NIIT Learning Systems Balance Sheet Health
Financial Health criteria checks 6/6
NIIT Learning Systems has a total shareholder equity of ₹8.8B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ₹19.0B and ₹10.1B respectively. NIIT Learning Systems's EBIT is ₹3.1B making its interest coverage ratio 23.9. It has cash and short-term investments of ₹5.3B.
Key information
15.0%
Debt to equity ratio
₹1.33b
Debt
Interest coverage ratio | 23.9x |
Cash | ₹5.28b |
Equity | ₹8.85b |
Total liabilities | ₹10.13b |
Total assets | ₹18.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NIITMTS's short term assets (₹12.1B) exceed its short term liabilities (₹6.9B).
Long Term Liabilities: NIITMTS's short term assets (₹12.1B) exceed its long term liabilities (₹3.2B).
Debt to Equity History and Analysis
Debt Level: NIITMTS has more cash than its total debt.
Reducing Debt: NIITMTS's debt to equity ratio has reduced from 116745.5% to 15% over the past 5 years.
Debt Coverage: NIITMTS's debt is well covered by operating cash flow (154.9%).
Interest Coverage: NIITMTS's interest payments on its debt are well covered by EBIT (23.9x coverage).