Dividend Coverage ratio Analysis of NIIT Ltd. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPoint
Beta&Vols
Tech ChartsDividend Coverage of NIITLTD
Mar-254.55Very Good Dividend Coverage | Mar-245.69Very Good Dividend Coverage | Growth-20.02% |
Dividend Coverage Analysis of NIIT Ltd.
| Dividend Coverage Ratio of NIIT Ltd. with value of 4.55 indicates company is financially strong and could pay dividends to its common shareholders using its net income. |
| Dividend Coverage Ratio of NIITLTD drastically fell by -20.02 % this year. |
| Dividend Coverage Ratio with value of 5.69 was highest in Year Mar-24 in last Five Years. |
| Dividend Coverage Ratio with value of 0 was lowest in Year Mar-23 in last Five Years. |
| Latest Dividend Coverage Ratio with value of 4.55 is Greater than Average Dividend Coverage of 3.69 in last five years. |
Other Dividend Coverage Related Info of NIITLTD that may interest you.
NIIT Ltd. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NIITLTD | 121.66 | 123.94 | 1.84 % | Computer Software |
Defination of Dividend Coverage
The Dividend Coverage Ratio (DCR) measures the number of times a company can pay dividends to its shareholders. Prospective Lenders used this Solvency metric to analyze the strength of the company in making the payments of interest regularly out of net income. more ..
Dividend Coverage Related Ratios
| InterestCoverageRatio | DividendPayoutRatio |
Tsr Stability Index
| Excellent Stability | Screener |
FY - Historical Dividend Coverage of NIIT Ltd.
| Period | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 |
|---|---|---|---|---|---|---|---|
| Dividend Coverage | 4.55 | 5.69 | 0 | 3.08 | 5.12 | 6.74 | 929.46 |
| Change | -20.02 % | 0 % | -39.85 % | -24.12 % | -99.27 % | 106.81 % | |
| Price | 122.74 | 105.60 | 326.35 | 621.70 | 137.90 | 82.20 | 90.40 |
| Price Change | 16.23 % | -67.64 % | -47.51 % | 350.83 % | 67.76 % | -9.07 % | -9.37 % |