Kodensha Co (TSE:1948) Cash Ratio: 0.08 (As of Jun. 2026) — 43% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:1948 Kodensha Co Ltd TSE:1948
60 GF Score
Price 円11,430.00
GF Value 円2,079.38
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Kodensha Co Cash Ratio?

Kodensha Co TSE:1948 +0.09% 60 Cash Ratio is 0.08 as of Jun. 2026, which is 43% below its 10-year median of 0.14. GuruFocus rates TSE:1948 with a GF Score™ of 60/100 and a GF Value™ of 円2,079.38 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,760 Construction companies, Kodensha Co ranks worse than 82.84% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Kodensha Co's Cash Ratio for the quarter that ended in Jun. 2026 was 0.08.

Kodensha Co has a Cash Ratio of 0.08. 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 Kodensha Co's Cash Ratio or its related term are showing as below:

TSE:1948' s Cash Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.14   Max: 0.2
Current: 0.08

During the past 13 years, Kodensha Co's highest Cash Ratio was 0.20. The lowest was 0.07. And the median was 0.14.

TSE:1948's Cash Ratio is ranked worse than
82.84% of 1760 companies
in the Construction industry
Industry Median: 0.33 vs TSE:1948: 0.08

Kodensha Co  (TSE:1948) 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.


Kodensha Co Cash Ratio Related Terms


Kodensha Co Cash Ratio Historical Data

* Premium members only.

The historical data trend for Kodensha Co'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.

Kodensha Co Cash Ratio Chart

Kodensha Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.13 0.13 0.08 0.07

Kodensha Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.06 0.08 0.07 0.08

TSE:1948 vs PWR, FIX, EME: Cash Ratio Comparison

For the Engineering & Construction subindustry, Kodensha 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.


Kodensha Co Cash Ratio vs Construction Industry

For the Construction industry and Industrials sector, Kodensha Co's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Kodensha Co's Cash Ratio falls into.


TSE:1948
60GF Score
Kodensha Co Ltd TSE:1948
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kodensha Co Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Kodensha Co's Cash Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Cash Ratio (A: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=901/12687
=0.07

Kodensha Co's Cash Ratio for the quarter that ended in Jun. 2026 is calculated as:

Cash Ratio (Q: Jun. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=845/10625
=0.08

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.08 mean?
Kodensha Co (TSE:1948) has a Cash Ratio of 0.08 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Kodensha Co and its competitors. This is 43% below median its historical median of 0.14. Over the past decade, Kodensha Co's Cash Ratio has ranged from 0.07 to 0.20. According to the industry distribution chart, Kodensha Co ranks #1458 out of 1760 companies in the Construction industry, placing it in the top 82.8%.
Is Kodensha Co's Cash Ratio too high?
Kodensha Co's current Cash Ratio of 0.08 is 43% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.20. The Construction industry median Cash Ratio is 0.33. Kodensha Co's value of 0.08 is 75.8% below this industry median. Based on the distribution chart, Kodensha Co ranks #1458 out of 1760 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Kodensha Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kodensha Co's Cash Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Kodensha Co ranks #1458 out of 1760 companies for Cash Ratio. This places Kodensha Co in the lower half of its industry. The industry median Cash Ratio is 0.33. Kodensha Co's value of 0.08 is 75.8% below this benchmark. Historically, Kodensha Co's own Cash Ratio has ranged from 0.07 to 0.20 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.33, Kodensha 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 a Construction company?
The median Cash Ratio among Construction companies is 0.33, based on 1,760 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. Kodensha Co's current Cash Ratio of 0.08 is 75.8% 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 Kodensha Co and its competitors. For the Construction industry, the median Cash Ratio is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kodensha Co's current Cash Ratio is 0.08, which is 43% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kodensha Co stock overvalued right now?
Based on GuruFocus' analysis, Kodensha Co (TSE:1948) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,079.38, compared to a current price of 円11,430.00 — trading 449.7% above its estimated fair value. The current Cash Ratio is 0.08, which is 43% below median its 10-year median of 0.14 and 75.8% below the Construction industry median of 0.33. Kodensha Co's overall GF Score™ is 60/100 with 3 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 Kodensha Co (TSE:1948), the current Cash Ratio is 0.08 as of Jun. 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 Kodensha Co (TSE:1948) Overvalued in 2026?

Based on GuruFocus' analysis, Kodensha Co stock appears to be overvalued. The current stock price of 円11,430.00 is trading 449.7% above its estimated GF Value™ of 円2,079.38. GuruFocus considers Kodensha Co to be Significantly Overvalued.

Key valuation signals for TSE:1948:

  • Cash Ratio: 0.08 (43% below median its 10-year median of 0.14)
  • GF Value™: 円2,079.38 vs. price of 円11,430.00 (449.7% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 75.8% below the Construction median (#1458 of 1760)

No single metric tells the full story. See the TSE:1948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kodensha Co Business Description

Address 5-11-10 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Kodensha Co Ltd is a specialized company of electrical equipment construction. It has diversified its operations into the following segments. The "Electrical Equipment Construction Business" carries out indoor wiring construction, power transmission line construction, power generation and transformation construction, communication construction, and air conditioning construction. The "Product Sales Business" sells electronic control and measurement machinery and equipment, substation equipment and equipment, machine tools and equipment, information and communication machinery and equipment, refrigeration and air conditioning machinery and equipment, elevators and monitoring, and control equipment.
60GF Score

Get the complete analysis for TSE:1948

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円11,430.00
Price
円2,079.38
GF Value