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Nissei Plastic Industrial Co has a Cash Ratio of 0.23. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Nissei Plastic Industrial Co's Cash Ratio or its related term are showing as below:
NGO:6293'
s Cash Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.53 Max: 0.77
Current: 0.23
During the past 13 years, Nissei Plastic Industrial Co's highest Cash Ratio was 0.77. The lowest was 0.22. And the median was 0.53.
NGO:6293's Cash Ratio is not ranked
in the Industrial Products industry.
Industry Median: 0.51
vs NGO:6293: 0.23
Nissei Plastic Industrial Co (NGO:6293) 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.
Nissei Plastic Industrial Co Cash Ratio Related Terms
Nissei Plastic Industrial Co Cash Ratio Historical Data
* 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 Specialty Industrial Machinery subindustry, Nissei Plastic Industrial Co'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.
Nissei Plastic Industrial Co Cash Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nissei Plastic Industrial Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Nissei Plastic Industrial Co'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.
Nissei Plastic Industrial Co (NGO:6293) has a Cash Ratio of 0.23 as of Sep. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nissei Plastic Industrial Co and its competitors. This is 57% below median its historical median of 0.53. Over the past decade, Nissei Plastic Industrial Co's Cash Ratio has ranged from 0.22 to 0.77.
Is Nissei Plastic Industrial Co's Cash Ratio too high?
Nissei Plastic Industrial Co's current Cash Ratio of 0.23 is 57% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.77. The Industrial Products industry median Cash Ratio is 0.51. Nissei Plastic Industrial Co's value of 0.23 is 54.9% below this industry median. Overall, Nissei Plastic Industrial Co has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Nissei Plastic Industrial Co's Cash Ratio compare to GEV and ETN?
Nissei Plastic Industrial Co's Cash Ratio of 0.23 can be compared against companies in the Industrial Products industry. The industry median Cash Ratio is 0.51. Nissei Plastic Industrial Co's value of 0.23 is 54.9% below this benchmark. Historically, Nissei Plastic Industrial Co's own Cash Ratio has ranged from 0.22 to 0.77 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.51, Nissei Plastic Industrial Co has consistently been below 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 0.51, based on 2,975 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. Nissei Plastic Industrial Co's current Cash Ratio of 0.23 is 54.9% below 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 Nissei Plastic Industrial Co and its competitors. For the Industrial Products industry, the median Cash Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissei Plastic Industrial Co's current Cash Ratio is 0.23, which is 57% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissei Plastic Industrial Co stock overvalued right now?
Nissei Plastic Industrial Co (NGO:6293) has a current Cash Ratio of 0.23. The stock's GF Value™ is 円1,131.05, compared to a current price of 円1,047.00 — trading 7.4% below its estimated fair value. The current Cash Ratio is 0.23, which is 57% below median its 10-year median of 0.53 and 54.9% below the Industrial Products industry median of 0.51. Nissei Plastic Industrial Co's overall GF Score™ is 62/100 with 8 warning signs 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 Nissei Plastic Industrial Co (NGO:6293), the current Cash Ratio is 0.23 as of Sep. 2025. 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 Nissei Plastic Industrial Co (NGO:6293) Overvalued in 2026?
Based on GuruFocus' analysis, Nissei Plastic Industrial Co stock appears to be undervalued.
The current stock price of 円1,047.00 is trading 7.4% below its estimated GF Value™ of 円1,131.05.
Key valuation signals for NGO:6293:
Cash Ratio: 0.23 (57% below median its 10-year median of 0.53)
GF Value™: 円1,131.05 vs. price of 円1,047.00 (7.4% below fair value)
Industry Position: 54.9% below the Industrial Products median
No single metric tells the full story. See the NGO:6293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissei Plastic Industrial Co Ltd is an injection molding machine manufacturer. Its products made by injection molding machines are used to provide food, medical care, and a variety of other goods to consumers around the world. The company's products include Horizontal Injection Molding Machine, Vertical Injection Molding Machine, Special Injection Molding Machine, and Quality & Production Control System.
62GF Score
Get the complete analysis for NGO:6293
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