Azure Power Global (256) Ratios
Azure Power Global Ratios
DE:256's free cash flow for Q4 2024 was $-49.00M. For the 2024 fiscal year, DE:256's free cash flow was increased by $39.00M and operating cash flow was $-88.00M. See a summary of the company’s cash flow.
| Ratios | Mar 26 | Mar 25 | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.93 | 1.46 | 0.50 | 1.06 | 1.15 |
| Quick Ratio | 1.93 | 1.46 | 0.50 | 1.06 | 1.15 |
| Cash Ratio | 0.76 | 0.43 | 0.13 | 0.49 | 0.01 |
| Solvency Ratio | 0.02 | 0.01 | 0.01 | 0.01 | 0.78 |
| Operating Cash Flow Ratio | 0.69 | 0.36 | 0.06 | 0.30 | 0.00 |
| Short-Term Operating Cash Flow Coverage | 1.20 | 0.69 | 0.07 | 0.46 | 0.00 |
| Net Current Asset Value | $ -111.46B | $ -113.57B | $ -119.60B | $ -127.15B | $ 28.69B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.73 | 0.71 | 0.70 | 0.71 | 52.72 |
| Debt-to-Equity Ratio | 4.32 | 4.04 | 3.94 | 3.87 | 3.41 |
| Debt-to-Capital Ratio | 0.81 | 0.80 | 0.80 | 0.79 | 0.77 |
| Long-Term Debt-to-Capital Ratio | 0.79 | 0.78 | 0.71 | 0.77 | 0.74 |
| Financial Leverage Ratio | 5.96 | 5.68 | 5.58 | 5.46 | 0.06 |
| Debt Service Coverage Ratio | 1.42 | 0.56 | 0.22 | 0.42 | 0.43 |
| Interest Coverage Ratio | 0.00 | 0.70 | 0.65 | 0.92 | 1.16 |
| Debt to Market Cap | 19.62 | 15.59 | 19.17 | 10.02 | 2.00 |
| Interest Debt Per Share | 1907.41 | 2085.04 | 2161.30 | 2256.48 | 2794.97 |
| Net Debt to EBITDA | 6.58 | 9.49 | 9.10 | 8.74 | 10.65 |
| Profitability Margins | |||||
| Gross Profit Margin | 91.09% | 91.16% | 91.00% | 91.20% | 0.96% |
| EBIT Margin | 57.79% | 36.26% | 39.39% | 48.13% | 47.80% |
| EBITDA Margin | 82.65% | 59.03% | 61.51% | 67.52% | 67.79% |
| Operating Profit Margin | 55.40% | 34.66% | 36.47% | 42.62% | 60.47% |
| Pretax Profit Margin | 9.51% | -17.43% | -15.12% | 1.64% | -4.42% |
| Net Profit Margin | -12.72% | -15.26% | -15.70% | -11.01% | -11.47% |
| Continuous Operations Profit Margin | -12.70% | -19.66% | -15.97% | -11.19% | -11.59% |
| Net Income Per EBT | -133.68% | 87.53% | 103.85% | -670.09% | 259.75% |
| EBT Per EBIT | 17.17% | -50.28% | -41.45% | 3.86% | -7.30% |
| Return on Assets (ROA) | -1.54% | -1.80% | -1.86% | -1.20% | -83.64% |
| Return on Equity (ROE) | -9.17% | -10.23% | -10.38% | -6.55% | -5.41% |
| Return on Capital Employed (ROCE) | 7.35% | 4.63% | 6.25% | 5.38% | -46.02% |
| Return on Invested Capital (ROIC) | -9.27% | 4.33% | 4.55% | -33.11% | 48.81% |
| Return on Tangible Assets | -1.54% | -1.80% | -1.86% | -1.20% | -83.64% |
| Earnings Yield | -43.30% | -40.75% | -52.13% | -17.41% | -3.27% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.94 | 4.43 | 4.61 | 3.63 | 2.99 |
| Payables Turnover | 1.67 | 1.66 | 1.34 | 1.21 | 0.02 |
