Adani Green Energy (BOM:541450) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Adani Green Energy Debt-to-Equity?

Adani Green Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Adani Green Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Adani Green Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Adani Green Energy's Debt-to-Equity or its related term are showing as below:

BOM:541450' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.61 Med: 7.56 Max: 32.76
Current: 7.23

During the past 8 years, the highest Debt-to-Equity Ratio of Adani Green Energy was 32.76. The lowest was 3.61. And the median was 7.56.

BOM:541450's Debt-to-Equity is ranked worse than
98.97% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.81 vs BOM:541450: 7.23

Adani Green Energy Debt-to-Equity Historical Data

The historical data trend for Adani Green Energy's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Adani Green Energy Debt-to-Equity Chart

Adani Green Energy Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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5.76

6.31

11.00

20.21

7.42

Adani Green Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															7.70	N/A	7.42	7.23	N/A

Competitive Comparison of Adani Green Energy's Debt-to-Equity

For the Utilities - Renewable subindustry, Adani Green Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Adani Green Energy's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Adani Green Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Adani Green Energy's Debt-to-Equity falls into.

Adani Green Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adani Green Energy's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(43150	+	499080)	/	73040
	=	7.42

Adani Green Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	0
	=	N/A

Adani Green Energy (BOM:541450) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Adani Green Energy Debt-to-Equity Related Terms

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Adani Green Energy (BOM:541450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Adani Green Energy Ltd (BOM:541450) » Definitions » Debt-to-Equity

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ADANIGREEN:India

Address

Near Vaishnav Devi Circle, S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421

Website

https://www.adanigreenenergy.com

Adani Green Energy Ltd is engaged in Power Generation and Construction Contracts. It builds, owns, and operates power plants powered by renewable sources of energy like solar and wind. The company derives its income from Power Supply.

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