Hokuriku Gas Co (TSE:9537) Debt-to-EBITDA : 0.00 (As of Mar. 2026)

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TSE:9537 Hokuriku Gas Co Ltd TSE:9537
61 GF Score
Price 円4,500.00
GF Value 円3,719.82
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hokuriku Gas Co Debt-to-EBITDA?

Hokuriku Gas Co TSE:9537 +0.22% 61 Debt-to-EBITDA is 0.00 as of Mar. 2026. GuruFocus rates TSE:9537 with a GF Score™ of 61/100 and a GF Value™ of 円3,719.82 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 447 Utilities - Regulated companies, Hokuriku Gas Co ranks better than 99.78% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hokuriku Gas Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円0 Mil. Hokuriku Gas Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円68 Mil. Hokuriku Gas Co's annualized EBITDA for the quarter that ended in Mar. 2026 was 円35,001 Mil. Hokuriku Gas Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.00.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

TSE:9537' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 0.23
Current: 0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hokuriku Gas Co was 0.23. The lowest was 0.00. And the median was 0.03.

TSE:9537's Debt-to-EBITDA is ranked better than
99.78% of 447 companies
in the Utilities - Regulated industry
Industry Median: 3.97 vs TSE:9537: 0.01

Hokuriku Gas Co  (TSE:9537) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Hokuriku Gas Co Debt-to-EBITDA Related Terms


Hokuriku Gas Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hokuriku Gas Co's Debt-to-EBITDA 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 Debt-to-EBITDA Chart

Hokuriku Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.03 0.23 0.01 0.01

Hokuriku Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA 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 0.01 0.01 -0.05 0.00 0.01

TSE:9537 vs ATO, NI: Debt-to-EBITDA Comparison

For the Utilities - Regulated Gas subindustry, Hokuriku Gas Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Utilities - Regulated Industry

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

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


TSE:9537
61GF Score
Hokuriku Gas Co Ltd TSE:9537
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokuriku Gas Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hokuriku Gas Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 68.455) / 10059.372
=0.01

Hokuriku Gas Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 68.455) / 35001.436
=0.00

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.00 mean?
Hokuriku Gas Co (TSE:9537) has a Debt-to-EBITDA of 0.00 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hokuriku Gas Co. According to the industry distribution chart, Hokuriku Gas Co ranks #1 out of 447 companies in the Utilities - Regulated industry, placing it in the top 0.2%.
Is Hokuriku Gas Co's Debt-to-EBITDA too high?
Hokuriku Gas Co's current Debt-to-EBITDA is 0.00. Based on the distribution chart, Hokuriku Gas Co ranks #1 out of 447 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Hokuriku Gas Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Gas Co's Debt-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hokuriku Gas Co ranks #1 out of 447 companies for Debt-to-EBITDA. This places Hokuriku Gas Co in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 3.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 3.97, based on 447 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hokuriku Gas Co. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Gas Co's current Debt-to-EBITDA is 0.00. 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3,719.82, compared to a current price of 円4,500.00 — trading 21% above its estimated fair value. The current Debt-to-EBITDA is 0.00. Hokuriku Gas Co's overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Hokuriku Gas Co (TSE:9537), the current Debt-to-EBITDA is 0.00 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4,500.00 is trading 21% above its estimated GF Value™ of 円3,719.82. GuruFocus considers Hokuriku Gas Co to be Modestly Overvalued.

Key valuation signals for TSE:9537:

  • Debt-to-EBITDA: 0.00
  • GF Value™: 円3,719.82 vs. price of 円4,500.00 (21% above fair value)
  • GF Score™: 61/100 with 3 warning signs

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.
61GF Score

Get the complete analysis for TSE:9537

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

円4,500.00
Price
円3,719.82
GF Value