DCG Cables & Wires (NSE:DCG) Interest Coverage: 4.74 (As of Mar. 2025) — Near Median


NSE:DCG DCG Cables & Wires Ltd NSE:DCG
17 GF Score
Price ₹56.50
! 3 Warning Signs
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What is DCG Cables & Wires Interest Coverage?

DCG Cables & Wires NSE:DCG -0.09% 17 Interest Coverage is 4.74 as of Mar. 2025, which is at its 10-year median of 4.74. GuruFocus rates NSE:DCG with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 2,324 Industrial Products companies, DCG Cables & Wires ranks worse than 74.61% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. DCG Cables & Wires's Operating Income for the six months ended in Mar. 2025 was ₹134 Mil. DCG Cables & Wires's Interest Expense for the six months ended in Mar. 2025 was ₹-28 Mil. DCG Cables & Wires's interest coverage for the quarter that ended in Mar. 2025 was 4.74. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for DCG Cables & Wires's Interest Coverage or its related term are showing as below:

NSE:DCG' s Interest Coverage Range Over the Past 10 Years
Min: 3.2   Med: 4.74   Max: 48.59
Current: 4.74

NSE:DCG's Interest Coverage is ranked worse than
74.61% of 2324 companies
in the Industrial Products industry
Industry Median: 14.835 vs NSE:DCG: 4.74

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

DCG Cables & Wires  (NSE:DCG) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

DCG Cables & Wires Interest Coverage Related Terms

DCG Cables & Wires Interest Coverage Historical Data

* Premium members only.

The historical data trend for DCG Cables & Wires's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

DCG Cables & Wires Interest Coverage Chart

DCG Cables & Wires Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
48.59 3.20 3.70 5.85 4.74

DCG Cables & Wires Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage 48.59 3.20 3.70 5.85 4.74

NSE:DCG vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, DCG Cables & Wires's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DCG Cables & Wires's Interest Coverage distribution charts can be found below:

* The bar in red indicates where DCG Cables & Wires's Interest Coverage falls into.


NSE:DCG
17GF Score
DCG Cables & Wires Ltd NSE:DCG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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DCG Cables & Wires Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

DCG Cables & Wires's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, DCG Cables & Wires's Interest Expense was ₹-28 Mil. Its Operating Income was ₹134 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹30 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*133.973/-28.251
=4.74

DCG Cables & Wires's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, DCG Cables & Wires's Interest Expense was ₹-28 Mil. Its Operating Income was ₹134 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹30 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*133.973/-28.251
=4.74

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 4.74 mean?
DCG Cables & Wires (NSE:DCG) has a Interest Coverage of 4.74 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on DCG Cables & Wires and its competitors. This is near median its historical median of 4.74. Over the past decade, DCG Cables & Wires' Interest Coverage has ranged from 3.20 to 48.59. According to the industry distribution chart, DCG Cables & Wires ranks #1734 out of 2324 companies in the Industrial Products industry, placing it in the top 74.6%.
Is DCG Cables & Wires' Interest Coverage too high?
DCG Cables & Wires' current Interest Coverage of 4.74 is near median its 10-year median of 4.74. Over the past 10 years, this metric has ranged from a low of 3.20 to a high of 48.59. The Industrial Products industry median Interest Coverage is 14.84. DCG Cables & Wires' value of 4.74 is 68% below this industry median. Based on the distribution chart, DCG Cables & Wires ranks #1734 out of 2324 companies in the Industrial Products industry, which is below the industry midpoint. Overall, DCG Cables & Wires has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does DCG Cables & Wires' Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, DCG Cables & Wires ranks #1734 out of 2324 companies for Interest Coverage. This places DCG Cables & Wires in the lower half of its industry. The industry median Interest Coverage is 14.84. DCG Cables & Wires' value of 4.74 is 68% below this benchmark. Historically, DCG Cables & Wires' own Interest Coverage has ranged from 3.20 to 48.59 over the past decade. While the company's 10-year median is 4.74 vs. the industry median of 14.84, 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 Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.84, based on 2,324 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DCG Cables & Wires's current Interest Coverage of 4.74 is 68% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on DCG Cables & Wires and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCG Cables & Wires's current Interest Coverage is 4.74, which is near median its own 10-year median of 4.74. 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 Interest Coverage of 4.74. The current Interest Coverage is 4.74, which is near median its 10-year median of 4.74 and 68% below the Industrial Products industry median of 14.84. DCG Cables & Wires' overall GF Score™ is 17/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For DCG Cables & Wires (NSE:DCG), the current Interest Coverage is 4.74 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.
17GF Score

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