Kajaria Ceramics Balance Sheet Health
Financial Health criteria checks 5/6
Kajaria Ceramics has a total shareholder equity of ₹27.6B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₹37.1B and ₹9.5B respectively. Kajaria Ceramics's EBIT is ₹5.1B making its interest coverage ratio -39.5. It has cash and short-term investments of ₹4.4B.
Key information
6.2%
Debt to equity ratio
₹1.70b
Debt
| Interest coverage ratio | -39.5x |
| Cash | ₹4.45b |
| Equity | ₹27.62b |
| Total liabilities | ₹9.49b |
| Total assets | ₹37.11b |
Recent financial health updates
Does Kajaria Ceramics (NSE:KAJARIACER) Have A Healthy Balance Sheet?
Sep 18
These 4 Measures Indicate That Kajaria Ceramics (NSE:KAJARIACER) Is Using Debt Reasonably Well
Jun 18Does Kajaria Ceramics (NSE:KAJARIACER) Have A Healthy Balance Sheet?
Dec 13Kajaria Ceramics (NSE:KAJARIACER) Seems To Use Debt Quite Sensibly
Jun 15We Think Kajaria Ceramics (NSE:KAJARIACER) Can Stay On Top Of Its Debt
Mar 03Kajaria Ceramics (NSE:KAJARIACER) Seems To Use Debt Quite Sensibly
Nov 28Recent updates
Kajaria Ceramics' (NSE:KAJARIACER) Dividend Will Be Reduced To ₹5.00
Oct 25The Returns At Kajaria Ceramics (NSE:KAJARIACER) Aren't Growing
Oct 09Does Kajaria Ceramics (NSE:KAJARIACER) Have A Healthy Balance Sheet?
Sep 18We Discuss Why Kajaria Ceramics Limited's (NSE:KAJARIACER) CEO May Deserve A Higher Pay Packet
Aug 31Kajaria Ceramics (NSE:KAJARIACER) Is Due To Pay A Dividend Of ₹6.00
Aug 18Subdued Growth No Barrier To Kajaria Ceramics Limited (NSE:KAJARIACER) With Shares Advancing 32%
Jul 05These 4 Measures Indicate That Kajaria Ceramics (NSE:KAJARIACER) Is Using Debt Reasonably Well
Jun 18Earnings Miss: Kajaria Ceramics Limited Missed EPS By 6.0% And Analysts Are Revising Their Forecasts
May 10Capital Investment Trends At Kajaria Ceramics (NSE:KAJARIACER) Look Strong
May 07If EPS Growth Is Important To You, Kajaria Ceramics (NSE:KAJARIACER) Presents An Opportunity
Mar 19Kajaria Ceramics Limited's (NSE:KAJARIACER) Business Is Yet to Catch Up With Its Share Price
Mar 01Returns On Capital At Kajaria Ceramics (NSE:KAJARIACER) Have Hit The Brakes
Jan 23Does Kajaria Ceramics (NSE:KAJARIACER) Have A Healthy Balance Sheet?
Dec 13Here's Why We Think Kajaria Ceramics (NSE:KAJARIACER) Might Deserve Your Attention Today
Nov 21Investors Met With Slowing Returns on Capital At Kajaria Ceramics (NSE:KAJARIACER)
Sep 22Kajaria Ceramics (NSE:KAJARIACER) Has Affirmed Its Dividend Of ₹3.00
Aug 20Kajaria Ceramics (NSE:KAJARIACER) Seems To Use Debt Quite Sensibly
Jun 15Kajaria Ceramics' (NSE:KAJARIACER) Returns Have Hit A Wall
May 23We Think Kajaria Ceramics (NSE:KAJARIACER) Can Stay On Top Of Its Debt
Mar 03Kajaria Ceramics (NSE:KAJARIACER) May Have Issues Allocating Its Capital
Feb 03Kajaria Ceramics (NSE:KAJARIACER) Seems To Use Debt Quite Sensibly
Nov 28Weak Statutory Earnings May Not Tell The Whole Story For Kajaria Ceramics (NSE:KAJARIACER)
Nov 10Kajaria Ceramics (NSE:KAJARIACER) Might Become A Compounding Machine
Oct 10Is Now The Time To Put Kajaria Ceramics (NSE:KAJARIACER) On Your Watchlist?
Aug 06Kajaria Ceramics (NSE:KAJARIACER) Will Want To Turn Around Its Return Trends
Jul 08Kajaria Ceramics (NSE:KAJARIACER) Is Reinvesting At Lower Rates Of Return
Apr 06Do Kajaria Ceramics's (NSE:KAJARIACER) Earnings Warrant Your Attention?
Mar 21Is Kajaria Ceramics (NSE:KAJARIACER) A Risky Investment?
Feb 23Returns On Capital Signal Tricky Times Ahead For Kajaria Ceramics (NSE:KAJARIACER)
Dec 30I Ran A Stock Scan For Earnings Growth And Kajaria Ceramics (NSE:KAJARIACER) Passed With Ease
Dec 12Kajaria Ceramics (NSE:KAJARIACER) Has A Rock Solid Balance Sheet
Oct 27Kajaria Ceramics' (NSE:KAJARIACER) Returns On Capital Not Reflecting Well On The Business
Sep 28Kajaria Ceramics (NSE:KAJARIACER) Has A Rock Solid Balance Sheet
Jul 28Should You Be Adding Kajaria Ceramics (NSE:KAJARIACER) To Your Watchlist Today?
Jun 18Financial Position Analysis
Short Term Liabilities: KAJARIACER's short term assets (₹17.5B) exceed its short term liabilities (₹7.1B).
Long Term Liabilities: KAJARIACER's short term assets (₹17.5B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: KAJARIACER has more cash than its total debt.
Reducing Debt: KAJARIACER's debt to equity ratio has increased from 6.1% to 6.2% over the past 5 years.
Debt Coverage: KAJARIACER's debt is well covered by operating cash flow (268.2%).
Interest Coverage: KAJARIACER earns more interest than it pays, so coverage of interest payments is not a concern.