Inox Wind Balance Sheet Health
Financial Health criteria checks 1/6
Inox Wind has a total shareholder equity of ₹21.9B and total debt of ₹32.4B, which brings its debt-to-equity ratio to 147.7%. Its total assets and total liabilities are ₹67.9B and ₹46.0B respectively. Inox Wind's EBIT is ₹2.1B making its interest coverage ratio 0.9. It has cash and short-term investments of ₹539.2M.
Key information
147.7%
Debt to equity ratio
₹32.37b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₹539.20m |
| Equity | ₹21.92b |
| Total liabilities | ₹46.03b |
| Total assets | ₹67.95b |
Recent financial health updates
Is Inox Wind (NSE:INOXWIND) Using Too Much Debt?
May 30
Inox Wind (NSE:INOXWIND) Has Debt But No Earnings; Should You Worry?
Oct 16Is Inox Wind (NSE:INOXWIND) A Risky Investment?
Dec 06Recent updates
Revenues Tell The Story For Inox Wind Limited (NSE:INOXWIND) As Its Stock Soars 28%
Apr 20Market Participants Recognise Inox Wind Limited's (NSE:INOXWIND) Revenues Pushing Shares 38% Higher
Feb 23Upgrade: Analysts Just Made A Captivating Increase To Their Inox Wind Limited (NSE:INOXWIND) Forecasts
Feb 21When Should You Buy Inox Wind Limited (NSE:INOXWIND)?
Feb 07Inox Wind Limited's (NSE:INOXWIND) Intrinsic Value Is Potentially 54% Above Its Share Price
Jan 16Market Participants Recognise Inox Wind Limited's (NSE:INOXWIND) Revenues Pushing Shares 62% Higher
Dec 18A Look At The Intrinsic Value Of Inox Wind Limited (NSE:INOXWIND)
Oct 18Is Inox Wind (NSE:INOXWIND) Using Too Much Debt?
May 30Inox Wind (NSE:INOXWIND) Has Debt But No Earnings; Should You Worry?
Oct 16Estimating The Fair Value Of Inox Wind Limited (NSE:INOXWIND)
Mar 22Did You Miss Inox Wind's (NSE:INOXWIND) 81% Share Price Gain?
Jan 10
Is Inox Wind (NSE:INOXWIND) A Risky Investment?
Dec 06Financial Position Analysis
Short Term Liabilities: INOXWIND's short term assets (₹33.4B) do not cover its short term liabilities (₹42.6B).
Long Term Liabilities: INOXWIND's short term assets (₹33.4B) exceed its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: INOXWIND's net debt to equity ratio (145.2%) is considered high.
Reducing Debt: INOXWIND's debt to equity ratio has increased from 66.4% to 147.7% 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: INOXWIND has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if INOXWIND has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.