Agni Green Power Balance Sheet Health
Financial Health criteria checks 3/6
Agni Green Power has a total shareholder equity of ₹309.9M and total debt of ₹100.3M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are ₹489.8M and ₹179.9M respectively. Agni Green Power's EBIT is ₹19.6M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹2.0M.
Key information
32.4%
Debt to equity ratio
₹100.31m
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹2.02m |
| Equity | ₹309.94m |
| Total liabilities | ₹179.91m |
| Total assets | ₹489.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AGNI's short term assets (₹334.1M) exceed its short term liabilities (₹113.7M).
Long Term Liabilities: AGNI's short term assets (₹334.1M) exceed its long term liabilities (₹66.2M).
Debt to Equity History and Analysis
Debt Level: AGNI's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: AGNI's debt to equity ratio has increased from 30.9% to 32.4% over the past 5 years.
Debt Coverage: AGNI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AGNI's interest payments on its debt are not well covered by EBIT (1.4x coverage).