Universal Cables Balance Sheet Health
Financial Health criteria checks 3/6
Universal Cables has a total shareholder equity of ₹18.2B and total debt of ₹8.2B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are ₹35.8B and ₹17.6B respectively. Universal Cables's EBIT is ₹1.6B making its interest coverage ratio 2. It has cash and short-term investments of ₹78.7M.
Key information
45.3%
Debt to equity ratio
₹8.25b
Debt
| Interest coverage ratio | 2x |
| Cash | ₹78.68m |
| Equity | ₹18.21b |
| Total liabilities | ₹17.62b |
| Total assets | ₹35.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504212's short term assets (₹16.0B) exceed its short term liabilities (₹11.4B).
Long Term Liabilities: 504212's short term assets (₹16.0B) exceed its long term liabilities (₹6.3B).
Debt to Equity History and Analysis
Debt Level: 504212's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: 504212's debt to equity ratio has reduced from 57.9% to 45.3% over the past 5 years.
Debt Coverage: 504212's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: 504212's interest payments on its debt are not well covered by EBIT (2x coverage).