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Japan Resistor Mfg CoTSE:6977 -0.71%42 Cash Ratio is 0.58 as of Jun. 2026, which is 5% below its 10-year median of 0.61. GuruFocus rates TSE:6977 with a GF Score™ of 42/100 and a GF Value™ of 円630.21 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,476 Hardware companies, Japan Resistor Mfg Co ranks better than 50.93% on this metric.
Japan Resistor Mfg Co has a Cash Ratio of 0.58. 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 Japan Resistor Mfg Co's Cash Ratio or its related term are showing as below:
TSE:6977'
s Cash Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.61 Max: 0.88
Current: 0.58
During the past 13 years, Japan Resistor Mfg Co's highest Cash Ratio was 0.88. The lowest was 0.35. And the median was 0.61.
TSE:6977's Cash Ratio is ranked better than 50.93% of 2476
companies
in the Hardware industry
Industry Median: 0.57
vs TSE:6977: 0.58
Japan Resistor Mfg Co (TSE:6977) 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 Electronic Components subindustry, Japan Resistor Mfg 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.
Japan Resistor Mfg Co Cash Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Japan Resistor Mfg Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Japan Resistor Mfg 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.
Japan Resistor Mfg Co (TSE:6977) has a Cash Ratio of 0.58 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Japan Resistor Mfg Co and its competitors. This is near median its historical median of 0.61. Over the past decade, Japan Resistor Mfg Co's Cash Ratio has ranged from 0.35 to 0.88. According to the industry distribution chart, Japan Resistor Mfg Co ranks #1215 out of 2476 companies in the Hardware industry, placing it in the top 49.1%.
Is Japan Resistor Mfg Co's Cash Ratio too high?
Japan Resistor Mfg Co's current Cash Ratio of 0.58 is near median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.88. The Hardware industry median Cash Ratio is 0.57. Japan Resistor Mfg Co's value of 0.58 is 1.8% above this industry median. Based on the distribution chart, Japan Resistor Mfg Co ranks #1215 out of 2476 companies in the Hardware industry, which is above the industry midpoint. Overall, Japan Resistor Mfg Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Resistor Mfg Co's Cash Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Japan Resistor Mfg Co ranks #1215 out of 2476 companies for Cash Ratio. This puts Japan Resistor Mfg Co in the upper half of its industry. The industry median Cash Ratio is 0.57. Japan Resistor Mfg Co's value of 0.58 is 1.8% above this benchmark. Historically, Japan Resistor Mfg Co's own Cash Ratio has ranged from 0.35 to 0.88 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.57, Japan Resistor Mfg 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 2,476 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. Japan Resistor Mfg Co's current Cash Ratio of 0.58 is 1.8% 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 Japan Resistor Mfg 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. Japan Resistor Mfg Co's current Cash Ratio is 0.58, which is near median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Resistor Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Resistor Mfg Co (TSE:6977) is currently considered Significantly Overvalued. The stock's GF Value™ is 円630.21, compared to a current price of 円1,390.00 — trading 120.6% above its estimated fair value. The current Cash Ratio is 0.58, which is near median its 10-year median of 0.61 and 1.8% above the Hardware industry median of 0.57. Japan Resistor Mfg Co's overall GF Score™ is 42/100 with 4 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 Japan Resistor Mfg Co (TSE:6977), the current Cash Ratio is 0.58 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 Japan Resistor Mfg Co (TSE:6977) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Resistor Mfg Co stock appears to be overvalued.
The current stock price of 円1,390.00 is trading 120.6% above its estimated GF Value™ of 円630.21.
GuruFocus considers Japan Resistor Mfg Co to be Significantly Overvalued.
Key valuation signals for TSE:6977:
Cash Ratio: 0.58 (near median its 10-year median of 0.61)
GF Value™: 円630.21 vs. price of 円1,390.00 (120.6% above fair value)
Industry Position: 1.8% above the Hardware median (#1215 of 2476)
No single metric tells the full story. See the TSE:6977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Resistor Mfg Co Ltd is engaged in the manufacture and sale of electronic components (main product groups include resistors, potentiometers, hybrid ICs, and electronic devices). Its product offering comprises fixed and variable resistors, heaters, sensors/potentiometers, hybrid ICs, circuit boards, and units. The company supplies its products to various industries and fields.
42GF Score
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