NIIT Balance Sheet Health
Financial Health criteria checks 5/6
NIIT has a total shareholder equity of ₹10.5B and total debt of ₹6.3M, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are ₹11.9B and ₹1.4B respectively.
Key information
0.06%
Debt to equity ratio
₹6.27m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹6.80b |
| Equity | ₹10.54b |
| Total liabilities | ₹1.36b |
| Total assets | ₹11.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500304's short term assets (₹8.3B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 500304's short term assets (₹8.3B) exceed its long term liabilities (₹91.2M).
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 2.9% to 0.06% over the past 5 years.
Debt Coverage: 500304's debt is well covered by operating cash flow (4019.3%).
Interest Coverage: Insufficient data to determine if 500304's interest payments on its debt are well covered by EBIT.