Adani Power Balance Sheet Health
Financial Health criteria checks 4/6
Adani Power has a total shareholder equity of ₹405.1B and total debt of ₹323.7B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are ₹897.1B and ₹492.0B respectively. Adani Power's EBIT is ₹116.7B making its interest coverage ratio -7.5. It has cash and short-term investments of ₹28.7B.
Key information
79.9%
Debt to equity ratio
₹323.67b
Debt
| Interest coverage ratio | -7.5x |
| Cash | ₹28.65b |
| Equity | ₹405.09b |
| Total liabilities | ₹492.00b |
| Total assets | ₹897.09b |
Financial Position Analysis
Short Term Liabilities: ADANIPOWER's short term assets (₹196.0B) exceed its short term liabilities (₹174.4B).
Long Term Liabilities: ADANIPOWER's short term assets (₹196.0B) do not cover its long term liabilities (₹317.6B).
Debt to Equity History and Analysis
Debt Level: ADANIPOWER's net debt to equity ratio (72.8%) is considered high.
Reducing Debt: ADANIPOWER's debt to equity ratio has reduced from 821.3% to 79.9% over the past 5 years.
Debt Coverage: ADANIPOWER's debt is well covered by operating cash flow (43.6%).
Interest Coverage: ADANIPOWER earns more interest than it pays, so coverage of interest payments is not a concern.