Precision Wires India Balance Sheet Health
Financial Health criteria checks 5/6
Precision Wires India has a total shareholder equity of ₹4.8B and total debt of ₹475.6M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ₹9.2B and ₹4.4B respectively. Precision Wires India's EBIT is ₹1.0B making its interest coverage ratio 3.8. It has cash and short-term investments of ₹919.4M.
Key information
10.0%
Debt to equity ratio
₹475.64m
Debt
Interest coverage ratio | 3.8x |
Cash | ₹919.35m |
Equity | ₹4.77b |
Total liabilities | ₹4.42b |
Total assets | ₹9.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523539's short term assets (₹7.7B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: 523539's short term assets (₹7.7B) exceed its long term liabilities (₹244.4M).
Debt to Equity History and Analysis
Debt Level: 523539 has more cash than its total debt.
Reducing Debt: 523539's debt to equity ratio has increased from 2.9% to 10% over the past 5 years.
Debt Coverage: 523539's debt is well covered by operating cash flow (210.8%).
Interest Coverage: 523539's interest payments on its debt are well covered by EBIT (3.8x coverage).