ReNew Energy Global Balance Sheet Health
Financial Health criteria checks 0/6
ReNew Energy Global has a total shareholder equity of ₹129.7B and total debt of ₹699.1B, which brings its debt-to-equity ratio to 538.9%. Its total assets and total liabilities are ₹930.7B and ₹801.0B respectively. ReNew Energy Global's EBIT is ₹46.7B making its interest coverage ratio 1.2. It has cash and short-term investments of ₹73.9B.
Key information
538.9%
Debt to equity ratio
₹699.13b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹73.85b |
| Equity | ₹129.73b |
| Total liabilities | ₹801.00b |
| Total assets | ₹930.73b |
Recent financial health updates
Is ReNew Energy Global (NASDAQ:RNW) A Risky Investment?
Sep 27
These 4 Measures Indicate That ReNew Energy Global (NASDAQ:RNW) Is Using Debt In A Risky Way
Mar 19Recent updates
It's A Story Of Risk Vs Reward With ReNew Energy Global Plc (NASDAQ:RNW)
Oct 23Is ReNew Energy Global (NASDAQ:RNW) A Risky Investment?
Sep 27ReNew Energy's Q1 Snapshot: Strong Winds, Stronger Challenges
Aug 28ReNew Energy Global (NASDAQ:RNW) Will Want To Turn Around Its Return Trends
Jul 25ReNew Energy Global Emerging As Leader In India's Renewable Transition
Jun 18Should You Think About Buying ReNew Energy Global Plc (NASDAQ:RNW) Now?
May 23ReNew Energy Global: Structural Growth Opportunities Clouded By Debt
May 14Fewer Investors Than Expected Jumping On ReNew Energy Global Plc (NASDAQ:RNW)
May 01Some Investors May Be Worried About ReNew Energy Global's (NASDAQ:RNW) Returns On Capital
Apr 09These 4 Measures Indicate That ReNew Energy Global (NASDAQ:RNW) Is Using Debt In A Risky Way
Mar 19ReNew Energy Global: The Indian Renewables Opportunity Is Opening Up
Feb 21Market Still Lacking Some Conviction On ReNew Energy Global Plc (NASDAQ:RNW)
Jan 28Is Now An Opportune Moment To Examine ReNew Energy Global Plc (NASDAQ:RNW)?
Jan 06The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing
Dec 14Returns On Capital At ReNew Energy Global (NASDAQ:RNW) Have Hit The Brakes
Sep 08The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing
May 27ReNew Energy Global (NASDAQ:RNW) Has More To Do To Multiply In Value Going Forward
Feb 07ReNew Energy Global: Big Upside For Participating In Indian Renewables Growth
Oct 19ReNew Energy Global (NASDAQ:RNW) Is Experiencing Growth In Returns On Capital
Oct 18ReNew Energy Global reports Q1 results
Aug 18ReNew Energy Global (NASDAQ:RNW) Is Looking To Continue Growing Its Returns On Capital
Jul 04ReNew: Value-Growth Mix But Not A Buy Yet
Mar 17ReNew Energy Global's (NASDAQ:RNW) Returns On Capital Are Heading Higher
Mar 16Financial Position Analysis
Short Term Liabilities: RNW's short term assets (₹108.9B) do not cover its short term liabilities (₹168.3B).
Long Term Liabilities: RNW's short term assets (₹108.9B) do not cover its long term liabilities (₹632.7B).
Debt to Equity History and Analysis
Debt Level: RNW's net debt to equity ratio (482%) is considered high.
Reducing Debt: RNW's debt to equity ratio has increased from 427.3% to 538.9% over the past 5 years.
Debt Coverage: RNW's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: RNW's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 12:11 |
| End of Day Share Price | 2025/02/14 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
ReNew Energy Global Plc is covered by 8 analysts. 6 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 |
|---|---|
| Julien Dumoulin-Smith | BofA Global Research |
| Nikhil Bhandari | Goldman Sachs |
| Puneet Gulati | HSBC |