D P Wires Balance Sheet Health
Financial Health criteria checks 5/6
D P Wires has a total shareholder equity of ₹2.1B and total debt of ₹312.9M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are ₹3.1B and ₹988.0M respectively. D P Wires's EBIT is ₹494.1M making its interest coverage ratio 88.1. It has cash and short-term investments of ₹31.8M.
Key information
14.8%
Debt to equity ratio
₹312.91m
Debt
| Interest coverage ratio | 88.1x |
| Cash | ₹31.81m |
| Equity | ₹2.12b |
| Total liabilities | ₹988.02m |
| Total assets | ₹3.10b |
Recent financial health updates
D.P. Wires (NSE:DPWIRES) Seems To Use Debt Quite Sensibly
Aug 18
Is D.P. Wires (NSE:DPWIRES) Using Too Much Debt?
Jul 14Recent updates
D P Wires (NSE:DPWIRES) Is Reinvesting At Lower Rates Of Return
Apr 04Is Now The Time To Put D P Wires (NSE:DPWIRES) On Your Watchlist?
Feb 15D P Wires (NSE:DPWIRES) Is Increasing Its Dividend To ₹1.20
Sep 14D.P. Wires (NSE:DPWIRES) Seems To Use Debt Quite Sensibly
Aug 18Here's What D.P. Wires' (NSE:DPWIRES) Strong Returns On Capital Mean
Apr 18Estimating The Fair Value Of D.P. Wires Limited (NSE:DPWIRES)
Dec 23Is D.P. Wires (NSE:DPWIRES) Using Too Much Debt?
Jul 14Here's Why I Think D.P. Wires (NSE:DPWIRES) Is An Interesting Stock
Apr 15D.P. Wires (NSE:DPWIRES) Is Very Good At Capital Allocation
Mar 14I Ran A Stock Scan For Earnings Growth And D.P. Wires (NSE:DPWIRES) Passed With Ease
Dec 28With EPS Growth And More, D.P. Wires (NSE:DPWIRES) Is Interesting
Sep 22D.P. Wires (NSE:DPWIRES) Could Become A Multi-Bagger
Aug 23If You Like EPS Growth Then Check Out D.P. Wires (NSE:DPWIRES) Before It's Too Late
Jun 23Returns On Capital - An Important Metric For D.P. Wires (NSE:DPWIRES)
Feb 16
Hemant Kataria Just Bought 6.2% More Shares In D.P. Wires Limited (NSE:DPWIRES)
Dec 25Did D.P. Wires Limited (NSE:DPWIRES) Insiders Buy Up More Shares?
Nov 26The CFO & Whole Time Director of D.P. Wires Limited (NSE:DPWIRES), Arvind Kataria, Just Bought 80% More Shares
Nov 26Financial Position Analysis
Short Term Liabilities: DPWIRES's short term assets (₹2.8B) exceed its short term liabilities (₹976.8M).
Long Term Liabilities: DPWIRES's short term assets (₹2.8B) exceed its long term liabilities (₹11.3M).
Debt to Equity History and Analysis
Debt Level: DPWIRES's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: DPWIRES's debt to equity ratio has reduced from 23.7% to 14.8% over the past 5 years.
Debt Coverage: DPWIRES's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DPWIRES's interest payments on its debt are well covered by EBIT (88.1x coverage).