Nippon Gas CoTSE:8174 +0.87%78 Quick Ratio is 1.08 as of Mar. 2026, which is 4% above its 10-year median of 1.04. GuruFocus rates TSE:8174 with a GF Score™ of 78/100 and a GF Value™ of 円2,685.68 (Fairly Valued). The stock has 4 warning signs investors should review. Among 507 Utilities - Regulated companies, Nippon Gas Co ranks better than 54.44% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Nippon Gas Co's quick ratio for the quarter that ended in Mar. 2026 was 1.08.
Nippon Gas Co has a quick ratio of 1.08. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nippon Gas Co's Quick Ratio or its related term are showing as below:
TSE:8174'
s Quick Ratio Range Over the Past 10 Years
Min: 0.64 Med: 1.04 Max: 1.23
Current: 1.08
During the past 13 years, Nippon Gas Co's highest Quick Ratio was 1.23. The lowest was 0.64. And the median was 1.04.
TSE:8174's Quick Ratio is ranked better than 54.44% of 507
companies
in the Utilities - Regulated industry
Industry Median: 1.01
vs TSE:8174: 1.08
Nippon Gas Co (TSE:8174) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Nippon Gas Co Quick Ratio Related Terms
Nippon Gas Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Nippon Gas Co's Quick Ratio 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, Nippon Gas Co's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
Nippon Gas Co Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Gas Co's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Nippon Gas Co's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Nippon Gas Co (TSE:8174) has a Quick Ratio of 1.08 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nippon Gas Co and its competitors. This is near median its historical median of 1.04. Over the past decade, Nippon Gas Co's Quick Ratio has ranged from 0.64 to 1.23. According to the industry distribution chart, Nippon Gas Co ranks #231 out of 507 companies in the Utilities - Regulated industry, placing it in the top 45.6%.
Is Nippon Gas Co's Quick Ratio too high?
Nippon Gas Co's current Quick Ratio of 1.08 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.23. The Utilities - Regulated industry median Quick Ratio is 1.01. Nippon Gas Co's value of 1.08 is 6.9% above this industry median. Based on the distribution chart, Nippon Gas Co ranks #231 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Nippon Gas Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Gas Co's Quick Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Nippon Gas Co ranks #231 out of 507 companies for Quick Ratio. This puts Nippon Gas Co in the upper half of its industry. The industry median Quick Ratio is 1.01. Nippon Gas Co's value of 1.08 is 6.9% above this benchmark. Historically, Nippon Gas Co's own Quick Ratio has ranged from 0.64 to 1.23 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.01, Nippon 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 Quick Ratio for an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nippon Gas Co's current Quick Ratio of 1.08 is 6.9% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nippon Gas Co and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Gas Co's current Quick Ratio is 1.08, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Gas Co (TSE:8174) is currently considered Fairly Valued. The stock's GF Value™ is 円2,685.68, compared to a current price of 円2,832.50 — trading 5.5% above its estimated fair value. The current Quick Ratio is 1.08, which is near median its 10-year median of 1.04 and 6.9% above the Utilities - Regulated industry median of 1.01. Nippon Gas Co's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Nippon Gas Co (TSE:8174), the current Quick Ratio is 1.08 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 Nippon Gas Co (TSE:8174) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Gas Co stock appears to be overvalued.
The current stock price of 円2,832.50 is trading 5.5% above its estimated GF Value™ of 円2,685.68.
GuruFocus considers Nippon Gas Co to be Fairly Valued.
Key valuation signals for TSE:8174:
Quick Ratio: 1.08 (near median its 10-year median of 1.04)
GF Value™: 円2,685.68 vs. price of 円2,832.50 (5.5% above fair value)
Industry Position: 6.9% above the Utilities - Regulated median (#231 of 507)
No single metric tells the full story. See the TSE:8174 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.
78GF Score
Get the complete analysis for TSE:8174
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8174 has been successfully added to your 
