ReNew Energy Global Balance Sheet Health
Financial Health criteria checks 0/6
ReNew Energy Global has a total shareholder equity of ₹129.7B and total debt of ₹699.1B, which brings its debt-to-equity ratio to 538.9%. Its total assets and total liabilities are ₹930.7B and ₹801.0B respectively. ReNew Energy Global's EBIT is ₹46.7B making its interest coverage ratio 1.2. It has cash and short-term investments of ₹73.9B.
Key information
538.9%
Debt to equity ratio
₹699.13b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹73.85b |
| Equity | ₹129.73b |
| Total liabilities | ₹801.00b |
| Total assets | ₹930.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7JU's short term assets (₹108.9B) do not cover its short term liabilities (₹168.3B).
Long Term Liabilities: 7JU's short term assets (₹108.9B) do not cover its long term liabilities (₹632.7B).
Debt to Equity History and Analysis
Debt Level: 7JU's net debt to equity ratio (482%) is considered high.
Reducing Debt: 7JU's debt to equity ratio has increased from 427.3% to 538.9% over the past 5 years.
Debt Coverage: 7JU's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 7JU's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 13:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ReNew Energy Global Plc is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Julien Dumoulin-Smith | BofA Global Research |
| Nikhil Bhandari | Goldman Sachs |
| Puneet Gulati | HSBC |