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| Date | Value |
|---|---|
| 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 |