NIIT Historical Balance Sheet

NIITLTD Stock   221.62  2.75  1.23%   
Trend analysis of NIIT Limited balance sheet accounts such as Total Current Liabilities of 1.1 B provides information on NIIT's total assets, liabilities, and equity, which is the actual value of NIIT Limited to its prevalent stockholders. By breaking down trends over time using NIIT balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining NIIT Limited latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NIIT Limited is a good buy for the upcoming year.

NIIT Inventory

10.02 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIIT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About NIIT Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of NIIT Limited at a specified time, usually calculated after every quarter, six months, or one year. NIIT Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NIIT and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NIIT currently owns. An asset can also be divided into two categories, current and non-current.

NIIT Balance Sheet Chart

At present, NIIT's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 6.1 B, whereas Other Current Liabilities is forecasted to decline to about 482.4 M.

Total Assets

Total assets refers to the total amount of NIIT assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NIIT Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on NIIT balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NIIT Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from NIIT's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NIIT Limited current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIIT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, NIIT's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 6.1 B, whereas Other Current Liabilities is forecasted to decline to about 482.4 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total252.3M128.8M82.8M78.7M
Total Assets21.1B11.4B11.6B14.1B

NIIT balance sheet Correlations

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0.120.230.52-0.14-0.180.710.650.020.59-0.31-0.420.52-0.610.48-0.540.920.230.470.710.74-0.17-0.030.580.64-0.22
0.690.230.780.560.67-0.280.010.64-0.070.590.460.650.220.30.360.2-0.020.59-0.210.670.680.730.130.620.56
0.690.520.780.450.29-0.170.550.80.380.350.210.88-0.070.470.020.480.020.520.180.950.460.470.390.590.56
0.92-0.140.560.450.67-0.51-0.210.58-0.170.890.930.180.580.270.85-0.35-0.680.17-0.240.210.930.34-0.090.120.83
0.65-0.180.670.290.67-0.28-0.40.22-0.30.650.660.180.540.310.71-0.26-0.350.34-0.580.130.740.60.020.430.42
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0.030.650.010.55-0.21-0.40.260.310.68-0.33-0.460.73-0.620.44-0.630.690.480.050.630.68-0.29-0.10.570.17-0.04
0.690.020.640.80.580.22-0.690.310.10.550.470.610.350.160.280.02-0.130.31-0.020.620.590.390.030.090.81
0.10.59-0.070.38-0.17-0.30.370.680.1-0.39-0.440.37-0.390.65-0.50.570.07-0.080.510.5-0.38-0.40.760.22-0.24
0.75-0.310.590.350.890.65-0.6-0.330.55-0.390.950.130.56-0.030.88-0.51-0.550.08-0.470.080.880.47-0.360.120.87
0.74-0.420.460.210.930.66-0.63-0.460.47-0.440.95-0.030.68-0.070.96-0.63-0.670.01-0.51-0.070.90.37-0.430.00.83
0.430.520.650.880.180.18-0.040.730.610.370.13-0.03-0.360.44-0.210.560.440.360.190.880.230.540.450.50.36
0.43-0.610.22-0.070.580.54-0.7-0.620.35-0.390.560.68-0.36-0.070.72-0.62-0.620.07-0.49-0.280.580.03-0.35-0.250.44
0.490.480.30.470.270.310.240.440.160.65-0.03-0.070.44-0.07-0.10.48-0.10.290.370.540.15-0.040.910.27-0.07
0.65-0.540.360.020.850.71-0.58-0.630.28-0.50.880.96-0.210.72-0.1-0.73-0.7-0.05-0.62-0.260.840.36-0.43-0.040.7
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-0.550.23-0.020.02-0.68-0.350.260.48-0.130.07-0.55-0.670.44-0.62-0.1-0.70.46-0.010.190.19-0.540.160.170.02-0.42
0.350.470.590.520.170.340.120.050.31-0.080.080.010.360.070.29-0.050.52-0.010.250.590.370.490.270.530.12
-0.070.71-0.210.18-0.24-0.580.510.63-0.020.51-0.47-0.510.19-0.490.37-0.620.720.190.250.41-0.3-0.450.52-0.05-0.3
0.510.740.670.950.210.130.110.680.620.50.08-0.070.88-0.280.54-0.260.740.190.590.410.240.350.550.640.29
0.88-0.170.680.460.930.74-0.54-0.290.59-0.380.880.90.230.580.150.84-0.31-0.540.37-0.30.240.57-0.160.190.83
0.41-0.030.730.470.340.6-0.28-0.10.39-0.40.470.370.540.03-0.040.36-0.020.160.49-0.450.350.57-0.110.480.51
0.210.580.130.39-0.090.020.40.570.030.76-0.36-0.430.45-0.350.91-0.430.660.170.270.520.55-0.16-0.110.24-0.32
0.310.640.620.590.120.430.410.170.090.220.120.00.5-0.250.27-0.040.520.020.53-0.050.640.190.480.240.06
0.78-0.220.560.560.830.42-0.72-0.040.81-0.240.870.830.360.44-0.070.7-0.38-0.420.12-0.30.290.830.51-0.320.06
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NIIT Account Relationship Matchups

