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Toho Gas CoTHOGF 72 Cash-to-Debt is 0.28 as of Mar. 2026, which is at its 10-year median of 0.28. GuruFocus rates THOGF with a GF Score™ of 72/100 and a GF Value™ of $6.25. The stock has 3 warning signs investors should review. Among 480 Utilities - Regulated companies, Toho Gas Co ranks worse than 55.63% on this metric.
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. Toho Gas Co's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.28.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Toho Gas Cocouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Toho Gas Co's Cash-to-Debt or its related term are showing as below:
THOGF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.28 Max: 0.41
Current: 0.18
During the past 13 years, Toho Gas Co's highest Cash to Debt Ratio was 0.41. The lowest was 0.15. And the median was 0.28.
THOGF's Cash-to-Debt is ranked worse than 55.63% of 480
companies
in the Utilities - Regulated industry
Industry Median: 0.22
vs THOGF: 0.18
Toho Gas Co (OTCPK:THOGF) 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.
Toho Gas Co Cash-to-Debt Related Terms
Toho Gas Co Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Toho Gas Co'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.
For the Utilities - Regulated Gas subindustry, Toho Gas Co'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.
Toho Gas Co Cash-to-Debt vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Toho Gas Co's Cash-to-Debt 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.
Toho Gas Co (THOGF) has a Cash-to-Debt of 0.28 as of Mar. 2026. This is near median its historical median of 0.28. Over the past decade, Toho Gas Co's Cash-to-Debt has ranged from 0.15 to 0.41. According to the industry distribution chart, Toho Gas Co ranks #267 out of 480 companies in the Utilities - Regulated industry, placing it in the top 55.6%.
Is Toho Gas Co's Cash-to-Debt too high?
Toho Gas Co's current Cash-to-Debt of 0.28 is near median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.41. The Utilities - Regulated industry median Cash-to-Debt is 0.22. Toho Gas Co's value of 0.28 is 27.3% above this industry median. Based on the distribution chart, Toho Gas Co ranks #267 out of 480 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Toho Gas Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Toho Gas Co's Cash-to-Debt compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Toho Gas Co ranks #267 out of 480 companies for Cash-to-Debt. This places Toho Gas Co in the lower half of its industry. The industry median Cash-to-Debt is 0.22. Toho Gas Co's value of 0.28 is 27.3% above this benchmark. Historically, Toho Gas Co's own Cash-to-Debt has ranged from 0.15 to 0.41 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.22, Toho Gas Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Utilities - Regulated company?
The median Cash-to-Debt among Utilities - Regulated companies is 0.22, based on 480 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toho Gas Co's current Cash-to-Debt of 0.28 is 27.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Cash-to-Debt is 0.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Gas Co's current Cash-to-Debt is 0.28, which is near median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Gas Co stock overvalued right now?
Toho Gas Co (THOGF) has a current Cash-to-Debt of 0.28. The stock's GF Value™ is $6.25, compared to a current price of $6.44 — trading 3% above its estimated fair value. The current Cash-to-Debt is 0.28, which is near median its 10-year median of 0.28 and 27.3% above the Utilities - Regulated industry median of 0.22. Toho Gas Co's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Toho Gas Co (THOGF), the current Cash-to-Debt is 0.28 as of Mar. 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 Toho Gas Co (THOGF) Overvalued in 2026?
Based on GuruFocus' analysis, Toho Gas Co stock appears to be overvalued.
The current stock price of $6.44 is trading 3% above its estimated GF Value™ of $6.25.
Key valuation signals for THOGF:
Cash-to-Debt: 0.28 (near median its 10-year median of 0.28)
GF Value™: $6.25 vs. price of $6.44 (3% above fair value)
Industry Position: 27.3% above the Utilities - Regulated median (#267 of 480)
No single metric tells the full story. See the THOGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toho Gas Co Ltd is a Japan-based company engaged in the supply of energy and related services, including electricity, gas, and liquefied petroleum gas (LPG). The company operates in three business segments. The Electricity segment engages in the sale of electricity. The Gas segment handles the manufacture and sale of gas, gas appliances, consignment supply, and plumbing work. The LPG and Other Energies segment covers the sale of LPG, related equipment, natural gas, heat supply, and coke. The Others segment includes contract processing, real estate management, and other ancillary businesses. It generates the majority of its revenue from the Gas segment.
72GF Score
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