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
Dynamic Cables (NSE:DYCL) Is Investing Its Capital With Increasing Efficiency
Apr 05
Dynamic 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 (₹3.7B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: DYCL's short term assets (₹3.7B) exceed its long term liabilities (₹98.7M).
Debt to Equity History and Analysis
Debt Level: DYCL's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: DYCL's debt to equity ratio has reduced from 144.6% to 58.7% over the past 5 years.
Debt Coverage: DYCL's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: DYCL's interest payments on its debt are well covered by EBIT (4.1x coverage).