ReNew Energy Global Balance Sheet Health
Financial Health criteria checks 0/6
ReNew Energy Global has a total shareholder equity of ₹122.3B and total debt of ₹670.7B, which brings its debt-to-equity ratio to 548.3%. Its total assets and total liabilities are ₹895.1B and ₹772.7B respectively. ReNew Energy Global's EBIT is ₹43.6B making its interest coverage ratio 1.1. It has cash and short-term investments of ₹73.7B.
Key information
548.3%
Debt to equity ratio
₹670.74b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹73.71b |
| Equity | ₹122.33b |
| Total liabilities | ₹772.72b |
| Total assets | ₹895.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7JU's short term assets (₹103.9B) do not cover its short term liabilities (₹156.0B).
Long Term Liabilities: 7JU's short term assets (₹103.9B) do not cover its long term liabilities (₹616.7B).
Debt to Equity History and Analysis
Debt Level: 7JU's net debt to equity ratio (488.1%) is considered high.
Reducing Debt: 7JU's debt to equity ratio has increased from 427.3% to 548.3% over the past 5 years.
Debt Coverage: 7JU's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: 7JU's interest payments on its debt are not well covered by EBIT (1.1x coverage).