Azure Power Global Limited
Azure Power Global Limited operates as a renewable energy developer and independent renewable power producer in India. It builds, owns, and operates grid-scale renewable energy projects; and supplies renewable energy to government utilities, and independent industrial and commercial customers on a long-term power purchase agreement. The company has an operating capacity of 3,041 megawatts, includ… Read more
Azure Power Global Limited (AZREF) - Total Liabilities
Latest total liabilities as of March 2024: $147.15 Billion USD
Based on the latest financial reports, Azure Power Global Limited (AZREF) has total liabilities worth $147.15 Billion USD as of March 2024.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Azure Power Global Limited - Total Liabilities Trend (2014–2025)
This chart illustrates how Azure Power Global Limited's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Azure Power Global Limited Competitors by Total Liabilities
The table below lists competitors of Azure Power Global Limited ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Jaeren Sparebank
OL:JAREN
|
Norway | Nkr17.64 Billion |
|
HS Valve Co. Ltd
KQ:039610
|
Korea | ₩37.23 Billion |
|
MRS LogÃstica S.A.
SA:MRSA3B
|
Brazil | R$16.85 Billion |
|
Sea & Land Integrated Co
TWO:5603
|
Taiwan | NT$666.23 Million |
|
Powernet Technologies Corp.
KQ:037030
|
Korea | ₩238.97 Billion |
|
Kumkang Kind Co Ltd
KO:014285
|
Korea | ₩715.05 Billion |
|
Balatacilar Balatacilik Sanayi ve Ticaret AS
IS:BALAT
|
Turkey | TL21.04 Million |
|
Den Networks Limited
NSE:DEN
|
India | ₹5.09 Billion |
Liability Composition Analysis (2014–2025)
This chart breaks down Azure Power Global Limited's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.50 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 4.57 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.82 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Azure Power Global Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Azure Power Global Limited (2014–2025)
The table below shows the annual total liabilities of Azure Power Global Limited from 2014 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-03-31 | $142.82 Billion | -2.94% |
| 2024-03-31 | $147.15 Billion | -5.06% |
| 2023-03-31 | $155.00 Billion | +7676.06% |
| 2022-03-31 | $1.99 Billion | +17.52% |
| 2021-03-31 | $1.70 Billion | +21.99% |
| 2020-03-31 | $1.39 Billion | +15.40% |
| 2019-03-31 | $1.20 Billion | +29.44% |
| 2018-03-31 | $930.80 Million | +41.96% |
| 2017-03-31 | $655.68 Million | +53.71% |
| 2016-03-31 | $426.57 Million | -97.83% |
| 2015-03-31 | $19.68 Billion | +107.17% |
| 2014-03-31 | $9.50 Billion | -- |