ReNew Energy Global (RNW) Interest Coverage Ratio (2020 - 2022)
ReNew Energy Global (RNW) posted quarterly Interest Coverage Ratio of 0.08 for Q1 2026, down 60.99% year-over-year from 0.2 in Q1 2025, and up 384.35% quarter-over-quarter from 0.03 in Q4 2025.
Analysis
ReNew Energy Global (RNW) Interest Coverage Ratio (2020 - 2022) Analysis & Trends
ReNew Energy Global (RNW) has reported Interest Coverage Ratio for 7 consecutive years, with 0.08 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 60.99% year-over-year to 0.08; the TTM figure through Mar 2026 stood at 0.24 (up 88.2% YoY), while the FY2026 annual figure was 0.23, up 18.21% from the prior year.
- Interest Coverage Ratio rose to 0.08 in Q1 2026 per RNW's latest filing, from 0.03 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 1153411.03 in Q4 2022 and bottomed at 92592.59 in Q1 2023.
- Historically, Interest Coverage Ratio has averaged 62401.17 across 5 years, with a median of 0.18 in 2024.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio jumped 290213197.25% — and 2023, when it plunged 29956327.02%.
- ReNew Energy Global's Interest Coverage Ratio stood at 1153411.03 in 2022, then slumped by 100.0% to 0.65 in 2023, then retreated by 0.14% to 0.65 in 2024, then jumped by 95.72% to 0.03 in 2025, then soared by 384.35% to 0.08 in 2026.
- Business Quant data shows RNW's Interest Coverage Ratio at 0.08 in Q1 2026, 0.03 in Q4 2025, and 0.36 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | -1.12 |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | -1.51 |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | 0.78 |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | -0.64 |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | 1.10 |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | - |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | - |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | - |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | -5.88 |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | 3.33 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 0.13 |
| Dec 31, 2021 | -0.40 |
| Sep 30, 2021 | -1.01 |
| Mar 31, 2021 | 0.10 |
| Dec 31, 2020 | -0.38 |
| Sep 30, 2020 | 0.12 |