DCG Cables & Wires Balance Sheet Health
Financial Health criteria checks 3/6
DCG Cables & Wires has a total shareholder equity of ₹240.7M and total debt of ₹260.7M, which brings its debt-to-equity ratio to 108.3%. Its total assets and total liabilities are ₹852.7M and ₹611.9M respectively. DCG Cables & Wires's EBIT is ₹151.4M making its interest coverage ratio 5.2. It has cash and short-term investments of ₹22.1M.
Key information
108.3%
Debt to equity ratio
₹260.73m
Debt
| Interest coverage ratio | 5.2x |
| Cash | ₹22.08m |
| Equity | ₹240.72m |
| Total liabilities | ₹611.94m |
| Total assets | ₹852.66m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DCG's short term assets (₹735.8M) exceed its short term liabilities (₹555.7M).
Long Term Liabilities: DCG's short term assets (₹735.8M) exceed its long term liabilities (₹56.2M).
Debt to Equity History and Analysis
Debt Level: DCG's net debt to equity ratio (99.1%) is considered high.
Reducing Debt: Insufficient data to determine if DCG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DCG's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: DCG's interest payments on its debt are well covered by EBIT (5.2x coverage).