DCG Cables & Wires Balance Sheet Health
Financial Health criteria checks 4/6
DCG Cables & Wires has a total shareholder equity of ₹758.2M and total debt of ₹238.8M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are ₹1.1B and ₹359.4M respectively. DCG Cables & Wires's EBIT is ₹152.4M making its interest coverage ratio 5.2. It has cash and short-term investments of ₹29.6M.
Key information
31.5%
Debt to equity ratio
₹238.79m
Debt
| Interest coverage ratio | 5.2x |
| Cash | ₹29.60m |
| Equity | ₹758.24m |
| Total liabilities | ₹359.37m |
| Total assets | ₹1.12b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DCG's short term assets (₹960.9M) exceed its short term liabilities (₹320.1M).
Long Term Liabilities: DCG's short term assets (₹960.9M) exceed its long term liabilities (₹39.2M).
Debt to Equity History and Analysis
Debt Level: DCG's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DCG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DCG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DCG's interest payments on its debt are well covered by EBIT (5.2x coverage).