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
Cera Sanitaryware (NSE:CERA) Seems To Use Debt Quite Sensibly
Dec 04
Is Cera Sanitaryware (NSE:CERA) Using Too Much Debt?
Sep 01Is Cera Sanitaryware (NSE:CERA) Using Too Much Debt?
Jul 15Cera Sanitaryware (NSE:CERA) Has A Rock Solid Balance Sheet
Mar 24These 4 Measures Indicate That Cera Sanitaryware (NSE:CERA) Is Using Debt Safely
Nov 26Does Cera Sanitaryware (NSE:CERA) Have A Healthy Balance Sheet?
Mar 22Recent updates
Cera Sanitaryware (NSE:CERA) Seems To Use Debt Quite Sensibly
Dec 04Cera Sanitaryware (NSE:CERA) Has More To Do To Multiply In Value Going Forward
Oct 08Is Cera Sanitaryware (NSE:CERA) Using Too Much Debt?
Sep 01We Think Some Shareholders May Hesitate To Increase Cera Sanitaryware Limited's (NSE:CERA) CEO Compensation
Jul 05Cera Sanitaryware (NSE:CERA) Will Pay A Larger Dividend Than Last Year At ₹60.00
Jun 25Investors Shouldn't Be Too Comfortable With Cera Sanitaryware's (NSE:CERA) Earnings
Jun 23What Cera Sanitaryware Limited's (NSE:CERA) 27% Share Price Gain Is Not Telling You
Jun 22Cera Sanitaryware's (NSE:CERA) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 11Cera Sanitaryware (NSE:CERA) Is Increasing Its Dividend To ₹60.00
May 21Here's Why We Think Cera Sanitaryware (NSE:CERA) Is Well Worth Watching
May 04A Look Into Cera Sanitaryware's (NSE:CERA) Impressive Returns On Capital
Mar 14Cera Sanitaryware Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 15Some Shareholders Feeling Restless Over Cera Sanitaryware Limited's (NSE:CERA) P/E Ratio
Feb 13Here's Why We Think Cera Sanitaryware (NSE:CERA) Is Well Worth Watching
Oct 26A Look Into Cera Sanitaryware's (NSE:CERA) Impressive Returns On Capital
Aug 08Is Cera Sanitaryware (NSE:CERA) Using Too Much Debt?
Jul 15Cera Sanitaryware (NSE:CERA) Is Paying Out A Larger Dividend Than Last Year
Jun 07Cera Sanitaryware (NSE:CERA) Has Announced That It Will Be Increasing Its Dividend To ₹50.00
May 14Cera Sanitaryware (NSE:CERA) Has A Rock Solid Balance Sheet
Mar 24Is Now The Time To Put Cera Sanitaryware (NSE:CERA) On Your Watchlist?
Feb 22Cera Sanitaryware (NSE:CERA) Looks To Prolong Its Impressive Returns
Feb 07These 4 Measures Indicate That Cera Sanitaryware (NSE:CERA) Is Using Debt Safely
Nov 26If You Like EPS Growth Then Check Out Cera Sanitaryware (NSE:CERA) Before It's Too Late
Jan 24Some Investors May Be Worried About Cera Sanitaryware's (NSE:CERA) Returns On Capital
Sep 24If You Like EPS Growth Then Check Out Cera Sanitaryware (NSE:CERA) Before It's Too Late
Sep 01Cera Sanitaryware's (NSE:CERA) Soft Earnings Are Actually Better Than They Appear
Jun 17Cera Sanitaryware (NSE:CERA) Is Reinvesting At Lower Rates Of Return
Jun 09Does Cera Sanitaryware (NSE:CERA) Have A Healthy Balance Sheet?
Mar 22Financial Position Analysis
Short Term Liabilities: CERA's short term assets (₹12.8B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: CERA's short term assets (₹12.8B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: CERA has more cash than its total debt.
Reducing Debt: CERA's debt to equity ratio has reduced from 11.2% to 1.2% over the past 5 years.
Debt Coverage: CERA's debt is well covered by operating cash flow (1186.2%).
Interest Coverage: CERA's interest payments on its debt are well covered by EBIT (80.8x coverage).