Prime Cable Industries (NSE:PRIMECAB) Debt-to-Asset : 0.31 (As of Mar. 2026)

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NSE:PRIMECAB Prime Cable Industries Ltd NSE:PRIMECAB
18 GF Score
Price ₹180.00
! 3 Warning Signs
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What is Prime Cable Industries Debt-to-Asset?

Prime Cable Industries NSE:PRIMECAB +0.95% 18 Debt-to-Asset is 0.31 as of Mar. 2026. GuruFocus rates NSE:PRIMECAB with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

Prime Cable Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹410 Mil. Prime Cable Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹106 Mil. Prime Cable Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was ₹1,651 Mil. Prime Cable Industries's debt to asset for the quarter that ended in Mar. 2026 was 0.31.

Prime Cable Industries  (NSE:PRIMECAB) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Prime Cable Industries Debt-to-Asset Related Terms

Prime Cable Industries Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Prime Cable Industries's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Prime Cable Industries Debt-to-Asset Chart

Prime Cable Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Asset
0.53 0.58 0.68 0.42 0.31

Prime Cable Industries Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Asset Get a 7-Day Free Trial 0.68 0.00 0.42 0.30 0.31

NSE:PRIMECAB vs VRT, BE: Debt-to-Asset Comparison

For the Electrical Equipment & Parts subindustry, Prime Cable Industries's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Prime Cable Industries Debt-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Prime Cable Industries's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Prime Cable Industries's Debt-to-Asset falls into.


NSE:PRIMECAB
18GF Score
Prime Cable Industries Ltd NSE:PRIMECAB
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Prime Cable Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Prime Cable Industries's Debt-to-Asset for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(409.901 + 105.592) / 1650.627
=0.31

Prime Cable Industries's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(409.901 + 105.592) / 1650.627
=0.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.31 mean?
Prime Cable Industries (NSE:PRIMECAB) has a Debt-to-Asset of 0.31 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Prime Cable Industries and its competitors.
Is Prime Cable Industries' Debt-to-Asset too high?
Prime Cable Industries' current Debt-to-Asset is 0.31. Overall, Prime Cable Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Prime Cable Industries' Debt-to-Asset compare to VRT and BE?
Prime Cable Industries' Debt-to-Asset of 0.31 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Industrial Products company?
A good Debt-to-Asset depends on the Industrial Products industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Prime Cable Industries and its competitors. Prime Cable Industries's current Debt-to-Asset is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Cable Industries stock overvalued right now?
Prime Cable Industries (NSE:PRIMECAB) has a current Debt-to-Asset of 0.31. The current Debt-to-Asset is 0.31. Prime Cable Industries' overall GF Score™ is 18/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Prime Cable Industries (NSE:PRIMECAB), the current Debt-to-Asset is 0.31 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Prime Cable Industries Business Description

Address KD Block Pitampura, Flat No 249 Ground Floor, Rani Bagh, North, West Delhi, Delhi, IND, 110034
Prime Cable Industries Ltd is engaged in the manufacturing and sale of cables and wires. The company manufactures low voltage control cables, power cables, aerial bunch cables, instrumentation cables, housing/building wires and conductors catering to several institutions which includes EPC players, electricity boards, public sector undertakings responsible for generation, transmission and distribution of power (transmission, distribution and generation), oil & gas, mining, steel, real estate, electric panel builders, etc.
18GF Score

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Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹180.00
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