Prime Cable Industries (NSE:PRIMECAB) Debt-to-Equity: 0.85 (As of Mar. 2026) — 73% Below Median

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NSE:PRIMECAB Prime Cable Industries Ltd NSE:PRIMECAB
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What is Prime Cable Industries Debt-to-Equity?

Prime Cable Industries NSE:PRIMECAB -3.54% 14 Debt-to-Equity is 0.85 as of Mar. 2026, which is 73% below its 10-year median of 3.17. GuruFocus rates NSE:PRIMECAB with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 2,676 Industrial Products companies, Prime Cable Industries ranks worse than 82.96% on this metric.

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 Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹608 Mil. Prime Cable Industries's debt to equity for the quarter that ended in Mar. 2026 was 0.85.

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 Prime Cable Industries's Debt-to-Equity or its related term are showing as below:

NSE:PRIMECAB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.85   Med: 3.17   Max: 4.61
Current: 0.85

During the past 5 years, the highest Debt-to-Equity Ratio of Prime Cable Industries was 4.61. The lowest was 0.85. And the median was 3.17.

NSE:PRIMECAB's Debt-to-Equity is ranked worse than
82.96% of 2676 companies
in the Industrial Products industry
Industry Median: 0.28 vs NSE:PRIMECAB: 0.85

Prime Cable Industries  (NSE:PRIMECAB) 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.


Prime Cable Industries Debt-to-Equity Related Terms


Prime Cable Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Prime Cable Industries'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.

Prime Cable Industries Debt-to-Equity Chart

Prime Cable Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
3.17 4.28 4.61 2.63 0.85

Prime Cable Industries Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial 4.61 N/A 2.63 0.84 0.85

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

For the Electrical Equipment & Parts subindustry, Prime Cable Industries'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.


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

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

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


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

Debt to Equity measures the financial leverage a company has.

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

Prime Cable Industries's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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 0.85 mean?
Prime Cable Industries (NSE:PRIMECAB) has a Debt-to-Equity of 0.85 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Prime Cable Industries and its competitors. This is 73% below median its historical median of 3.17. Over the past decade, Prime Cable Industries' Debt-to-Equity has ranged from 0.85 to 4.61. According to the industry distribution chart, Prime Cable Industries ranks #2220 out of 2676 companies in the Industrial Products industry, placing it in the top 83%.
Is Prime Cable Industries' Debt-to-Equity too high?
Prime Cable Industries' current Debt-to-Equity of 0.85 is 73% below median its 10-year median of 3.17. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 4.61. The Industrial Products industry median Debt-to-Equity is 0.28. Prime Cable Industries' value of 0.85 is 203.6% above this industry median. Based on the distribution chart, Prime Cable Industries ranks #2220 out of 2676 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Prime Cable Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Prime Cable Industries' Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Prime Cable Industries ranks #2220 out of 2676 companies for Debt-to-Equity. This places Prime Cable Industries in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Prime Cable Industries' value of 0.85 is 203.6% above this benchmark. Historically, Prime Cable Industries' own Debt-to-Equity has ranged from 0.85 to 4.61 over the past decade. While the company's 10-year median is 3.17 vs. the industry median of 0.28, Prime Cable Industries 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 0.28, based on 2,676 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. Prime Cable Industries's current Debt-to-Equity of 0.85 is 203.6% 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 Prime Cable Industries and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Cable Industries's current Debt-to-Equity is 0.85, which is 73% below median its own 10-year median of 3.17. 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-Equity of 0.85. The current Debt-to-Equity is 0.85, which is 73% below median its 10-year median of 3.17 and 203.6% above the Industrial Products industry median of 0.28. Prime Cable Industries' overall GF Score™ is 14/100 with 6 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 Prime Cable Industries (NSE:PRIMECAB), the current Debt-to-Equity is 0.85 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.
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