Indian Renewable Energy Development Agency (BOM:544026) FCF Yield % : -0.21 (As of Dec. 11, 2024)

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What is Indian Renewable Energy Development Agency FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Indian Renewable Energy Development Agency's Trailing 12-Month Free Cash Flow is ₹-1,268 Mil, and Market Cap is ₹594,534 Mil. Therefore, Indian Renewable Energy Development Agency's FCF Yield % for today is -0.21%.

The historical rank and industry rank for Indian Renewable Energy Development Agency's FCF Yield % or its related term are showing as below:

BOM:544026' s FCF Yield % Range Over the Past 10 Years
Min: -0.21 Med: 0.44 Max: 1.66
Current: -0.21

During the past 4 years, the highest FCF Yield % of Indian Renewable Energy Development Agency was 1.66%. The lowest was -0.21%. And the median was 0.44%.

BOM:544026's FCF Yield % is ranked better than
54.9% of 541 companies
in the Credit Services industry
Industry Median: -1.02 vs BOM:544026: -0.21

Indian Renewable Energy Development Agency's FCF Margin % for the quarter that ended in Sep. 2024 was 0.00%.

Indian Renewable Energy Development Agency FCF Yield % Historical Data

The historical data trend for Indian Renewable Energy Development Agency's FCF Yield % 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 FCF Yield % Chart

Indian Renewable Energy Development Agency Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

FCF Yield %

-30.45

Indian Renewable Energy Development Agency Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
FCF Yield %	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Indian Renewable Energy Development Agency's FCF Yield %

For the Credit Services subindustry, Indian Renewable Energy Development Agency's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Renewable Energy Development Agency's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Indian Renewable Energy Development Agency's FCF Yield % falls into.

Indian Renewable Energy Development Agency FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Indian Renewable Energy Development Agency's FCF Yield % for the fiscal year that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-111229.462	/	365266.584
	=	-30.45%

Indian Renewable Energy Development Agency's annualized FCF Yield % for the quarter that ended in Sep. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	0	*	4	/	632026.764
	=	0.00%

Indian Renewable Energy Development Agency FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Indian Renewable Energy Development Agency FCF Yield % Related Terms

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Indian Renewable Energy Development Agency 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. The company operates in two segments: Financing activities in the Renewable Energy (RE) & Energy Efficiency (EE) sector and Generation of power through Solar Plant operations at Kasaragod, Kerala. Majority revenue for the company is genetrated from the segment of financing activities in the RE EE sector.

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