NIIT Learning Systems Balance Sheet Health
Financial Health criteria checks 6/6
NIIT Learning Systems has a total shareholder equity of ₹9.8B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ₹20.3B and ₹10.6B respectively. NIIT Learning Systems's EBIT is ₹3.5B making its interest coverage ratio 11. It has cash and short-term investments of ₹6.3B.
Key information
13.5%
Debt to equity ratio
₹1.32b
Debt
| Interest coverage ratio | 11x |
| Cash | ₹6.32b |
| Equity | ₹9.77b |
| Total liabilities | ₹10.56b |
| Total assets | ₹20.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543952's short term assets (₹13.2B) exceed its short term liabilities (₹8.0B).
Long Term Liabilities: 543952's short term assets (₹13.2B) exceed its long term liabilities (₹2.6B).
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 (210.9%).
Interest Coverage: 543952's interest payments on its debt are well covered by EBIT (11x coverage).