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
Recent updates
What You Can Learn From Inox Wind Energy Limited's (NSE:IWEL) P/S
Jan 16
Inox Wind Energy (NSE:IWEL) Shareholders Will Want The ROCE Trajectory To Continue
Dec 20Here's Why Inox Wind Energy (NSE:IWEL) Has A Meaningful Debt Burden
Oct 27Inox Wind Energy Limited's (NSE:IWEL) 27% Jump Shows Its Popularity With Investors
Aug 15Inox Wind Energy Limited (NSE:IWEL) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Apr 26There's Been No Shortage Of Growth Recently For Inox Wind Energy's (NSE:IWEL) Returns On Capital
Mar 27There's Reason For Concern Over Inox Wind Energy Limited's (NSE:IWEL) Massive 27% Price Jump
Feb 20Financial Position Analysis
Short Term Liabilities: IWEL's short term assets (₹46.9B) exceed its short term liabilities (₹30.3B).
Long Term Liabilities: IWEL's short term assets (₹46.9B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: IWEL's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IWEL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IWEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IWEL's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/15 20:43 |
| End of Day Share Price | 2025/01/15 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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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 Wind Energy Limited is covered by 2 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 |
|---|---|
| Mohit Kumar | ICICI Securities Ltd. |
| Anuj Upadhyay | Investec Bank plc (UK) |