Newgen Software Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Newgen Software Technologies has a total shareholder equity of ₹13.0B and total debt of ₹22.9M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹17.2B and ₹4.2B respectively. Newgen Software Technologies's EBIT is ₹3.0B making its interest coverage ratio -13. It has cash and short-term investments of ₹7.3B.
Key information
0.2%
Debt to equity ratio
₹22.85m
Debt
| Interest coverage ratio | -13x |
| Cash | ₹7.28b |
| Equity | ₹12.99b |
| Total liabilities | ₹4.21b |
| Total assets | ₹17.20b |
Recent financial health updates
Newgen Software Technologies (NSE:NEWGEN) Seems To Use Debt Rather Sparingly
Feb 06
Is Newgen Software Technologies (NSE:NEWGEN) Using Too Much Debt?
Aug 11Recent updates
Impressive Earnings May Not Tell The Whole Story For Newgen Software Technologies (NSE:NEWGEN)
Oct 23Newgen Software Technologies Limited Just Recorded A 28% EPS Beat: Here's What Analysts Are Forecasting Next
Oct 18Is Now An Opportune Moment To Examine Newgen Software Technologies Limited (NSE:NEWGEN)?
Oct 15Subdued Growth No Barrier To Newgen Software Technologies Limited (NSE:NEWGEN) With Shares Advancing 29%
Sep 27Newgen Software Technologies Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jul 22Newgen Software Technologies (NSE:NEWGEN) Might Become A Compounding Machine
Jun 22Should You Investigate Newgen Software Technologies Limited (NSE:NEWGEN) At ₹987?
May 21Market Participants Recognise Newgen Software Technologies Limited's (NSE:NEWGEN) Earnings Pushing Shares 29% Higher
May 04Newgen Software Technologies Limited (NSE:NEWGEN) Just Released Its Annual Results And Analysts Are Updating Their Estimates
May 03Is Now The Time To Put Newgen Software Technologies (NSE:NEWGEN) On Your Watchlist?
Mar 26Newgen Software Technologies (NSE:NEWGEN) Will Want To Turn Around Its Return Trends
Feb 21Newgen Software Technologies (NSE:NEWGEN) Seems To Use Debt Rather Sparingly
Feb 06₹990 - That's What Analysts Think Newgen Software Technologies Limited (NSE:NEWGEN) Is Worth After These Results
Jan 19Should You Think About Buying Newgen Software Technologies Limited (NSE:NEWGEN) Now?
Jan 16Earnings Tell The Story For Newgen Software Technologies Limited (NSE:NEWGEN)
Dec 27Here's Why We Think Newgen Software Technologies (NSE:NEWGEN) Might Deserve Your Attention Today
Dec 06Returns On Capital At Newgen Software Technologies (NSE:NEWGEN) Have Hit The Brakes
Sep 28What Does Newgen Software Technologies Limited's (NSE:NEWGEN) Share Price Indicate?
Aug 29Is Newgen Software Technologies (NSE:NEWGEN) Using Too Much Debt?
Aug 11Newgen Software Technologies (NSE:NEWGEN) Is Increasing Its Dividend To ₹5.00
May 30Newgen Software Technologies (NSE:NEWGEN) Is Paying Out A Larger Dividend Than Last Year
May 05I Ran A Stock Scan For Earnings Growth And Newgen Software Technologies (NSE:NEWGEN) Passed With Ease
May 12It Looks Like Shareholders Would Probably Approve Newgen Software Technologies Limited's (NSE:NEWGEN) CEO Compensation Package
Jul 20Newgen Software Technologies (NSE:NEWGEN) Knows How To Allocate Capital Effectively
Jun 30Is Now The Time To Look At Buying Newgen Software Technologies Limited (NSE:NEWGEN)?
May 24Is Newgen Software Technologies Limited (NSE:NEWGEN) A Smart Pick For Income Investors?
Apr 12Do Newgen Software Technologies's (NSE:NEWGEN) Earnings Warrant Your Attention?
Mar 29Newgen Software Technologies Limited's (NSE:NEWGEN) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Mar 15Don't Ignore The Fact That This Insider Just Sold Some Shares In Newgen Software Technologies Limited (NSE:NEWGEN)
Mar 03We Like Newgen Software Technologies' (NSE:NEWGEN) Returns And Here's How They're Trending
Feb 22How Much Is Newgen Software Technologies Limited (NSE:NEWGEN) CEO Getting Paid?
Feb 11Financial Position Analysis
Short Term Liabilities: NEWGEN's short term assets (₹13.2B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: NEWGEN's short term assets (₹13.2B) exceed its long term liabilities (₹811.4M).
Debt to Equity History and Analysis
Debt Level: NEWGEN has more cash than its total debt.
Reducing Debt: NEWGEN's debt to equity ratio has reduced from 13.6% to 0.2% over the past 5 years.
Debt Coverage: NEWGEN's debt is well covered by operating cash flow (7131.3%).
Interest Coverage: NEWGEN earns more interest than it pays, so coverage of interest payments is not a concern.