NARRF (Nagoya Railroad Co) Liabilities-to-Assets : 0.67 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NARRF Nagoya Railroad Co Ltd NARRF
74 GF Score
Price $15.70
GF Value $15.25
! 4 Warning Signs
View Full Analysis

What is Nagoya Railroad Co Liabilities-to-Assets?

Nagoya Railroad Co NARRF 74 Liabilities-to-Assets is 0.67 as of Mar. 2026. GuruFocus rates NARRF with a GF Score™ of 74/100 and a GF Value™ of $15.25. The stock has 4 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Nagoya Railroad Co's Total Liabilities for the quarter that ended in Mar. 2026 was $6,728 Mil. Nagoya Railroad Co's Total Assets for the quarter that ended in Mar. 2026 was $9,987 Mil. Therefore, Nagoya Railroad Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.67.


Nagoya Railroad Co  (OTCPK:NARRF) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Nagoya Railroad Co Liabilities-to-Assets Related Terms


Nagoya Railroad Co Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Nagoya Railroad Co's Liabilities-to-Assets 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.

Nagoya Railroad Co Liabilities-to-Assets Chart

Nagoya Railroad Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.65 0.64 0.66 0.67

Nagoya Railroad Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Liabilities-to-Assets 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 0.67 0.67 0.67 0.67 0.67

NARRF vs MMM, HON: Liabilities-to-Assets Comparison

For the Conglomerates subindustry, Nagoya Railroad Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Nagoya Railroad Co Liabilities-to-Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nagoya Railroad Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Nagoya Railroad Co's Liabilities-to-Assets falls into.


NARRF
74GF Score
Nagoya Railroad Co Ltd NARRF
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nagoya Railroad Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Nagoya Railroad Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Liabilities-to-Assets (A: Mar. 2026 )=Total Liabilities/Total Assets
=6728.011/9987.491
=0.67

Nagoya Railroad Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=6728.011/9987.491
=0.67

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.67 mean?
Nagoya Railroad Co (NARRF) has a Liabilities-to-Assets of 0.67 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Nagoya Railroad Co and its competitors.
Is Nagoya Railroad Co's Liabilities-to-Assets too high?
Nagoya Railroad Co's current Liabilities-to-Assets is 0.67. Overall, Nagoya Railroad Co has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Nagoya Railroad Co's Liabilities-to-Assets compare to MMM and HON?
Nagoya Railroad Co's Liabilities-to-Assets of 0.67 can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Conglomerates company?
A good Liabilities-to-Assets depends on the Conglomerates industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Nagoya Railroad Co and its competitors. Nagoya Railroad Co's current Liabilities-to-Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nagoya Railroad Co stock overvalued right now?
Nagoya Railroad Co (NARRF) has a current Liabilities-to-Assets of 0.67. The stock's GF Value™ is $15.25, compared to a current price of $15.70 — trading 3% above its estimated fair value. The current Liabilities-to-Assets is 0.67. Nagoya Railroad Co's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Nagoya Railroad Co (NARRF), the current Liabilities-to-Assets is 0.67 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 Nagoya Railroad Co (NARRF) Overvalued in 2026?

Based on GuruFocus' analysis, Nagoya Railroad Co stock appears to be overvalued. The current stock price of $15.70 is trading 3% above its estimated GF Value™ of $15.25.

Key valuation signals for NARRF:

  • Liabilities-to-Assets: 0.67
  • GF Value™: $15.25 vs. price of $15.70 (3% above fair value)
  • GF Score™: 74/100 with 4 warning signs

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


Nagoya Railroad Co Business Description

Other Exchanges 9048:Japan
Address 1-2-4 Meieki, Nakamura-ku, Nagoya, JPN, 450-8501
Nagoya Railroad Co Ltd is mainly engaged in the provision of transportation services. The company operates through six segments. The Aviation-related Services segment includes airline operations and in-flight meal services. The Distribution segment covers department stores, petroleum sales, and product distribution. The Leisure and Service segment manages hotels, restaurants, tourist facilities, and travel operations. The Real Estate segment handles property sales, leasing, and management. The Transport segment involves trucking and shipping. The Transportation segment covers trains, buses, and taxis. The company generates the majority of its revenue from the Transport business.
74GF Score

Get the complete analysis for NARRF

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

$15.70
Price
$15.25
GF Value