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
NIIT Learning Systems' (NSE:NIITMTS) Solid Earnings Have Been Accounted For Conservatively
Oct 31
NIIT Learning Systems Limited Just Missed Earnings - But Analysts Have Updated Their Models
Oct 26Here's Why We Think NIIT Learning Systems (NSE:NIITMTS) Might Deserve Your Attention Today
Oct 23Here's What Analysts Are Forecasting For NIIT Learning Systems Limited (NSE:NIITMTS) After Its First-Quarter Results
Aug 04Analysts Are Updating Their NIIT Learning Systems Limited (NSE:NIITMTS) Estimates After Its Yearly Results
May 25Is NIIT Learning Systems Limited (NSE:NIITMTS) Worth ₹494 Based On Its Intrinsic Value?
Mar 14Improved Earnings Required Before NIIT Learning Systems Limited (NSE:NIITMTS) Shares Find Their Feet
Feb 07Financial Position Analysis
Short Term Liabilities: NIITMTS's short term assets (₹13.4B) exceed its short term liabilities (₹7.1B).
Long Term Liabilities: NIITMTS's short term assets (₹13.4B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: NIITMTS has more cash than its total debt.
Reducing Debt: NIITMTS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: NIITMTS's debt is well covered by operating cash flow (402.9%).
Interest Coverage: NIITMTS earns more interest than it pays, so coverage of interest payments is not a concern.