NINtec Systems Balance Sheet Health
Financial Health criteria checks 5/6
NINtec Systems has a total shareholder equity of ₹349.6M and total debt of ₹23.6M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ₹599.6M and ₹250.0M respectively. NINtec Systems's EBIT is ₹188.3M making its interest coverage ratio 565.5. It has cash and short-term investments of ₹267.8M.
Key information
6.8%
Debt to equity ratio
₹23.60m
Debt
Interest coverage ratio | 565.5x |
Cash | ₹267.76m |
Equity | ₹349.59m |
Total liabilities | ₹250.03m |
Total assets | ₹599.62m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NINSYS's short term assets (₹553.8M) exceed its short term liabilities (₹219.0M).
Long Term Liabilities: NINSYS's short term assets (₹553.8M) exceed its long term liabilities (₹31.0M).
Debt to Equity History and Analysis
Debt Level: NINSYS has more cash than its total debt.
Reducing Debt: NINSYS's debt to equity ratio has increased from 0% to 6.8% over the past 5 years.
Debt Coverage: NINSYS's debt is well covered by operating cash flow (420.2%).
Interest Coverage: NINSYS's interest payments on its debt are well covered by EBIT (565.5x coverage).