NIIT Balance Sheet Health
Financial Health criteria checks 4/6
NIIT has a total shareholder equity of ₹10.1B and total debt of ₹100.1M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹11.5B and ₹1.3B respectively.
Key information
1.0%
Debt to equity ratio
₹100.10m
Debt
Interest coverage ratio | n/a |
Cash | ₹6.64b |
Equity | ₹10.13b |
Total liabilities | ₹1.35b |
Total assets | ₹11.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500304's short term assets (₹7.8B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 500304's short term assets (₹7.8B) exceed its long term liabilities (₹139.6M).
Debt to Equity History and Analysis
Debt Level: 500304 has more cash than its total debt.
Reducing Debt: 500304's debt to equity ratio has reduced from 17.5% to 1% over the past 5 years.
Debt Coverage: 500304's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: Insufficient data to determine if 500304's interest payments on its debt are well covered by EBIT.