DCG Cables & Wires (NSE:DCG) Debt-to-Equity: 0.45 (As of Mar. 2025) — 62% Below Median

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NSE:DCG DCG Cables & Wires Ltd NSE:DCG
18 GF Score
Price ₹55.45
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What is DCG Cables & Wires Debt-to-Equity?

DCG Cables & Wires NSE:DCG +0.64% 18 Debt-to-Equity is 0.45 as of Mar. 2025, which is 62% below its 10-year median of 1.17. GuruFocus rates NSE:DCG with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 2,690 Industrial Products companies, DCG Cables & Wires ranks worse than 64.54% on this metric.

DCG Cables & Wires's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹326 Mil. DCG Cables & Wires's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹30 Mil. DCG Cables & Wires's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ₹791 Mil. DCG Cables & Wires's debt to equity for the quarter that ended in Mar. 2025 was 0.45.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for DCG Cables & Wires's Debt-to-Equity or its related term are showing as below:

NSE:DCG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45   Med: 1.17   Max: 2.31
Current: 0.45

During the past 5 years, the highest Debt-to-Equity Ratio of DCG Cables & Wires was 2.31. The lowest was 0.45. And the median was 1.17.

NSE:DCG's Debt-to-Equity is ranked worse than
64.54% of 2690 companies
in the Industrial Products industry
Industry Median: 0.29 vs NSE:DCG: 0.45

DCG Cables & Wires  (NSE:DCG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


DCG Cables & Wires Debt-to-Equity Related Terms


DCG Cables & Wires Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for DCG Cables & Wires's Debt-to-Equity 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.

DCG Cables & Wires Debt-to-Equity Chart

DCG Cables & Wires Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-Equity
2.31 1.17 1.22 1.08 0.45

DCG Cables & Wires Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-Equity 2.31 1.17 1.22 1.08 0.45

NSE:DCG vs VRT, BE: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, DCG Cables & Wires's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


DCG Cables & Wires Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DCG Cables & Wires's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where DCG Cables & Wires's Debt-to-Equity falls into.


NSE:DCG
18GF Score
DCG Cables & Wires Ltd NSE:DCG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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DCG Cables & Wires Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DCG Cables & Wires's Debt to Equity Ratio for the fiscal year that ended in Mar. 2025 is calculated as

DCG Cables & Wires's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

* 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-Equity →
What does a Debt-to-Equity of 0.45 mean?
DCG Cables & Wires (NSE:DCG) has a Debt-to-Equity of 0.45 as of Mar. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DCG Cables & Wires and its competitors. This is 62% below median its historical median of 1.17. Over the past decade, DCG Cables & Wires' Debt-to-Equity has ranged from 0.45 to 2.31. According to the industry distribution chart, DCG Cables & Wires ranks #1736 out of 2690 companies in the Industrial Products industry, placing it in the top 64.5%.
Is DCG Cables & Wires' Debt-to-Equity too high?
DCG Cables & Wires' current Debt-to-Equity of 0.45 is 62% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.31. The Industrial Products industry median Debt-to-Equity is 0.29. DCG Cables & Wires' value of 0.45 is 55.2% above this industry median. Based on the distribution chart, DCG Cables & Wires ranks #1736 out of 2690 companies in the Industrial Products industry, which is below the industry midpoint. Overall, DCG Cables & Wires has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does DCG Cables & Wires' Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, DCG Cables & Wires ranks #1736 out of 2690 companies for Debt-to-Equity. This places DCG Cables & Wires in the lower half of its industry. The industry median Debt-to-Equity is 0.29. DCG Cables & Wires' value of 0.45 is 55.2% above this benchmark. Historically, DCG Cables & Wires' own Debt-to-Equity has ranged from 0.45 to 2.31 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.29, DCG Cables & Wires has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,690 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DCG Cables & Wires's current Debt-to-Equity of 0.45 is 55.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DCG Cables & Wires and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCG Cables & Wires's current Debt-to-Equity is 0.45, which is 62% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCG Cables & Wires stock overvalued right now?
DCG Cables & Wires (NSE:DCG) has a current Debt-to-Equity of 0.45. The current Debt-to-Equity is 0.45, which is 62% below median its 10-year median of 1.17 and 55.2% above the Industrial Products industry median of 0.29. DCG Cables & Wires' 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For DCG Cables & Wires (NSE:DCG), the current Debt-to-Equity is 0.45 as of Mar. 2025. 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.

DCG Cables & Wires Business Description

Address Survey no 741, Near Atul Green Bricks, Bhayala, Bavla, Ahmedabad, GJ, IND, 382415
DCG Cables & Wires Ltd is a manufacturer of copper cables and wires. It focus is on manufacturing of different types of copper cables which finds application in Transformers that consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper. It also provide paper-covered copper conductors in both rectangular and round shapes, as well as multi-paper-covered copper conductors and connection cables designed specifically for transformers.
18GF Score

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