Cera Sanitaryware Balance Sheet Health
Financial Health criteria checks 6/6
Cera Sanitaryware has a total shareholder equity of ₹13.6B and total debt of ₹204.6M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ₹18.5B and ₹4.9B respectively. Cera Sanitaryware's EBIT is ₹2.7B making its interest coverage ratio 45.8. It has cash and short-term investments of ₹8.1B.
Key information
1.5%
Debt to equity ratio
₹204.61m
Debt
Interest coverage ratio | 45.8x |
Cash | ₹8.14b |
Equity | ₹13.59b |
Total liabilities | ₹4.87b |
Total assets | ₹18.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532443's short term assets (₹14.2B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: 532443's short term assets (₹14.2B) exceed its long term liabilities (₹1.1B).
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 12.7% to 1.5% over the past 5 years.
Debt Coverage: 532443's debt is well covered by operating cash flow (1153.7%).
Interest Coverage: 532443's interest payments on its debt are well covered by EBIT (45.8x coverage).