Cera Sanitaryware Balance Sheet Health
Financial Health criteria checks 6/6
Cera Sanitaryware has a total shareholder equity of ₹12.3B and total debt of ₹478.7M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are ₹17.2B and ₹4.9B respectively. Cera Sanitaryware's EBIT is ₹2.6B making its interest coverage ratio 83.6. It has cash and short-term investments of ₹7.3B.
Key information
3.9%
Debt to equity ratio
₹478.75m
Debt
| Interest coverage ratio | 83.6x |
| Cash | ₹7.29b |
| Equity | ₹12.31b |
| Total liabilities | ₹4.90b |
| Total assets | ₹17.22b |
Recent financial health updates
Is Cera Sanitaryware (NSE:CERA) Using Too Much Debt?
Jul 15
Cera 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 22Is Cera Sanitaryware (NSE:CERA) A Risky Investment?
Sep 10
Recent updates
A 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 22What Do The Returns On Capital At Cera Sanitaryware (NSE:CERA) Tell Us?
Dec 18Has Cera Sanitaryware Limited's (NSE:CERA) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 01Cera Sanitaryware Limited Just Missed Earnings - But Analysts Have Updated Their Models
Nov 13Read This Before Buying Cera Sanitaryware Limited (NSE:CERA) Shares
Nov 09Cera Sanitaryware Limited's (NSE:CERA) 0.5% Dividend Yield Looks Pretty Interesting
Oct 19If You Had Bought Cera Sanitaryware's (NSE:CERA) Shares Three Years Ago You Would Be Down 31%
Sep 28Is Cera Sanitaryware (NSE:CERA) A Risky Investment?
Sep 10Has Cera Sanitaryware Limited's (NSE:CERA) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Aug 23Cera Sanitaryware Limited's (NSE:CERA) Popularity With Investors Under Threat
Aug 05Financial Position Analysis
Short Term Liabilities: CERA's short term assets (₹13.2B) exceed its short term liabilities (₹3.9B).
Long Term Liabilities: CERA's short term assets (₹13.2B) exceed its long term liabilities (₹1.0B).
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 13.4% to 3.9% over the past 5 years.
Debt Coverage: CERA's debt is well covered by operating cash flow (522.3%).
Interest Coverage: CERA's interest payments on its debt are well covered by EBIT (83.6x coverage).