Universal Cables Balance Sheet Health
Financial Health criteria checks 3/6
Universal Cables has a total shareholder equity of ₹16.7B and total debt of ₹7.6B, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are ₹31.8B and ₹15.1B respectively. Universal Cables's EBIT is ₹1.4B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹56.7M.
Key information
45.6%
Debt to equity ratio
₹7.61b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹56.70m |
Equity | ₹16.68b |
Total liabilities | ₹15.07b |
Total assets | ₹31.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504212's short term assets (₹13.9B) exceed its short term liabilities (₹9.3B).
Long Term Liabilities: 504212's short term assets (₹13.9B) exceed its long term liabilities (₹5.8B).
Debt to Equity History and Analysis
Debt Level: 504212's net debt to equity ratio (45.2%) is considered high.
Reducing Debt: 504212's debt to equity ratio has reduced from 52.7% to 45.6% over the past 5 years.
Debt Coverage: 504212's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 504212's interest payments on its debt are not well covered by EBIT (1.7x coverage).