Agni Green Power Balance Sheet Health
Financial Health criteria checks 4/6
Agni Green Power has a total shareholder equity of ₹305.7M and total debt of ₹96.1M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are ₹460.9M and ₹155.2M respectively. Agni Green Power's EBIT is ₹34.4M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹8.0K.
Key information
31.4%
Debt to equity ratio
₹96.06m
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹8.00k |
| Equity | ₹305.71m |
| Total liabilities | ₹155.15m |
| Total assets | ₹460.86m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AGNI's short term assets (₹316.6M) exceed its short term liabilities (₹91.1M).
Long Term Liabilities: AGNI's short term assets (₹316.6M) exceed its long term liabilities (₹64.1M).
Debt to Equity History and Analysis
Debt Level: AGNI's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AGNI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AGNI's debt is well covered by operating cash flow (45.9%).
Interest Coverage: AGNI's interest payments on its debt are not well covered by EBIT (2.7x coverage).