Finolex Cables Balance Sheet Health
Financial Health criteria checks 5/6
Finolex Cables has a total shareholder equity of ₹46.0B and total debt of ₹191.3M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹53.4B and ₹7.4B respectively. Finolex Cables's EBIT is ₹5.3B making its interest coverage ratio -11.2. It has cash and short-term investments of ₹25.7B.
Key information
0.4%
Debt to equity ratio
₹191.30m
Debt
Interest coverage ratio | -11.2x |
Cash | ₹25.75b |
Equity | ₹45.99b |
Total liabilities | ₹7.38b |
Total assets | ₹53.37b |
Recent financial health updates
Recent updates
Finolex Cables (NSE:FINCABLES) Is Reinvesting At Lower Rates Of Return
Apr 20Is Now The Time To Put Finolex Cables (NSE:FINCABLES) On Your Watchlist?
Mar 27We Think Finolex Cables (NSE:FINCABLES) Can Manage Its Debt With Ease
Feb 18Be Wary Of Finolex Cables (NSE:FINCABLES) And Its Returns On Capital
Jan 16Here's Why We Think Finolex Cables (NSE:FINCABLES) Is Well Worth Watching
Dec 20Finolex Cables (NSE:FINCABLES) Has Announced That It Will Be Increasing Its Dividend To ₹7.00
Sep 16Finolex Cables' (NSE:FINCABLES) Upcoming Dividend Will Be Larger Than Last Year's
Sep 02Finolex Cables' (NSE:FINCABLES) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 19Finolex Cables (NSE:FINCABLES) Might Be Having Difficulty Using Its Capital Effectively
May 25Finolex Cables (NSE:FINCABLES) Will Want To Turn Around Its Return Trends
Feb 15Do Finolex Cables' (NSE:FINCABLES) Earnings Warrant Your Attention?
Oct 22Finolex Cables' (NSE:FINCABLES) Upcoming Dividend Will Be Larger Than Last Year's
Sep 12Finolex Cables (NSE:FINCABLES) Is Paying Out A Larger Dividend Than Last Year
Aug 28What Is Finolex Cables Limited's (NSE:FINCABLES) Share Price Doing?
Aug 18The Returns On Capital At Finolex Cables (NSE:FINCABLES) Don't Inspire Confidence
Aug 03Do Finolex Cables's (NSE:FINCABLES) Earnings Warrant Your Attention?
May 06Capital Allocation Trends At Finolex Cables (NSE:FINCABLES) Aren't Ideal
Jan 21Calculating The Fair Value Of Finolex Cables Limited (NSE:FINCABLES)
Dec 17What Is Finolex Cables Limited's (NSE:FINCABLES) Share Price Doing?
Nov 08Finolex Cables (NSE:FINCABLES) Has Re-Affirmed Its Dividend Of ₹5.50
Sep 08Here's Why I Think Finolex Cables (NSE:FINCABLES) Is An Interesting Stock
Aug 09Finolex Cables (NSE:FINCABLES) Might Be Having Difficulty Using Its Capital Effectively
Jul 14Is It Too Late To Consider Buying Finolex Cables Limited (NSE:FINCABLES)?
May 15Is Finolex Cables Limited (NSE:FINCABLES) A Smart Pick For Income Investors?
Apr 05Will Finolex Cables (NSE:FINCABLES) Multiply In Value Going Forward?
Mar 21What Kind Of Investors Own Most Of Finolex Cables Limited (NSE:FINCABLES)?
Mar 06Update: Finolex Cables (NSE:FINCABLES) Stock Gained 62% In The Last Five Years
Feb 19Why Finolex Cables Limited (NSE:FINCABLES) Could Be Worth Watching
Feb 04Has Finolex Cables Limited's (NSE:FINCABLES) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Jan 20You Have To Love Finolex Cables Limited's (NSE:FINCABLES) Dividend
Jan 05Are Finolex Cables's (NSE:FINCABLES) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 21What Is The Ownership Structure Like For Finolex Cables Limited (NSE:FINCABLES)?
Dec 05Financial Position Analysis
Short Term Liabilities: FINCABLES's short term assets (₹34.8B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: FINCABLES's short term assets (₹34.8B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: FINCABLES has more cash than its total debt.
Reducing Debt: FINCABLES's debt to equity ratio has increased from 0.01% to 0.4% over the past 5 years.
Debt Coverage: FINCABLES's debt is well covered by operating cash flow (2317.9%).
Interest Coverage: FINCABLES earns more interest than it pays, so coverage of interest payments is not a concern.