Hiroshima Gas Co (TSE:9535) Quick Ratio: 1.50 (As of Mar. 2026) — Near 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 Quick Ratio?

Hiroshima Gas Co TSE:9535 62 Quick Ratio is 1.50 as of Mar. 2026, which is 1% below its 10-year median of 1.52. 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 1,012 Oil & Gas companies, Hiroshima Gas Co ranks better than 61.46% 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. Hiroshima Gas Co's quick ratio for the quarter that ended in Mar. 2026 was 1.50.

Hiroshima Gas Co has a quick ratio of 1.50. It generally indicates good short-term financial strength.

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

TSE:9535' s Quick Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.52   Max: 1.99
Current: 1.5

During the past 13 years, Hiroshima Gas Co's highest Quick Ratio was 1.99. The lowest was 0.95. And the median was 1.52.

TSE:9535's Quick Ratio is ranked better than
61.46% of 1012 companies
in the Oil & Gas industry
Industry Median: 1.11 vs TSE:9535: 1.50

Hiroshima Gas Co  (TSE:9535) 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.


Hiroshima Gas Co Quick Ratio Related Terms


Hiroshima Gas Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Hiroshima 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.

Hiroshima Gas Co Quick Ratio Chart

Hiroshima Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.84 1.99 1.88 1.50

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
Quick Ratio 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 1.88 1.88 1.69 1.57 1.50

TSE:9535 vs XOM, CVX: Quick Ratio Comparison

For the Oil & Gas Integrated subindustry, Hiroshima 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.


Hiroshima Gas Co Quick Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Hiroshima Gas Co's Quick Ratio falls into.


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

Hiroshima Gas Co Quick Ratio Calculation

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.

Hiroshima Gas Co's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(38349-8880)/19655
=1.50

Hiroshima Gas Co's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(38349-8880)/19655
=1.50

* 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 Quick Ratio →
What does a Quick Ratio of 1.50 mean?
Hiroshima Gas Co (TSE:9535) has a Quick Ratio of 1.50 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hiroshima Gas Co and its competitors. This is near median its historical median of 1.52. Over the past decade, Hiroshima Gas Co's Quick Ratio has ranged from 0.95 to 1.99. According to the industry distribution chart, Hiroshima Gas Co ranks #390 out of 1012 companies in the Oil & Gas industry, placing it in the top 38.5%.
Is Hiroshima Gas Co's Quick Ratio too high?
Hiroshima Gas Co's current Quick Ratio of 1.50 is near median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.99. The Oil & Gas industry median Quick Ratio is 1.11. Hiroshima Gas Co's value of 1.50 is 35.1% above this industry median. Based on the distribution chart, Hiroshima Gas Co ranks #390 out of 1012 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 Quick Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Hiroshima Gas Co ranks #390 out of 1012 companies for Quick Ratio. This puts Hiroshima Gas Co in the upper half of its industry. The industry median Quick Ratio is 1.11. Hiroshima Gas Co's value of 1.50 is 35.1% above this benchmark. Historically, Hiroshima Gas Co's own Quick Ratio has ranged from 0.95 to 1.99 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.11, 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,012 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. Hiroshima Gas Co's current Quick Ratio of 1.50 is 35.1% 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 Hiroshima Gas Co and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroshima Gas Co's current Quick Ratio is 1.50, which is near median its own 10-year median of 1.52. 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 Quick Ratio is 1.50, which is near median its 10-year median of 1.52 and 35.1% above the Oil & Gas industry median of 1.11. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Hiroshima Gas Co (TSE:9535), the current Quick Ratio is 1.50 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:

  • Quick Ratio: 1.50 (near median its 10-year median of 1.52)
  • 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: 35.1% above the Oil & Gas median (#390 of 1012)

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

Quick Ratio 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