Toho Gas Balance Sheet Health
Financial Health criteria checks 5/6
Toho Gas has a total shareholder equity of ¥456.7B and total debt of ¥154.1B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are ¥760.8B and ¥304.1B respectively. Toho Gas's EBIT is ¥35.6B making its interest coverage ratio -10.2. It has cash and short-term investments of ¥50.3B.
Key information
33.73%
Debt to equity ratio
JP¥154.08b
Debt
| Interest coverage ratio | -10.2x |
| Cash | JP¥50.33b |
| Equity | JP¥456.74b |
| Total liabilities | JP¥304.08b |
| Total assets | JP¥760.82b |
Recent financial health updates
Toho Gas (TSE:9533) Seems To Use Debt Quite Sensibly
Jul 17
Is Toho Gas (TSE:9533) A Risky Investment?
Dec 06Is Toho Gas (TSE:9533) A Risky Investment?
Apr 10Recent updates
Toho Gas Co., Ltd.'s (TSE:9533) Business Is Yet to Catch Up With Its Share Price
Aug 25Toho Gas (TSE:9533) Seems To Use Debt Quite Sensibly
Jul 17The Returns At Toho Gas (TSE:9533) Aren't Growing
May 24We Think That There Are More Issues For Toho Gas (TSE:9533) Than Just Sluggish Earnings
May 07A Look At The Intrinsic Value Of Toho Gas Co., Ltd. (TSE:9533)
Feb 19Toho Gas Co., Ltd.'s (TSE:9533) Share Price Not Quite Adding Up
Jan 26Be Wary Of Toho Gas (TSE:9533) And Its Returns On Capital
Jan 09Is Toho Gas (TSE:9533) A Risky Investment?
Dec 06Estimating The Intrinsic Value Of Toho Gas Co., Ltd. (TSE:9533)
Nov 16Toho Gas Co., Ltd.'s (TSE:9533) Business Is Yet to Catch Up With Its Share Price
Oct 11Toho Gas (TSE:9533) Could Be Struggling To Allocate Capital
Sep 11Toho Gas' (TSE:9533) Dividend Will Be ¥40.00
Aug 08Toho Gas' (TSE:9533) Dividend Will Be ¥40.00
Jul 25Toho Gas (TSE:9533) Has Announced A Dividend Of ¥40.00
Jul 11Toho Gas Co., Ltd.'s (TSE:9533) Popularity With Investors Is Under Threat From Overpricing
Jun 28Investors Will Want Toho Gas' (TSE:9533) Growth In ROCE To Persist
May 21Is Toho Gas (TSE:9533) A Risky Investment?
Apr 10Toho Gas Co., Ltd.'s (TSE:9533) Shares Lagging The Market But So Is The Business
Feb 29Financial Position Analysis
Short Term Liabilities: 9533's short term assets (¥176.2B) exceed its short term liabilities (¥114.6B).
Long Term Liabilities: 9533's short term assets (¥176.2B) do not cover its long term liabilities (¥189.5B).
Debt to Equity History and Analysis
Debt Level: 9533's net debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: 9533's debt to equity ratio has reduced from 37.1% to 33.7% over the past 5 years.
Debt Coverage: 9533's debt is well covered by operating cash flow (54.1%).
Interest Coverage: 9533 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/21 12:36 |
| End of Day Share Price | 2025/11/21 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Toho Gas Co., Ltd. is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Takahiro Mori | BofA Global Research |
| Takashi Miyazaki | Citigroup Inc |
| Syusaku Nishikawa | Daiwa Securities Co. Ltd. |