Precision Wires India Balance Sheet Health
Financial Health criteria checks 5/6
Precision Wires India has a total shareholder equity of ₹5.1B and total debt of ₹986.1M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are ₹10.6B and ₹5.6B respectively. Precision Wires India's EBIT is ₹1.3B making its interest coverage ratio 3.3. It has cash and short-term investments of ₹1.3B.
Key information
19.5%
Debt to equity ratio
₹986.14m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹1.28b |
| Equity | ₹5.06b |
| Total liabilities | ₹5.56b |
| Total assets | ₹10.62b |
Recent financial health updates
Recent updates
Shareholders May Not Be So Generous With Precision Wires India Limited's (NSE:PRECWIRE) CEO Compensation And Here's Why
Sep 14
Precision Wires India Limited (NSE:PRECWIRE) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Sep 06Precision Wires India Limited (NSE:PRECWIRE) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Jun 25Precision Wires India (NSE:PRECWIRE) Will Pay A Dividend Of ₹0.30
Feb 12Precision Wires India Limited's (NSE:PRECWIRE) P/E Is Still On The Mark Following 27% Share Price Bounce
Feb 02Precision Wires India's (NSE:PRECWIRE) Dividend Will Be Reduced To ₹0.36
Aug 27Precision Wires India (NSE:PRECWIRE) Is Reducing Its Dividend To ₹0.36
Aug 13Returns On Capital At Precision Wires India (NSE:PRECWIRE) Paint A Concerning Picture
Jun 05Precision Wires India (NSE:PRECWIRE) Has Affirmed Its Dividend Of ₹0.80
Aug 22Precision Wires India (NSE:PRECWIRE) Has Affirmed Its Dividend Of ₹0.50
Aug 08Here's Why I Think Precision Wires India (NSE:PRECWIRE) Is An Interesting Stock
Apr 06Precision Wires India (NSE:PRECWIRE) Is Achieving High Returns On Its Capital
Jan 13Precision Wires India's (NSE:PRECWIRE) Dividend Will Be Increased To ₹1.75
Nov 05Shareholders May Not Be So Generous With Precision Wires India Limited's (NSE:PRECWIRE) CEO Compensation And Here's Why
Aug 25Precision Wires India (NSE:PRECWIRE) Hasn't Managed To Accelerate Its Returns
Jun 07Precision Wires India (NSE:PRECWIRE) Seems To Use Debt Quite Sensibly
Mar 11Be Sure To Check Out Precision Wires India Ltd. (NSE:PRECWIRE) Before It Goes Ex-Dividend
Feb 18Our Take On The Returns On Capital At Precision Wires India (NSE:PRECWIRE)
Feb 09Do Its Financials Have Any Role To Play In Driving Precision Wires India Ltd.'s (NSE:PRECWIRE) Stock Up Recently?
Jan 27
Need To Know: Precision Wires India Ltd. (NSE:PRECWIRE) Insiders Have Been Buying Shares
Jan 12How Should Investors React To Precision Wires India's (NSE:PRECWIRE) CEO Pay?
Dec 30Financial Position Analysis
Short Term Liabilities: PRECWIRE's short term assets (₹9.0B) exceed its short term liabilities (₹5.3B).
Long Term Liabilities: PRECWIRE's short term assets (₹9.0B) exceed its long term liabilities (₹263.3M).
Debt to Equity History and Analysis
Debt Level: PRECWIRE has more cash than its total debt.
Reducing Debt: PRECWIRE's debt to equity ratio has increased from 8.9% to 19.5% over the past 5 years.
Debt Coverage: PRECWIRE's debt is well covered by operating cash flow (60.5%).
Interest Coverage: PRECWIRE's interest payments on its debt are well covered by EBIT (3.3x coverage).