TKGSF (Tokyo Gas Co) Interest Coverage: 14.20 (As of Mar. 2026) — 60% Above Median


TKGSF Tokyo Gas Co Ltd TKGSF
75 GF Score
Price $39.85
GF Value $31.96
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Tokyo Gas Co Interest Coverage?

Tokyo Gas Co TKGSF 75 Interest Coverage is 14.20 as of Mar. 2026, which is 60% above its 10-year median of 8.86. GuruFocus rates TKGSF with a GF Score™ of 75/100 and a GF Value™ of $31.96 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 449 Utilities - Regulated companies, Tokyo Gas Co ranks better than 76.84% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Tokyo Gas Co's Operating Income for the three months ended in Mar. 2026 was $374 Mil. Tokyo Gas Co's Interest Expense for the three months ended in Mar. 2026 was $-26 Mil. Tokyo Gas Co's interest coverage for the quarter that ended in Mar. 2026 was 14.20. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Tokyo Gas Co's Interest Coverage or its related term are showing as below:

TKGSF' s Interest Coverage Range Over the Past 10 Years
Min: 4.26   Med: 8.86   Max: 27.84
Current: 10.46


TKGSF's Interest Coverage is ranked better than
76.84% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs TKGSF: 10.46

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Tokyo Gas Co  (OTCPK:TKGSF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Tokyo Gas Co Interest Coverage Related Terms


Tokyo Gas Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tokyo Gas Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Tokyo Gas Co Interest Coverage Chart

Tokyo Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.82 27.84 12.03 4.26 10.46

Tokyo Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 7.36 9.23 7.26 12.52 14.20

TKGSF vs ATO, NI: Interest Coverage Comparison

For the Utilities - Regulated Gas subindustry, Tokyo Gas Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Utilities - Regulated Industry

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

* The bar in red indicates where Tokyo Gas Co's Interest Coverage falls into.


TKGSF
75GF Score
Tokyo Gas Co Ltd TKGSF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Gas Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tokyo Gas Co's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Tokyo Gas Co's Interest Expense was $-119 Mil. Its Operating Income was $1,246 Mil. And its Long-Term Debt & Capital Lease Obligation was $7,156 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1245.738/-119.087
=10.46

Tokyo Gas Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Tokyo Gas Co's Interest Expense was $-26 Mil. Its Operating Income was $374 Mil. And its Long-Term Debt & Capital Lease Obligation was $7,156 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*374.452/-26.361
=14.20

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 14.20 mean?
Tokyo Gas Co (TKGSF) has a Interest Coverage of 14.20 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tokyo Gas Co and its competitors. This is 60% above median its historical median of 8.86. Over the past decade, Tokyo Gas Co's Interest Coverage has ranged from 4.26 to 27.84. According to the industry distribution chart, Tokyo Gas Co ranks #104 out of 449 companies in the Utilities - Regulated industry, placing it in the top 23.2%.
Is Tokyo Gas Co's Interest Coverage too high?
Tokyo Gas Co's current Interest Coverage of 14.20 is 60% above median its 10-year median of 8.86. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 27.84. The Utilities - Regulated industry median Interest Coverage is 3.78. Tokyo Gas Co's value of 14.20 is 275.7% above this industry median. Based on the distribution chart, Tokyo Gas Co ranks #104 out of 449 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo Gas Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Gas Co's Interest Coverage compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Tokyo Gas Co ranks #104 out of 449 companies for Interest Coverage. This places Tokyo Gas Co in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.78. Tokyo Gas Co's value of 14.20 is 275.7% above this benchmark. Historically, Tokyo Gas Co's own Interest Coverage has ranged from 4.26 to 27.84 over the past decade. While the company's 10-year median is 8.86 vs. the industry median of 3.78, Tokyo Gas 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 Interest Coverage for an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tokyo Gas Co's current Interest Coverage of 14.20 is 275.7% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tokyo Gas Co and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Gas Co's current Interest Coverage is 14.20, which is 60% above median its own 10-year median of 8.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Gas Co (TKGSF) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.96, compared to a current price of $39.85 — trading 24.7% above its estimated fair value. The current Interest Coverage is 14.20, which is 60% above median its 10-year median of 8.86 and 275.7% above the Utilities - Regulated industry median of 3.78. Tokyo Gas Co's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Tokyo Gas Co (TKGSF), the current Interest Coverage is 14.20 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 Tokyo Gas Co (TKGSF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Gas Co stock appears to be overvalued. The current stock price of $39.85 is trading 24.7% above its estimated GF Value™ of $31.96. GuruFocus considers Tokyo Gas Co to be Modestly Overvalued.

Key valuation signals for TKGSF:

  • Interest Coverage: 14.20 (60% above median its 10-year median of 8.86)
  • GF Value™: $31.96 vs. price of $39.85 (24.7% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 275.7% above the Utilities - Regulated median (#104 of 449)

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


Tokyo Gas Co Business Description

Address 1-5-20 Kaigan, Minato-ku, Tokyo, JPN, 105-8527
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.
75GF Score

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

$39.85
Price
$31.96
GF Value