Mahanagar Gas (BOM:539957) Cash-to-Debt : N/A (As of Dec. 2024)

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What is Mahanagar Gas Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Mahanagar Gas's cash to debt ratio for the quarter that ended in Dec. 2024 was N/A.

The historical rank and industry rank for Mahanagar Gas's Cash-to-Debt or its related term are showing as below:

BOM:539957' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.18 Med: 24.7 Max: No Debt
Current: 11.19

During the past 13 years, Mahanagar Gas's highest Cash to Debt Ratio was No Debt. The lowest was 10.18. And the median was 24.70.

BOM:539957's Cash-to-Debt is ranked better than
87.79% of 475 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs BOM:539957: 11.19

Mahanagar Gas Cash-to-Debt Historical Data

The historical data trend for Mahanagar Gas's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Mahanagar Gas Cash-to-Debt Chart

Mahanagar Gas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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19.80

20.79

15.04

13.36

10.18

Mahanagar Gas Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	10.18	N/A	11.19	N/A

Competitive Comparison of Mahanagar Gas's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, Mahanagar Gas's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mahanagar Gas's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mahanagar Gas's Cash-to-Debt falls into.

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Mahanagar Gas Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Mahanagar Gas's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	14391	/	(236	+	1178.3)
	=	10.18

Mahanagar Gas's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Mahanagar Gas (BOM:539957) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Mahanagar Gas Cash-to-Debt Related Terms

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Mahanagar Gas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Mahanagar Gas Ltd (BOM:539957) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MGL:India

Address

Block No. G-33, Bandra-Kurla Complex, MGL House, Bandra (East), Mumbai, MH, IND, 400051

Website

https://www.mahanagargas.com

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.

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