CUGKF (Chugoku Marine Paints) Current Ratio: 2.71 (As of Mar. 2026) — 29% Above Median

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CUGKF Chugoku Marine Paints Ltd CUGKF
83 GF Score
Price $28.53
GF Value $20.08
! 1 Warning Sign
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What is Chugoku Marine Paints Current Ratio?

Chugoku Marine Paints CUGKF 83 Current Ratio is 2.71 as of Mar. 2026, which is 29% above its 10-year median of 2.10. GuruFocus rates CUGKF with a GF Score™ of 83/100 and a GF Value™ of $20.08. The stock has 1 warning sign investors should review. Among 1,606 Chemicals companies, Chugoku Marine Paints ranks better than 68.99% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Chugoku Marine Paints's current ratio for the quarter that ended in Mar. 2026 was 2.71.

Chugoku Marine Paints has a current ratio of 2.71. It generally indicates good short-term financial strength.

The historical rank and industry rank for Chugoku Marine Paints's Current Ratio or its related term are showing as below:

CUGKF' s Current Ratio Range Over the Past 10 Years
Min: 1.92   Med: 2.1   Max: 2.71
Current: 2.71

During the past 13 years, Chugoku Marine Paints's highest Current Ratio was 2.71. The lowest was 1.92. And the median was 2.10.

CUGKF's Current Ratio is ranked better than
68.99% of 1606 companies
in the Chemicals industry
Industry Median: 1.89 vs CUGKF: 2.71

Chugoku Marine Paints  (OTCPK:CUGKF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Chugoku Marine Paints Current Ratio Related Terms


Chugoku Marine Paints Current Ratio Historical Data

* Premium members only.

The historical data trend for Chugoku Marine Paints's Current 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.

Chugoku Marine Paints Current Ratio Chart

Chugoku Marine Paints Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 1.92 2.05 2.34 2.71

Chugoku Marine Paints Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current 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 2.34 2.38 2.49 2.42 2.71

CUGKF vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, Chugoku Marine Paints's Current Ratio, along with its competitors' market caps and Current 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.


Chugoku Marine Paints Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chugoku Marine Paints's Current Ratio distribution charts can be found below:

* The bar in red indicates where Chugoku Marine Paints's Current Ratio falls into.


CUGKF
83GF Score
Chugoku Marine Paints Ltd CUGKF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chugoku Marine Paints Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Chugoku Marine Paints's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=741.833/273.974
=2.71

Chugoku Marine Paints's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=741.833/273.974
=2.71

* 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 Current Ratio →
What does a Current Ratio of 2.71 mean?
Chugoku Marine Paints (CUGKF) has a Current Ratio of 2.71 as of Mar. 2026. This is 29% above median its historical median of 2.10. Over the past decade, Chugoku Marine Paints' Current Ratio has ranged from 1.92 to 2.71. According to the industry distribution chart, Chugoku Marine Paints ranks #498 out of 1606 companies in the Chemicals industry, placing it in the top 31%.
Is Chugoku Marine Paints' Current Ratio too high?
Chugoku Marine Paints' current Current Ratio of 2.71 is 29% above median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 2.71. The Chemicals industry median Current Ratio is 1.89. Chugoku Marine Paints' value of 2.71 is 43.4% above this industry median. Based on the distribution chart, Chugoku Marine Paints ranks #498 out of 1606 companies in the Chemicals industry, which is above the industry midpoint. Overall, Chugoku Marine Paints has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Chugoku Marine Paints' Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chugoku Marine Paints ranks #498 out of 1606 companies for Current Ratio. This puts Chugoku Marine Paints in the upper half of its industry. The industry median Current Ratio is 1.89. Chugoku Marine Paints' value of 2.71 is 43.4% above this benchmark. Historically, Chugoku Marine Paints' own Current Ratio has ranged from 1.92 to 2.71 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 1.89, Chugoku Marine Paints 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 Current Ratio for a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,606 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chugoku Marine Paints's current Current Ratio of 2.71 is 43.4% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugoku Marine Paints's current Current Ratio is 2.71, which is 29% above median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugoku Marine Paints stock overvalued right now?
Chugoku Marine Paints (CUGKF) has a current Current Ratio of 2.71. The stock's GF Value™ is $20.08, compared to a current price of $28.53 — trading 42.1% above its estimated fair value. The current Current Ratio is 2.71, which is 29% above median its 10-year median of 2.10 and 43.4% above the Chemicals industry median of 1.89. Chugoku Marine Paints' overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Chugoku Marine Paints (CUGKF), the current Current Ratio is 2.71 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 Chugoku Marine Paints (CUGKF) Overvalued in 2026?

Based on GuruFocus' analysis, Chugoku Marine Paints stock appears to be overvalued. The current stock price of $28.53 is trading 42.1% above its estimated GF Value™ of $20.08.

Key valuation signals for CUGKF:

  • Current Ratio: 2.71 (29% above median its 10-year median of 2.10)
  • GF Value™: $20.08 vs. price of $28.53 (42.1% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 43.4% above the Chemicals median (#498 of 1606)

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


Chugoku Marine Paints Business Description

Other Exchanges 4617:Japan
Address 3-6-6 Kasumigaseki, Tokyo Club Building, Chiyoda-ku, Tokyo, JPN, 100-0013
Chugoku Marine Paints Ltd is a Japanese paint manufacturing firm. The company engages in manufacturing and marketing a variety of paints and coating materials which include marine paints, industrial paints, and container paints. Its products are used for various industry applications such as anti-fouling and epoxy paint for ships, caulking material for railways, and UV curable paint for plastics. It also undertakes painting contracts and serves a wide range of client base from across the world.
83GF Score

Get the complete analysis for CUGKF

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

$28.53
Price
$20.08
GF Value