Newgen Software Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Newgen Software Technologies has a total shareholder equity of ₹13.0B and total debt of ₹22.9M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹17.2B and ₹4.2B respectively. Newgen Software Technologies's EBIT is ₹3.0B making its interest coverage ratio -13. It has cash and short-term investments of ₹7.3B.
Key information
0.2%
Debt to equity ratio
₹22.85m
Debt
| Interest coverage ratio | -13x |
| Cash | ₹7.28b |
| Equity | ₹12.99b |
| Total liabilities | ₹4.21b |
| Total assets | ₹17.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540900's short term assets (₹13.2B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: 540900's short term assets (₹13.2B) exceed its long term liabilities (₹811.4M).
Debt to Equity History and Analysis
Debt Level: 540900 has more cash than its total debt.
Reducing Debt: 540900's debt to equity ratio has reduced from 13.6% to 0.2% over the past 5 years.
Debt Coverage: 540900's debt is well covered by operating cash flow (7131.3%).
Interest Coverage: 540900 earns more interest than it pays, so coverage of interest payments is not a concern.