NIIT Financial Health

How is NIIT's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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.


Balance Sheet


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