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 ₹930.1M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are ₹20.3B and ₹10.6B respectively. NIIT Learning Systems's EBIT is ₹3.3B making its interest coverage ratio 10.2. It has cash and short-term investments of ₹6.3B.
Key information
9.5%
Debt to equity ratio
₹930.08m
Debt
Interest coverage ratio | 10.2x |
Cash | ₹6.32b |
Equity | ₹9.77b |
Total liabilities | ₹10.56b |
Total assets | ₹20.33b |
Recent financial health updates
No updates
Recent updates
Analysts 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 (₹13.2B) exceed its short term liabilities (₹8.0B).
Long Term Liabilities: NIITMTS's short term assets (₹13.2B) exceed its long term liabilities (₹2.6B).
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 (299.6%).
Interest Coverage: NIITMTS's interest payments on its debt are well covered by EBIT (10.2x coverage).