Coforge Balance Sheet Health
Financial Health criteria checks 5/6
Coforge has a total shareholder equity of ₹37.3B and total debt of ₹4.4B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are ₹61.1B and ₹23.8B respectively. Coforge's EBIT is ₹11.1B making its interest coverage ratio 8.8. It has cash and short-term investments of ₹3.4B.
Key information
11.7%
Debt to equity ratio
₹4.37b
Debt
Interest coverage ratio | 8.8x |
Cash | ₹3.35b |
Equity | ₹37.27b |
Total liabilities | ₹23.81b |
Total assets | ₹61.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532541's short term assets (₹26.0B) exceed its short term liabilities (₹15.3B).
Long Term Liabilities: 532541's short term assets (₹26.0B) exceed its long term liabilities (₹8.5B).
Debt to Equity History and Analysis
Debt Level: 532541's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: 532541's debt to equity ratio has increased from 0.6% to 11.7% over the past 5 years.
Debt Coverage: 532541's debt is well covered by operating cash flow (206.9%).
Interest Coverage: 532541's interest payments on its debt are well covered by EBIT (8.8x coverage).