Adani Green Energy Balance Sheet Health
Financial Health criteria checks 1/6
Adani Green Energy has a total shareholder equity of ₹79.8B and total debt of ₹573.8B, which brings its debt-to-equity ratio to 719.1%. Its total assets and total liabilities are ₹714.8B and ₹635.0B respectively. Adani Green Energy's EBIT is ₹57.0B making its interest coverage ratio 1.3. It has cash and short-term investments of ₹45.9B.
Key information
719.1%
Debt to equity ratio
₹573.78b
Debt
Interest coverage ratio | 1.3x |
Cash | ₹45.91b |
Equity | ₹79.79b |
Total liabilities | ₹635.00b |
Total assets | ₹714.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541450's short term assets (₹87.9B) do not cover its short term liabilities (₹167.8B).
Long Term Liabilities: 541450's short term assets (₹87.9B) do not cover its long term liabilities (₹467.2B).
Debt to Equity History and Analysis
Debt Level: 541450's net debt to equity ratio (661.6%) is considered high.
Reducing Debt: 541450's debt to equity ratio has reduced from 995% to 719.1% over the past 5 years.
Debt Coverage: 541450's debt is not well covered by operating cash flow (14%).
Interest Coverage: 541450's interest payments on its debt are not well covered by EBIT (1.3x coverage).