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Mahanagar Gas has a Cash Ratio of 0.00. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Mahanagar Gas's Cash Ratio or its related term are showing as below:
NSE:MGL'
s Cash Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1.11 Max: 1.42
Current: 0.59
During the past 13 years, Mahanagar Gas's highest Cash Ratio was 1.42. The lowest was 0.59. And the median was 1.11.
NSE:MGL's Cash Ratio is ranked better than 67.97% of 487
companies
in the Utilities - Regulated industry
Industry Median: 0.35
vs NSE:MGL: 0.59
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Mahanagar Gas Cash Ratio Related Terms
Mahanagar Gas Cash Ratio Historical Data
* Premium members only.
The historical data trend for Mahanagar Gas's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Gas subindustry, Mahanagar Gas's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mahanagar Gas Cash Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Mahanagar Gas's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Mahanagar Gas's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mahanagar Gas (NSE:MGL) has a Cash Ratio of 0.00 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Mahanagar Gas and its competitors. Over the past decade, Mahanagar Gas' Cash Ratio has ranged from 0.59 to 1.42. According to the industry distribution chart, Mahanagar Gas ranks #156 out of 487 companies in the Utilities - Regulated industry, placing it in the top 32%.
Is Mahanagar Gas' Cash Ratio too high?
Mahanagar Gas' current Cash Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.42. Based on the distribution chart, Mahanagar Gas ranks #156 out of 487 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Mahanagar Gas has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mahanagar Gas' Cash Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Mahanagar Gas ranks #156 out of 487 companies for Cash Ratio. This puts Mahanagar Gas in the upper half of its industry. The industry median Cash Ratio is 0.35. Historically, Mahanagar Gas' own Cash Ratio has ranged from 0.59 to 1.42 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Utilities - Regulated company?
The median Cash Ratio among Utilities - Regulated companies is 0.35, based on 487 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Mahanagar Gas and its competitors. For the Utilities - Regulated industry, the median Cash Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahanagar Gas's current Cash Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahanagar Gas stock overvalued right now?
Based on GuruFocus' analysis, Mahanagar Gas (NSE:MGL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,591.42, compared to a current price of ₹1,139.60 — trading 28.4% below its estimated fair value. The current Cash Ratio is 0.00. Mahanagar Gas' overall GF Score™ is 100/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Mahanagar Gas (NSE:MGL), the current Cash Ratio is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mahanagar Gas (NSE:MGL) Overvalued in 2026?
Based on GuruFocus' analysis, Mahanagar Gas stock appears to be undervalued.
The current stock price of ₹1,139.60 is trading 28.4% below its estimated GF Value™ of ₹1,591.42.
GuruFocus considers Mahanagar Gas to be Modestly Undervalued.
Key valuation signals for NSE:MGL:
Cash Ratio: 0.00
GF Value™: ₹1,591.42 vs. price of ₹1,139.60 (28.4% below fair value)
No single metric tells the full story. See the NSE:MGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahanagar Gas Ltd is an India-based natural gas distribution company. It distributes natural gas through the City Gas Distribution network of pipelines. It distributes compressed natural gas (CNG) for use in vehicles and piped natural gas (PNG) for domestic household, commercial, and industrial use, and to transport sector customers as well. The company operates under the business segment of the sale of natural gas. Its business operations are principally carried out in India. The company generates revenue by selling natural gas, of which the sale of CNG accounts majorly for the total gas sales revenue.
100GF Score
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