Somany Ceramics Limited

NSEI:SOMANYCERA Stock Report

Market Cap: ₹31.9b

Somany Ceramics Balance Sheet Health

Financial Health criteria checks 5/6

Somany Ceramics has a total shareholder equity of ₹8.3B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are ₹19.8B and ₹11.5B respectively. Somany Ceramics's EBIT is ₹1.8B making its interest coverage ratio 3.9. It has cash and short-term investments of ₹854.7M.

Key information

40.2%

Debt to equity ratio

₹3.35b

Debt

Interest coverage ratio3.9x
Cash₹854.70m
Equity₹8.33b
Total liabilities₹11.51b
Total assets₹19.84b

Recent financial health updates

Recent updates

We Think Somany Ceramics' (NSE:SOMANYCERA) Profit Is Only A Baseline For What They Can Achieve

May 23
We Think Somany Ceramics' (NSE:SOMANYCERA) Profit Is Only A Baseline For What They Can Achieve

Market Might Still Lack Some Conviction On Somany Ceramics Limited (NSE:SOMANYCERA) Even After 28% Share Price Boost

May 21
Market Might Still Lack Some Conviction On Somany Ceramics Limited (NSE:SOMANYCERA) Even After 28% Share Price Boost

These 4 Measures Indicate That Somany Ceramics (NSE:SOMANYCERA) Is Using Debt Extensively

Aug 12
These 4 Measures Indicate That Somany Ceramics (NSE:SOMANYCERA) Is Using Debt Extensively

Is It Too Late To Consider Buying Somany Ceramics Limited (NSE:SOMANYCERA)?

May 20
Is It Too Late To Consider Buying Somany Ceramics Limited (NSE:SOMANYCERA)?

Shareholders May Be More Conservative With Somany Ceramics Limited's (NSE:SOMANYCERA) CEO Compensation For Now

Sep 17
Shareholders May Be More Conservative With Somany Ceramics Limited's (NSE:SOMANYCERA) CEO Compensation For Now

Somany Ceramics (NSE:SOMANYCERA) Has A Rock Solid Balance Sheet

Feb 25
Somany Ceramics (NSE:SOMANYCERA) Has A Rock Solid Balance Sheet

We Think The Compensation For Somany Ceramics Limited's (NSE:SOMANYCERA) CEO Looks About Right

Sep 08
We Think The Compensation For Somany Ceramics Limited's (NSE:SOMANYCERA) CEO Looks About Right

We Think Somany Ceramics (NSE:SOMANYCERA) Can Manage Its Debt With Ease

Aug 30
We Think Somany Ceramics (NSE:SOMANYCERA) Can Manage Its Debt With Ease

Somany Ceramics' (NSE:SOMANYCERA) Robust Earnings Are Supported By Other Strong Factors

Jun 23
Somany Ceramics' (NSE:SOMANYCERA) Robust Earnings Are Supported By Other Strong Factors

Is It Too Late To Consider Buying Somany Ceramics Limited (NSE:SOMANYCERA)?

May 12
Is It Too Late To Consider Buying Somany Ceramics Limited (NSE:SOMANYCERA)?

Is It Worth Considering Somany Ceramics Limited (NSE:SOMANYCERA) For Its Upcoming Dividend?

Mar 19
Is It Worth Considering Somany Ceramics Limited (NSE:SOMANYCERA) For Its Upcoming Dividend?

Who Has Been Buying Somany Ceramics Limited (NSE:SOMANYCERA) Shares?

Mar 07
Who Has Been Buying Somany Ceramics Limited (NSE:SOMANYCERA) Shares?

The Somany Ceramics (NSE:SOMANYCERA) Share Price Is Up 108% And Shareholders Are Boasting About It

Feb 19
The Somany Ceramics (NSE:SOMANYCERA) Share Price Is Up 108% And Shareholders Are Boasting About It

Is Somany Ceramics Limited (NSE:SOMANYCERA) Popular Amongst Insiders?

Jan 25
Is Somany Ceramics Limited (NSE:SOMANYCERA) Popular Amongst Insiders?

Our Take On The Returns On Capital At Somany Ceramics (NSE:SOMANYCERA)

Jan 04
Our Take On The Returns On Capital At Somany Ceramics (NSE:SOMANYCERA)

Does Somany Ceramics (NSE:SOMANYCERA) Have A Healthy Balance Sheet?

Dec 17
Does Somany Ceramics (NSE:SOMANYCERA) Have A Healthy Balance Sheet?

Here's How We Evaluate Somany Ceramics Limited's (NSE:SOMANYCERA) Dividend

Nov 30
Here's How We Evaluate Somany Ceramics Limited's (NSE:SOMANYCERA) Dividend

A Look At Somany Ceramics' (NSE:SOMANYCERA) Share Price Returns

Nov 11
A Look At Somany Ceramics' (NSE:SOMANYCERA) Share Price Returns

How Many Somany Ceramics Limited (NSE:SOMANYCERA) Shares Did Insiders Buy, In The Last Year?

Oct 21
How Many Somany Ceramics Limited (NSE:SOMANYCERA) Shares Did Insiders Buy, In The Last Year?

Should We Be Excited About The Trends Of Returns At Somany Ceramics (NSE:SOMANYCERA)?

Oct 01
Should We Be Excited About The Trends Of Returns At Somany Ceramics (NSE:SOMANYCERA)?

Does Somany Ceramics (NSE:SOMANYCERA) Have A Healthy Balance Sheet?

Sep 10
Does Somany Ceramics (NSE:SOMANYCERA) Have A Healthy Balance Sheet?

Financial Position Analysis

Short Term Liabilities: SOMANYCERA's short term assets (₹8.2B) do not cover its short term liabilities (₹8.4B).

Long Term Liabilities: SOMANYCERA's short term assets (₹8.2B) exceed its long term liabilities (₹3.1B).


Debt to Equity History and Analysis

Debt Level: SOMANYCERA's net debt to equity ratio (30%) is considered satisfactory.

Reducing Debt: SOMANYCERA's debt to equity ratio has reduced from 81.7% to 40.2% over the past 5 years.

Debt Coverage: SOMANYCERA's debt is well covered by operating cash flow (117.4%).

Interest Coverage: SOMANYCERA's interest payments on its debt are well covered by EBIT (3.9x coverage).


Balance Sheet


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