Japan Airlines Co (TSE:9201) Debt-to-Revenue : 0.44 (As of Mar. 2026)


TSE:9201 Japan Airlines Co Ltd TSE:9201
80 GF Score
Price 円2,753.50
GF Value 円3,133.69
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Japan Airlines Co Debt-to-Revenue?

Japan Airlines Co TSE:9201 -1.38% 80 Debt-to-Revenue is 0.44 as of Mar. 2026. GuruFocus rates TSE:9201 with a GF Score™ of 80/100 and a GF Value™ of 円3,133.69 (Modestly Undervalued). The stock has 3 warning signs investors should review.

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

Japan Airlines Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円149,883 Mil. Japan Airlines Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円726,034 Mil. Japan Airlines Co's annualized Revenue for the quarter that ended in Mar. 2026 was 円1,995,028 Mil. Japan Airlines Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2026 was 0.44.

Japan Airlines Co Debt-to-Revenue Historical Data

* Premium members only.

The historical data trend for Japan Airlines Co's Debt-to-Revenue 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.

Japan Airlines Co Debt-to-Revenue Chart

Japan Airlines Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 0.67 0.54 0.49 0.44

Japan Airlines Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Revenue 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 0.49 0.47 0.43 0.41 0.44

TSE:9201 vs DAL, UAL, LUV: Debt-to-Revenue Comparison

For the Airlines subindustry, Japan Airlines Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Japan Airlines Co Debt-to-Revenue vs Transportation Industry

For the Transportation industry and Industrials sector, Japan Airlines Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Japan Airlines Co's Debt-to-Revenue falls into.


TSE:9201
80GF Score
Japan Airlines Co Ltd TSE:9201
Debt-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Airlines Co Debt-to-Revenue Calculation

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

Japan Airlines Co's Debt-to-Revenue for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(149883 + 726034) / 2012514
=0.44

Japan Airlines Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(149883 + 726034) / 1995028
=0.44

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2026) Revenue data.

Frequently Asked Questions Learn more about Debt-to-Revenue →
What does a Debt-to-Revenue of 0.44 mean?
Japan Airlines Co (TSE:9201) has a Debt-to-Revenue of 0.44 as of Mar. 2026.
Is Japan Airlines Co's Debt-to-Revenue too high?
Japan Airlines Co's current Debt-to-Revenue is 0.44. Overall, Japan Airlines Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Japan Airlines Co's Debt-to-Revenue compare to DAL and UAL?
Japan Airlines Co's Debt-to-Revenue of 0.44 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Revenue for a Transportation company?
A good Debt-to-Revenue depends on the Transportation industry context. However, Debt-to-Revenue 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-Revenue mean?
A high Debt-to-Revenue can signal that a stock is expensive relative to its fundamentals. Japan Airlines Co's current Debt-to-Revenue is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Airlines Co (TSE:9201) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,133.69, compared to a current price of 円2,753.50 — trading 12.1% below its estimated fair value. The current Debt-to-Revenue is 0.44. Japan Airlines Co's overall GF Score™ is 80/100 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-Revenue calculated?
Debt-to-Revenue is calculated from a company's financial statements. For Japan Airlines Co (TSE:9201), the current Debt-to-Revenue is 0.44 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 Japan Airlines Co (TSE:9201) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Airlines Co stock appears to be undervalued. The current stock price of 円2,753.50 is trading 12.1% below its estimated GF Value™ of 円3,133.69. GuruFocus considers Japan Airlines Co to be Modestly Undervalued.

Key valuation signals for TSE:9201:

  • Debt-to-Revenue: 0.44
  • GF Value™: 円3,133.69 vs. price of 円2,753.50 (12.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the TSE:9201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Japan Airlines Co Business Description

Address 2-4-11 Higashi-Shinagawa, Nomura Real Estate Building, Shinagawa-ku, Tokyo, JPN, 140-8605
Japan Airlines Co Ltd is an international air transport services company. It offers scheduled and non-scheduled air transport services and aerial work services. The company operates large aircraft, medium-sized aircraft, small aircraft, and regional jets. The company is also engaged in the travel planning and sales business, which covers travel planning and sales, baggage delivery, system development and operation, ticketing systems for the travel industry, and credit card services related to air travel.
80GF Score

Get the complete analysis for TSE:9201

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

円2,753.50
Price
円3,133.69
GF Value