Coforge Balance Sheet Health
Financial Health criteria checks 5/6
Coforge has a total shareholder equity of ₹34.3B and total debt of ₹12.1B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are ₹60.8B and ₹26.6B respectively. Coforge's EBIT is ₹10.5B making its interest coverage ratio 14.6. It has cash and short-term investments of ₹3.4B.
Key information
35.3%
Debt to equity ratio
₹12.09b
Debt
| Interest coverage ratio | 14.6x |
| Cash | ₹3.39b |
| Equity | ₹34.28b |
| Total liabilities | ₹26.57b |
| Total assets | ₹60.85b |
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 28Coforge (NSE:COFORGE) Has A Rock Solid Balance Sheet
Dec 09Does Coforge (NSE:COFORGE) Have A Healthy Balance Sheet?
Sep 05Recent updates
Getting 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 14Coforge (NSE:COFORGE) Is Increasing Its Dividend To ₹19.00
Jan 24Do Coforge's (NSE:COFORGE) Earnings Warrant Your Attention?
Jan 17Coforge (NSE:COFORGE) Has A Rock Solid Balance Sheet
Dec 09Coforge (NSE:COFORGE) Knows How To Allocate Capital Effectively
Nov 04Is Coforge Limited (NSE:COFORGE) Worth ₹3.6k Based On Its Intrinsic Value?
Oct 09What Is Coforge Limited's (NSE:COFORGE) Share Price Doing?
Sep 27Do Coforge's (NSE:COFORGE) Earnings Warrant Your Attention?
Sep 16Does Coforge (NSE:COFORGE) Have A Healthy Balance Sheet?
Sep 05Coforge (NSE:COFORGE) Will Pay A Dividend Of ₹13.00
Jul 26Coforge (NSE:COFORGE) Knows How To Allocate Capital Effectively
Jun 15Here's Why We Think Coforge (NSE:COFORGE) Is Well Worth Watching
Jun 01Coforge (NSE:COFORGE) Will Pay A Dividend Of ₹13.00
May 15Financial Position Analysis
Short Term Liabilities: COFORGE's short term assets (₹28.0B) exceed its short term liabilities (₹18.3B).
Long Term Liabilities: COFORGE's short term assets (₹28.0B) exceed its long term liabilities (₹8.2B).
Debt to Equity History and Analysis
Debt Level: COFORGE's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: COFORGE's debt to equity ratio has increased from 0.8% to 35.3% over the past 5 years.
Debt Coverage: COFORGE's debt is well covered by operating cash flow (70.1%).
Interest Coverage: COFORGE's interest payments on its debt are well covered by EBIT (14.6x coverage).