NIIT Balance Sheet Health
Financial Health criteria checks 5/6
NIIT has a total shareholder equity of ₹10.4B and total debt of ₹82.8M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹11.6B and ₹1.2B respectively.
Key information
0.8%
Debt to equity ratio
₹82.81m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹6.86b |
| Equity | ₹10.39b |
| Total liabilities | ₹1.25b |
| Total assets | ₹11.63b |
Recent financial health updates
Is NIIT (NSE:NIITLTD) A Risky Investment?
Sep 12
NIIT (NSE:NIITLTD) Seems To Use Debt Rather Sparingly
Mar 25Is NIIT (NSE:NIITLTD) Using Too Much Debt?
Dec 13Does NIIT (NSE:NIITLTD) Have A Healthy Balance Sheet?
Mar 16Recent updates
NIIT Limited's (NSE:NIITLTD) Shares Climb 38% But Its Business Is Yet to Catch Up
Aug 28NIIT Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Feb 07Is NIIT (NSE:NIITLTD) A Risky Investment?
Sep 12NIIT (NSE:NIITLTD) Seems To Use Debt Rather Sparingly
Mar 25Is NIIT (NSE:NIITLTD) Using Too Much Debt?
Dec 13We Take A Look At Whether NIIT Limited's (NSE:NIITLTD) CEO May Be Underpaid
Jul 29Read This Before Buying NIIT Limited (NSE:NIITLTD) For Its Dividend
Apr 12Have Insiders Sold NIIT Limited (NSE:NIITLTD) Shares Recently?
Mar 21Does NIIT (NSE:NIITLTD) Have A Healthy Balance Sheet?
Mar 16Financial Position Analysis
Short Term Liabilities: NIITLTD's short term assets (₹8.1B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: NIITLTD's short term assets (₹8.1B) exceed its long term liabilities (₹110.3M).
Debt to Equity History and Analysis
Debt Level: NIITLTD has more cash than its total debt.
Reducing Debt: NIITLTD's debt to equity ratio has reduced from 22.2% to 0.8% over the past 5 years.
Debt Coverage: NIITLTD's debt is well covered by operating cash flow (111.6%).
Interest Coverage: Insufficient data to determine if NIITLTD's interest payments on its debt are well covered by EBIT.