ReNew Energy Global (RNW) Debt Ratio (2020 - 2026)

ReNew Energy Global (RNW) posted quarterly Debt Ratio of 0.54 for Q1 2026, up 307.39% year-over-year from 0.13 in Q1 2025, and up 392.34% quarter-over-quarter from 0.19 in Q4 2025.

ReNew Energy Global (RNW) Debt Ratio (2020 - 2026) Analysis & Trends

ReNew Energy Global (RNW) has reported Debt Ratio for 7 consecutive years, with 0.54 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Debt Ratio rose 307.39% year-over-year to 0.54; the TTM figure through Mar 2026 stood at 0.54 (up 307.39% YoY), while the FY2026 annual figure was 0.54, up 307.45% from the prior year.
  • Debt Ratio rose to 0.54 in Q1 2026 per RNW's latest filing, from 0.19 in the prior quarter.
  • Across five years, Debt Ratio topped out at 178.19 in Q1 2022 and bottomed at 0.27 in Q1 2024.
  • Historically, Debt Ratio has averaged 10.16 across 5 years, with a median of 0.57 in 2023.
  • Annual changes were most pronounced in 2022 — Debt Ratio surged 204982.21% — and 2024, when it tumbled 138.29%.
  • ReNew Energy Global's Debt Ratio stood at 0.7 in 2022, then fell by 11.86% to 0.62 in 2023, then slumped by 130.22% to 0.19 in 2024, then climbed by 0.96% to 0.19 in 2025, then jumped by 392.34% to 0.54 in 2026.
  • Business Quant data shows RNW's Debt Ratio at 0.54 in Q1 2026, 0.19 in Q4 2025, and 0.12 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn 0.05
2 Ormat Technologies 6.97 Bn 6.31 Bn 68.70 Mn -
3 Brookfield Renewable Partners 4.63 Bn 2.13 Bn 623.00 Mn 0.10
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn 0.54
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn -0.17
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn -
7 XPLR Infrastructure 1.08 Bn 584.55 Mn - 0.32
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn 0.22
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn 0.58
10 Eco Wave Power Global AB (publ) 342.25 Mn 342.25 Mn - 0.14

Historic Data

Download Data
DateValue
Mar 31, 2026 0.54
Dec 31, 2025 -0.19
Sep 30, 2025 -0.12
Jun 30, 2025 -0.07
Mar 31, 2025 -0.26
Dec 31, 2024 -0.19
Dec 19, 2024 0.80
Sep 30, 2024 -0.12
Jun 30, 2024 -0.04
Mar 31, 2024 -0.27
Dec 31, 2023 0.62
Sep 30, 2023 0.62
Jun 30, 2023 0.60
Mar 31, 2023 0.71
Dec 31, 2022 0.70
Sep 30, 2022 0.68
Jun 30, 2022 0.68
Mar 31, 2022 178.19
Dec 31, 2021 0.55
Sep 30, 2021 0.55