Inox Green Energy Services Balance Sheet Health
Financial Health criteria checks 4/6
Inox Green Energy Services has a total shareholder equity of ₹19.2B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are ₹26.4B and ₹7.2B respectively. Inox Green Energy Services's EBIT is ₹224.4M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹1.9B.
Key information
8.7%
Debt to equity ratio
₹1.67b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹1.85b |
| Equity | ₹19.24b |
| Total liabilities | ₹7.17b |
| Total assets | ₹26.41b |
Recent financial health updates
Inox Green Energy Services (NSE:INOXGREEN) Has A Pretty Healthy Balance Sheet
Jan 07
Is Inox Green Energy Services (NSE:INOXGREEN) A Risky Investment?
Feb 14Recent updates
Inox Green Energy Services (NSE:INOXGREEN) Has A Pretty Healthy Balance Sheet
Jan 07We Think That There Are Some Issues For Inox Green Energy Services (NSE:INOXGREEN) Beyond Its Promising Earnings
Nov 03Inox Green Energy Services Limited's (NSE:INOXGREEN) 26% Price Boost Is Out Of Tune With Revenues
Jun 22The Returns On Capital At Inox Green Energy Services (NSE:INOXGREEN) Don't Inspire Confidence
Jun 13Inox Green Energy Services Limited's (NSE:INOXGREEN) Shareholders Might Be Looking For Exit
Apr 07Is Inox Green Energy Services (NSE:INOXGREEN) A Risky Investment?
Feb 14Inox Green Energy Services (NSE:INOXGREEN) Shareholders Will Want The ROCE Trajectory To Continue
Dec 06There's Reason For Concern Over Inox Green Energy Services Limited's (NSE:INOXGREEN) Price
Apr 20Financial Position Analysis
Short Term Liabilities: INOXGREEN's short term assets (₹11.5B) exceed its short term liabilities (₹4.9B).
Long Term Liabilities: INOXGREEN's short term assets (₹11.5B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: INOXGREEN has more cash than its total debt.
Reducing Debt: INOXGREEN's debt to equity ratio has reduced from 1538.9% to 8.7% over the past 5 years.
Debt Coverage: INOXGREEN's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: INOXGREEN's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/11 21:51 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Inox Green Energy Services Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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