Universal Cables Balance Sheet Health
Financial Health criteria checks 3/6
Universal Cables has a total shareholder equity of ₹17.8B and total debt of ₹7.7B, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are ₹33.2B and ₹15.4B respectively. Universal Cables's EBIT is ₹1.4B making its interest coverage ratio 1.5. It has cash and short-term investments of ₹50.2M.
Key information
43.3%
Debt to equity ratio
₹7.69b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹50.23m |
| Equity | ₹17.75b |
| Total liabilities | ₹15.45b |
| Total assets | ₹33.20b |
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' (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 08Here's What We Think About Universal Cables' (NSE:UNIVCABLES) CEO Pay
Aug 10Will The ROCE Trend At Universal Cables (NSE:UNIVCABLES) Continue?
Jul 20Is Universal Cables Limited (NSE:UNIVCABLES) A Smart Pick For Income Investors?
Jun 29Financial Position Analysis
Short Term Liabilities: UNIVCABLES's short term assets (₹14.4B) exceed its short term liabilities (₹10.0B).
Long Term Liabilities: UNIVCABLES's short term assets (₹14.4B) exceed its long term liabilities (₹5.5B).
Debt to Equity History and Analysis
Debt Level: UNIVCABLES's net debt to equity ratio (43%) is considered high.
Reducing Debt: UNIVCABLES's debt to equity ratio has reduced from 54.2% to 43.3% over the past 5 years.
Debt Coverage: UNIVCABLES's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: UNIVCABLES's interest payments on its debt are not well covered by EBIT (1.5x coverage).