D.P. Wires Balance Sheet Health
Financial Health criteria checks 6/6
D.P. Wires has a total shareholder equity of ₹2.3B and total debt of ₹10.7M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹2.6B and ₹361.4M respectively. D.P. Wires's EBIT is ₹409.4M making its interest coverage ratio 21.4. It has cash and short-term investments of ₹469.8M.
Key information
0.5%
Debt to equity ratio
₹10.69m
Debt
| Interest coverage ratio | 21.4x |
| Cash | ₹469.78m |
| Equity | ₹2.26b |
| Total liabilities | ₹361.45m |
| Total assets | ₹2.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543962's short term assets (₹2.3B) exceed its short term liabilities (₹351.8M).
Long Term Liabilities: 543962's short term assets (₹2.3B) exceed its long term liabilities (₹9.6M).
Debt to Equity History and Analysis
Debt Level: 543962 has more cash than its total debt.
Reducing Debt: 543962's debt to equity ratio has reduced from 27.3% to 0.5% over the past 5 years.
Debt Coverage: 543962's debt is well covered by operating cash flow (2203.9%).
Interest Coverage: 543962's interest payments on its debt are well covered by EBIT (21.4x coverage).