Dynamic Cables Balance Sheet Health
Financial Health criteria checks 4/6
Dynamic Cables has a total shareholder equity of ₹1.9B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are ₹4.4B and ₹2.5B respectively. Dynamic Cables's EBIT is ₹629.0M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹332.6M.
Key information
58.7%
Debt to equity ratio
₹1.13b
Debt
Interest coverage ratio | 4.1x |
Cash | ₹332.57m |
Equity | ₹1.93b |
Total liabilities | ₹2.47b |
Total assets | ₹4.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540795's short term assets (₹3.7B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 540795's short term assets (₹3.7B) exceed its long term liabilities (₹98.7M).
Debt to Equity History and Analysis
Debt Level: 540795's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: 540795's debt to equity ratio has reduced from 144.6% to 58.7% over the past 5 years.
Debt Coverage: 540795's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: 540795's interest payments on its debt are well covered by EBIT (4.1x coverage).