NIIT balance sheet Accounts

201920202021202220232024 (projected)
Total Assets20.2B21.5B21.1B11.4B11.6B14.1B
Short Long Term Debt Total1.7B579.7M252.3M128.8M82.8M78.7M
Other Current Liab2.5B2.5B2.8B895.0M507.8M482.4M
Total Current Liabilities4.1B4.8B5.6B1.3B1.1B1.1B
Total Stockholder Equity15.2B16.4B15.2B10.0B10.3B8.5B
Property Plant And Equipment Net2.3B1.7B1.6B1.5B1.5B1.5B
Net Debt807.5M(1.2B)(2.8B)(359.1M)(305.7M)(290.4M)
Accounts Payable957.7M911.2M1.3B369.6M409.1M388.7M
Cash856.4M1.7B3.1B487.9M388.5M369.1M
Non Current Assets Total4.6B3.8B4.7B3.3B3.5B6.1B
Non Currrent Assets Other11.7B12.6B11.7B7.7B1.5B1.4B
Cash And Short Term Investments12.1B13.9B12.4B7.7B7.2B4.1B
Net Receivables3.2B3.7B3.8B570.8M812.3M771.7M
Good Will364.5M354.5M1.2B835.2M751.7M680.2M
Common Stock Shares Outstanding161.1M143.6M137.6M137.6M136.5M160.7M
Short Term Investments11.2B12.1B9.4B7.2B6.8B7.1B
Liabilities And Stockholders Equity20.2B21.5B21.1B11.4B11.6B14.1B
Non Current Liabilities Total858.1M294.3M311.5M96.9M110.3M104.8M
Inventory5.1M610K20.6M7.0M10.6M10.0M
Other Current Assets3.6B1.6B3.9B205.8M115.5M109.7M
Other Stockholder Equity104.4M171.6M252.5M249.0M277.3M263.4M
Total Liab5.0B5.1B5.9B1.4B1.2B1.2B
Total Current Assets15.6B17.7B16.4B8.1B8.1B8.1B
Accumulated Other Comprehensive Income(819.3M)5.8B6.0B5.6B5.7B6.0B
Intangible Assets1.1B1.1B963.5M293.2M450.8M576.7M
Common Stock283.0M284.7M267.7M269.1M270.1M326.2M
Short Term Debt811.9M300.1M139.9M33.3M19.4M18.4M
Current Deferred Revenue2.2B3.5B4.0B438.3M196.5M186.7M
Retained Earnings9.1B10.2B8.7B3.8B4.1B4.2B
Other Liab6.1M14.6M199.2M1.3M1.2M1.1M
Net Tangible Assets13.7B15.0B13.0B8.8B10.2B9.9B
Other Assets1.2B819.4M30K177.9M160.1M152.1M
Long Term Debt927.8M1.5B239.2M77.2M5.3M0.0
Short Long Term Debt539.8M601.4M202.5M85.2M5.3M0.0
Property Plant Equipment2.3B1.7B1.6B1.5B1.7B1.7B
Long Term Debt Total852.0M279.7M112.4M95.6M86.0M81.7M
Capital Surpluse104.4M171.6M252.5M249.0M224.1M338.0M
Cash And Equivalents99M38M59.8M100K115K109.3K

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Other Information on Investing in NIIT Stock

Balance Sheet is a snapshot of the financial position of NIIT Limited at a specified time, usually calculated after every quarter, six months, or one year. NIIT Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NIIT and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NIIT currently owns. An asset can also be divided into two categories, current and non-current.