Indian Renewable Energy Development Agency (BOM:544026) Debt-to-Revenue : 9.22 (As of Mar. 2024)

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

Debt-to-Revenue measures a company's ability to pay off its debt.

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 annualized Revenue for the quarter that ended in Mar. 2024 was ₹53,915 Mil. Indian Renewable Energy Development Agency's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 9.22.

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

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

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Indian Renewable Energy Development Agency Debt-to-Revenue Chart

Indian Renewable Energy Development Agency Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Revenue

9.14

9.70

11.59

10.18

Indian Renewable Energy Development Agency Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial				9.82	8.74	8.59	-	9.22

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

For the Credit Services subindustry, Indian Renewable Energy Development Agency's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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-Revenue Distribution in the Credit Services Industry

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

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

Indian Renewable Energy Development Agency Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

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

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	496868.597)	/	48824.138
	=	10.18

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

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	496868.597)	/	53915.192
	=	9.22

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.

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

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

Industry

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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.

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