Cigniti Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Cigniti Technologies has a total shareholder equity of ₹8.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹10.5B and ₹2.4B respectively. Cigniti Technologies's EBIT is ₹1.8B making its interest coverage ratio -49.7. It has cash and short-term investments of ₹4.2B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -49.7x |
| Cash | ₹4.20b |
| Equity | ₹8.11b |
| Total liabilities | ₹2.39b |
| Total assets | ₹10.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534758's short term assets (₹8.8B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: 534758's short term assets (₹8.8B) exceed its long term liabilities (₹342.1M).
Debt to Equity History and Analysis
Debt Level: 534758 is debt free.
Reducing Debt: 534758 has no debt compared to 5 years ago when its debt to equity ratio was 35.3%.
Debt Coverage: 534758 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 534758 has no debt, therefore coverage of interest payments is not a concern.