MHVIY (Mitsubishi Heavy Industries) Current Ratio: 1.28 (As of Mar. 2026) — Near Median


MHVIY Mitsubishi Heavy Industries Ltd MHVIY
59 GF Score
Price $11.34
GF Value $7.33
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Mitsubishi Heavy Industries Current Ratio?

Mitsubishi Heavy Industries MHVIY +2.53% 59 Current Ratio is 1.28 as of Mar. 2026, which is 8% above its 10-year median of 1.19. GuruFocus rates MHVIY with a GF Score™ of 59/100 and a GF Value™ of $7.33 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,073 Industrial Products companies, Mitsubishi Heavy Industries ranks worse than 79.89% 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. Mitsubishi Heavy Industries's current ratio for the quarter that ended in Mar. 2026 was 1.28.

Mitsubishi Heavy Industries has a current ratio of 1.28. It generally indicates good short-term financial strength.

The historical rank and industry rank for Mitsubishi Heavy Industries's Current Ratio or its related term are showing as below:

MHVIY' s Current Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.19   Max: 1.28
Current: 1.28

During the past 13 years, Mitsubishi Heavy Industries's highest Current Ratio was 1.28. The lowest was 1.01. And the median was 1.19.

MHVIY's Current Ratio is ranked worse than
79.89% of 3073 companies
in the Industrial Products industry
Industry Median: 1.96 vs MHVIY: 1.28

Mitsubishi Heavy Industries  (OTCPK:MHVIY) 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.


Mitsubishi Heavy Industries Current Ratio Related Terms


Mitsubishi Heavy Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi Heavy Industries'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.

Mitsubishi Heavy Industries Current Ratio Chart

Mitsubishi Heavy Industries 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 1.13 1.16 1.16 1.24 1.28

Mitsubishi Heavy Industries 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 1.24 1.22 1.27 1.27 1.28

MHVIY vs GEV, ETN, PH: Current Ratio Comparison

For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy Industries'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.


Mitsubishi Heavy Industries Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Heavy Industries's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi Heavy Industries's Current Ratio falls into.


MHVIY
59GF Score
Mitsubishi Heavy Industries Ltd MHVIY
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Heavy Industries 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.

Mitsubishi Heavy Industries'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 )
=34284.935/26853.665
=1.28

Mitsubishi Heavy Industries'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 )
=34284.935/26853.665
=1.28

* 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 1.28 mean?
Mitsubishi Heavy Industries (MHVIY) has a Current Ratio of 1.28 as of Mar. 2026. This is near median its historical median of 1.19. Over the past decade, Mitsubishi Heavy Industries' Current Ratio has ranged from 1.01 to 1.28. According to the industry distribution chart, Mitsubishi Heavy Industries ranks #2455 out of 3073 companies in the Industrial Products industry, placing it in the top 79.9%.
Is Mitsubishi Heavy Industries' Current Ratio too high?
Mitsubishi Heavy Industries' current Current Ratio of 1.28 is near median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 1.28. The Industrial Products industry median Current Ratio is 1.96. Mitsubishi Heavy Industries' value of 1.28 is 34.7% below this industry median. Based on the distribution chart, Mitsubishi Heavy Industries ranks #2455 out of 3073 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Mitsubishi Heavy Industries has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Heavy Industries' Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mitsubishi Heavy Industries ranks #2455 out of 3073 companies for Current Ratio. This places Mitsubishi Heavy Industries in the lower half of its industry. The industry median Current Ratio is 1.96. Mitsubishi Heavy Industries' value of 1.28 is 34.7% below this benchmark. Historically, Mitsubishi Heavy Industries' own Current Ratio has ranged from 1.01 to 1.28 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.96, Mitsubishi Heavy Industries 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 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. Mitsubishi Heavy Industries's current Current Ratio of 1.28 is 34.7% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Heavy Industries's current Current Ratio is 1.28, which is near median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Heavy Industries (MHVIY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.33, compared to a current price of $11.34 — trading 54.7% above its estimated fair value. The current Current Ratio is 1.28, which is near median its 10-year median of 1.19 and 34.7% below the Industrial Products industry median of 1.96. Mitsubishi Heavy Industries' overall GF Score™ is 59/100 with 4 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 Mitsubishi Heavy Industries (MHVIY), the current Current Ratio is 1.28 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 Mitsubishi Heavy Industries (MHVIY) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Heavy Industries stock appears to be overvalued. The current stock price of $11.34 is trading 54.7% above its estimated GF Value™ of $7.33. GuruFocus considers Mitsubishi Heavy Industries to be Significantly Overvalued.

Key valuation signals for MHVIY:

  • Current Ratio: 1.28 (near median its 10-year median of 1.19)
  • GF Value™: $7.33 vs. price of $11.34 (54.7% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 34.7% below the Industrial Products median (#2455 of 3073)

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


Mitsubishi Heavy Industries Business Description

Address 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332
Mitsubishi Heavy Industries is a diversified industrial and engineering group that was founded in 1884 and reorganized in 1950. It operates across four segments: energy systems; plants and infrastructure; logistics, thermal and drive systems; and aircraft, defense and space. MHI is a global leader in large gas turbines and energy services, and a key domestic supplier of aerospace and defense systems. Its end markets include energy infrastructure, industrial equipment, transport, and defense, with a growing focus on decarbonization technologies such as hydrogen- and ammonia-capable turbines. The company employs about 77,000 people globally.
59GF Score

Get the complete analysis for MHVIY

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

$11.34
Price
$7.33
GF Value