Orient Green Power Balance Sheet Health
Financial Health criteria checks 3/6
Orient Green Power has a total shareholder equity of ₹8.3B and total debt of ₹8.4B, which brings its debt-to-equity ratio to 102%. Its total assets and total liabilities are ₹17.6B and ₹9.3B respectively. Orient Green Power's EBIT is ₹1.1B making its interest coverage ratio 1.6. It has cash and short-term investments of ₹1.1B.
Key information
102.0%
Debt to equity ratio
₹8.45b
Debt
Interest coverage ratio | 1.6x |
Cash | ₹1.12b |
Equity | ₹8.28b |
Total liabilities | ₹9.32b |
Total assets | ₹17.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533263's short term assets (₹3.2B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 533263's short term assets (₹3.2B) do not cover its long term liabilities (₹7.4B).
Debt to Equity History and Analysis
Debt Level: 533263's net debt to equity ratio (88.5%) is considered high.
Reducing Debt: 533263's debt to equity ratio has reduced from 253% to 102% over the past 5 years.
Debt Coverage: 533263's debt is well covered by operating cash flow (32.5%).
Interest Coverage: 533263's interest payments on its debt are not well covered by EBIT (1.6x coverage).