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 27These 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 | 2025/01/31 10:34 |
End of Day Share Price | 2025/01/31 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 * |
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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 here.
Analysis Model and Snowflake
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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
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 |
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Julien Dumoulin-Smith | BofA Global Research |
Nikhil Bhandari | Goldman Sachs |
Puneet Gulati | HSBC |