex Industries Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Refex Industries's Cash to Debt Ratio for the fiscal year that ended in Mar. 2025 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3118.128	/	(976.636	+	1883.973)
	=	1.09

Refex Industries's Cash to Debt Ratio for the quarter that ended in Mar. 2025 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3118.128	/	(976.636	+	1883.973)
	=	1.09

Refex Industries (BOM:532884) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Refex Industries Cash-to-Debt Related Terms

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Refex Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Refex Industries Ltd (BOM:532884) » Definitions » Cash-to-Debt

Traded in Other Exchanges

REFEX:India

Address

Refex Building, 67, Bazullah Road, Parthasarathy Puram, T Nagar, Chennai, TN, IND, 600017

Website

https://www.refex.co.in

Refex Industries Ltd is a manufacturer and refiller of refrigerant gases. The company's operating segment includes Coal & Ash Handling Business, Solar Power - Generation and Related Activities, Refrigerant Gas- (Refilling) and Sales, Sale Of Services, Power Trading, and Others. Geographically, the business activities are operated throughout the region of India.

Refex Industries Headlines

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