Inox Wind Energy Balance Sheet Health
Financial Health criteria checks 2/6
Inox Wind Energy has a total shareholder equity of ₹25.9B and total debt of ₹23.4B, which brings its debt-to-equity ratio to 90.4%. Its total assets and total liabilities are ₹64.8B and ₹38.9B respectively. Inox Wind Energy's EBIT is ₹214.6M making its interest coverage ratio 0.1. It has cash and short-term investments of ₹2.7B.
Key information
90.4%
Debt to equity ratio
₹23.41b
Debt
Interest coverage ratio | 0.1x |
Cash | ₹2.69b |
Equity | ₹25.91b |
Total liabilities | ₹38.88b |
Total assets | ₹64.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543297's short term assets (₹36.3B) exceed its short term liabilities (₹30.8B).
Long Term Liabilities: 543297's short term assets (₹36.3B) exceed its long term liabilities (₹8.1B).
Debt to Equity History and Analysis
Debt Level: 543297's net debt to equity ratio (80%) is considered high.
Reducing Debt: Insufficient data to determine if 543297's debt to equity ratio has reduced 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: 543297 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 543297 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 72.7% each year