{"id":517104,"date":"2022-08-26T10:58:17","date_gmt":"2022-08-26T05:28:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=517104"},"modified":"2022-08-26T13:04:31","modified_gmt":"2022-08-26T07:34:31","slug":"debt-ratio-at-billionaire-adanis-green-firm-needs-watching","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/debt-ratio-at-billionaire-adanis-green-firm-needs-watching\/","title":{"rendered":"Debt ratio at billionaire Adani&#8217;s green firm needs &#8216;watching&#8217;"},"content":{"rendered":"<p>A key financial metric of Adani Green Energy Ltd is flashing signs of concern as its billionaire owner takes on more debt to become a renewable energy giant.<\/p>\n<p>The Gautam Adani-owned company\u2019s debt-to-capital ratio has soared to 95.3 per cent, a level that is on the &#8220;higher side&#8221; for a private company, according to Sharon Chen, an analyst at Bloomberg Intelligence. The company\u2019s capital expenditure plans and its funding are other factors that need a close watch, Chen added.<\/p>\n<p>&#8220;We would be more comfortable looking at a 70 per cent level or up to 80 per cent for a company in a growth phase,&#8221; she said. &#8220;Adani Green warrants watching closely&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A key financial metric of Adani Green Energy Ltd is flashing signs of concern as its billionaire owner takes on more debt to become a renewable energy giant. The Gautam Adani-owned company\u2019s debt-to-capital ratio has soared to 95.3 per cent, a level that is on the &#8220;higher side&#8221; for a private company, according to Sharon Chen, an analyst at Bloomberg Intelligence. The company\u2019s capital expenditure plans and its funding are other factors that need a close watch, Chen added. &#8220;We would be more comfortable looking at a 70 per cent level or up to 80 per cent for a company [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-517104","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/517104","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=517104"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/517104\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=517104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=517104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=517104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}