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Nissei ASB Machine CoTSE:6284 -4.96%90 Cash Ratio is 2.27 as of Mar. 2026, which is 51% above its 10-year median of 1.50. GuruFocus rates TSE:6284 with a GF Score™ of 90/100 and a GF Value™ of 円7,029.62 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,031 Industrial Products companies, Nissei ASB Machine Co ranks better than 88.09% on this metric.
Nissei ASB Machine Co has a Cash Ratio of 2.27. 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 Nissei ASB Machine Co's Cash Ratio or its related term are showing as below:
TSE:6284'
s Cash Ratio Range Over the Past 10 Years
Min: 0.7 Med: 1.5 Max: 2.52
Current: 2.3
During the past 13 years, Nissei ASB Machine Co's highest Cash Ratio was 2.52. The lowest was 0.70. And the median was 1.50.
TSE:6284's Cash Ratio is ranked better than 88.09% of 3031
companies
in the Industrial Products industry
Industry Median: 0.51
vs TSE:6284: 2.30
Nissei ASB Machine Co (TSE:6284) 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.
* 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 ASB Machine 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 ASB Machine Co Cash Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nissei ASB Machine Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Nissei ASB Machine 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 ASB Machine Co (TSE:6284) has a Cash Ratio of 2.27 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nissei ASB Machine Co and its competitors. This is 51% above median its historical median of 1.50. Over the past decade, Nissei ASB Machine Co's Cash Ratio has ranged from 0.70 to 2.52. According to the industry distribution chart, Nissei ASB Machine Co ranks #361 out of 3031 companies in the Industrial Products industry, placing it in the top 11.9%.
Is Nissei ASB Machine Co's Cash Ratio too high?
Nissei ASB Machine Co's current Cash Ratio of 2.27 is 51% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.52. The Industrial Products industry median Cash Ratio is 0.51. Nissei ASB Machine Co's value of 2.27 is 345.1% above this industry median. Based on the distribution chart, Nissei ASB Machine Co ranks #361 out of 3031 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nissei ASB Machine Co has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nissei ASB Machine Co's Cash Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nissei ASB Machine Co ranks #361 out of 3031 companies for Cash Ratio. This places Nissei ASB Machine Co in the top 12% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.51. Nissei ASB Machine Co's value of 2.27 is 345.1% above this benchmark. Historically, Nissei ASB Machine Co's own Cash Ratio has ranged from 0.70 to 2.52 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 0.51, Nissei ASB Machine 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 an Industrial Products company?
The median Cash Ratio among Industrial Products companies is 0.51, based on 3,031 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 ASB Machine Co's current Cash Ratio of 2.27 is 345.1% 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 Nissei ASB Machine 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 ASB Machine Co's current Cash Ratio is 2.27, which is 51% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissei ASB Machine Co stock overvalued right now?
Based on GuruFocus' analysis, Nissei ASB Machine Co (TSE:6284) is currently considered Modestly Overvalued. The stock's GF Value™ is 円7,029.62, compared to a current price of 円8,630.00 — trading 22.8% above its estimated fair value. The current Cash Ratio is 2.27, which is 51% above median its 10-year median of 1.50 and 345.1% above the Industrial Products industry median of 0.51. Nissei ASB Machine Co's overall GF Score™ is 90/100 with 5 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 ASB Machine Co (TSE:6284), the current Cash Ratio is 2.27 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 Nissei ASB Machine Co (TSE:6284) Overvalued in 2026?
Based on GuruFocus' analysis, Nissei ASB Machine Co stock appears to be overvalued.
The current stock price of 円8,630.00 is trading 22.8% above its estimated GF Value™ of 円7,029.62.
GuruFocus considers Nissei ASB Machine Co to be Modestly Overvalued.
Key valuation signals for TSE:6284:
Cash Ratio: 2.27 (51% above median its 10-year median of 1.50)
GF Value™: 円7,029.62 vs. price of 円8,630.00 (22.8% above fair value)
Industry Position: 345.1% above the Industrial Products median (#361 of 3031)
No single metric tells the full story. See the TSE:6284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissei ASB Machine Co Ltd manufactures and sells stretch blow molding machines for PET and other plastic bottles. Its products include one-step stretch blow molding, perform molding, and heat-resistant blow molding machines, among others.
90GF Score
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