{"id":516785,"date":"2022-08-25T12:13:23","date_gmt":"2022-08-25T06:43:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=516785"},"modified":"2022-08-25T12:13:23","modified_gmt":"2022-08-25T06:43:23","slug":"adani-greens-2021-debt-equity-ratio-is-second-worst-in-asia","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-greens-2021-debt-equity-ratio-is-second-worst-in-asia\/","title":{"rendered":"Adani Green\u2019s 2,021% debt-equity ratio is second-worst in Asia"},"content":{"rendered":"<p>Adani Green Energy NSE 1.70 % Ltd., one of the seven listed units of Gautam Adani\u2019s ports-to-renewables empire, has seen its debt-to-equity ratio balloon to the second-highest in Asia, raising alarm over whether the billionaire\u2019s aggressive expansion plans has over-leveraged his businesses.<\/p>\n<p>The Gujarat-based company\u2019s debt-to-equity ratio of 2,021% is only behind China\u2019s Datang Huayin Electric Power Co., which has a ratio of 2,452%, among 892 listed companies in Asia, according to data compiled by Bloomberg. Adani Green Energy is the most leveraged of the companies in the tycoon\u2019s empire by this metric as it takes on debt to fund the conglomerate\u2019s $70 billion pivot toward renewable energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Green Energy NSE 1.70 % Ltd., one of the seven listed units of Gautam Adani\u2019s ports-to-renewables empire, has seen its debt-to-equity ratio balloon to the second-highest in Asia, raising alarm over whether the billionaire\u2019s aggressive expansion plans has over-leveraged his businesses. The Gujarat-based company\u2019s debt-to-equity ratio of 2,021% is only behind China\u2019s Datang Huayin Electric Power Co., which has a ratio of 2,452%, among 892 listed companies in Asia, according to data compiled by Bloomberg. Adani Green Energy is the most leveraged of the companies in the tycoon\u2019s empire by this metric as it takes on debt to fund [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-516785","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=516785"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516785\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=516785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=516785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=516785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}