Kajaria Ceramics Balance Sheet Health
Financial Health criteria checks 5/6
Kajaria Ceramics has a total shareholder equity of ₹25.7B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are ₹34.1B and ₹8.4B respectively. Kajaria Ceramics's EBIT is ₹5.7B making its interest coverage ratio -158.8. It has cash and short-term investments of ₹5.2B.
Key information
6.6%
Debt to equity ratio
₹1.68b
Debt
Interest coverage ratio | -158.8x |
Cash | ₹5.17b |
Equity | ₹25.66b |
Total liabilities | ₹8.42b |
Total assets | ₹34.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500233's short term assets (₹17.0B) exceed its short term liabilities (₹6.5B).
Long Term Liabilities: 500233's short term assets (₹17.0B) exceed its long term liabilities (₹1.9B).
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 6.2% to 6.6% over the past 5 years.
Debt Coverage: 500233's debt is well covered by operating cash flow (358.5%).
Interest Coverage: 500233 earns more interest than it pays, so coverage of interest payments is not a concern.