Tokyo Gas Co Ltd (TKGSY)
11.56
-0.04
(-0.30%)
USD |
OTCM |
Jun 06, 15:19
Tokyo Gas Debt to Equity Ratio: 0.7928 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.7928 |
| December 31, 2023 | 0.7956 |
| September 30, 2023 | 0.7295 |
| June 30, 2023 | 0.7551 |
| March 31, 2023 | 0.7975 |
| December 31, 2022 | 0.8678 |
| September 30, 2022 | 0.881 |
| June 30, 2022 | 0.9093 |
| March 31, 2022 | 0.9368 |
| December 31, 2021 | 0.9498 |
| September 30, 2021 | 0.8838 |
| June 30, 2021 | 0.792 |
| March 31, 2021 | 0.9085 |
| December 31, 2020 | 0.8715 |
| September 30, 2020 | 0.8614 |
| June 30, 2020 | 0.7903 |
| March 31, 2020 | 0.7328 |
| December 31, 2019 | 0.7185 |
| September 30, 2019 | 0.6825 |
| June 30, 2019 | 0.6757 |
| March 31, 2019 | 0.6339 |
| December 31, 2018 | 0.6624 |
| September 30, 2018 | 0.6161 |
| June 30, 2018 | 0.5879 |
| March 31, 2018 | 0.5823 |
| Date | Value |
|---|---|
| December 31, 2017 | 0.5917 |
| September 30, 2017 | 0.5585 |
| June 30, 2017 | 0.5716 |
| March 31, 2017 | 0.592 |
| December 31, 2016 | 0.6343 |
| September 30, 2016 | 0.6135 |
| June 30, 2016 | 0.5983 |
| March 31, 2016 | 0.6043 |
| December 31, 2015 | 0.617 |
| September 30, 2015 | 0.605 |
| June 30, 2015 | 0.6077 |
| March 31, 2015 | 0.6269 |
| December 31, 2014 | 0.6738 |
| September 30, 2014 | 0.6645 |
| June 30, 2014 | 0.6588 |
| March 31, 2014 | 0.6566 |
| December 31, 2013 | 0.6976 |
| September 30, 2013 | 0.6754 |
| June 30, 2013 | 0.688 |
| March 31, 2013 | 0.6397 |
| December 31, 2012 | 0.6749 |
| September 30, 2012 | 0.7221 |
| June 30, 2012 | 0.7207 |
| March 31, 2012 | 0.6907 |
| December 31, 2011 | 0.7263 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.6757
Minimum
Jun 2019
0.9498
Maximum
Dec 2021
0.8166
Average
0.7965
Median
Debt to Equity Ratio Benchmarks
| Electric Power Development Co Ltd | 1.534 |
| Tokyo Electric Power Co Holdings | 1.643 |
| Kansai Electric Power Co Inc | 1.779 |
| eREX Co Ltd | 1.178 |
| Kyushu Electric Power Co Inc | 3.759 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 25.69B |
| Total Liabilities (Quarterly) | 14.24B |
| Shareholders Equity (Quarterly) | 11.20B |
| Current Ratio | 1.946 |
| Net Debt Paydown Yield | 1.67% |