Universal Cables Balance Sheet Health
Financial Health criteria checks 3/6
Universal Cables has a total shareholder equity of ₹18.2B and total debt of ₹8.2B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are ₹35.8B and ₹17.6B respectively. Universal Cables's EBIT is ₹1.6B making its interest coverage ratio 2. It has cash and short-term investments of ₹78.7M.
Key information
45.3%
Debt to equity ratio
₹8.25b
Debt
| Interest coverage ratio | 2x |
| Cash | ₹78.68m |
| Equity | ₹18.21b |
| Total liabilities | ₹17.62b |
| Total assets | ₹35.83b |
Recent financial health updates
Is Universal Cables (NSE:UNIVCABLES) A Risky Investment?
Mar 27
Here's Why Universal Cables (NSE:UNIVCABLES) Can Manage Its Debt Responsibly
Jul 22Here's Why Universal Cables (NSE:UNIVCABLES) Has A Meaningful Debt Burden
Dec 22We Think Universal Cables (NSE:UNIVCABLES) Is Taking Some Risk With Its Debt
Jun 28We Think Universal Cables (NSE:UNIVCABLES) Is Taking Some Risk With Its Debt
Feb 17Is Universal Cables (NSE:UNIVCABLES) A Risky Investment?
Mar 02Recent updates
Universal Cables Limited (NSE:UNIVCABLES) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Jul 29Universal Cables Limited's (NSE:UNIVCABLES) CEO Compensation Is Looking A Bit Stretched At The Moment
Jul 27Universal Cables' (NSE:UNIVCABLES) Returns On Capital Not Reflecting Well On The Business
Jun 08Universal Cables Limited (NSE:UNIVCABLES) Held Back By Insufficient Growth Even After Shares Climb 34%
Jun 08Universal Cables Limited (NSE:UNIVCABLES) Stock Rockets 26% But Many Are Still Ignoring The Company
Apr 12Is Universal Cables (NSE:UNIVCABLES) A Risky Investment?
Mar 27Universal Cables (NSE:UNIVCABLES) Is Paying Out A Larger Dividend Than Last Year
Aug 19Here's Why Universal Cables (NSE:UNIVCABLES) Can Manage Its Debt Responsibly
Jul 22Return Trends At Universal Cables (NSE:UNIVCABLES) Aren't Appealing
Jun 21Here's Why Universal Cables (NSE:UNIVCABLES) Has A Meaningful Debt Burden
Dec 22Universal Cables (NSE:UNIVCABLES) Is Increasing Its Dividend To ₹1.50
Sep 02Some Investors May Be Worried About Universal Cables' (NSE:UNIVCABLES) Returns On Capital
Aug 22We Think Universal Cables (NSE:UNIVCABLES) Is Taking Some Risk With Its Debt
Jun 28Universal Cables' (NSE:UNIVCABLES) Returns On Capital Not Reflecting Well On The Business
May 12We Think Universal Cables (NSE:UNIVCABLES) Is Taking Some Risk With Its Debt
Feb 17Universal Cables' (NSE:UNIVCABLES) Returns On Capital Not Reflecting Well On The Business
Dec 30Calculating The Intrinsic Value Of Universal Cables Limited (NSE:UNIVCABLES)
Aug 22Universal Cables (NSE:UNIVCABLES) Will Will Want To Turn Around Its Return Trends
Apr 06Is Universal Cables (NSE:UNIVCABLES) A Risky Investment?
Mar 02Does Universal Cables Limited (NSE:UNIVCABLES) Have A Place In Your Dividend Portfolio?
Feb 01Did You Miss Universal Cables' (NSE:UNIVCABLES) 63% Share Price Gain?
Jan 04
The Trends At Universal Cables (NSE:UNIVCABLES) That You Should Know About
Dec 09Universal Cables (NSE:UNIVCABLES) Seems To Be Using A Lot Of Debt
Nov 13What To Know Before Buying Universal Cables Limited (NSE:UNIVCABLES) For Its Dividend
Oct 13If You Had Bought Universal Cables (NSE:UNIVCABLES) Stock Five Years Ago, You Could Pocket A 191% Gain Today
Sep 08Financial Position Analysis
Short Term Liabilities: UNIVCABLES's short term assets (₹16.0B) exceed its short term liabilities (₹11.4B).
Long Term Liabilities: UNIVCABLES's short term assets (₹16.0B) exceed its long term liabilities (₹6.3B).
Debt to Equity History and Analysis
Debt Level: UNIVCABLES's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: UNIVCABLES's debt to equity ratio has reduced from 57.9% to 45.3% over the past 5 years.
Debt Coverage: UNIVCABLES's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: UNIVCABLES's interest payments on its debt are not well covered by EBIT (2x coverage).