MGEL.NS
Price:
$14.69
Market Cap:
$4.84B
Mangalam Global Enterprise Limited, together with its subsidiaries, engages in the manufacturing, dealing, and trading of edible and non-edible oils, and agricultural products India and internationally. Its products include soya oil, soya meal, soya de oiled cake, mustard oil, mustard meal, mustard de oiled cake, refined castor oil first special grade, castor de-oiled cake, high protein castor de-oiled cake, and cotton bales. The company also trades in wheat, rice, etc. and other merchandise; processes wheat and rice; provides agency services. In addition, it offers refined soyabean oil, refined vegetable oil and pungent mustard oil under the LAGNAM brand name. The company was formerly known...[Read more]
Industry
Agricultural Farm Products
IPO Date
2019-12-11
Stock Exchange
NSE
Ticker
MGEL.NS
According to Mangalam Global Enterprise Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.36. This represents a change of 93.15% compared to the average of 0.70 of the last 4 quarters.
The mean historical Current Ratio of Mangalam Global Enterprise Limited over the last ten years is 1.39. The current 1.36 Current Ratio has changed 9.70% with respect to the historical average. Over the past ten years (40 quarters), MGEL.NS's Current Ratio was at its highest in in the March 2020 quarter at 2.11. The Current Ratio was at its lowest in in the September 2019 quarter at 0.
Average
1.39
Median
1.40
Minimum
0.17
Maximum
2.11
Discovering the peaks and valleys of Mangalam Global Enterprise Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 761.44%
Maximum Annual Current Ratio = 2.11
Minimum Annual Increase = -39.85%
Minimum Annual Current Ratio = 0.17
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.46 | 0.05% |
| 2024 | 1.46 | 23.70% |
| 2023 | 1.18 | -14.04% |
| 2022 | 1.37 | 7.85% |
| 2021 | 1.27 | -39.85% |
| 2020 | 2.11 | 1.96% |
| 2019 | 2.07 | 50.90% |
| 2018 | 1.37 | -4.44% |
| 2017 | 1.43 | 761.44% |
The current Current Ratio of Mangalam Global Enterprise Limited (MGEL.NS) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.36
5-year avg
1.34
10-year avg
1.39
Mangalam Global Enterprise Limited’s Current Ratio is greater than Sakuma Exports Limited (0), greater than Sakuma Exports Limited (0), greater than Kriti Nutrients Limited (0), greater than Harrisons Malayalam Limited (0), greater than Harrisons Malayalam Limited (0), greater than Kriti Nutrients Limited (0), greater than Sarveshwar Foods Limited (0), greater than Sarveshwar Foods Limited (0), greater than Dhampur Bio Organics Limited (0), greater than Dhampur Bio Organics Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $3.61B | |
| 0 | $3.59B | |
| 0 | $3.71B | |
| 0 | $3.02B | |
| 0 | $3.03B | |
| 0 | $3.65B | |
| 0 | $4.53B | |
| 0 | $4.54B | |
| 0 | $5.04B | |
| 0 | $5.04B |
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