Inox Wind Energy Balance Sheet Health
Financial Health criteria checks 3/6
Inox Wind Energy has a total shareholder equity of ₹33.9B and total debt of ₹20.7B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are ₹68.9B and ₹35.0B respectively. Inox Wind Energy's EBIT is ₹1.5B making its interest coverage ratio 0.6. It has cash and short-term investments of ₹540.8M.
Key information
60.9%
Debt to equity ratio
₹20.67b
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₹540.80m |
| Equity | ₹33.92b |
| Total liabilities | ₹34.98b |
| Total assets | ₹68.89b |
Recent financial health updates
No updates
Recent updates
Inox Wind Energy Limited (NSE:IWEL) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Apr 26
There'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 (₹33.5B) exceed its short term liabilities (₹30.8B).
Long Term Liabilities: IWEL's short term assets (₹33.5B) exceed its long term liabilities (₹4.1B).
Debt to Equity History and Analysis
Debt Level: IWEL's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: Insufficient data to determine if IWEL's debt to equity ratio has reduced 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: IWEL has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if IWEL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.