How much cash does Power Grid of India have?

According to Power Grid of India's latest annual financial reports, the company has a total of $28.41B in cash and cash equivalents. This amount includes all liquid assets that can be readily converted into cash.

Additionally, Power Grid of India holds $32.15B in short-term investments, which are highly liquid assets that can be easily converted into cash within a short period.

In total, the company has $60.56B when combining cash and cash equivalents with short-term investments.

On a per-share basis, Power Grid of India has $6.51 in cash. This metric helps investors understand how much cash the company holds per outstanding share.

The company's free cash flow, which is the cash generated from operations after deducting capital expenditures, stands at $258.86B. This is an important indicator of financial health, showing the cash available for distribution to shareholders or reinvestment into the company.

Lastly, the company's cash position has experienced a growth rate of -45.28%, reflecting the increase in cash and cash equivalents over the specified period.

Power Grid of India Historical Cash on Hand

Cash on Hand History

The table below shows the amount of cash on hand for each year, with the latest data available for the last fiscal year 2023.

Year	Cash on Hand	Change
2023	$28.41B	-45.28%
2022	$51.92B	101.47%
2021	$25.77B	-42.57%
2020	$44.87B	-7.29%
2019	$48.40B	32.69%
2018	$36.48B	137.67%
2017	$15.35B	-52.65%
2016	$32.41B	-9.40%
2015	$35.78B	20.13%
2014	$29.78B	-39.99%
2013	$49.63B	85.86%
2012	$26.70B	-14.17%
2011	$31.11B	-35.26%
2010	$48.06B	46.63%
2009	$32.78B	34.94%
2008	$24.29B	30.19%
2007	$18.66B	55.88%
2006	$11.97B	103.18%
2005	$5.89B	-2.47%
2004	$6.04B	-22.11%
2003	$7.75B	555.16%
2002	$1.18B	N/A