NIIT Financial Health
How is NIIT's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 500304's short term assets (₹16.4B) exceed its short term liabilities (₹5.1B).
Long Term Liabilities: 500304's short term assets (₹16.4B) exceed its long term liabilities (₹420.3M).
Debt to Equity History and Analysis
Debt Level: 500304 has more cash than its total debt.
Reducing Debt: 500304's debt to equity ratio has reduced from 17.4% to 0.1% over the past 5 years.
Debt Coverage: 500304's debt is well covered by operating cash flow (12316.7%).
Interest Coverage: 500304 earns more interest than it pays, so coverage of interest payments is not a concern.