Indowind Energy Balance Sheet Health
Financial Health criteria checks 3/6
Indowind Energy has a total shareholder equity of ₹2.4B and total debt of ₹313.2M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are ₹2.9B and ₹564.0M respectively. Indowind Energy's EBIT is ₹102.4M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹6.8M.
Key information
13.3%
Debt to equity ratio
₹313.22m
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹6.76m |
| Equity | ₹2.35b |
| Total liabilities | ₹563.99m |
| Total assets | ₹2.92b |
Recent financial health updates
Here's Why Indowind Energy (NSE:INDOWIND) Can Manage Its Debt Responsibly
Jul 19
Auditors Have Doubts About Indowind Energy (NSE:INDOWIND)
Sep 17Indowind Energy (NSE:INDOWIND) Has A Somewhat Strained Balance Sheet
Sep 02Is Indowind Energy (NSE:INDOWIND) Using Too Much Debt?
Dec 14Health Check: How Prudently Does Indowind Energy (NSE:INDOWIND) Use Debt?
Jan 03Is Indowind Energy (NSE:INDOWIND) A Risky Investment?
Sep 20
Recent updates
Here's Why Indowind Energy (NSE:INDOWIND) Can Manage Its Debt Responsibly
Jul 19Indowind Energy (NSE:INDOWIND) Has Some Way To Go To Become A Multi-Bagger
Mar 28Here's Why We Think Indowind Energy (NSE:INDOWIND) Is Well Worth Watching
Mar 01Returns At Indowind Energy (NSE:INDOWIND) Appear To Be Weighed Down
Dec 21Auditors Have Doubts About Indowind Energy (NSE:INDOWIND)
Sep 17Indowind Energy (NSE:INDOWIND) Has A Somewhat Strained Balance Sheet
Sep 02Indowind Energy (NSE:INDOWIND) Could Be Struggling To Allocate Capital
May 27Indowind Energy (NSE:INDOWIND) Could Be At Risk Of Shrinking As A Company
Feb 25Is Indowind Energy (NSE:INDOWIND) Using Too Much Debt?
Dec 14Do Indowind Energy's (NSE:INDOWIND) Earnings Warrant Your Attention?
Jul 26Health Check: How Prudently Does Indowind Energy (NSE:INDOWIND) Use Debt?
Jan 03Is Indowind Energy (NSE:INDOWIND) A Risky Investment?
Sep 20Financial Position Analysis
Short Term Liabilities: INDOWIND's short term assets (₹368.0M) exceed its short term liabilities (₹137.7M).
Long Term Liabilities: INDOWIND's short term assets (₹368.0M) do not cover its long term liabilities (₹426.3M).
Debt to Equity History and Analysis
Debt Level: INDOWIND's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: INDOWIND's debt to equity ratio has reduced from 52.2% to 13.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if INDOWIND has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if INDOWIND has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.