Refex Industries Limited (REFEX) — Cash Flow-to-Debt Ratio
Refex Industries Limited (REFEX) has a Cash Flow-to-Debt Ratio of 0.10x as of September 2025, meaning its operating cash flow of Rs738.52 Million could theoretically repay 0% of its total liabilities (Rs7.71 Billion) in one year. See Refex Industries Limited free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Refex Industries Limited Cash Flow-to-Debt Ratio (2005–2026)
Historical debt coverage capacity for Refex Industries Limited across 21 annual periods. For the full cash flow conversion analysis, see REFEX cash generation efficiency.
Annual Cash Flow-to-Debt Ratio for Refex Industries Limited (2005–2026)
Year-by-year debt coverage analysis for Refex Industries Limited. Check Refex Industries Limited cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.06x | Rs795.44 Million | Rs13.34 Billion | ▲ +113.2% |
| 2025 | -0.45x | Rs-2.65 Billion | Rs5.87 Billion | ▼ -5374.1% |
| 2024 | 0.01x | Rs28.51 Million | Rs3.33 Billion | ▼ -86.4% |
| 2023 | 0.06x | Rs276.15 Million | Rs4.38 Billion | ▲ +173.3% |
| 2022 | -0.09x | Rs-169.50 Million | Rs1.97 Billion | ▼ -114.1% |
| 2021 | 0.61x | Rs1.23 Billion | Rs2.02 Billion | ▲ +219.3% |
| 2020 | 0.19x | Rs118.84 Million | Rs621.15 Million | ▼ -49.9% |
| 2019 | 0.38x | Rs441.86 Million | Rs1.16 Billion | ▲ +1127.4% |
| 2018 | -0.04x | Rs-32.25 Million | Rs868.04 Million | ▼ -144.7% |
| 2017 | 0.08x | Rs41.50 Million | Rs498.87 Million | ▲ +136.7% |
| 2016 | -0.23x | Rs-247.44 Million | Rs1.09 Billion | ▼ -713.4% |
| 2015 | 0.04x | Rs24.26 Million | Rs655.79 Million | ▼ -85.8% |
| 2014 | 0.26x | Rs88.28 Million | Rs339.38 Million | ▲ +218.5% |
| 2013 | -0.22x | Rs-116.32 Million | Rs529.72 Million | ▼ -597.6% |
| 2012 | 0.04x | Rs24.66 Million | Rs558.80 Million | ▼ -65.2% |
| 2011 | 0.13x | Rs83.16 Million | Rs654.86 Million | ▲ +221.4% |
| 2009 | -0.10x | Rs-61.28 Million | Rs586.10 Million | ▼ -261.0% |
| 2008 | -0.03x | Rs-8.17 Million | Rs282.08 Million | ▲ +93.7% |
| 2007 | -0.46x | Rs-98.74 Million | Rs214.45 Million | ▼ -221.6% |
| 2006 | 0.38x | Rs9.68 Million | Rs25.56 Million | ▼ -60.4% |
| 2005 | 0.96x | Rs4.40 Million | Rs4.59 Million | — |