GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indian Renewable Energy Development Agency Ltd (BOM:544026) » Definitions » Debt-to-Asset

Indian Renewable Energy Development Agency (BOM:544026) Debt-to-Asset : 0.79 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Indian Renewable Energy Development Agency Debt-to-Asset?

Indian Renewable Energy Development Agency's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Indian Renewable Energy Development Agency's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹496,869 Mil. Indian Renewable Energy Development Agency's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹626,004 Mil. Indian Renewable Energy Development Agency's debt to asset for the quarter that ended in Mar. 2024 was 0.79.

Indian Renewable Energy Development Agency Debt-to-Asset Historical Data

The historical data trend for Indian Renewable Energy Development Agency's Debt-to-Asset 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.

Indian Renewable Energy Development Agency Debt-to-Asset Chart

Indian Renewable Energy Development Agency Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
0.77 0.74 0.78 0.79

Indian Renewable Energy Development Agency Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only 0.78 0.77 0.77 - 0.79

Competitive Comparison of Indian Renewable Energy Development Agency's Debt-to-Asset

For the Credit Services subindustry, Indian Renewable Energy Development Agency's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Indian Renewable Energy Development Agency's Debt-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Renewable Energy Development Agency's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Indian Renewable Energy Development Agency's Debt-to-Asset falls into.


Indian Renewable Energy Development Agency Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Indian Renewable Energy Development Agency's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 496868.597) / 626004.191
=0.79

Indian Renewable Energy Development Agency's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 496868.597) / 626004.191
=0.79

* 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.

Indian Renewable Energy Development Agency  (BOM:544026) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Indian Renewable Energy Development Agency Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Indian Renewable Energy Development Agency's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Indian Renewable Energy Development Agency (BOM:544026) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indian Renewable Energy Development Agency Ltd (BOM:544026) » Definitions » Debt-to-Asset
Comparable Companies
Traded in Other Exchanges
IREDA:India
Address
August Kranti Bhavan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066
Website
https://www.ireda.in
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. It is a financial institution with over 36 years of experience in the business of promoting, developing and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation (EEC) projects. It provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for RE projects and other value chain activities, such as equipment manufacturing and transmission.

Indian Renewable Energy Development Agency (BOM:544026) Headlines

No Headlines