Newgen Software Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Newgen Software Technologies has a total shareholder equity of ₹12.2B and total debt of ₹485.1M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ₹16.9B and ₹4.6B respectively. Newgen Software Technologies's EBIT is ₹2.7B making its interest coverage ratio -12. It has cash and short-term investments of ₹7.4B.
Key information
4.0%
Debt to equity ratio
₹485.08m
Debt
Interest coverage ratio | -12x |
Cash | ₹7.41b |
Equity | ₹12.24b |
Total liabilities | ₹4.63b |
Total assets | ₹16.86b |
Recent financial health updates
Newgen Software Technologies (NSE:NEWGEN) Seems To Use Debt Rather Sparingly
Feb 06Is Newgen Software Technologies (NSE:NEWGEN) Using Too Much Debt?
Aug 11Recent updates
Newgen 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 11Newgen Software Technologies (NSE:NEWGEN) Shareholders Booked A 32% Gain In The Last Year
Jan 31Why Newgen Software Technologies Limited (NSE:NEWGEN) Could Be Worth Watching
Jan 20Does Newgen Software Technologies Limited (NSE:NEWGEN) Have A Place In Your Dividend Portfolio?
Jan 08If You Like EPS Growth Then Check Out Newgen Software Technologies (NSE:NEWGEN) Before It's Too Late
Dec 27Should You Take Comfort From Insider Transactions At Newgen Software Technologies Limited (NSE:NEWGEN)?
Dec 15Is Newgen Software Technologies Limited's (NSE:NEWGEN) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Dec 03Newgen Software Technologies (NSE:NEWGEN) Is Growing Earnings But Are They A Good Guide?
Nov 21Financial Position Analysis
Short Term Liabilities: NEWGEN's short term assets (₹13.1B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: NEWGEN's short term assets (₹13.1B) exceed its long term liabilities (₹833.7M).
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 16.3% to 4% over the past 5 years.
Debt Coverage: NEWGEN's debt is well covered by operating cash flow (580.1%).
Interest Coverage: NEWGEN earns more interest than it pays, so coverage of interest payments is not a concern.