Kajaria Ceramics Balance Sheet Health
Financial Health criteria checks 5/6
Kajaria Ceramics has a total shareholder equity of ₹27.6B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₹37.1B and ₹9.5B respectively. Kajaria Ceramics's EBIT is ₹5.1B making its interest coverage ratio -39.5. It has cash and short-term investments of ₹4.4B.
Key information
6.2%
Debt to equity ratio
₹1.70b
Debt
| Interest coverage ratio | -39.5x |
| Cash | ₹4.45b |
| Equity | ₹27.62b |
| Total liabilities | ₹9.49b |
| Total assets | ₹37.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500233's short term assets (₹17.5B) exceed its short term liabilities (₹7.1B).
Long Term Liabilities: 500233's short term assets (₹17.5B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: 500233 has more cash than its total debt.
Reducing Debt: 500233's debt to equity ratio has increased from 6.1% to 6.2% over the past 5 years.
Debt Coverage: 500233's debt is well covered by operating cash flow (268.2%).
Interest Coverage: 500233 earns more interest than it pays, so coverage of interest payments is not a concern.