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
Adani Green Energy (NSE:ADANIGREEN) Takes On Some Risk With Its Use Of Debt
Jun 21
Does Adani Green Energy (NSE:ADANIGREEN) Have A Healthy Balance Sheet?
Mar 19Here's Why Adani Green Energy (NSE:ADANIGREEN) Has A Meaningful Debt Burden
Feb 08Is Adani Green Energy (NSE:ADANIGREEN) A Risky Investment?
Nov 04Is Adani Green Energy (NSE:ADANIGREEN) A Risky Investment?
Jul 12Is Adani Green Energy (NSE:ADANIGREEN) Using Too Much Debt?
Dec 04Recent updates
Adani Green Energy (NSE:ADANIGREEN) Might Have The Makings Of A Multi-Bagger
Jul 17Adani Green Energy (NSE:ADANIGREEN) Takes On Some Risk With Its Use Of Debt
Jun 21Adani Green Energy Limited's (NSE:ADANIGREEN) Price In Tune With Revenues
May 25Does Adani Green Energy (NSE:ADANIGREEN) Have A Healthy Balance Sheet?
Mar 19Upgrade: The Latest Revenue Forecasts For Adani Green Energy Limited (NSE:ADANIGREEN)
Feb 26If EPS Growth Is Important To You, Adani Green Energy (NSE:ADANIGREEN) Presents An Opportunity
Feb 09Adani Green Energy (NSE:ADANIGREEN) Might Have The Makings Of A Multi-Bagger
Dec 22Do Adani Green Energy's (NSE:ADANIGREEN) Earnings Warrant Your Attention?
Jul 17Here's Why We Think Adani Green Energy (NSE:ADANIGREEN) Is Well Worth Watching
Mar 07Here's Why Adani Green Energy (NSE:ADANIGREEN) Has A Meaningful Debt Burden
Feb 08Returns On Capital Are Showing Encouraging Signs At Adani Green Energy (NSE:ADANIGREEN)
Jan 13Is Adani Green Energy (NSE:ADANIGREEN) A Risky Investment?
Nov 04Returns At Adani Green Energy (NSE:ADANIGREEN) Appear To Be Weighed Down
Sep 28If You Like EPS Growth Then Check Out Adani Green Energy (NSE:ADANIGREEN) Before It's Too Late
Aug 07Is Adani Green Energy (NSE:ADANIGREEN) A Risky Investment?
Jul 12Adani Green Energy's (NSE:ADANIGREEN) Returns On Capital Are Heading Higher
Jun 07Adani Green Energy (NSE:ADANIGREEN) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 12Is Adani Green Energy (NSE:ADANIGREEN) A Future Multi-bagger?
Mar 04What Adani Green Energy Limited's (NSE:ADANIGREEN) ROE Can Tell Us
Feb 05Imagine Holding Adani Green Energy (NSE:ADANIGREEN) Shares While The Price Zoomed 360% Higher
Jan 08Is Adani Green Energy (NSE:ADANIGREEN) Using Too Much Debt?
Dec 04Financial Position Analysis
Short Term Liabilities: ADANIGREEN's short term assets (₹87.9B) do not cover its short term liabilities (₹167.8B).
Long Term Liabilities: ADANIGREEN's short term assets (₹87.9B) do not cover its long term liabilities (₹467.2B).
Debt to Equity History and Analysis
Debt Level: ADANIGREEN's net debt to equity ratio (661.6%) is considered high.
Reducing Debt: ADANIGREEN's debt to equity ratio has reduced from 995% to 719.1% over the past 5 years.
Debt Coverage: ADANIGREEN's debt is not well covered by operating cash flow (14%).
Interest Coverage: ADANIGREEN's interest payments on its debt are not well covered by EBIT (1.3x coverage).