Torrent Power Balance Sheet Health
Financial Health criteria checks 4/6
Torrent Power has a total shareholder equity of ₹123.6B and total debt of ₹106.8B, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are ₹319.9B and ₹196.4B respectively. Torrent Power's EBIT is ₹32.3B making its interest coverage ratio 4. It has cash and short-term investments of ₹15.3B.
Key information
86.5%
Debt to equity ratio
₹106.85b
Debt
Interest coverage ratio | 4x |
Cash | ₹15.32b |
Equity | ₹123.57b |
Total liabilities | ₹196.37b |
Total assets | ₹319.94b |
Recent financial health updates
Torrent Power (NSE:TORNTPOWER) Has A Pretty Healthy Balance Sheet
Sep 23We Think Torrent Power (NSE:TORNTPOWER) Can Stay On Top Of Its Debt
May 31Torrent Power (NSE:TORNTPOWER) Seems To Use Debt Quite Sensibly
Jan 19Is Torrent Power (NSE:TORNTPOWER) A Risky Investment?
Jul 11Here's Why Torrent Power (NSE:TORNTPOWER) Can Manage Its Debt Responsibly
Mar 15Recent updates
Estimating 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 09Torrent Power Limited (NSE:TORNTPOWER) Shares Could Be 26% Above Their Intrinsic Value Estimate
Dec 02Torrent Power (NSE:TORNTPOWER) Shareholders Will Want The ROCE Trajectory To Continue
Oct 20Torrent Power (NSE:TORNTPOWER) Has A Pretty Healthy Balance Sheet
Sep 23Returns Are Gaining Momentum At Torrent Power (NSE:TORNTPOWER)
Jul 03We Think Torrent Power (NSE:TORNTPOWER) Can Stay On Top Of Its Debt
May 31Torrent Power Limited's (NSE:TORNTPOWER) Intrinsic Value Is Potentially 33% Above Its Share Price
Mar 27Torrent Power's (NSE:TORNTPOWER) Returns On Capital Are Heading Higher
Mar 12Torrent Power (NSE:TORNTPOWER) Seems To Use Debt Quite Sensibly
Jan 19Estimating The Fair Value Of Torrent Power Limited (NSE:TORNTPOWER)
Dec 10Analysts' Revenue Estimates For Torrent Power Limited (NSE:TORNTPOWER) Are Surging Higher
Oct 20Estimating The Intrinsic Value Of Torrent Power Limited (NSE:TORNTPOWER)
Sep 02News Flash: Analysts Just Made A Notable Upgrade To Their Torrent Power Limited (NSE:TORNTPOWER) Forecasts
Aug 14Is Torrent Power (NSE:TORNTPOWER) A Risky Investment?
Jul 11Returns Are Gaining Momentum At Torrent Power (NSE:TORNTPOWER)
Jun 23Analysts Are Betting On Torrent Power Limited (NSE:TORNTPOWER) With A Big Upgrade This Week
May 14A Look At The Intrinsic Value Of Torrent Power Limited (NSE:TORNTPOWER)
Apr 29Here's Why Torrent Power (NSE:TORNTPOWER) Can Manage Its Debt Responsibly
Mar 15Financial Position Analysis
Short Term Liabilities: TORNTPOWER's short term assets (₹90.0B) exceed its short term liabilities (₹73.3B).
Long Term Liabilities: TORNTPOWER's short term assets (₹90.0B) do not cover its long term liabilities (₹123.1B).
Debt to Equity History and Analysis
Debt Level: TORNTPOWER's net debt to equity ratio (74.1%) is considered high.
Reducing Debt: TORNTPOWER's debt to equity ratio has reduced from 100.5% to 86.5% over the past 5 years.
Debt Coverage: TORNTPOWER's debt is well covered by operating cash flow (44.2%).
Interest Coverage: TORNTPOWER's interest payments on its debt are well covered by EBIT (4x coverage).