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ReNew Energy GlobalRNWWW 85 Debt-to-Equity is 6.21 as of Mar. 2026, which is 10% above its 10-year median of 5.67. GuruFocus rates RNWWW with a GF Score™ of 85/100. The stock has 7 warning signs investors should review. Among 401 Utilities - Independent Power Producers companies, ReNew Energy Global ranks worse than 97.01% on this metric.
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 ReNew Energy Global's Debt-to-Equity or its related term are showing as below:
RNWWW'
s Debt-to-Equity Range Over the Past 10 Years
Min: 3.78 Med: 5.67 Max: 6.5
Current: 6.21
During the past 8 years, the highest Debt-to-Equity Ratio of ReNew Energy Global was 6.50. The lowest was 3.78. And the median was 5.67.
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.
ReNew Energy Global Debt-to-Equity Related Terms
ReNew Energy Global Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for ReNew Energy Global'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.
RNWWW vs FLNC, XIFR, NRGV: Debt-to-Equity Comparison
For the Utilities - Renewable subindustry, ReNew Energy Global'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.
ReNew Energy Global Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, ReNew Energy Global's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ReNew Energy Global's Debt-to-Equity falls into.
* 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.
ReNew Energy Global (RNWWW) has a Debt-to-Equity of 6.21 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ReNew Energy Global and its competitors. This is 10% above median its historical median of 5.67. Over the past decade, ReNew Energy Global's Debt-to-Equity has ranged from 3.78 to 6.50. According to the industry distribution chart, ReNew Energy Global ranks #389 out of 401 companies in the Utilities - Independent Power Producers industry, placing it in the top 97%.
Is ReNew Energy Global's Debt-to-Equity too high?
ReNew Energy Global's current Debt-to-Equity of 6.21 is 10% above median its 10-year median of 5.67. Over the past 10 years, this metric has ranged from a low of 3.78 to a high of 6.50. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. ReNew Energy Global's value of 6.21 is 639.3% above this industry median. Based on the distribution chart, ReNew Energy Global ranks #389 out of 401 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, ReNew Energy Global has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does ReNew Energy Global's Debt-to-Equity compare to FLNC and XIFR?
According to the Utilities - Independent Power Producers industry distribution chart, ReNew Energy Global ranks #389 out of 401 companies for Debt-to-Equity. This places ReNew Energy Global in the lower half of its industry. The industry median Debt-to-Equity is 0.84. ReNew Energy Global's value of 6.21 is 639.3% above this benchmark. Historically, ReNew Energy Global's own Debt-to-Equity has ranged from 3.78 to 6.50 over the past decade. While the company's 10-year median is 5.67 vs. the industry median of 0.84, ReNew Energy Global has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 401 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ReNew Energy Global's current Debt-to-Equity of 6.21 is 639.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ReNew Energy Global and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ReNew Energy Global's current Debt-to-Equity is 6.21, which is 10% above median its own 10-year median of 5.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ReNew Energy Global stock overvalued right now?
ReNew Energy Global (RNWWW) has a current Debt-to-Equity of 6.21. The current Debt-to-Equity is 6.21, which is 10% above median its 10-year median of 5.67 and 639.3% above the Utilities - Independent Power Producers industry median of 0.84. ReNew Energy Global's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For ReNew Energy Global (RNWWW), the current Debt-to-Equity is 6.21 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
ReNew Energy Global PLC is a developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change. The company has four reportable segments: wind power and solar power, hydro power and transmission line. It derives maximum revenue from Wind Power segment.
85GF Score
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