Hokuriku Gas Co (TSE:9537) Current Ratio: 1.56 (As of Mar. 2026) — Near Median

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TSE:9537 Hokuriku Gas Co Ltd TSE:9537
67 GF Score
Price 円4,280.00
GF Value 円3,701.52
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hokuriku Gas Co Current Ratio?

Hokuriku Gas Co TSE:9537 -1.15% 67 Current Ratio is 1.56 as of Mar. 2026, which is 6% above its 10-year median of 1.47. GuruFocus rates TSE:9537 with a GF Score™ of 67/100 and a GF Value™ of 円3,701.52 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 508 Utilities - Regulated companies, Hokuriku Gas Co ranks better than 72.24% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Hokuriku Gas Co's current ratio for the quarter that ended in Mar. 2026 was 1.56.

Hokuriku Gas Co has a current ratio of 1.56. It generally indicates good short-term financial strength.

The historical rank and industry rank for Hokuriku Gas Co's Current Ratio or its related term are showing as below:

TSE:9537' s Current Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.47   Max: 1.69
Current: 1.56

During the past 13 years, Hokuriku Gas Co's highest Current Ratio was 1.69. The lowest was 1.10. And the median was 1.47.

TSE:9537's Current Ratio is ranked better than
72.24% of 508 companies
in the Utilities - Regulated industry
Industry Median: 1.08 vs TSE:9537: 1.56

Hokuriku Gas Co  (TSE:9537) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Hokuriku Gas Co Current Ratio Related Terms


Hokuriku Gas Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Hokuriku Gas Co's Current Ratio 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.

Hokuriku Gas Co Current Ratio Chart

Hokuriku Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.47 1.47 1.69 1.56

Hokuriku Gas Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.47 1.77 1.69 1.59 1.56

TSE:9537 vs ATO, NI, UGI: Current Ratio Comparison

For the Utilities - Regulated Gas subindustry, Hokuriku Gas Co's Current Ratio, along with its competitors' market caps and Current Ratio 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.


Hokuriku Gas Co Current Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hokuriku Gas Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Hokuriku Gas Co's Current Ratio falls into.


TSE:9537
67GF Score
Hokuriku Gas Co Ltd TSE:9537
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokuriku Gas Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Hokuriku Gas Co's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=15800.174/10127.066
=1.56

Hokuriku Gas Co's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=15800.174/10127.066
=1.56

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.56 mean?
Hokuriku Gas Co (TSE:9537) has a Current Ratio of 1.56 as of Mar. 2026. This is near median its historical median of 1.47. Over the past decade, Hokuriku Gas Co's Current Ratio has ranged from 1.10 to 1.69. According to the industry distribution chart, Hokuriku Gas Co ranks #141 out of 508 companies in the Utilities - Regulated industry, placing it in the top 27.8%.
Is Hokuriku Gas Co's Current Ratio too high?
Hokuriku Gas Co's current Current Ratio of 1.56 is near median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 1.69. The Utilities - Regulated industry median Current Ratio is 1.08. Hokuriku Gas Co's value of 1.56 is 44.4% above this industry median. Based on the distribution chart, Hokuriku Gas Co ranks #141 out of 508 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hokuriku Gas Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Gas Co's Current Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hokuriku Gas Co ranks #141 out of 508 companies for Current Ratio. This puts Hokuriku Gas Co in the upper half of its industry. The industry median Current Ratio is 1.08. Hokuriku Gas Co's value of 1.56 is 44.4% above this benchmark. Historically, Hokuriku Gas Co's own Current Ratio has ranged from 1.10 to 1.69 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.08, Hokuriku 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 Current Ratio for an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hokuriku Gas Co's current Current Ratio of 1.56 is 44.4% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Gas Co's current Current Ratio is 1.56, which is near median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Gas Co (TSE:9537) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,701.52, compared to a current price of 円4,280.00 — trading 15.6% above its estimated fair value. The current Current Ratio is 1.56, which is near median its 10-year median of 1.47 and 44.4% above the Utilities - Regulated industry median of 1.08. Hokuriku Gas Co's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Hokuriku Gas Co (TSE:9537), the current Current Ratio is 1.56 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 Hokuriku Gas Co (TSE:9537) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuriku Gas Co stock appears to be overvalued. The current stock price of 円4,280.00 is trading 15.6% above its estimated GF Value™ of 円3,701.52. GuruFocus considers Hokuriku Gas Co to be Modestly Overvalued.

Key valuation signals for TSE:9537:

  • Current Ratio: 1.56 (near median its 10-year median of 1.47)
  • GF Value™: 円3,701.52 vs. price of 円4,280.00 (15.6% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 44.4% above the Utilities - Regulated median (#141 of 508)

No single metric tells the full story. See the TSE:9537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokuriku Gas Co Business Description

Address Hokuriku Building, 2-23 Higashi-Odori 1-chome, Chuo-ku, Niigata City, JPN, 950-8748
Hokuriku Gas Co Ltd engages in the manufacture, supply, and sale of city gas and gas-related equipment. It is involved in the manufacture, supply, and sale of city gas, as well as the operation of gas works and the sale of gas equipment. The firm also engages in the sale of liquefied petroleum gas (LPG) and LPG equipment, the operation of LPG piping works, gas works and civil engineering works, the design, installation, maintenance, security and inspection of gas equipment, the sale, installation and meter reading of housing facilities and equipment, the leasing and management of buildings, the leasing of business equipment and vehicles, It also undertakes gas construction contracts; and sells gas appliances.
67GF Score

Get the complete analysis for TSE:9537

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円4,280.00
Price
円3,701.52
GF Value