Shizuoka Gas Co (TSE:9543) Debt-to-EBITDA : 0.50 (As of Jun. 2024)

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What is Shizuoka Gas Co Debt-to-EBITDA?

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

Shizuoka Gas Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円179 Mil. Shizuoka Gas Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円16,901 Mil. Shizuoka Gas Co's annualized EBITDA for the quarter that ended in Jun. 2024 was 円34,208 Mil. Shizuoka Gas Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.50.

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 Shizuoka Gas Co's Debt-to-EBITDA or its related term are showing as below:

TSE:9543' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.28 Med: 0.53 Max: 1.66
Current: 1.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shizuoka Gas Co was 1.66. The lowest was 0.28. And the median was 0.53.

TSE:9543's Debt-to-EBITDA is ranked better than
74.01% of 454 companies
in the Utilities - Regulated industry
Industry Median: 3.94 vs TSE:9543: 1.55

Shizuoka Gas Co Debt-to-EBITDA Historical Data

The historical data trend for Shizuoka 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.

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Shizuoka Gas Co Debt-to-EBITDA Chart

Shizuoka Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.33

0.28

0.34

1.66

0.59

Shizuoka Gas Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-EBITDA	Get a 7-Day Free Trial															2.20	-3.95	1.07	0.50	-

Competitive Comparison of Shizuoka Gas Co's Debt-to-EBITDA

For the Utilities - Regulated Gas subindustry, Shizuoka 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.

Shizuoka Gas Co's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

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

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

Shizuoka Gas Co Debt-to-EBITDA Calculation

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

Shizuoka Gas Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(95	+	17233)	/	29587
	=	0.59

Shizuoka Gas Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(179	+	16901)	/	34208
	=	0.50

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 (Jun. 2024) EBITDA data.

Shizuoka Gas Co (TSE:9543) 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.

Shizuoka Gas Co Debt-to-EBITDA Related Terms

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

Shizuoka Gas Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shizuoka Gas Co Ltd (TSE:9543) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

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Address

1-5-38 Yawata, Suruga-ku, Shizuoka, JPN, 422-8688

Website

http://www.shizuokagas.co.jp

Shizuoka Gas Co Ltd, or Shizgas, is a Japanese electric power and gas company. Shizgas is primarily involved in the distribution of city gas through its pipeline network to Japanese municipalities between Tokyo and Nagoya along the coastline of the Pacific Ocean near Mount Fuji. The company segments its operations into gas, LPG, and other energy services, and other businesses units. Shizuoka Gas derives the vast majority of its revenue from sales of natural gas. The company's customers are mainly split between wholesale and industrial consumers in terms of sales volume. Shizuoka Gas also generates revenue from the sale of liquefied natural gas that it imports from overseas, utility facility construction, and natural gas piping installations in Japan.

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