Mahanagar Gas Balance Sheet Health
Financial Health criteria checks 6/6
Mahanagar Gas has a total shareholder equity of ₹51.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹73.8B and ₹22.5B respectively. Mahanagar Gas's EBIT is ₹15.6B making its interest coverage ratio 117.3. It has cash and short-term investments of ₹14.4B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 117.3x |
| Cash | ₹14.45b |
| Equity | ₹51.35b |
| Total liabilities | ₹22.46b |
| Total assets | ₹73.81b |
Recent financial health updates
We Think Mahanagar Gas (NSE:MGL) Can Manage Its Debt With Ease
Mar 21
Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly
Feb 24Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly
Sep 27Recent updates
Shareholders Are Optimistic That Mahanagar Gas (NSE:MGL) Will Multiply In Value
Jun 07We Think Mahanagar Gas (NSE:MGL) Can Manage Its Debt With Ease
Mar 21Capital Investments At Mahanagar Gas (NSE:MGL) Point To A Promising Future
Mar 06Mahanagar Gas Limited's (NSE:MGL) Price Is Right But Growth Is Lacking
Feb 17Calculating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)
Jan 11Mahanagar Gas (NSE:MGL) Might Become A Compounding Machine
Oct 04Estimating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)
Sep 07Mahanagar Gas (NSE:MGL) Has Announced That It Will Be Increasing Its Dividend To ₹16.00
Aug 03Capital Allocation Trends At Mahanagar Gas (NSE:MGL) Aren't Ideal
Jul 04Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly
Feb 24Mahanagar Gas' (NSE:MGL) Upcoming Dividend Will Be Larger Than Last Year's
Feb 05Mahanagar Gas' (NSE:MGL) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 19Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly
Sep 27Here's What's Concerning About Mahanagar Gas' (NSE:MGL) Returns On Capital
Jul 23Mahanagar Gas (NSE:MGL) Might Be Having Difficulty Using Its Capital Effectively
Apr 05Capital Investment Trends At Mahanagar Gas (NSE:MGL) Look Strong
Dec 17Here's Why I Think Mahanagar Gas (NSE:MGL) Is An Interesting Stock
Nov 18This Is The Reason Why We Think Mahanagar Gas Limited's (NSE:MGL) CEO Deserves A Bump Up To Their Compensation
Sep 21Calculating The Intrinsic Value Of Mahanagar Gas Limited (NSE:MGL)
Sep 05Capital Investments At Mahanagar Gas (NSE:MGL) Point To A Promising Future
Aug 21Estimating The Intrinsic Value Of Mahanagar Gas Limited (NSE:MGL)
May 30Capital Investment Trends At Mahanagar Gas (NSE:MGL) Look Strong
May 10Is Mahanagar Gas Limited (NSE:MGL) A Great Dividend Stock?
Mar 29Is Mahanagar Gas Limited's (NSE:MGL) Latest Stock Performance A Reflection Of Its Financial Health?
Mar 07Mahanagar Gas Limited (NSE:MGL) Passed Our Checks, And It's About To Pay A ₹9.00 Dividend
Feb 13Many Would Be Jealous Of Mahanagar Gas' (NSE:MGL) Returns On Capital
Jan 26Mahanagar Gas (NSE:MGL) Shareholders Booked A 11% Gain In The Last Year
Jan 08
Should Mahanagar Gas Limited (NSE:MGL) Be Part Of Your Dividend Portfolio?
Dec 08A Quick Analysis On Mahanagar Gas' (NSE:MGL) CEO Compensation
Nov 17Mahanagar Gas Limited's (NSE:MGL) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Nov 02A Look Into Mahanagar Gas' (NSE:MGL) Impressive Returns On Capital
Oct 19Calculating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)
Sep 29Why You Might Be Interested In Mahanagar Gas Limited (NSE:MGL) For Its Upcoming Dividend
Sep 11Financial Position Analysis
Short Term Liabilities: MGL's short term assets (₹19.1B) exceed its short term liabilities (₹17.0B).
Long Term Liabilities: MGL's short term assets (₹19.1B) exceed its long term liabilities (₹5.5B).
Debt to Equity History and Analysis
Debt Level: MGL is debt free.
Reducing Debt: MGL had no debt 5 years ago.
Debt Coverage: MGL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MGL has no debt, therefore coverage of interest payments is not a concern.