NIIT Learning Systems Balance Sheet Health
Financial Health criteria checks 6/6
NIIT Learning Systems has a total shareholder equity of ₹10.8B and total debt of ₹816.4M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are ₹20.4B and ₹9.5B respectively. NIIT Learning Systems's EBIT is ₹3.2B making its interest coverage ratio -879.6. It has cash and short-term investments of ₹7.1B.
Key information
7.5%
Debt to equity ratio
₹816.37m
Debt
| Interest coverage ratio | -879.6x |
| Cash | ₹7.10b |
| Equity | ₹10.83b |
| Total liabilities | ₹9.54b |
| Total assets | ₹20.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543952's short term assets (₹13.4B) exceed its short term liabilities (₹7.1B).
Long Term Liabilities: 543952's short term assets (₹13.4B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: 543952 has more cash than its total debt.
Reducing Debt: 543952 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 543952's debt is well covered by operating cash flow (402.9%).
Interest Coverage: 543952 earns more interest than it pays, so coverage of interest payments is not a concern.