Adani Green Energy Limited (ADANIGREEN) — Tangible Net Worth Ratio
Adani Green Energy Limited (ADANIGREEN) has a Tangible Net Worth Ratio of 99.7% as of March 2026. This metric is calculated by deducting intangible assets (Rs1.01 Billion) from net assets (Rs298.79 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Adani Green Energy Limited short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Adani Green Energy Limited Tangible Net Worth Ratio (2016–2026)
This chart shows how Adani Green Energy Limited's Tangible Net Worth Ratio has changed across 11 annual periods from 2016 to 2026. As of March 2026, the ratio stands at 99.7%, reflecting net assets of Rs298.79 Billion with intangible assets of Rs1.01 Billion INR. See ADANIGREEN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Adani Green Energy Limited (2016–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Adani Green Energy Limited from 2016 to 2026, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Adani Green Energy Limited (ADANIGREEN) total market value.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 99.7% | Rs298.79 Billion | Rs1.01 Billion | Rs1.44 Trillion | ▲ +0.1 pp |
| 2025 | 99.6% | Rs225.73 Billion | Rs890.00 Million | Rs1.11 Trillion | ▲ +0.1 pp |
| 2024 | 99.5% | Rs174.48 Billion | Rs900.00 Million | Rs885.38 Billion | ▲ +0.5 pp |
| 2023 | 99.0% | Rs73.50 Billion | Rs760.00 Million | Rs673.61 Billion | ▲ +2.0 pp |
| 2022 | 96.9% | Rs26.14 Billion | Rs800.00 Million | Rs591.67 Billion | ▲ +0.6 pp |
| 2021 | 96.3% | Rs21.26 Billion | Rs780.00 Million | Rs287.21 Billion | ▼ -3.6 pp |
| 2020 | 99.9% | Rs23.11 Billion | Rs21.65 Million | Rs184.25 Billion | ▼ 0.0 pp |
| 2019 | 99.9% | Rs19.32 Billion | Rs11.89 Million | Rs146.58 Billion | ▲ +0.0 pp |
| 2018 | 99.9% | Rs12.41 Billion | Rs7.68 Million | Rs120.63 Billion | ▼ 0.0 pp |
| 2017 | 99.9% | Rs12.03 Billion | Rs7.25 Million | Rs61.60 Billion | ▲ +0.6 pp |
| 2016 | 99.3% | Rs1.36 Billion | Rs9.35 Million | Rs55.51 Billion | — |