Cyient Balance Sheet Health
Financial Health criteria checks 6/6
Cyient has a total shareholder equity of ₹45.6B and total debt of ₹4.5B, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are ₹70.0B and ₹24.5B respectively. Cyient's EBIT is ₹10.4B making its interest coverage ratio 8.9. It has cash and short-term investments of ₹10.6B.
Key information
9.9%
Debt to equity ratio
₹4.53b
Debt
| Interest coverage ratio | 8.9x |
| Cash | ₹10.59b |
| Equity | ₹45.57b |
| Total liabilities | ₹24.47b |
| Total assets | ₹70.04b |
Recent financial health updates
Is Cyient (NSE:CYIENT) A Risky Investment?
Mar 04
Cyient (NSE:CYIENT) Could Easily Take On More Debt
Sep 21Cyient (NSE:CYIENT) Seems To Use Debt Rather Sparingly
May 31Is Cyient (NSE:CYIENT) A Risky Investment?
Feb 21Is Cyient (NSE:CYIENT) A Risky Investment?
Nov 17Cyient (NSE:CYIENT) Seems To Use Debt Rather Sparingly
Jul 14Recent updates
What Does Cyient Limited's (NSE:CYIENT) Share Price Indicate?
Apr 18Cyient (NSE:CYIENT) Is Reinvesting To Multiply In Value
Mar 19Is Cyient (NSE:CYIENT) A Risky Investment?
Mar 04Cyient Limited Just Missed Earnings - But Analysts Have Updated Their Models
Jan 28Is It Too Late To Consider Buying Cyient Limited (NSE:CYIENT)?
Jan 16If EPS Growth Is Important To You, Cyient (NSE:CYIENT) Presents An Opportunity
Jan 04Subdued Growth No Barrier To Cyient Limited (NSE:CYIENT) With Shares Advancing 32%
Dec 23Cyient (NSE:CYIENT) Is Paying Out A Larger Dividend Than Last Year
Oct 22Is There Now An Opportunity In Cyient Limited (NSE:CYIENT)?
Oct 10Cyient (NSE:CYIENT) Could Easily Take On More Debt
Sep 21Should You Be Adding Cyient (NSE:CYIENT) To Your Watchlist Today?
Sep 07Returns On Capital At Cyient (NSE:CYIENT) Have Stalled
Jul 11Why Cyient Limited (NSE:CYIENT) Could Be Worth Watching
Jun 27Cyient (NSE:CYIENT) Seems To Use Debt Rather Sparingly
May 31Cyient (NSE:CYIENT) Hasn't Managed To Accelerate Its Returns
Mar 25Is Cyient (NSE:CYIENT) A Risky Investment?
Feb 21What Does Cyient Limited's (NSE:CYIENT) Share Price Indicate?
Feb 03Here's What To Make Of Cyient's (NSE:CYIENT) Decelerating Rates Of Return
Dec 24Is Cyient (NSE:CYIENT) A Risky Investment?
Nov 17With EPS Growth And More, Cyient (NSE:CYIENT) Makes An Interesting Case
Aug 02Industry Analysts Just Upgraded Their Cyient Limited (NSE:CYIENT) Revenue Forecasts By 13%
Jul 22Cyient (NSE:CYIENT) Seems To Use Debt Rather Sparingly
Jul 14Is It Time To Consider Buying Cyient Limited (NSE:CYIENT)?
Jun 08Returns At Cyient (NSE:CYIENT) Appear To Be Weighed Down
May 12Should You Think About Buying Cyient Limited (NSE:CYIENT) Now?
Feb 26Returns At Cyient (NSE:CYIENT) Appear To Be Weighed Down
Feb 01Cyient Limited (NSE:CYIENT) Shares Could Be 27% Above Their Intrinsic Value Estimate
Nov 30Returns On Capital At Cyient (NSE:CYIENT) Have Hit The Brakes
Oct 18Financial Position Analysis
Short Term Liabilities: CYIENT's short term assets (₹35.6B) exceed its short term liabilities (₹16.6B).
Long Term Liabilities: CYIENT's short term assets (₹35.6B) exceed its long term liabilities (₹7.9B).
Debt to Equity History and Analysis
Debt Level: CYIENT has more cash than its total debt.
Reducing Debt: CYIENT's debt to equity ratio has reduced from 14.4% to 9.9% over the past 5 years.
Debt Coverage: CYIENT's debt is well covered by operating cash flow (160.4%).
Interest Coverage: CYIENT's interest payments on its debt are well covered by EBIT (8.9x coverage).