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Saibu Gas Holdings CoTSE:9536 +1.47%42 Debt-to-Equity is 2.15 as of Mar. 2026, which is 19% below its 10-year median of 2.67. GuruFocus rates TSE:9536 with a GF Score™ of 42/100. The stock has 8 warning signs investors should review. Among 471 Utilities - Regulated companies, Saibu Gas Holdings Co ranks worse than 85.35% on this metric.
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 Saibu Gas Holdings Co's Debt-to-Equity or its related term are showing as below:
TSE:9536'
s Debt-to-Equity Range Over the Past 10 Years
Min: 2.15 Med: 2.67 Max: 3.18
Current: 1.97
During the past 13 years, the highest Debt-to-Equity Ratio of Saibu Gas Holdings Co was 3.18. The lowest was 2.15. And the median was 2.67.
TSE:9536's Debt-to-Equity is ranked worse than 85.35% of 471
companies
in the Utilities - Regulated industry
Industry Median: 1
vs TSE:9536: 1.97
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.
Saibu Gas Holdings Co Debt-to-Equity Related Terms
Saibu Gas Holdings Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Saibu Gas Holdings 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.
For the Utilities - Regulated Gas subindustry, Saibu Gas Holdings 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.
Saibu Gas Holdings Co Debt-to-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Saibu Gas Holdings Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Saibu Gas Holdings Co's Debt-to-Equity falls into.
* 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.
Saibu Gas Holdings Co (TSE:9536) has a Debt-to-Equity of 2.15 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Saibu Gas Holdings Co and its competitors. This is 19% below median its historical median of 2.67. Over the past decade, Saibu Gas Holdings Co's Debt-to-Equity has ranged from 2.15 to 3.18. According to the industry distribution chart, Saibu Gas Holdings Co ranks #402 out of 471 companies in the Utilities - Regulated industry, placing it in the top 85.4%.
Is Saibu Gas Holdings Co's Debt-to-Equity too high?
Saibu Gas Holdings Co's current Debt-to-Equity of 2.15 is 19% below median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 3.18. The Utilities - Regulated industry median Debt-to-Equity is 1.00. Saibu Gas Holdings Co's value of 2.15 is 115% above this industry median. Based on the distribution chart, Saibu Gas Holdings Co ranks #402 out of 471 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Saibu Gas Holdings Co has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Saibu Gas Holdings Co's Debt-to-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Saibu Gas Holdings Co ranks #402 out of 471 companies for Debt-to-Equity. This places Saibu Gas Holdings Co in the lower half of its industry. The industry median Debt-to-Equity is 1.00. Saibu Gas Holdings Co's value of 2.15 is 115% above this benchmark. Historically, Saibu Gas Holdings Co's own Debt-to-Equity has ranged from 2.15 to 3.18 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 1.00, Saibu Gas Holdings 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 Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 1.00, based on 471 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saibu Gas Holdings Co's current Debt-to-Equity of 2.15 is 115% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Saibu Gas Holdings Co and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saibu Gas Holdings Co's current Debt-to-Equity is 2.15, which is 19% below median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saibu Gas Holdings Co stock overvalued right now?
Saibu Gas Holdings Co (TSE:9536) has a current Debt-to-Equity of 2.15. The current Debt-to-Equity is 2.15, which is 19% below median its 10-year median of 2.67 and 115% above the Utilities - Regulated industry median of 1.00. Saibu Gas Holdings Co's overall GF Score™ is 42/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Saibu Gas Holdings Co (TSE:9536), the current Debt-to-Equity is 2.15 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.
Saibu Gas Holdings Co Ltd is a Japanese natural gas utility that produces, supplies, and sells natural gas and petroleum products. The company segments its operations into gas, liquefied petroleum gas, real estate, and "other" business units. The company primarily distributes and sells natural gas and LPG in the Fukuoka and Kitakyushu areas in the northern part of the Japanese island of Kyushu. Saibu sells gas and liquefied natural gas products to a variety of utility and industrial customers through long-term agreements. The company also is involved in the heating, gas equipment, and photovoltaic power generation business through its other activities.
42GF Score
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