Mahanagar Gas Limited (MGL) - Total Liabilities
Based on the latest financial reports, Mahanagar Gas Limited (MGL) has total liabilities worth Rs25.40 Billion INR (≈ $274.64 Million USD) as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore how fast is Mahanagar Gas Limited growing its equity to track the company's year-over-year net asset growth rate.
Mahanagar Gas Limited - Total Liabilities Trend (2011–2026)
This chart illustrates how Mahanagar Gas Limited's total liabilities have evolved over time, based on quarterly financial data. See cash generation quality of Mahanagar Gas Limited to measure how efficiently the company converts operating cash flow to free cash.
Mahanagar Gas Limited Competitors by Total Liabilities
The table below lists competitors of Mahanagar Gas Limited ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
MBB INDUSTRIES
XETRA:MBB
|
Germany | €421.02 Million |
|
Arcadyan Technology Corp
TW:3596
|
Taiwan | NT$38.22 Billion |
|
Bk Harda Internasional Tbk Pt
JK:BBHI
|
Indonesia | Rp10.96 Trillion |
|
Heritage Financial Corporation
NASDAQ:HFWA
|
USA | $7.38 Billion |
|
Upwork Inc
NASDAQ:UPWK
|
USA | $669.26 Million |
|
Guangdong Anda Automation Solutions Co. Ltd. A
SHG:688125
|
China | CN¥544.54 Million |
|
Chengdu Fusen Noble-House Industrial Co Ltd
SHE:002818
|
China | CN¥907.86 Million |
|
FuelCell Energy Inc
NASDAQ:FCEL
|
USA | $274.87 Million |
Liability Composition Analysis (2011–2026)
This chart breaks down Mahanagar Gas Limited's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see MGL market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.94 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.40 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.28 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Mahanagar Gas Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Mahanagar Gas Limited (2011–2026)
The table below shows the annual total liabilities of Mahanagar Gas Limited from 2011 to 2026.
| Year | Total Liabilities | Change |
|---|---|---|
| 2026-03-31 | Rs25.40 Billion ≈ $274.64 Million |
+6.91% |
| 2025-03-31 | Rs23.75 Billion ≈ $256.90 Million |
+5.76% |
| 2024-03-31 | Rs22.46 Billion ≈ $242.92 Million |
+18.34% |
| 2023-03-31 | Rs18.98 Billion ≈ $205.27 Million |
+15.99% |
| 2022-03-31 | Rs16.36 Billion ≈ $176.98 Million |
+19.56% |
| 2021-03-31 | Rs13.69 Billion ≈ $148.03 Million |
+16.41% |
| 2020-03-31 | Rs11.76 Billion ≈ $127.16 Million |
+12.83% |
| 2019-03-31 | Rs10.42 Billion ≈ $112.71 Million |
+13.91% |
| 2018-03-31 | Rs9.15 Billion ≈ $98.94 Million |
+16.66% |
| 2017-03-31 | Rs7.84 Billion ≈ $84.81 Million |
-5.33% |
| 2016-03-31 | Rs8.28 Billion ≈ $89.58 Million |
+47.15% |
| 2015-03-31 | Rs5.63 Billion ≈ $60.88 Million |
-16.90% |
| 2014-03-31 | Rs6.77 Billion ≈ $73.25 Million |
+12.83% |
| 2013-03-31 | Rs6.00 Billion ≈ $64.92 Million |
+25.27% |
| 2012-03-31 | Rs4.79 Billion ≈ $51.83 Million |
+29.65% |
| 2011-03-31 | Rs3.70 Billion ≈ $39.97 Million |
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About Mahanagar Gas Limited
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households for cooking and water heating, as well as for nursing homes, flight kitchens, and places of worship; commercial establishments, including hospitals, hotels, restaurants, and charitable trusts; and industries, such as metals, pharmaceuticals, printing a… Read more