India Grid Trust Balance Sheet Health
Financial Health criteria checks 0/6
India Grid Trust has a total shareholder equity of ₹50.4B and total debt of ₹193.8B, which brings its debt-to-equity ratio to 384.6%. Its total assets and total liabilities are ₹256.6B and ₹206.2B respectively. India Grid Trust's EBIT is ₹18.8B making its interest coverage ratio 1.3. It has cash and short-term investments of ₹14.7B.
Key information
384.6%
Debt to equity ratio
₹193.82b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹14.72b |
| Equity | ₹50.40b |
| Total liabilities | ₹206.16b |
| Total assets | ₹256.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540565's short term assets (₹24.2B) do not cover its short term liabilities (₹33.4B).
Long Term Liabilities: 540565's short term assets (₹24.2B) do not cover its long term liabilities (₹172.8B).
Debt to Equity History and Analysis
Debt Level: 540565's net debt to equity ratio (355.4%) is considered high.
Reducing Debt: 540565's debt to equity ratio has increased from 100.7% to 384.6% over the past 5 years.
Debt Coverage: Insufficient data to determine if 540565's debt is well covered by operating cash flow.
Interest Coverage: 540565's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 16:03 |
| End of Day Share Price | 2024/12/20 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
India Grid Trust is covered by 7 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 |
|---|---|
| Pankaj Kadu | Axis Capital Limited |
| Abhishek Puri | Axis Capital Limited |
| Subhadip Mitra | JM Financial Institutional Securities Limited |