Torrent Power Balance Sheet Health
Financial Health criteria checks 4/6
Torrent Power has a total shareholder equity of ₹138.9B and total debt of ₹115.1B, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are ₹355.7B and ₹216.9B respectively. Torrent Power's EBIT is ₹39.1B making its interest coverage ratio 4.6. It has cash and short-term investments of ₹12.7B.
Key information
82.9%
Debt to equity ratio
₹115.09b
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₹12.73b |
| Equity | ₹138.86b |
| Total liabilities | ₹216.88b |
| Total assets | ₹355.74b |
Recent financial health updates
No updates
Recent updates
Earnings Miss: Torrent Power Limited Missed EPS By 16% And Analysts Are Revising Their Forecasts
Nov 16
Torrent Power Limited's (NSE:TORNTPOWER) 28% Price Boost Is Out Of Tune With Earnings
Aug 01Increases to CEO Compensation Might Be Put On Hold For Now at Torrent Power Limited (NSE:TORNTPOWER)
Jul 24Torrent Power (NSE:TORNTPOWER) Will Pay A Dividend Of ₹4.00
Jun 04Torrent Power Limited Just Missed Earnings - But Analysts Have Updated Their Models
May 25Torrent Power (NSE:TORNTPOWER) Might Have The Makings Of A Multi-Bagger
May 09Torrent Power Limited (NSE:TORNTPOWER) Looks Just Right With A 27% Price Jump
Mar 28Estimating The Fair Value Of Torrent Power Limited (NSE:TORNTPOWER)
Mar 19Torrent Power's (NSE:TORNTPOWER) Dividend Will Be ₹10.00
Feb 04We Like These Underlying Return On Capital Trends At Torrent Power (NSE:TORNTPOWER)
Jan 30Torrent Power Limited (NSE:TORNTPOWER) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 09Financial Position Analysis
Short Term Liabilities: TORNTPOWER's short term assets (₹99.4B) exceed its short term liabilities (₹76.1B).
Long Term Liabilities: TORNTPOWER's short term assets (₹99.4B) do not cover its long term liabilities (₹140.8B).
Debt to Equity History and Analysis
Debt Level: TORNTPOWER's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: TORNTPOWER's debt to equity ratio has reduced from 90.1% to 82.9% over the past 5 years.
Debt Coverage: TORNTPOWER's debt is well covered by operating cash flow (39.7%).
Interest Coverage: TORNTPOWER's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:01 |
| End of Day Share Price | 2024/12/20 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
Torrent Power Limited is covered by 21 analysts. 9 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 |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Satyadeep Jain | Ambit Capital |
| null null | Antique Stockbroking Ltd. |