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NINtec Systems (BOM:539843) Liabilities-to-Assets : 0.25 (As of Sep. 2023)


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What is NINtec Systems Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. NINtec Systems's Total Liabilities for the quarter that ended in Sep. 2023 was ₹82.6 Mil. NINtec Systems's Total Assets for the quarter that ended in Sep. 2023 was ₹336.1 Mil. Therefore, NINtec Systems's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.25.


NINtec Systems Liabilities-to-Assets Historical Data

The historical data trend for NINtec Systems's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NINtec Systems Liabilities-to-Assets Chart

NINtec Systems Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.10 0.12 0.19 0.24 0.42

NINtec Systems Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.15 0.24 0.25 0.42

Competitive Comparison of NINtec Systems's Liabilities-to-Assets

For the Information Technology Services subindustry, NINtec Systems's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NINtec Systems's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, NINtec Systems's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where NINtec Systems's Liabilities-to-Assets falls into.



NINtec Systems Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

NINtec Systems's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=250.029/599.621
=0.42

NINtec Systems's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=82.646/336.062
=0.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NINtec Systems  (BOM:539843) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


NINtec Systems Liabilities-to-Assets Related Terms

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NINtec Systems (BOM:539843) Business Description

Traded in Other Exchanges
Address
S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054
NINtec Systems Ltd is an offshore software development services and solutions company. The firm is involved in computer programming, consultancy, and related activities. The company provides services like Application Development and Maintenance, Strategic Offshore Software Product Development, Legacy System Development and Software Migration, and Search Engine Optimization. The firm specializes in areas of Dot Net Development, Game Development, PHP Development, ERP Wireless, Mobile and WAP Development. The group has also integrated cloud services into its existing business platform. The company serves industries such as Automotive, Print media and Publishing, Banking, Financial Services, and Insurance, and Transportation and Logistics sector.

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