Nippon Gas Co., Ltd.

Tokyo Stock Exchange 8174.T

Nippon Gas Co., Ltd. Debt to Equity Ratio for the year ending March 31, 2024: 0.65

Nippon Gas Co., Ltd. Debt to Equity Ratio is 0.65 for the year ending March 31, 2024, a 17.57% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Nippon Gas Co., Ltd. Debt to Equity Ratio for the year ending March 31, 2023 was 0.55, a -13.63% change year over year.
  • Nippon Gas Co., Ltd. Debt to Equity Ratio for the year ending March 31, 2022 was 0.64, a 6.74% change year over year.
  • Nippon Gas Co., Ltd. Debt to Equity Ratio for the year ending March 31, 2021 was 0.60, a 18.22% change year over year.
  • Nippon Gas Co., Ltd. Debt to Equity Ratio for the year ending March 31, 2020 was 0.51, a -26.00% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
Tokyo Stock Exchange: 8174.T

Nippon Gas Co., Ltd.

CEO Mr. Kunihiko Kashiwaya
IPO Date Jan. 1, 2001
Location Japan
Headquarters 4-31-8 Yoyogi
Employees 1,716
Sector Utilities
Industries
Description

Nippon Gas Co., Ltd. engages in the supply and sale of LP gas and natural gas in Japan. It operates through LP Gas Business, Electricity Business, and City Gas Business segments. The company supplies LP gas through pipelines to homes built for sale, company dormitories, apartment buildings, other residential apartment complexes, as well as for commercial, industrial, agricultural, and automotive use; and high-pressure gas for commercial and industrial use. It also sells glass-top stoves, built-in stoves, gas oven ranges, gas rice cookers, dishwashers; gas water heaters, instant water heaters, floor heating products, bathroom heater/ventilation/dryer combo systems, and mist saunas; and commercial and industrial gas appliances. In addition, the company sells air-conditioning equipment, including gas and absorption heat pumps, cogeneration systems, and gas infrared heaters; remodeling-related equipment; and household equipment, as well as offers accident insurance agency services. Further, it engages in residential remodeling and consulting business; and the construction of gas, water supply, drainage, and air conditioning/heating equipment. Additionally, the company is involved in the electric power and gas business. Nippon Gas Co., Ltd. was founded in 1955 and is based in Tokyo, Japan.

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StockViz Staff

January 31, 2025

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