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
Is Cigniti Technologies (NSE:CIGNITITEC) A Risky Investment?
Mar 12
We Think Cigniti Technologies (NSE:CIGNITITEC) Can Manage Its Debt With Ease
May 30We Think Cigniti Technologies (NSE:CIGNITITEC) Can Manage Its Debt With Ease
Feb 26Recent updates
Why Cigniti Technologies' (NSE:CIGNITITEC) Shaky Earnings Are Just The Beginning Of Its Problems
Jun 05We Ran A Stock Scan For Earnings Growth And Cigniti Technologies (NSE:CIGNITITEC) Passed With Ease
May 03Is Cigniti Technologies (NSE:CIGNITITEC) A Risky Investment?
Mar 12Should You Be Adding Cigniti Technologies (NSE:CIGNITITEC) To Your Watchlist Today?
Nov 04Cigniti Technologies (NSE:CIGNITITEC) Is Paying Out A Larger Dividend Than Last Year
May 25Why We Like The Returns At Cigniti Technologies (NSE:CIGNITITEC)
Mar 22Investors Met With Slowing Returns on Capital At Cigniti Technologies (NSE:CIGNITITEC)
Sep 30Investors Should Be Encouraged By Cigniti Technologies' (NSE:CIGNITITEC) Returns On Capital
Jun 14We Think Cigniti Technologies (NSE:CIGNITITEC) Can Manage Its Debt With Ease
May 30A Look At The Intrinsic Value Of Cigniti Technologies Limited (NSE:CIGNITITEC)
Apr 12Do Insiders Own Lots Of Shares In Cigniti Technologies Limited (NSE:CIGNITITEC)?
Mar 13We Think Cigniti Technologies (NSE:CIGNITITEC) Can Manage Its Debt With Ease
Feb 26Is Weakness In Cigniti Technologies Limited (NSE:CIGNITITEC) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Feb 11Financial Position Analysis
Short Term Liabilities: CIGNITITEC's short term assets (₹8.8B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: CIGNITITEC's short term assets (₹8.8B) exceed its long term liabilities (₹342.1M).
Debt to Equity History and Analysis
Debt Level: CIGNITITEC is debt free.
Reducing Debt: CIGNITITEC has no debt compared to 5 years ago when its debt to equity ratio was 35.3%.
Debt Coverage: CIGNITITEC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CIGNITITEC has no debt, therefore coverage of interest payments is not a concern.