JAPSY (Japan Airlines Co) Current Ratio: 1.44 (As of Mar. 2026) — Near Median


JAPSY Japan Airlines Co Ltd JAPSY
83 GF Score
Price $8.80
GF Value $9.69
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Japan Airlines Co Current Ratio?

Japan Airlines Co JAPSY +2.21% 83 Current Ratio is 1.44 as of Mar. 2026, which is 4% above its 10-year median of 1.39. GuruFocus rates JAPSY with a GF Score™ of 83/100 and a GF Value™ of $9.69 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,010 Transportation companies, Japan Airlines Co ranks worse than 51.78% 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. Japan Airlines Co's current ratio for the quarter that ended in Mar. 2026 was 1.44.

Japan Airlines Co has a current ratio of 1.44. It generally indicates good short-term financial strength.

The historical rank and industry rank for Japan Airlines Co's Current Ratio or its related term are showing as below:

JAPSY' s Current Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.39   Max: 1.72
Current: 1.44

During the past 13 years, Japan Airlines Co's highest Current Ratio was 1.72. The lowest was 1.01. And the median was 1.39.

JAPSY's Current Ratio is ranked worse than
51.78% of 1010 companies
in the Transportation industry
Industry Median: 1.47 vs JAPSY: 1.44

Japan Airlines Co  (OTCPK:JAPSY) 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.


Japan Airlines Co Current Ratio Related Terms


Japan Airlines Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Japan Airlines Co'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.

Japan Airlines Co Current Ratio Chart

Japan Airlines Co 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 1.60 1.38 1.39 1.31 1.44

Japan Airlines Co 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 1.31 1.44 1.46 1.47 1.44

JAPSY vs DAL, UAL, LUV: Current Ratio Comparison

For the Airlines subindustry, Japan Airlines Co'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.


Japan Airlines Co Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Japan Airlines Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Japan Airlines Co's Current Ratio falls into.


JAPSY
83GF Score
Japan Airlines Co Ltd JAPSY
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Airlines Co 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.

Japan Airlines Co'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 )
=9109.657/6318.855
=1.44

Japan Airlines Co'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 )
=9109.657/6318.855
=1.44

* 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 1.44 mean?
Japan Airlines Co (JAPSY) has a Current Ratio of 1.44 as of Mar. 2026. This is near median its historical median of 1.39. Over the past decade, Japan Airlines Co's Current Ratio has ranged from 1.01 to 1.72. According to the industry distribution chart, Japan Airlines Co ranks #523 out of 1010 companies in the Transportation industry, placing it in the top 51.8%.
Is Japan Airlines Co's Current Ratio too high?
Japan Airlines Co's current Current Ratio of 1.44 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 1.72. The Transportation industry median Current Ratio is 1.47. Japan Airlines Co's value of 1.44 is 2% below this industry median. Based on the distribution chart, Japan Airlines Co ranks #523 out of 1010 companies in the Transportation industry, which is below the industry midpoint. Overall, Japan Airlines Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Airlines Co's Current Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Japan Airlines Co ranks #523 out of 1010 companies for Current Ratio. This places Japan Airlines Co in the lower half of its industry. The industry median Current Ratio is 1.47. Japan Airlines Co's value of 1.44 is 2% below this benchmark. Historically, Japan Airlines Co's own Current Ratio has ranged from 1.01 to 1.72 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.47, Japan Airlines Co has consistently been below 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 Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,010 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. Japan Airlines Co's current Current Ratio of 1.44 is 2% below 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 Transportation industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Airlines Co's current Current Ratio is 1.44, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Airlines Co (JAPSY) is currently considered Fairly Valued. The stock's GF Value™ is $9.69, compared to a current price of $8.80 — trading 9.2% below its estimated fair value. The current Current Ratio is 1.44, which is near median its 10-year median of 1.39 and 2% below the Transportation industry median of 1.47. Japan Airlines Co's overall GF Score™ is 83/100 with 3 warning signs 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 Japan Airlines Co (JAPSY), the current Current Ratio is 1.44 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 Japan Airlines Co (JAPSY) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Airlines Co stock appears to be undervalued. The current stock price of $8.80 is trading 9.2% below its estimated GF Value™ of $9.69. GuruFocus considers Japan Airlines Co to be Fairly Valued.

Key valuation signals for JAPSY:

  • Current Ratio: 1.44 (near median its 10-year median of 1.39)
  • GF Value™: $9.69 vs. price of $8.80 (9.2% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 2% below the Transportation median (#523 of 1010)

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


Japan Airlines Co Business Description

Address 2-4-11 Higashi-Shinagawa, Nomura Real Estate Building, Shinagawa-ku, Tokyo, JPN, 140-8605
Japan Airlines Co Ltd is an international air transport services company. It offers scheduled and non-scheduled air transport services and aerial work services. The company operates large aircraft, medium-sized aircraft, small aircraft, and regional jets. The company is also engaged in the travel planning and sales business, which covers travel planning and sales, baggage delivery, system development and operation, ticketing systems for the travel industry, and credit card services related to air travel.
83GF Score

Get the complete analysis for JAPSY

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

$8.80
Price
$9.69
GF Value