| Inventory Turnover | 181.90 | 226.75 | 147.46 | 140.38 | 0.00 |
| Fixed Asset Turnover | 0.15 | 0.15 | 0.15 | 0.14 | 9.34 |
| Asset Turnover | 0.12 | 0.12 | 0.12 | 0.11 | 7.29 |
| Working Capital Turnover Ratio | 1.77 | -2.18 | -1.62 | 7.26 | 1.22 |
| Cash Conversion Cycle | -155.04 | -135.66 | -190.41 | -197.70 | -18337.43 |
| Days of Sales Outstanding | 61.47 | 82.45 | 79.19 | 100.50 | 122.17 |
| Days of Inventory Outstanding | 2.01 | 1.61 | 2.48 | 2.60 | 0.00 |
| Days of Payables Outstanding | 218.52 | 219.72 | 272.08 | 300.80 | 18459.60 |
| Operating Cycle | 63.48 | 84.06 | 81.67 | 103.10 | 122.17 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 161.62 | 112.33 | 52.11 | 124.01 | 1.21 |
| Free Cash Flow Per Share | 135.87 | 105.24 | 45.80 | 31.23 | -9.57 |
| Dividend Paid and CapEx Coverage Ratio | 6.28 | 15.84 | 8.49 | 1.34 | 0.11 |
| Capital Expenditure Coverage Ratio | 6.28 | 15.84 | 8.49 | 1.34 | 0.11 |
| Operating Cash Flow Coverage Ratio | 0.08 | 0.06 | 0.03 | 0.06 | 0.00 |
| Operating Cash Flow to Sales Ratio | 0.51 | 0.35 | 0.16 | 0.38 | 0.00 |
| Free Cash Flow Yield | 145.42% | 87.87% | 45.81% | 15.27% | -0.76% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -2.31 | -2.45 | -1.92 | -5.74 | -30.61 |
| Price-to-Sales (P/S) Ratio | 0.29 | 0.37 | 0.30 | 0.63 | 3.51 |
| Price-to-Book (P/B) Ratio | 0.21 | 0.25 | 0.20 | 0.38 | 1.65 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 0.69 | 1.14 | 2.18 | 6.55 | -132.22 |
| Price-to-Operating Cash Flow Ratio | 0.58 | 1.07 | 1.92 | 1.65 | 1043.85 |
| Price-to-Earnings Growth (PEG) Ratio | 0.14 | 0.38 | -0.04 | 0.41 | 0.58 |
| Enterprise Value Multiple | 6.93 | 10.12 | 9.59 | 9.68 | 15.83 |
| Enterprise Value | 116.97B | 122.62B | 125.73B | 135.55B | 196.86B |
| EV to EBITDA | 6.93 | 10.12 | 9.59 | 9.68 | 15.83 |
| EV to Sales | 5.73 | 5.97 | 5.90 | 6.53 | 10.73 |
| EV to Free Cash Flow | 13.42 | 18.16 | 42.78 | 67.64 | -404.16 |
| EV to Operating Cash Flow | 11.28 | 17.01 | 37.60 | 17.03 | 3190.82 |
| Tangible Book Value Per Share | 444.17 | 479.83 | 510.82 | 553.78 | 10.26 |
| Shareholders’ Equity Per Share | 441.21 | 476.82 | 502.12 | 544.06 | 764.87 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 2.33 | -0.13 | -0.06 | 7.81 | -1.62 |
| Revenue Per Share | 318.16 | 319.87 | 332.06 | 323.35 | 360.50 |
| Net Income Per Share | -40.46 | -48.80 | -52.13 | -35.61 | -41.36 |
| Tax Burden | -1.34 | 0.88 | 1.04 | -6.70 | 2.60 |
| Interest Burden | 0.16 | -0.48 | -0.38 | 0.03 | -0.09 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.11 | 0.33 | 0.30 | 0.23 | 0.11 |
| Stock-Based Compensation to Revenue | 0.00 | -0.00 | -0.00 | -0.03 | -0.02 |
| Income Quality | -3.99 | -2.30 | -0.98 | -3.43 | -2.18 |
Currency in INR
