CEAT Balance Sheet Health
Financial Health criteria checks 4/6
CEAT has a total shareholder equity of ₹42.1B and total debt of ₹18.8B, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are ₹108.0B and ₹65.9B respectively. CEAT's EBIT is ₹10.2B making its interest coverage ratio 4.3. It has cash and short-term investments of ₹454.3M.
Key information
44.8%
Debt to equity ratio
₹18.85b
Debt
| Interest coverage ratio | 4.3x |
| Cash | ₹454.30m |
| Equity | ₹42.09b |
| Total liabilities | ₹65.89b |
| Total assets | ₹107.98b |
Recent financial health updates
Is CEAT (NSE:CEATLTD) A Risky Investment?
May 21
Is CEAT (NSE:CEATLTD) Using Too Much Debt?
Jun 04CEAT (NSE:CEATLTD) Seems To Be Using A Lot Of Debt
Dec 23Is CEAT (NSE:CEATLTD) Using Too Much Debt?
Sep 16These 4 Measures Indicate That CEAT (NSE:CEATLTD) Is Using Debt Extensively
Jan 02CEAT (NSE:CEATLTD) Has A Somewhat Strained Balance Sheet
Jun 05Recent updates
Earnings Miss: CEAT Limited Missed EPS By 15% And Analysts Are Revising Their Forecasts
Oct 20Do CEAT's (NSE:CEATLTD) Earnings Warrant Your Attention?
Oct 01Investors Should Be Encouraged By CEAT's (NSE:CEATLTD) Returns On Capital
Aug 07CEAT Limited's (NSE:CEATLTD) Low P/E No Reason For Excitement
Jul 19Is CEAT (NSE:CEATLTD) A Risky Investment?
May 21Earnings Miss: CEAT Limited Missed EPS By 7.8% And Analysts Are Revising Their Forecasts
May 05CEAT (NSE:CEATLTD) Is Achieving High Returns On Its Capital
Mar 28Is Now The Time To Put CEAT (NSE:CEATLTD) On Your Watchlist?
Mar 12CEAT Limited Just Recorded A 19% EPS Beat: Here's What Analysts Are Forecasting Next
Jan 27Little Excitement Around CEAT Limited's (NSE:CEATLTD) Revenues
Jan 20CEAT (NSE:CEATLTD) Hasn't Managed To Accelerate Its Returns
Oct 25Is CEAT Limited (NSE:CEATLTD) Worth ₹2.3k Based On Its Intrinsic Value?
Aug 12Is CEAT (NSE:CEATLTD) Using Too Much Debt?
Jun 04CEAT (NSE:CEATLTD) Might Be Having Difficulty Using Its Capital Effectively
May 17Estimating The Intrinsic Value Of CEAT Limited (NSE:CEATLTD)
Mar 01CEAT (NSE:CEATLTD) Seems To Be Using A Lot Of Debt
Dec 23Is CEAT (NSE:CEATLTD) Using Too Much Debt?
Sep 16CEAT (NSE:CEATLTD) Will Want To Turn Around Its Return Trends
Aug 03CEAT Limited's (NSE:CEATLTD) Intrinsic Value Is Potentially 35% Above Its Share Price
Apr 09These 4 Measures Indicate That CEAT (NSE:CEATLTD) Is Using Debt Extensively
Jan 02CEAT (NSE:CEATLTD) Has A Somewhat Strained Balance Sheet
Jun 05Calculating The Fair Value Of CEAT Limited (NSE:CEATLTD)
May 10Returns On Capital At CEAT (NSE:CEATLTD) Paint An Interesting Picture
Mar 10We Think CEAT (NSE:CEATLTD) Is Taking Some Risk With Its Debt
Feb 13Did CEAT Limited (NSE:CEATLTD) Insiders Buy Up More Shares?
Feb 01CEAT Limited's (NSE:CEATLTD) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 21
Why CEAT's (NSE:CEATLTD) CEO Pay Matters
Jan 10What Kind Of Shareholders Own CEAT Limited (NSE:CEATLTD)?
Dec 29Financial Position Analysis
Short Term Liabilities: CEATLTD's short term assets (₹32.7B) do not cover its short term liabilities (₹51.1B).
Long Term Liabilities: CEATLTD's short term assets (₹32.7B) exceed its long term liabilities (₹14.8B).
Debt to Equity History and Analysis
Debt Level: CEATLTD's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: CEATLTD's debt to equity ratio has reduced from 64.2% to 44.8% over the past 5 years.
Debt Coverage: CEATLTD's debt is well covered by operating cash flow (72.2%).
Interest Coverage: CEATLTD's interest payments on its debt are well covered by EBIT (4.3x coverage).