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Nitto KogyoNELEF 94 Cash Ratio is 1.00 as of Mar. 2026, which is 12% below its 10-year median of 1.14. GuruFocus rates NELEF with a GF Score™ of 94/100 and a GF Value™ of $21.76. The stock has 1 warning sign investors should review. Among 3,036 Industrial Products companies, Nitto Kogyo ranks better than 70.72% on this metric.
Nitto Kogyo has a Cash Ratio of 1.00. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Nitto Kogyo's Cash Ratio or its related term are showing as below:
NELEF'
s Cash Ratio Range Over the Past 10 Years
Min: 0.78 Med: 1.14 Max: 1.51
Current: 1
During the past 13 years, Nitto Kogyo's highest Cash Ratio was 1.51. The lowest was 0.78. And the median was 1.14.
NELEF's Cash Ratio is ranked better than 70.72% of 3036
companies
in the Industrial Products industry
Industry Median: 0.52
vs NELEF: 1.00
Nitto Kogyo (OTCPK:NELEF) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Nitto Kogyo Cash Ratio Related Terms
Nitto Kogyo Cash Ratio Historical Data
* Premium members only.
The historical data trend for Nitto Kogyo's Cash 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 Electrical Equipment & Parts subindustry, Nitto Kogyo's Cash Ratio, along with its competitors' market caps and Cash 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.
Nitto Kogyo Cash Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nitto Kogyo's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Nitto Kogyo's Cash Ratio falls into.
* 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.
Nitto Kogyo (NELEF) has a Cash Ratio of 1.00 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nitto Kogyo and its competitors. This is 12% below median its historical median of 1.14. Over the past decade, Nitto Kogyo's Cash Ratio has ranged from 0.78 to 1.51. According to the industry distribution chart, Nitto Kogyo ranks #889 out of 3036 companies in the Industrial Products industry, placing it in the top 29.3%.
Is Nitto Kogyo's Cash Ratio too high?
Nitto Kogyo's current Cash Ratio of 1.00 is 12% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.51. The Industrial Products industry median Cash Ratio is 0.52. Nitto Kogyo's value of 1.00 is 92.3% above this industry median. Based on the distribution chart, Nitto Kogyo ranks #889 out of 3036 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nitto Kogyo has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Nitto Kogyo's Cash Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nitto Kogyo ranks #889 out of 3036 companies for Cash Ratio. This puts Nitto Kogyo in the upper half of its industry. The industry median Cash Ratio is 0.52. Nitto Kogyo's value of 1.00 is 92.3% above this benchmark. Historically, Nitto Kogyo's own Cash Ratio has ranged from 0.78 to 1.51 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.52, Nitto Kogyo 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 Cash Ratio for an Industrial Products company?
The median Cash Ratio among Industrial Products companies is 0.52, based on 3,036 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitto Kogyo's current Cash Ratio of 1.00 is 92.3% 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 Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nitto Kogyo and its competitors. For the Industrial Products industry, the median Cash Ratio is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Kogyo's current Cash Ratio is 1.00, which is 12% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Kogyo stock overvalued right now?
Nitto Kogyo (NELEF) has a current Cash Ratio of 1.00. The stock's GF Value™ is $21.76, compared to a current price of $21.65 — trading 0.5% below its estimated fair value. The current Cash Ratio is 1.00, which is 12% below median its 10-year median of 1.14 and 92.3% above the Industrial Products industry median of 0.52. Nitto Kogyo's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Nitto Kogyo (NELEF), the current Cash Ratio is 1.00 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 Nitto Kogyo (NELEF) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Kogyo stock appears to be undervalued.
The current stock price of $21.65 is trading 0.5% below its estimated GF Value™ of $21.76.
Key valuation signals for NELEF:
Cash Ratio: 1.00 (12% below median its 10-year median of 1.14)
GF Value™: $21.76 vs. price of $21.65 (0.5% below fair value)
Industry Position: 92.3% above the Industrial Products median (#889 of 3036)
No single metric tells the full story. See the NELEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.
94GF Score
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