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Tokyo Steel Manufacturing Co has a Cash Ratio of 1.43. 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 Tokyo Steel Manufacturing Co's Cash Ratio or its related term are showing as below:
TOKSF'
s Cash Ratio Range Over the Past 10 Years
Min: 1 Med: 1.32 Max: 1.84
Current: 1.18
During the past 13 years, Tokyo Steel Manufacturing Co's highest Cash Ratio was 1.84. The lowest was 1.00. And the median was 1.32.
TOKSF's Cash Ratio is ranked better than 81.63% of 615
companies
in the Steel industry
Industry Median: 0.28
vs TOKSF: 1.18
Tokyo Steel Manufacturing Co (OTCPK:TOKSF) 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.
Tokyo Steel Manufacturing Co Cash Ratio Related Terms
Tokyo Steel Manufacturing 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 Steel subindustry, Tokyo Steel Manufacturing 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.
Tokyo Steel Manufacturing Co Cash Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Tokyo Steel Manufacturing 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.
Tokyo Steel Manufacturing Co (TOKSF) has a Cash Ratio of 1.43 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Tokyo Steel Manufacturing Co and its competitors. This is near median its historical median of 1.32. Over the past decade, Tokyo Steel Manufacturing Co's Cash Ratio has ranged from 1.00 to 1.84. According to the industry distribution chart, Tokyo Steel Manufacturing Co ranks #113 out of 615 companies in the Steel industry, placing it in the top 18.4%.
Is Tokyo Steel Manufacturing Co's Cash Ratio too high?
Tokyo Steel Manufacturing Co's current Cash Ratio of 1.43 is near median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 1.84. The Steel industry median Cash Ratio is 0.28. Tokyo Steel Manufacturing Co's value of 1.43 is 410.7% above this industry median. Based on the distribution chart, Tokyo Steel Manufacturing Co ranks #113 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo Steel Manufacturing Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Steel Manufacturing Co's Cash Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tokyo Steel Manufacturing Co ranks #113 out of 615 companies for Cash Ratio. This places Tokyo Steel Manufacturing Co in the top 18% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.28. Tokyo Steel Manufacturing Co's value of 1.43 is 410.7% above this benchmark. Historically, Tokyo Steel Manufacturing Co's own Cash Ratio has ranged from 1.00 to 1.84 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 0.28, Tokyo Steel Manufacturing Co 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 a Steel company?
The median Cash Ratio among Steel companies is 0.28, based on 615 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. Tokyo Steel Manufacturing Co's current Cash Ratio of 1.43 is 410.7% 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 Tokyo Steel Manufacturing Co and its competitors. For the Steel industry, the median Cash Ratio is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Steel Manufacturing Co's current Cash Ratio is 1.43, which is near median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Steel Manufacturing Co stock overvalued right now?
Tokyo Steel Manufacturing Co (TOKSF) has a current Cash Ratio of 1.43. The stock's GF Value™ is $7.24, compared to a current price of $9.11 — trading 25.8% above its estimated fair value. The current Cash Ratio is 1.43, which is near median its 10-year median of 1.32 and 410.7% above the Steel industry median of 0.28. Tokyo Steel Manufacturing Co's overall GF Score™ is 83/100 with 11 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 Tokyo Steel Manufacturing Co (TOKSF), the current Cash Ratio is 1.43 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 Tokyo Steel Manufacturing Co (TOKSF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co stock appears to be overvalued.
The current stock price of $9.11 is trading 25.8% above its estimated GF Value™ of $7.24.
Key valuation signals for TOKSF:
Cash Ratio: 1.43 (near median its 10-year median of 1.32)
GF Value™: $7.24 vs. price of $9.11 (25.8% above fair value)
Industry Position: 410.7% above the Steel median (#113 of 615)
No single metric tells the full story. See the TOKSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Steel Manufacturing Co Ltd is a Japan-based company engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in a broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates the majority of its revenue from the Japanese domestic market.
83GF Score
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