Adani Green Energy Balance Sheet Health
Financial Health criteria checks 1/6
Adani Green Energy has a total shareholder equity of ₹220.4B and total debt of ₹656.1B, which brings its debt-to-equity ratio to 297.7%. Its total assets and total liabilities are ₹982.6B and ₹762.2B respectively. Adani Green Energy's EBIT is ₹61.3B making its interest coverage ratio 1.6. It has cash and short-term investments of ₹74.3B.
Key information
297.7%
Debt to equity ratio
₹656.06b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹74.31b |
| Equity | ₹220.35b |
| Total liabilities | ₹762.23b |
| Total assets | ₹982.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541450's short term assets (₹115.9B) do not cover its short term liabilities (₹228.1B).
Long Term Liabilities: 541450's short term assets (₹115.9B) do not cover its long term liabilities (₹534.1B).
Debt to Equity History and Analysis
Debt Level: 541450's net debt to equity ratio (264%) is considered high.
Reducing Debt: 541450's debt to equity ratio has reduced from 650.6% to 297.7% over the past 5 years.
Debt Coverage: 541450's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: 541450's interest payments on its debt are not well covered by EBIT (1.6x coverage).