Tokyo Gas Co (TSE:9531) Debt-to-Asset : 0.34 (As of Dec. 2023)

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

What is Tokyo Gas Co Debt-to-Asset?

Tokyo Gas Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円66,849 Mil. Tokyo Gas Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,258,888 Mil. Tokyo Gas Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was 円3,901,004 Mil. Tokyo Gas Co's debt to asset for the quarter that ended in Dec. 2023 was 0.34.

Tokyo Gas Co Debt-to-Asset Historical Data

The historical data trend for Tokyo Gas Co's Debt-to-Asset 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.

Tokyo Gas Co Debt-to-Asset Chart

Tokyo Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

Get a 7-Day Free Trial

0.33

0.38

0.37

0.35

Tokyo Gas Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.35	0.35	0.34	0.34	0.35

Competitive Comparison of Tokyo Gas Co's Debt-to-Asset

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

Tokyo Gas Co's Debt-to-Asset Distribution in the Utilities - Regulated Industry

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

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

Tokyo Gas Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tokyo Gas Co's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(73998	+	1270343)	/	3888855
	=	0.35

Tokyo Gas Co's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(66849	+	1258888)	/	3901004
	=	0.34

Tokyo Gas Co (TSE:9531) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Tokyo Gas Co Debt-to-Asset Related Terms

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

Tokyo Gas Co (TSE:9531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tokyo Gas Co Ltd (TSE:9531) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TKGSY:USA TKGSF:USA TOG:Germany

Address

1-5-20 Kaigan Minato-ku, Tokyo, JPN, 105-8527

Website

http://www.tokyo-gas.co.jp

Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.

Tokyo Gas Co (TSE:9531) Headlines

No Headlines