India Grid Trust Balance Sheet Health
Financial Health criteria checks 0/6
India Grid Trust has a total shareholder equity of ₹50.4B and total debt of ₹193.8B, which brings its debt-to-equity ratio to 384.6%. Its total assets and total liabilities are ₹256.6B and ₹206.2B respectively. India Grid Trust's EBIT is ₹18.8B making its interest coverage ratio 1.3. It has cash and short-term investments of ₹14.7B.
Key information
384.6%
Debt to equity ratio
₹193.82b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹14.72b |
| Equity | ₹50.40b |
| Total liabilities | ₹206.16b |
| Total assets | ₹256.56b |
Recent financial health updates
Recent updates
India Grid Trust (NSE:INDIGRID) Is Increasing Its Dividend To ₹3.30
Jan 28
India Grid Trust's (NSE:INDIGRID) Upcoming Dividend Will Be Larger Than Last Year's
Jul 29India Grid Trust (NSE:INDIGRID) Will Pay A Larger Dividend Than Last Year At ₹3.19
Oct 29Weak Statutory Earnings May Not Tell The Whole Story For India Grid Trust (NSE:INDIGRID)
Jun 03Is India Grid Trust (NSE:INDIGRID) A Good Fit For Your Dividend Portfolio?
May 05How Much Are India Grid Trust (NSE:INDIGRID) Insiders Spending On Buying Shares?
Mar 14Could The India Grid Trust (NSE:INDIGRID) Ownership Structure Tell Us Something Useful?
Feb 24Key Things To Consider Before Buying India Grid Trust (NSE:INDIGRID) For Its Dividend
Feb 04Does India Grid Trust (NSE:INDIGRID) Have A Healthy Balance Sheet?
Jan 17
How Good Is India Grid Trust (NSE:INDIGRID), When It Comes To ROE?
Dec 27What Is The Ownership Structure Like For India Grid Trust (NSE:INDIGRID)?
Nov 26Update: India Grid Trust (NSE:INDIGRID) Stock Gained 15% In The Last Year
Oct 23Financial Position Analysis
Short Term Liabilities: INDIGRID's short term assets (₹24.2B) do not cover its short term liabilities (₹33.4B).
Long Term Liabilities: INDIGRID's short term assets (₹24.2B) do not cover its long term liabilities (₹172.8B).
Debt to Equity History and Analysis
Debt Level: INDIGRID's net debt to equity ratio (355.4%) is considered high.
Reducing Debt: INDIGRID's debt to equity ratio has increased from 100.7% to 384.6% over the past 5 years.
Debt Coverage: Insufficient data to determine if INDIGRID's debt is well covered by operating cash flow.
Interest Coverage: INDIGRID's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:50 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
India Grid Trust is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pankaj Kadu | Axis Capital Limited |
| Abhishek Puri | Axis Capital Limited |
| Subhadip Mitra | JM Financial Institutional Securities Limited |