Somany Ceramics Balance Sheet Health
Financial Health criteria checks 5/6
Somany Ceramics has a total shareholder equity of ₹8.5B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are ₹19.5B and ₹11.0B respectively. Somany Ceramics's EBIT is ₹1.7B making its interest coverage ratio 4.5. It has cash and short-term investments of ₹644.0M.
Key information
38.6%
Debt to equity ratio
₹3.30b
Debt
| Interest coverage ratio | 4.5x |
| Cash | ₹644.00m |
| Equity | ₹8.55b |
| Total liabilities | ₹10.99b |
| Total assets | ₹19.54b |
Recent financial health updates
These 4 Measures Indicate That Somany Ceramics (NSE:SOMANYCERA) Is Using Debt Extensively
Aug 12
Somany Ceramics (NSE:SOMANYCERA) Has A Rock Solid Balance Sheet
Feb 25We Think Somany Ceramics (NSE:SOMANYCERA) Can Manage Its Debt With Ease
Aug 30Does Somany Ceramics (NSE:SOMANYCERA) Have A Healthy Balance Sheet?
Dec 17
Recent updates
Somany Ceramics' (NSE:SOMANYCERA) Returns Have Hit A Wall
Nov 29Earnings Miss: Somany Ceramics Limited Missed EPS By 21% And Analysts Are Revising Their Forecasts
Nov 01Somany Ceramics Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 04We Think Somany Ceramics' (NSE:SOMANYCERA) Profit Is Only A Baseline For What They Can Achieve
May 23Market Might Still Lack Some Conviction On Somany Ceramics Limited (NSE:SOMANYCERA) Even After 28% Share Price Boost
May 21These 4 Measures Indicate That Somany Ceramics (NSE:SOMANYCERA) Is Using Debt Extensively
Aug 12Is It Too Late To Consider Buying Somany Ceramics Limited (NSE:SOMANYCERA)?
May 20Shareholders May Be More Conservative With Somany Ceramics Limited's (NSE:SOMANYCERA) CEO Compensation For Now
Sep 17Somany Ceramics (NSE:SOMANYCERA) Has A Rock Solid Balance Sheet
Feb 25We Think The Compensation For Somany Ceramics Limited's (NSE:SOMANYCERA) CEO Looks About Right
Sep 08We Think Somany Ceramics (NSE:SOMANYCERA) Can Manage Its Debt With Ease
Aug 30Somany Ceramics' (NSE:SOMANYCERA) Robust Earnings Are Supported By Other Strong Factors
Jun 23Is It Too Late To Consider Buying Somany Ceramics Limited (NSE:SOMANYCERA)?
May 12Is It Worth Considering Somany Ceramics Limited (NSE:SOMANYCERA) For Its Upcoming Dividend?
Mar 19Who Has Been Buying Somany Ceramics Limited (NSE:SOMANYCERA) Shares?
Mar 07The Somany Ceramics (NSE:SOMANYCERA) Share Price Is Up 108% And Shareholders Are Boasting About It
Feb 19Is Somany Ceramics Limited (NSE:SOMANYCERA) Popular Amongst Insiders?
Jan 25Our Take On The Returns On Capital At Somany Ceramics (NSE:SOMANYCERA)
Jan 04Does Somany Ceramics (NSE:SOMANYCERA) Have A Healthy Balance Sheet?
Dec 17Here's How We Evaluate Somany Ceramics Limited's (NSE:SOMANYCERA) Dividend
Nov 30A Look At Somany Ceramics' (NSE:SOMANYCERA) Share Price Returns
Nov 11How Many Somany Ceramics Limited (NSE:SOMANYCERA) Shares Did Insiders Buy, In The Last Year?
Oct 21Should We Be Excited About The Trends Of Returns At Somany Ceramics (NSE:SOMANYCERA)?
Oct 01Financial Position Analysis
Short Term Liabilities: SOMANYCERA's short term assets (₹7.9B) do not cover its short term liabilities (₹8.0B).
Long Term Liabilities: SOMANYCERA's short term assets (₹7.9B) exceed its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: SOMANYCERA's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: SOMANYCERA's debt to equity ratio has reduced from 80.5% to 38.6% over the past 5 years.
Debt Coverage: SOMANYCERA's debt is well covered by operating cash flow (65.2%).
Interest Coverage: SOMANYCERA's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:26 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Somany Ceramics Limited is covered by 31 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Antique Stockbroking Ltd. |
| null null | Asian Markets Securities Private Limited |
| Girish Choudhary | Avendus Spark |