Hiroshima Gas Co (TSE:9535) Interest Coverage: 42.98 (As of Mar. 2026) — 166% Above Median


TSE:9535 Hiroshima Gas Co Ltd TSE:9535
62 GF Score
Price 円420.00
GF Value 円352.04
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hiroshima Gas Co Interest Coverage?

Hiroshima Gas Co TSE:9535 62 Interest Coverage is 42.98 as of Mar. 2026, which is 166% above its 10-year median of 16.17. GuruFocus rates TSE:9535 with a GF Score™ of 62/100 and a GF Value™ of 円352.04 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 725 Oil & Gas companies, Hiroshima Gas Co ranks better than 61.79% 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. Hiroshima Gas Co's Operating Income for the three months ended in Mar. 2026 was 円1,805 Mil. Hiroshima Gas Co's Interest Expense for the three months ended in Mar. 2026 was 円-42 Mil. Hiroshima Gas Co's interest coverage for the quarter that ended in Mar. 2026 was 42.98. The higher the ratio, the stronger the company's financial strength is.

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

TSE:9535' s Interest Coverage Range Over the Past 10 Years
Min: 6.74   Med: 16.17   Max: 36.58
Current: 9.43


TSE:9535's Interest Coverage is ranked better than
61.79% of 725 companies
in the Oil & Gas industry
Industry Median: 5.8 vs TSE:9535: 9.43

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


Hiroshima Gas Co  (TSE:9535) 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 .


Hiroshima Gas Co Interest Coverage Related Terms


Hiroshima Gas Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hiroshima 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.

Hiroshima Gas Co Interest Coverage Chart

Hiroshima 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 19.56 36.58 16.95 6.74 9.43

Hiroshima Gas Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 N/A 21.14 0.00 0.00 42.98

TSE:9535 vs XOM, CVX: Interest Coverage Comparison

For the Oil & Gas Integrated subindustry, Hiroshima 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.


Hiroshima Gas Co Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hiroshima Gas Co's Interest Coverage distribution charts can be found below:

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


TSE:9535
62GF Score
Hiroshima Gas Co Ltd TSE:9535
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiroshima 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.

Hiroshima 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, Hiroshima Gas Co's Interest Expense was 円-168 Mil. Its Operating Income was 円1,585 Mil. And its Long-Term Debt & Capital Lease Obligation was 円33,882 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1585/-168
=9.43

Hiroshima 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, Hiroshima Gas Co's Interest Expense was 円-42 Mil. Its Operating Income was 円1,805 Mil. And its Long-Term Debt & Capital Lease Obligation was 円33,882 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1805/-42
=42.98

* 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 42.98 mean?
Hiroshima Gas Co (TSE:9535) has a Interest Coverage of 42.98 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hiroshima Gas Co and its competitors. This is 166% above median its historical median of 16.17. Over the past decade, Hiroshima Gas Co's Interest Coverage has ranged from 6.74 to 36.58. According to the industry distribution chart, Hiroshima Gas Co ranks #277 out of 725 companies in the Oil & Gas industry, placing it in the top 38.2%.
Is Hiroshima Gas Co's Interest Coverage too high?
Hiroshima Gas Co's current Interest Coverage of 42.98 is 166% above median its 10-year median of 16.17. Over the past 10 years, this metric has ranged from a low of 6.74 to a high of 36.58. The Oil & Gas industry median Interest Coverage is 5.80. Hiroshima Gas Co's value of 42.98 is 641% above this industry median. Based on the distribution chart, Hiroshima Gas Co ranks #277 out of 725 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Hiroshima Gas Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Gas Co's Interest Coverage compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Hiroshima Gas Co ranks #277 out of 725 companies for Interest Coverage. This puts Hiroshima Gas Co in the upper half of its industry. The industry median Interest Coverage is 5.80. Hiroshima Gas Co's value of 42.98 is 641% above this benchmark. Historically, Hiroshima Gas Co's own Interest Coverage has ranged from 6.74 to 36.58 over the past decade. While the company's 10-year median is 16.17 vs. the industry median of 5.80, Hiroshima 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.80, based on 725 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. Hiroshima Gas Co's current Interest Coverage of 42.98 is 641% 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 Hiroshima Gas Co and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroshima Gas Co's current Interest Coverage is 42.98, which is 166% above median its own 10-year median of 16.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hiroshima Gas Co (TSE:9535) is currently considered Modestly Overvalued. The stock's GF Value™ is 円352.04, compared to a current price of 円420.00 — trading 19.3% above its estimated fair value. The current Interest Coverage is 42.98, which is 166% above median its 10-year median of 16.17 and 641% above the Oil & Gas industry median of 5.80. Hiroshima Gas Co's overall GF Score™ is 62/100 with 5 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 Hiroshima Gas Co (TSE:9535), the current Interest Coverage is 42.98 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 Hiroshima Gas Co (TSE:9535) Overvalued in 2026?

Based on GuruFocus' analysis, Hiroshima Gas Co stock appears to be overvalued. The current stock price of 円420.00 is trading 19.3% above its estimated GF Value™ of 円352.04. GuruFocus considers Hiroshima Gas Co to be Modestly Overvalued.

Key valuation signals for TSE:9535:

  • Interest Coverage: 42.98 (166% above median its 10-year median of 16.17)
  • GF Value™: 円352.04 vs. price of 円420.00 (19.3% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 641% above the Oil & Gas median (#277 of 725)

No single metric tells the full story. See the TSE:9535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiroshima Gas Co Business Description

Industry EnergyOil & Gas
Address 2-7-1 Minamimachi, Minami Ward, Hiroshima, JPN, 734-8555
Hiroshima Gas Co Ltd is a provider of gas in the Chugoku region of Japan. It engages in supply of gas business, sale of gas appliances, sales of liquefied natural gas, and electricity business. Its business segments include Gas business which includes production, supply and sale of city gas, wholesale supply of gas to other gas companies; LPG business includes sale of LPG, refilling of LPG tanks, sale of LPG devices and installation of LPG pipes, and Other activities include construction, engineering, installation of machinery, and information distribution.
62GF Score

Get the complete analysis for TSE:9535

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

円420.00
Price
円352.04
GF Value