Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
DCG Cables & WiresNSE:DCG -1.63%18 Equity-to-Asset is 0.54 as of Mar. 2026, which is 29% above its 10-year median of 0.42. GuruFocus rates NSE:DCG with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 3,090 Industrial Products companies, DCG Cables & Wires ranks better than 66.44% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DCG Cables & Wires's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹878 Mil. DCG Cables & Wires's Total Assets for the quarter that ended in Mar. 2026 was ₹1,623 Mil.
Therefore, DCG Cables & Wires's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.54.
The historical rank and industry rank for DCG Cables & Wires's Equity-to-Asset or its related term are showing as below:
NSE:DCG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.42 Max: 0.65
Current: 0.65
During the past 5 years, the highest Equity to Asset Ratio of DCG Cables & Wires was 0.65. The lowest was 0.08. And the median was 0.42.
NSE:DCG's Equity-to-Asset is ranked better than 66.44% of 3090
companies
in the Industrial Products industry
Industry Median: 0.56
vs NSE:DCG: 0.65
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
DCG Cables & Wires Equity-to-Asset Related Terms
DCG Cables & Wires Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for DCG Cables & Wires's Equity-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.
DCG Cables & Wires Equity-to-Asset Chart
DCG Cables & Wires Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
Equity-to-Asset
0.42
0.43
0.28
0.65
0.54
DCG Cables & Wires Semi-Annual Data
Sep23
Mar24
Sep24
Sep25
Mar26
Equity-to-Asset
-
0.28
0.68
0.61
0.54
NSE:DCG vs VRT, BE: Equity-to-Asset Comparison
For the Electrical Equipment & Parts subindustry, DCG Cables & Wires's Equity-to-Asset, along with its competitors' market caps and Equity-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.
DCG Cables & Wires Equity-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, DCG Cables & Wires's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where DCG Cables & Wires's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
DCG Cables & Wires's Equity to Asset Ratio for the fiscal year 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.
DCG Cables & Wires (NSE:DCG) has a Equity-to-Asset of 0.54 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on DCG Cables & Wires and its competitors. This is 29% above median its historical median of 0.42. Over the past decade, DCG Cables & Wires' Equity-to-Asset has ranged from 0.08 to 0.65. According to the industry distribution chart, DCG Cables & Wires ranks #1037 out of 3090 companies in the Industrial Products industry, placing it in the top 33.6%.
Is DCG Cables & Wires' Equity-to-Asset too high?
DCG Cables & Wires' current Equity-to-Asset of 0.54 is 29% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.65. The Industrial Products industry median Equity-to-Asset is 0.56. DCG Cables & Wires' value of 0.54 is 3.6% below this industry median. Based on the distribution chart, DCG Cables & Wires ranks #1037 out of 3090 companies in the Industrial Products industry, which is above 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' Equity-to-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, DCG Cables & Wires ranks #1037 out of 3090 companies for Equity-to-Asset. This puts DCG Cables & Wires in the upper half of its industry. The industry median Equity-to-Asset is 0.56. DCG Cables & Wires' value of 0.54 is 3.6% below this benchmark. Historically, DCG Cables & Wires' own Equity-to-Asset has ranged from 0.08 to 0.65 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.56, DCG Cables & Wires has consistently been below 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 Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,090 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DCG Cables & Wires's current Equity-to-Asset of 0.54 is 3.6% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on DCG Cables & Wires and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCG Cables & Wires's current Equity-to-Asset is 0.54, which is 29% above median its own 10-year median of 0.42. 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 Equity-to-Asset of 0.54. The current Equity-to-Asset is 0.54, which is 29% above median its 10-year median of 0.42 and 3.6% below the Industrial Products industry median of 0.56. DCG Cables & Wires' overall GF Score™ is 18/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For DCG Cables & Wires (NSE:DCG), the current Equity-to-Asset is 0.54 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.
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
Get the complete analysis for NSE:DCG
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:DCG has been successfully added to your 
