Adani Green Energy Limited

NSEI:ADANIGREEN Stock Report

Market Cap: ₹1.9t

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 ratio1.6x
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: ADANIGREEN's short term assets (₹115.9B) do not cover its short term liabilities (₹228.1B).

Long Term Liabilities: ADANIGREEN's short term assets (₹115.9B) do not cover its long term liabilities (₹534.1B).


Debt to Equity History and Analysis

Debt Level: ADANIGREEN's net debt to equity ratio (264%) is considered high.

Reducing Debt: ADANIGREEN's debt to equity ratio has reduced from 650.6% to 297.7% over the past 5 years.

Debt Coverage: ADANIGREEN's debt is not well covered by operating cash flow (12.6%).

Interest Coverage: ADANIGREEN's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


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