Cera Sanitaryware Balance Sheet Health
Financial Health criteria checks 6/6
Cera Sanitaryware has a total shareholder equity of ₹12.4B and total debt of ₹144.8M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹17.2B and ₹4.9B respectively. Cera Sanitaryware's EBIT is ₹2.5B making its interest coverage ratio 80.8. It has cash and short-term investments of ₹6.4B.
Key information
1.2%
Debt to equity ratio
₹144.82m
Debt
| Interest coverage ratio | 80.8x |
| Cash | ₹6.45b |
| Equity | ₹12.36b |
| Total liabilities | ₹4.88b |
| Total assets | ₹17.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532443's short term assets (₹12.8B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: 532443's short term assets (₹12.8B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 532443 has more cash than its total debt.
Reducing Debt: 532443's debt to equity ratio has reduced from 11.2% to 1.2% over the past 5 years.
Debt Coverage: 532443's debt is well covered by operating cash flow (1186.2%).
Interest Coverage: 532443's interest payments on its debt are well covered by EBIT (80.8x coverage).