Inox Wind Balance Sheet Health
Financial Health criteria checks 3/6
Inox Wind has a total shareholder equity of ₹21.5B and total debt of ₹27.3B, which brings its debt-to-equity ratio to 126.7%. Its total assets and total liabilities are ₹63.8B and ₹42.3B respectively. Inox Wind's EBIT is ₹289.1M making its interest coverage ratio 0.1. It has cash and short-term investments of ₹2.7B.
Key information
126.7%
Debt to equity ratio
₹27.26b
Debt
Interest coverage ratio | 0.1x |
Cash | ₹2.69b |
Equity | ₹21.52b |
Total liabilities | ₹42.30b |
Total assets | ₹63.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539083's short term assets (₹36.2B) exceed its short term liabilities (₹34.6B).
Long Term Liabilities: 539083's short term assets (₹36.2B) exceed its long term liabilities (₹7.7B).
Debt to Equity History and Analysis
Debt Level: 539083's net debt to equity ratio (114.2%) is considered high.
Reducing Debt: 539083's debt to equity ratio has increased from 43.9% to 126.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 539083 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if 539083 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.