Power Grid Corporation of India Balance Sheet Health
Financial Health criteria checks 3/6
Power Grid of India has a total shareholder equity of ₹920.6B and total debt of ₹1,261.2B, which brings its debt-to-equity ratio to 137%. Its total assets and total liabilities are ₹2,553.0B and ₹1,632.4B respectively. Power Grid of India's EBIT is ₹269.1B making its interest coverage ratio 3.5. It has cash and short-term investments of ₹89.6B.
Key information
137.0%
Debt to equity ratio
₹1.26t
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹89.55b |
| Equity | ₹920.61b |
| Total liabilities | ₹1.63t |
| Total assets | ₹2.55t |
Recent financial health updates
These 4 Measures Indicate That Power Grid Corporation of India (NSE:POWERGRID) Is Using Debt Reasonably Well
Jun 29
Power Grid Corporation of India (NSE:POWERGRID) Has A Pretty Healthy Balance Sheet
Mar 13Power Grid Corporation of India (NSE:POWERGRID) Seems To Use Debt Quite Sensibly
Nov 30Does Power Grid Corporation of India (NSE:POWERGRID) Have A Healthy Balance Sheet?
Jul 07Power Grid Corporation of India (NSE:POWERGRID) Has A Somewhat Strained Balance Sheet
Mar 22Here's Why Power Grid Corporation of India (NSE:POWERGRID) Has A Meaningful Debt Burden
Dec 11Recent updates
Power Grid Corporation of India (NSE:POWERGRID) Is Paying Out A Larger Dividend Than Last Year
Nov 12Why Investors Shouldn't Be Surprised By Power Grid Corporation of India Limited's (NSE:POWERGRID) Low P/E
Oct 11Investors Will Want Power Grid Corporation of India's (NSE:POWERGRID) Growth In ROCE To Persist
Sep 20Power Grid Corporation of India's (NSE:POWERGRID) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 15Power Grid Corporation of India (NSE:POWERGRID) Will Pay A Smaller Dividend Than Last Year
Aug 01These 4 Measures Indicate That Power Grid Corporation of India (NSE:POWERGRID) Is Using Debt Reasonably Well
Jun 29Power Grid Corporation of India (NSE:POWERGRID) Is Looking To Continue Growing Its Returns On Capital
Jun 11Power Grid Corporation of India Limited's (NSE:POWERGRID) Earnings Are Not Doing Enough For Some Investors
Apr 15Calculating The Intrinsic Value Of Power Grid Corporation of India Limited (NSE:POWERGRID)
Mar 28Power Grid Corporation of India (NSE:POWERGRID) Has A Pretty Healthy Balance Sheet
Mar 13Power Grid Corporation of India (NSE:POWERGRID) Has Affirmed Its Dividend Of ₹4.50
Feb 10There's Been No Shortage Of Growth Recently For Power Grid Corporation of India's (NSE:POWERGRID) Returns On Capital
Jan 20Lacklustre Performance Is Driving Power Grid Corporation of India Limited's (NSE:POWERGRID) Low P/E
Dec 18Power Grid Corporation of India (NSE:POWERGRID) Seems To Use Debt Quite Sensibly
Nov 30Power Grid Corporation of India's (NSE:POWERGRID) Dividend Will Be ₹4.00
Nov 10Here's Why We Think Power Grid Corporation of India (NSE:POWERGRID) Is Well Worth Watching
Nov 08Investors Will Want Power Grid Corporation of India's (NSE:POWERGRID) Growth In ROCE To Persist
Sep 24Power Grid Corporation of India Limited's (NSE:POWERGRID) Intrinsic Value Is Potentially 19% Below Its Share Price
Sep 08Does Power Grid Corporation of India (NSE:POWERGRID) Have A Healthy Balance Sheet?
Jul 07Power Grid Corporation of India (NSE:POWERGRID) Is Doing The Right Things To Multiply Its Share Price
Jun 19An Intrinsic Calculation For Power Grid Corporation of India Limited (NSE:POWERGRID) Suggests It's 32% Undervalued
May 19Power Grid Corporation of India (NSE:POWERGRID) Has A Somewhat Strained Balance Sheet
Mar 22Power Grid Corporation of India (NSE:POWERGRID) Is Experiencing Growth In Returns On Capital
Mar 07Power Grid Corporation of India's (NSE:POWERGRID) Shareholders Will Receive A Smaller Dividend Than Last Year
Feb 03Here's Why Power Grid Corporation of India (NSE:POWERGRID) Has A Meaningful Debt Burden
Dec 11The Return Trends At Power Grid Corporation of India (NSE:POWERGRID) Look Promising
Nov 25Power Grid Corporation of India Limited (NSE:POWERGRID) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year
Nov 09Financial Position Analysis
Short Term Liabilities: POWERGRID's short term assets (₹283.4B) do not cover its short term liabilities (₹348.9B).
Long Term Liabilities: POWERGRID's short term assets (₹283.4B) do not cover its long term liabilities (₹1,283.5B).
Debt to Equity History and Analysis
Debt Level: POWERGRID's net debt to equity ratio (127.3%) is considered high.
Reducing Debt: POWERGRID's debt to equity ratio has reduced from 224.8% to 137% over the past 5 years.
Debt Coverage: POWERGRID's debt is well covered by operating cash flow (27.9%).
Interest Coverage: POWERGRID's interest payments on its debt are well covered by EBIT (3.5x coverage).