Mahanagar Gas Balance Sheet Health
Financial Health criteria checks 5/6
Mahanagar Gas has a total shareholder equity of ₹46.8B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹66.6B and ₹19.8B respectively. Mahanagar Gas's EBIT is ₹15.8B making its interest coverage ratio -47.9. It has cash and short-term investments of ₹21.4B.
Key information
2.5%
Debt to equity ratio
₹1.15b
Debt
Interest coverage ratio | -47.9x |
Cash | ₹21.37b |
Equity | ₹46.79b |
Total liabilities | ₹19.77b |
Total assets | ₹66.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539957's short term assets (₹25.6B) exceed its short term liabilities (₹16.2B).
Long Term Liabilities: 539957's short term assets (₹25.6B) exceed its long term liabilities (₹3.6B).
Debt to Equity History and Analysis
Debt Level: 539957 has more cash than its total debt.
Reducing Debt: 539957's debt to equity ratio has increased from 0% to 2.5% over the past 5 years.
Debt Coverage: 539957's debt is well covered by operating cash flow (1221.3%).
Interest Coverage: 539957 earns more interest than it pays, so coverage of interest payments is not a concern.