Daikoku Denki Co (TSE:6430) Cash Ratio: 2.94 (As of Jun. 2026) — 123% Above Median

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TSE:6430 Daikoku Denki Co Ltd TSE:6430
64 GF Score
Price 円2,468.00
GF Value 円3,495.53
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Daikoku Denki Co Cash Ratio?

Daikoku Denki Co TSE:6430 -1.32% 64 Cash Ratio is 2.94 as of Jun. 2026, which is 123% above its 10-year median of 1.32. GuruFocus rates TSE:6430 with a GF Score™ of 64/100 and a GF Value™ of 円3,495.53 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,474 Hardware companies, Daikoku Denki Co ranks better than 88.56% 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. Daikoku Denki Co's Cash Ratio for the quarter that ended in Jun. 2026 was 2.94.

Daikoku Denki Co has a Cash Ratio of 2.94. 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 Daikoku Denki Co's Cash Ratio or its related term are showing as below:

TSE:6430' s Cash Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.32   Max: 2.94
Current: 2.94

During the past 13 years, Daikoku Denki Co's highest Cash Ratio was 2.94. The lowest was 0.85. And the median was 1.32.

TSE:6430's Cash Ratio is ranked better than
88.56% of 2474 companies
in the Hardware industry
Industry Median: 0.57 vs TSE:6430: 2.94

Daikoku Denki Co  (TSE:6430) 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.


Daikoku Denki Co Cash Ratio Related Terms


Daikoku Denki Co Cash Ratio Historical Data

* Premium members only.

The historical data trend for Daikoku Denki 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.

Daikoku Denki Co Cash Ratio Chart

Daikoku Denki 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 1.76 1.25 1.16 1.55 2.33

Daikoku Denki 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 1.75 1.83 1.69 2.33 2.94

TSE:6430 vs DELL, ANET, SNDK: Cash Ratio Comparison

For the Computer Hardware subindustry, Daikoku Denki 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.


Daikoku Denki Co Cash Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Daikoku Denki Co's Cash Ratio distribution charts can be found below:

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


TSE:6430
64GF Score
Daikoku Denki Co Ltd TSE:6430
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Daikoku Denki 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.

Daikoku Denki 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
=19589.756/8424.28
=2.33

Daikoku Denki 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
=19443.148/6613.559
=2.94

* 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 2.94 mean?
Daikoku Denki Co (TSE:6430) has a Cash Ratio of 2.94 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Daikoku Denki Co and its competitors. This is 123% above median its historical median of 1.32. Over the past decade, Daikoku Denki Co's Cash Ratio has ranged from 0.85 to 2.94. According to the industry distribution chart, Daikoku Denki Co ranks #283 out of 2474 companies in the Hardware industry, placing it in the top 11.4%.
Is Daikoku Denki Co's Cash Ratio too high?
Daikoku Denki Co's current Cash Ratio of 2.94 is 123% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 2.94. The Hardware industry median Cash Ratio is 0.57. Daikoku Denki Co's value of 2.94 is 415.8% above this industry median. Based on the distribution chart, Daikoku Denki Co ranks #283 out of 2474 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Daikoku Denki Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daikoku Denki Co's Cash Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Daikoku Denki Co ranks #283 out of 2474 companies for Cash Ratio. This places Daikoku Denki Co in the top 11% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.57. Daikoku Denki Co's value of 2.94 is 415.8% above this benchmark. Historically, Daikoku Denki Co's own Cash Ratio has ranged from 0.85 to 2.94 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 0.57, Daikoku Denki 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 Hardware company?
The median Cash Ratio among Hardware companies is 0.57, based on 2,474 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. Daikoku Denki Co's current Cash Ratio of 2.94 is 415.8% 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 Daikoku Denki Co and its competitors. For the Hardware industry, the median Cash Ratio is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daikoku Denki Co's current Cash Ratio is 2.94, which is 123% above 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 Daikoku Denki Co stock overvalued right now?
Based on GuruFocus' analysis, Daikoku Denki Co (TSE:6430) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,495.53, compared to a current price of 円2,468.00 — trading 29.4% below its estimated fair value. The current Cash Ratio is 2.94, which is 123% above median its 10-year median of 1.32 and 415.8% above the Hardware industry median of 0.57. Daikoku Denki Co's overall GF Score™ is 64/100 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 Daikoku Denki Co (TSE:6430), the current Cash Ratio is 2.94 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 Daikoku Denki Co (TSE:6430) Overvalued in 2026?

Based on GuruFocus' analysis, Daikoku Denki Co stock appears to be undervalued. The current stock price of 円2,468.00 is trading 29.4% below its estimated GF Value™ of 円3,495.53. GuruFocus considers Daikoku Denki Co to be Modestly Undervalued.

Key valuation signals for TSE:6430:

  • Cash Ratio: 2.94 (123% above median its 10-year median of 1.32)
  • GF Value™: 円3,495.53 vs. price of 円2,468.00 (29.4% below fair value)
  • GF Score™: 64/100 with 1 warning sign
  • Industry Position: 415.8% above the Hardware median (#283 of 2474)

No single metric tells the full story. See the TSE:6430 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daikoku Denki Co Business Description

Address Nagoyano 1-43-5, Nakamura-ku, Nagoya, JPN, 450-8640
Daikoku Denki Co Ltd engages in the development, manufacture, and sale of computer systems for pachinko parlors, and the manufacture and sale of pachinko and pachislot gaming machines. The group's reportable segments are Information Systems Business and Amusement Business. The majority of its revenue is generated from the Information Systems Business, which is mainly involved in the development of computer systems for pachinko parlors, prize customer management systems, and information disclosure systems. The Amusement Business engages in the development, manufacture, and sale of display units and control units for pachinko gaming machines, as well as the sale of pachinko slot machines. In addition, it also offers parts used in gaming machines.
64GF Score

Get the complete analysis for TSE:6430

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

円2,468.00
Price
円3,495.53
GF Value