Osaka Gas Co (TSE:9532) Debt-to-Equity : 0.53 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Osaka Gas Co Debt-to-Equity?

Osaka Gas Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Osaka Gas Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円839,441 Mil. Osaka Gas Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,591,886 Mil. Osaka Gas Co's debt to equity for the quarter that ended in Dec. 2023 was 0.53.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Osaka Gas Co's Debt-to-Equity or its related term are showing as below:

TSE:9532' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.59 Max: 0.7
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Osaka Gas Co was 0.70. The lowest was 0.43. And the median was 0.59.

TSE:9532's Debt-to-Equity is ranked better than
64.92% of 476 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs TSE:9532: 0.53

Osaka Gas Co Debt-to-Equity Historical Data

The historical data trend for Osaka Gas Co's Debt-to-Equity 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.

* Premium members only.

Osaka Gas Co Debt-to-Equity Chart

Osaka Gas Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.51

0.66

0.64

0.56

0.58

Osaka Gas Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.60	0.58	0.58	0.55	0.53

Competitive Comparison of Osaka Gas Co's Debt-to-Equity

For the Utilities - Regulated Gas subindustry, Osaka Gas Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Osaka Gas Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Osaka Gas Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Osaka Gas Co's Debt-to-Equity falls into.

Osaka Gas Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Osaka Gas Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	811534)	/	1391420
	=	0.58

Osaka Gas Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	839441)	/	1591886
	=	0.53

Osaka Gas Co (TSE:9532) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Osaka Gas Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Osaka Gas Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Osaka Gas Co (TSE:9532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Osaka Gas Co Ltd (TSE:9532) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OSA:Germany

Address

4-1-2, Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046

Website

http://www.osakagas.co.jp

Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. Osaka Gas segments its operations into: Gas; LPG, Electricity, and Other Energy; International Energy; and Life and Business Solutions units. The company's total revenue generation is mainly split between its Gas and LPG, Electricity, and Other Energy divisions. The Gas business produces, supplies, and markets city gas to mostly industrial and residential customers in the Kansai region of Japan. Osaka Gas' LPG, Electricity, and Other Energy business generates and sells electricity and liquefied petroleum gas to consumers both inside and outside Japan. To do this, the company operates an international portfolio of natural gas-fired thermal, solar, and wind power plants.

Osaka Gas Co (TSE:9532) Headlines

No Headlines