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 ration/a
Cash₹6.80b
Equity₹10.54b
Total liabilities₹1.36b
Total assets₹11.90b

Recent financial health updates

Recent updates

Earnings Not Telling The Story For NIIT Limited (NSE:NIITLTD) After Shares Rise 27%

Nov 25
Earnings Not Telling The Story For NIIT Limited (NSE:NIITLTD) After Shares Rise 27%

NIIT Limited's (NSE:NIITLTD) Shares Climb 38% But Its Business Is Yet to Catch Up

Aug 28
NIIT Limited's (NSE:NIITLTD) Shares Climb 38% But Its Business Is Yet to Catch Up

NIIT Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Feb 07
NIIT Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Is NIIT (NSE:NIITLTD) A Risky Investment?

Sep 12
Is NIIT (NSE:NIITLTD) A Risky Investment?

NIIT (NSE:NIITLTD) Seems To Use Debt Rather Sparingly

Mar 25
NIIT (NSE:NIITLTD) Seems To Use Debt Rather Sparingly

Is NIIT (NSE:NIITLTD) Using Too Much Debt?

Dec 13
Is NIIT (NSE:NIITLTD) Using Too Much Debt?

We Take A Look At Whether NIIT Limited's (NSE:NIITLTD) CEO May Be Underpaid

Jul 29
We Take A Look At Whether NIIT Limited's (NSE:NIITLTD) CEO May Be Underpaid

Read This Before Buying NIIT Limited (NSE:NIITLTD) For Its Dividend

Apr 12
Read This Before Buying NIIT Limited (NSE:NIITLTD) For Its Dividend

Financial Position Analysis

Short Term Liabilities: NIITLTD's short term assets (₹8.3B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: NIITLTD's short term assets (₹8.3B) exceed its long term liabilities (₹91.2M).


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 2.9% to 0.06% over the past 5 years.

Debt Coverage: NIITLTD's debt is well covered by operating cash flow (4019.3%).

Interest Coverage: Insufficient data to determine if NIITLTD's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/01 11:39
End of Day Share Price 2025/01/01 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NIIT Limited is covered by 16 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Atul ThakkarAnand Rathi Shares and Stock Brokers Limited
Srishti AnandAngel Broking Private Limited
Ravi MenonCentrum Broking Limited