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 4.3. It has cash and short-term investments of ₹13.7B.
Key information
82.9%
Debt to equity ratio
₹115.09b
Debt
| Interest coverage ratio | 4.3x |
| Cash | ₹13.73b |
| Equity | ₹138.86b |
| Total liabilities | ₹216.88b |
| Total assets | ₹355.74b |
Recent financial health updates
Torrent Power (NSE:TORNTPOWER) Has A Pretty Healthy Balance Sheet
Sep 23
We Think Torrent Power (NSE:TORNTPOWER) Can Stay On Top Of Its Debt
May 31Torrent Power (NSE:TORNTPOWER) Seems To Use Debt Quite Sensibly
Jan 19Recent updates
Earnings Miss: Torrent Power Limited Missed EPS By 16% And Analysts Are Revising Their Forecasts
Nov 16Torrent 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 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 19Financial 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%) 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 (4.3x coverage).