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
Here's Why Coforge (NSE:COFORGE) Can Manage Its Debt Responsibly
Feb 19
Is Coforge (NSE:COFORGE) A Risky Investment?
Nov 16Coforge (NSE:COFORGE) Has A Rock Solid Balance Sheet
Jun 28Recent updates
Coforge'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 02Capital Investment Trends At Coforge (NSE:COFORGE) Look Strong
Dec 01Is Coforge (NSE:COFORGE) A Risky Investment?
Nov 16Investors Shouldn't Overlook Coforge's (NSE:COFORGE) Impressive Returns On Capital
Aug 18Coforge (NSE:COFORGE) Has A Rock Solid Balance Sheet
Jun 28The Trend Of High Returns At Coforge (NSE:COFORGE) Has Us Very Interested
May 19Coforge (NSE:COFORGE) Has Announced That It Will Be Increasing Its Dividend To ₹19.00
May 04Coforge (NSE:COFORGE) Ticks All The Boxes When It Comes To Earnings Growth
Apr 29Investors Should Be Encouraged By Coforge's (NSE:COFORGE) Returns On Capital
Feb 14Financial 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).