Adani Power Financial Health
Financial Health criteria checks 2/6
Adani Power has a total shareholder equity of ₹298.8B and total debt of ₹422.5B, which brings its debt-to-equity ratio to 141.4%. Its total assets and total liabilities are ₹858.2B and ₹559.5B respectively. Adani Power's EBIT is ₹67.4B making its interest coverage ratio 2. It has cash and short-term investments of ₹24.9B.
Key information
141.4%
Debt to equity ratio
₹422.52b
Debt
Interest coverage ratio | 2x |
Cash | ₹24.85b |
Equity | ₹298.76b |
Total liabilities | ₹559.46b |
Total assets | ₹858.21b |
Financial Position Analysis
Short Term Liabilities: ADANIPOWER's short term assets (₹195.5B) exceed its short term liabilities (₹177.4B).
Long Term Liabilities: ADANIPOWER's short term assets (₹195.5B) do not cover its long term liabilities (₹382.0B).
Debt to Equity History and Analysis
Debt Level: ADANIPOWER's net debt to equity ratio (133.1%) is considered high.
Reducing Debt: ADANIPOWER's debt to equity ratio has reduced from 5964.3% to 141.4% over the past 5 years.
Debt Coverage: ADANIPOWER's debt is not well covered by operating cash flow (20%).
Interest Coverage: ADANIPOWER's interest payments on its debt are not well covered by EBIT (2x coverage).