Inox Wind Energy Balance Sheet Health
Financial Health criteria checks 3/6
Inox Wind Energy has a total shareholder equity of ₹53.0B and total debt of ₹14.6B, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are ₹84.5B and ₹31.4B respectively. Inox Wind Energy's EBIT is ₹3.7B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹8.1B.
Key information
27.6%
Debt to equity ratio
₹14.64b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹8.05b |
| Equity | ₹53.04b |
| Total liabilities | ₹31.45b |
| Total assets | ₹84.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543297's short term assets (₹46.9B) exceed its short term liabilities (₹30.3B).
Long Term Liabilities: 543297's short term assets (₹46.9B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 543297's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543297's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543297's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543297's interest payments on its debt are not well covered by EBIT (2.6x coverage).