Mahanagar Gas Balance Sheet Health
Financial Health criteria checks 6/6
Mahanagar Gas has a total shareholder equity of ₹55.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹79.6B and ₹24.2B respectively. Mahanagar Gas's EBIT is ₹13.8B making its interest coverage ratio -59. It has cash and short-term investments of ₹16.2B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -59x |
| Cash | ₹16.23b |
| Equity | ₹55.39b |
| Total liabilities | ₹24.17b |
| Total assets | ₹79.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539957's short term assets (₹21.2B) exceed its short term liabilities (₹18.5B).
Long Term Liabilities: 539957's short term assets (₹21.2B) exceed its long term liabilities (₹5.7B).
Debt to Equity History and Analysis
Debt Level: 539957 is debt free.
Reducing Debt: 539957 had no debt 5 years ago.
Debt Coverage: 539957 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 539957 has no debt, therefore coverage of interest payments is not a concern.