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Mahanagar Gas Ltd
₹1095
(0.74%)
Sat, 30 May 2026, 08:44 pm
Utilities
Gas Distributors
24.5KMahanagar Gas Debt to Equity Ratio
| Particulars | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings ratio | 0 | 0 | 0 | 0 | 0 | 0 | 22.47 | 19.90 | 18.93 | 10.18 | 18.61 | 12.90 | 12.31 | 10.48 | 13.16 |
| Price to book ratio | 0 | 0 | 0 | 0 | 0 | 0 | 4.80 | 4.54 | 4.31 | 2.74 | 3.57 | 2.14 | 2.35 | 2.62 | 2.33 |
| Price to sales ratio | 0 | 0 | 0 | 0 | 0 | 0 | 4.35 | 4.26 | 3.71 | 2.72 | 5.36 | 2.16 | 1.54 | 2.14 | 1.89 |
| Price to cash flow ratio | 0 | 0 | 0 | 0 | 0 | 0 | 15.82 | 13.97 | 14.33 | 7.84 | 13.71 | 8.14 | 9.58 | 8.34 | 9.49 |
| Enterprise value | 0 | 0 | 0 | 0 | 0 | 0 | 82.25B | 87.2B | 93.88B | 67.95B | 100.67B | 62.5B | 83B | 121.7B | 125.08B |
| Enterprise value to EBITDA ratio | 0 | 0 | 0 | 0 | 0 | 0 | 12.66 | 11.10 | 10.48 | 6.39 | 10.52 | 6.57 | 6.87 | 6.50 | 7.82 |
| Debt to equity ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 |
| Return on equity % | 0 | 31.05 | 26.54 | 23.98 | 22.26 | 19.83 | 22.05 | 24.29 | 24.32 | 29.66 | 20.03 | 17.48 | 20.44 | 27.71 | 18.90 |
Mahanagar Gas Ltd Debt to Equity Ratio
The Mahanagar Gas Ltd Debt to Equity Ratio is a key financial metric used by investors to evaluate Mahanagar Gas Ltd's valuation, profitability, and overall financial performance. Tracking the Mahanagar Gas Ltd Debt to Equity Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.
Mahanagar Gas Ltd (NSE: MGL, BSE: 539957) is currently trading at ₹1095, with a market capitalization of ₹107.49B. As a leading company in the Utilities sector and Gas distributors industry, monitoring the Mahanagar Gas Ltd Debt to Equity Ratio is essential for fundamental analysis.
Mahanagar Gas Ltd Debt to Equity Ratio Current Value
The current Mahanagar Gas Ltd Debt to Equity Ratio stands at 0.03.
The Mahanagar Gas Ltd Debt to Equity Ratio remains stable, indicating consistent financial performance.
Mahanagar Gas Ltd Debt to Equity Ratio Historical Trend
The Mahanagar Gas Ltd Debt to Equity Ratio has shown the following historical trend:
- 2024: 0.03
- 2023: 0.03
- 2022: 0.03
- 2021: 0.03
- 2020: 0.02
The decline in Mahanagar Gas Ltd Debt to Equity Ratio indicates improving financial efficiency or better earnings growth.
What Mahanagar Gas Ltd Debt to Equity Ratio Indicates for Investors
The Mahanagar Gas Ltd Debt to Equity Ratio plays a crucial role in understanding the company's financial health and valuation.
The D/E ratio measures financial leverage and balance sheet strength.
Mahanagar Gas Ltd Debt to Equity Ratio Analysis Summary
The Mahanagar Gas Ltd Debt to Equity Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Mahanagar Gas Ltd Debt to Equity Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.
Regular tracking of Mahanagar Gas Ltd Debt to Equity Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.