Coforge Balance Sheet Health
Financial Health criteria checks 5/6
Coforge has a total shareholder equity of ₹79.8B and total debt of ₹7.2B, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ₹121.3B and ₹41.4B respectively. Coforge's EBIT is ₹11.3B making its interest coverage ratio 14.9. It has cash and short-term investments of ₹17.7B.
Key information
9.0%
Debt to equity ratio
₹7.18b
Debt
| Interest coverage ratio | 14.9x |
| Cash | ₹17.73b |
| Equity | ₹79.84b |
| Total liabilities | ₹41.42b |
| Total assets | ₹121.27b |
Recent financial health updates
Coforge (NSE:COFORGE) Could Easily Take On More Debt
Dec 11
Here's Why Coforge (NSE:COFORGE) Can Manage Its Debt Responsibly
Feb 19Recent updates
Coforge (NSE:COFORGE) Could Easily Take On More Debt
Dec 11Coforge (NSE:COFORGE) Ticks All The Boxes When It Comes To Earnings Growth
Nov 26Coforge's (NSE:COFORGE) Shareholders May Want To Dig Deeper Than Statutory Profit
Oct 30Coforge Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 25Coforge's (NSE:COFORGE) Returns On Capital Not Reflecting Well On The Business
Oct 24Coforge (NSE:COFORGE) Has Affirmed Its Dividend Of ₹19.00
Jul 26Coforge Limited's (NSE:COFORGE) 26% Share Price Surge Not Quite Adding Up
Jun 09Do Coforge's (NSE:COFORGE) Earnings Warrant Your Attention?
May 24Coforge (NSE:COFORGE) Will Pay A Dividend Of ₹19.00
May 05Getting In Cheap On Coforge Limited (NSE:COFORGE) Might Be Difficult
Apr 16Here's Why Coforge (NSE:COFORGE) Can Manage Its Debt Responsibly
Feb 19Earnings Update: Here's Why Analysts Just Lifted Their Coforge Limited (NSE:COFORGE) Price Target To ₹6,390
Jan 25Shareholders Should Be Pleased With Coforge Limited's (NSE:COFORGE) Price
Jan 02Financial Position Analysis
Short Term Liabilities: COFORGE's short term assets (₹49.0B) exceed its short term liabilities (₹34.1B).
Long Term Liabilities: COFORGE's short term assets (₹49.0B) exceed its long term liabilities (₹7.4B).
Debt to Equity History and Analysis
Debt Level: COFORGE has more cash than its total debt.
Reducing Debt: COFORGE's debt to equity ratio has increased from 0.3% to 9% over the past 5 years.
Debt Coverage: COFORGE's debt is well covered by operating cash flow (164.5%).
Interest Coverage: COFORGE's interest payments on its debt are well covered by EBIT (14.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Coforge Limited is covered by 54 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ashwin Mehta | Ambit Capital |
| Mohit Jain | Anand Rathi Shares and Stock Brokers Limited |
| null null | Antique Stockbroking Ltd. |