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Aso InternationalTSE:9340 -2.11%65 Cash Ratio is 4.98 as of Mar. 2026, which is 0% below its 10-year median of 5.00. GuruFocus rates TSE:9340 with a GF Score™ of 65/100 and a GF Value™ of 円672.41 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 833 Medical Devices & Instruments companies, Aso International ranks better than 83.67% on this metric.
Aso International has a Cash Ratio of 4.98. 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 Aso International's Cash Ratio or its related term are showing as below:
TSE:9340'
s Cash Ratio Range Over the Past 10 Years
Min: 2.05 Med: 5 Max: 6.1
Current: 4
During the past 6 years, Aso International's highest Cash Ratio was 6.10. The lowest was 2.05. And the median was 5.00.
TSE:9340's Cash Ratio is ranked better than 83.67% of 833
companies
in the Medical Devices & Instruments industry
Industry Median: 0.95
vs TSE:9340: 4.00
Aso International (TSE:9340) 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.
Aso International Cash Ratio Related Terms
Aso International Cash Ratio Historical Data
* Premium members only.
The historical data trend for Aso International'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.
For the Medical Instruments & Supplies subindustry, Aso International'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.
Aso International Cash Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Aso International's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Aso International'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.
Aso International (TSE:9340) has a Cash Ratio of 4.98 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Aso International and its competitors. This is near median its historical median of 5.00. Over the past decade, Aso International's Cash Ratio has ranged from 2.05 to 6.10. According to the industry distribution chart, Aso International ranks #136 out of 833 companies in the Medical Devices & Instruments industry, placing it in the top 16.3%.
Is Aso International's Cash Ratio too high?
Aso International's current Cash Ratio of 4.98 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 6.10. The Medical Devices & Instruments industry median Cash Ratio is 0.95. Aso International's value of 4.98 is 424.2% above this industry median. Based on the distribution chart, Aso International ranks #136 out of 833 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Aso International has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aso International's Cash Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Aso International ranks #136 out of 833 companies for Cash Ratio. This places Aso International in the top 16% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.95. Aso International's value of 4.98 is 424.2% above this benchmark. Historically, Aso International's own Cash Ratio has ranged from 2.05 to 6.10 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 0.95, Aso International 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 Medical Devices & Instruments company?
The median Cash Ratio among Medical Devices & Instruments companies is 0.95, based on 833 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. Aso International's current Cash Ratio of 4.98 is 424.2% 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 Aso International and its competitors. For the Medical Devices & Instruments industry, the median Cash Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aso International's current Cash Ratio is 4.98, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aso International stock overvalued right now?
Based on GuruFocus' analysis, Aso International (TSE:9340) is currently considered Modestly Overvalued. The stock's GF Value™ is 円672.41, compared to a current price of 円789.00 — trading 17.3% above its estimated fair value. The current Cash Ratio is 4.98, which is near median its 10-year median of 5.00 and 424.2% above the Medical Devices & Instruments industry median of 0.95. Aso International's overall GF Score™ is 65/100 with 2 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 Aso International (TSE:9340), the current Cash Ratio is 4.98 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 Aso International (TSE:9340) Overvalued in 2026?
Based on GuruFocus' analysis, Aso International stock appears to be overvalued.
The current stock price of 円789.00 is trading 17.3% above its estimated GF Value™ of 円672.41.
GuruFocus considers Aso International to be Modestly Overvalued.
Key valuation signals for TSE:9340:
Cash Ratio: 4.98 (near median its 10-year median of 5.00)
GF Value™: 円672.41 vs. price of 円789.00 (17.3% above fair value)
Industry Position: 424.2% above the Medical Devices & Instruments median (#136 of 833)
No single metric tells the full story. See the TSE:9340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aso International Inc is engaged in the manufacturing and sale of orthodontic appliances. The company mainly manufactures and supplies custom-made orthodontic dental prostheses to dental medical institutions. Its product portfolio comprises Aso Liner, Specter 4D Print Retainer, 3D printers for dental prostheses, Harmony, a lingual orthodontic system, and various types of retainers, among others. The group operates in a single segment, the orthodontic business.
65GF Score
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