D.P. Wires Balance Sheet Health
Financial Health criteria checks 6/6
D.P. Wires has a total shareholder equity of ₹2.4B and total debt of ₹6.7M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹2.7B and ₹314.0M respectively. D.P. Wires's EBIT is ₹401.9M making its interest coverage ratio -46.3. It has cash and short-term investments of ₹782.0M.
Key information
0.3%
Debt to equity ratio
₹6.68m
Debt
| Interest coverage ratio | -46.3x |
| Cash | ₹781.95m |
| Equity | ₹2.39b |
| Total liabilities | ₹314.04m |
| Total assets | ₹2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543962's short term assets (₹2.4B) exceed its short term liabilities (₹310.3M).
Long Term Liabilities: 543962's short term assets (₹2.4B) exceed its long term liabilities (₹3.7M).
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 8.5% to 0.3% over the past 5 years.
Debt Coverage: 543962's debt is well covered by operating cash flow (16422.7%).
Interest Coverage: 543962 earns more interest than it pays, so coverage of interest payments is not a concern.