Finolex Cables Balance Sheet Health
Financial Health criteria checks 6/6
Finolex Cables has a total shareholder equity of ₹51.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹61.0B and ₹9.1B respectively. Finolex Cables's EBIT is ₹4.8B making its interest coverage ratio -11.5. It has cash and short-term investments of ₹27.5B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -11.5x |
| Cash | ₹27.55b |
| Equity | ₹51.92b |
| Total liabilities | ₹9.09b |
| Total assets | ₹61.01b |
Recent financial health updates
Recent updates
Concerns Surrounding Finolex Cables' (NSE:FINCABLES) Performance
Nov 20
Finolex Cables (NSE:FINCABLES) May Have Issues Allocating Its Capital
Sep 24Finolex Cables (NSE:FINCABLES) Is Increasing Its Dividend To ₹8.00
Sep 09Pinning Down Finolex Cables Limited's (NSE:FINCABLES) P/E Is Difficult Right Now
Aug 27If EPS Growth Is Important To You, Finolex Cables (NSE:FINCABLES) Presents An Opportunity
Aug 03Is It Time To Consider Buying Finolex Cables Limited (NSE:FINCABLES)?
Jul 17Finolex Cables Limited's (NSE:FINCABLES) Shares Climb 27% But Its Business Is Yet to Catch Up
May 25Finolex 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 09Financial Position Analysis
Short Term Liabilities: FINCABLES's short term assets (₹36.9B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: FINCABLES's short term assets (₹36.9B) exceed its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: FINCABLES is debt free.
Reducing Debt: FINCABLES has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Debt Coverage: FINCABLES has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FINCABLES has no debt, therefore coverage of interest payments is not a concern.