Interest Coverage ratio Analysis of NIIT Ltd. - Deep Dive
Interest Coverage of NIITLTD
Mar-2564.34Excellent Interest Coverage | Mar-2433.56Excellent Interest Coverage | Growth91.73% |
Interest Coverage Analysis of NIIT Ltd.
Interest Coverage Ratio of NIIT Ltd. with value of 64.34 indicates the company does have sufficient profit to service its debt. |
Interest Coverage Ratio of NIITLTD rose handsomely by 91.73 % this year. |
Interest Coverage Ratio with value of 138.94 was highest in Year Mar-22 in last Five Years. |
Interest Coverage Ratio with value of 14.72 was lowest in Year Mar-23 in last Five Years. |
Latest Interest Coverage Ratio with value of 64.34 is Greater than Average Interest Coverage of 57.01 in last five years. |
Other Interest 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 Interest Coverage
Interest Coverage Ratio measures how well a company can pay its interest expenses, which are concerned with outstanding debts. more ..
Interest Coverage Related Ratios
DividendCoverageRatio |
Tsr Stability Index
Excellent Stability | Screener |
FY - Historical Interest Coverage of NIIT Ltd.
Period | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 |
---|---|---|---|---|---|---|---|
Interest Coverage | 64.34 | 33.56 | 14.72 | 138.94 | 33.47 | 86.04 | 2.63 |
Change | 91.73 % | 127.93 % | -89.40 % | 315.11 % | -61.10 % | 3167.51 % | 37.70 % |
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 % |