Prime Cable Industries (NSE:PRIMECAB) Equity-to-Asset: 0.37 (As of Mar. 2026) — 131% Above Median

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NSE:PRIMECAB Prime Cable Industries Ltd NSE:PRIMECAB
16 GF Score
Price ₹195.00
! 6 Warning Signs
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What is Prime Cable Industries Equity-to-Asset?

Prime Cable Industries NSE:PRIMECAB +2.63% 16 Equity-to-Asset is 0.37 as of Mar. 2026, which is 131% above its 10-year median of 0.16. GuruFocus rates NSE:PRIMECAB with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 3,083 Industrial Products companies, Prime Cable Industries ranks worse than 79.95% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Prime Cable Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹608 Mil. Prime Cable Industries's Total Assets for the quarter that ended in Mar. 2026 was ₹1,651 Mil. Therefore, Prime Cable Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.37.

The historical rank and industry rank for Prime Cable Industries's Equity-to-Asset or its related term are showing as below:

NSE:PRIMECAB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.16   Max: 0.37
Current: 0.37

During the past 5 years, the highest Equity to Asset Ratio of Prime Cable Industries was 0.37. The lowest was 0.14. And the median was 0.16.

NSE:PRIMECAB's Equity-to-Asset is ranked worse than
79.95% of 3083 companies
in the Industrial Products industry
Industry Median: 0.56 vs NSE:PRIMECAB: 0.37

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

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%.


Prime Cable Industries Equity-to-Asset Related Terms


Prime Cable Industries Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Prime Cable Industries'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.

Prime Cable Industries Equity-to-Asset Chart

Prime Cable Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
0.17 0.14 0.15 0.16 0.37

Prime Cable Industries Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Equity-to-Asset Get a 7-Day Free Trial 0.15 0.00 0.16 0.36 0.37

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

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


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

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

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


NSE:PRIMECAB
16GF Score
Prime Cable Industries Ltd NSE:PRIMECAB
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Prime Cable Industries Equity-to-Asset Calculation

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.

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

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=607.763/1650.627
=0.37

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

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=607.763/1650.627
=0.37

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.37 mean?
Prime Cable Industries (NSE:PRIMECAB) has a Equity-to-Asset of 0.37 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Prime Cable Industries and its competitors. This is 131% above median its historical median of 0.16. Over the past decade, Prime Cable Industries' Equity-to-Asset has ranged from 0.14 to 0.37. According to the industry distribution chart, Prime Cable Industries ranks #2465 out of 3083 companies in the Industrial Products industry, placing it in the top 80%.
Is Prime Cable Industries' Equity-to-Asset too high?
Prime Cable Industries' current Equity-to-Asset of 0.37 is 131% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.37. The Industrial Products industry median Equity-to-Asset is 0.56. Prime Cable Industries' value of 0.37 is 33.9% below this industry median. Based on the distribution chart, Prime Cable Industries ranks #2465 out of 3083 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Prime Cable Industries has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Prime Cable Industries' Equity-to-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Prime Cable Industries ranks #2465 out of 3083 companies for Equity-to-Asset. This places Prime Cable Industries in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Prime Cable Industries' value of 0.37 is 33.9% below this benchmark. Historically, Prime Cable Industries' own Equity-to-Asset has ranged from 0.14 to 0.37 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.56, Prime Cable Industries 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 3,083 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. Prime Cable Industries's current Equity-to-Asset of 0.37 is 33.9% 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 Prime Cable Industries 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. Prime Cable Industries's current Equity-to-Asset is 0.37, which is 131% above median its own 10-year median of 0.16. 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 Equity-to-Asset of 0.37. The current Equity-to-Asset is 0.37, which is 131% above median its 10-year median of 0.16 and 33.9% below the Industrial Products industry median of 0.56. Prime Cable Industries' overall GF Score™ is 16/100 with 6 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 Prime Cable Industries (NSE:PRIMECAB), the current Equity-to-Asset is 0.37 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.
16GF Score

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