Dynamic Cables Balance Sheet Health
Financial Health criteria checks 6/6
Dynamic Cables has a total shareholder equity of ₹3.3B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are ₹5.7B and ₹2.3B respectively. Dynamic Cables's EBIT is ₹789.5M making its interest coverage ratio 5.4. It has cash and short-term investments of ₹1.1B.
Key information
35.2%
Debt to equity ratio
₹1.18b
Debt
| Interest coverage ratio | 5.4x |
| Cash | ₹1.08b |
| Equity | ₹3.35b |
| Total liabilities | ₹2.32b |
| Total assets | ₹5.67b |
Recent financial health updates
No updates
Recent updates
Earnings Tell The Story For Dynamic Cables Limited (NSE:DYCL) As Its Stock Soars 32%
Oct 29
Dynamic Cables (NSE:DYCL) Is Reinvesting At Lower Rates Of Return
Oct 24Dynamic Cables (NSE:DYCL) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 22Investors Still Aren't Entirely Convinced By Dynamic Cables Limited's (NSE:DYCL) Earnings Despite 28% Price Jump
May 21Dynamic Cables (NSE:DYCL) Is Investing Its Capital With Increasing Efficiency
Apr 05Dynamic Cables Limited's (NSE:DYCL) Shares Not Telling The Full Story
Feb 02Returns on Capital Paint A Bright Future For Dynamic Cables (NSE:DYCL)
Nov 13Should You Be Adding Dynamic Cables (NSE:DYCL) To Your Watchlist Today?
Oct 16Investors Shouldn't Overlook Dynamic Cables' (NSE:DYCL) Impressive Returns On Capital
Aug 11A Look At The Intrinsic Value Of Dynamic Cables Limited (NSE:DYCL)
May 25Estimating The Intrinsic Value Of Dynamic Cables Limited (NSE:DYCL)
Dec 15Improved Earnings Required Before Dynamic Cables Limited (NSE:DYCL) Stock's 33% Jump Looks Justified
Oct 28Dynamic Cables' (NSE:DYCL) Robust Earnings Are Supported By Other Strong Factors
Aug 07Financial Position Analysis
Short Term Liabilities: DYCL's short term assets (₹4.7B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: DYCL's short term assets (₹4.7B) exceed its long term liabilities (₹55.6M).
Debt to Equity History and Analysis
Debt Level: DYCL's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: DYCL's debt to equity ratio has reduced from 130.8% to 35.2% over the past 5 years.
Debt Coverage: DYCL's debt is well covered by operating cash flow (22.1%).
Interest Coverage: DYCL's interest payments on its debt are well covered by EBIT (5.4x coverage).