Debt ratio at billionaire Adani’s green firm needs ‘watching’

The Gautam Adani owned company’s debt-to-capital ratio has soared to 95.3%, a level that is on the “higher side” for a private company, according to Sharon Chen, an analyst at Bloomberg Intelligence. The company’s capital expenditure plans and its funding are other factors that need a close watch, Chen added.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/debt-ratio-at-billionaire-adani’s-green-firm-needs-‘watching’_16603831.html