Birla Cable Balance Sheet Health
Financial Health criteria checks 3/6
Birla Cable has a total shareholder equity of ₹2.5B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are ₹4.7B and ₹2.3B respectively. Birla Cable's EBIT is ₹450.0M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹47.1M.
Key information
61.9%
Debt to equity ratio
₹1.53b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹47.15m |
| Equity | ₹2.47b |
| Total liabilities | ₹2.27b |
| Total assets | ₹4.74b |
Recent financial health updates
Does Birla Cable (NSE:BIRLACABLE) Have A Healthy Balance Sheet?
Mar 12
Here's Why Birla Cable (NSE:BIRLACABLE) Can Manage Its Debt Responsibly
Sep 09Birla Cable (NSE:BIRLACABLE) Seems To Use Debt Quite Sensibly
May 24Birla Cable (NSE:BIRLACABLE) Seems To Use Debt Quite Sensibly
Jul 19Does Birla Cable (NSE:BIRLACABLE) Have A Healthy Balance Sheet?
Feb 08These 4 Measures Indicate That Birla Cable (NSE:BIRLACABLE) Is Using Debt Reasonably Well
Aug 16Recent updates
It's Down 27% But Birla Cable Limited (NSE:BIRLACABLE) Could Be Riskier Than It Looks
Mar 14Does Birla Cable (NSE:BIRLACABLE) Have A Healthy Balance Sheet?
Mar 12Here's Why Birla Cable (NSE:BIRLACABLE) Can Manage Its Debt Responsibly
Sep 09Birla Cable (NSE:BIRLACABLE) Is Increasing Its Dividend To ₹2.50
Aug 19Birla Cable (NSE:BIRLACABLE) Has More To Do To Multiply In Value Going Forward
Jul 25Birla Cable (NSE:BIRLACABLE) Seems To Use Debt Quite Sensibly
May 24Birla Cable's (NSE:BIRLACABLE) Promising Earnings May Rest On Soft Foundations
Nov 08Birla Cable's (NSE:BIRLACABLE) Returns On Capital Are Heading Higher
Oct 08Birla Cable (NSE:BIRLACABLE) Will Pay A Larger Dividend Than Last Year At ₹1.50
Sep 02Birla Cable (NSE:BIRLACABLE) Seems To Use Debt Quite Sensibly
Jul 19Birla Cable (NSE:BIRLACABLE) Might Have The Makings Of A Multi-Bagger
Jun 17Does Birla Cable (NSE:BIRLACABLE) Have A Healthy Balance Sheet?
Feb 08Birla Cable (NSE:BIRLACABLE) Hasn't Managed To Accelerate Its Returns
Dec 27These 4 Measures Indicate That Birla Cable (NSE:BIRLACABLE) Is Using Debt Reasonably Well
Aug 16Birla Cable's (NSE:BIRLACABLE) Returns On Capital Not Reflecting Well On The Business
May 09We Think Birla Cable (NSE:BIRLACABLE) Is Taking Some Risk With Its Debt
Mar 17Birla Cable Limited's (NSE:BIRLACABLE) Stock Is Going Strong: Have Financials A Role To Play?
Feb 10
What Do The Returns On Capital At Birla Cable (NSE:BIRLACABLE) Tell Us?
Jan 06Is Birla Cable (NSE:BIRLACABLE) Using Too Much Debt?
Dec 02Financial Position Analysis
Short Term Liabilities: BIRLACABLE's short term assets (₹3.2B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: BIRLACABLE's short term assets (₹3.2B) exceed its long term liabilities (₹856.7M).
Debt to Equity History and Analysis
Debt Level: BIRLACABLE's net debt to equity ratio (60%) is considered high.
Reducing Debt: BIRLACABLE's debt to equity ratio has increased from 21% to 61.9% over the past 5 years.
Debt Coverage: BIRLACABLE's debt is not well covered by operating cash flow (10%).
Interest Coverage: BIRLACABLE's interest payments on its debt are well covered by EBIT (3.9x coverage).