MIELF (Mitsubishi Electric) Current Ratio: 1.77 (As of Mar. 2026) — Near Median


MIELF Mitsubishi Electric Corp MIELF
72 GF Score
Price $35.69
GF Value $17.25
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Mitsubishi Electric Current Ratio?

Mitsubishi Electric MIELF -0.57% 72 Current Ratio is 1.77 as of Mar. 2026, which is 6% below its 10-year median of 1.88. GuruFocus rates MIELF with a GF Score™ of 72/100 and a GF Value™ of $17.25 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,081 Industrial Products companies, Mitsubishi Electric ranks worse than 57.19% 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 Electric's current ratio for the quarter that ended in Mar. 2026 was 1.77.

Mitsubishi Electric has a current ratio of 1.77. It generally indicates good short-term financial strength.

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

MIELF' s Current Ratio Range Over the Past 10 Years
Min: 1.6   Med: 1.88   Max: 2.03
Current: 1.77

During the past 13 years, Mitsubishi Electric's highest Current Ratio was 2.03. The lowest was 1.60. And the median was 1.88.

MIELF's Current Ratio is ranked worse than
57.19% of 3081 companies
in the Industrial Products industry
Industry Median: 1.96 vs MIELF: 1.77

Mitsubishi Electric  (OTCPK:MIELF) 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 Electric Current Ratio Related Terms


Mitsubishi Electric Current Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi Electric'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 Electric Current Ratio Chart

Mitsubishi Electric 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 1.88 1.88 1.97 2.03 1.77

Mitsubishi Electric 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 2.03 2.09 2.06 1.99 1.77

MIELF vs VRT, BE: Current Ratio Comparison

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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 Electric Current Ratio vs Industrial Products Industry

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

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


MIELF
72GF Score
Mitsubishi Electric Corp MIELF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Electric 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 Electric'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 )
=25378.702/14377.774
=1.77

Mitsubishi Electric'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 )
=25378.702/14377.774
=1.77

* 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 1.77 mean?
Mitsubishi Electric (MIELF) has a Current Ratio of 1.77 as of Mar. 2026. This is near median its historical median of 1.88. Over the past decade, Mitsubishi Electric's Current Ratio has ranged from 1.60 to 2.03. According to the industry distribution chart, Mitsubishi Electric ranks #1762 out of 3081 companies in the Industrial Products industry, placing it in the top 57.2%.
Is Mitsubishi Electric's Current Ratio too high?
Mitsubishi Electric's current Current Ratio of 1.77 is near median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 2.03. The Industrial Products industry median Current Ratio is 1.96. Mitsubishi Electric's value of 1.77 is 9.7% below this industry median. Based on the distribution chart, Mitsubishi Electric ranks #1762 out of 3081 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mitsubishi Electric has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Electric's Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mitsubishi Electric ranks #1762 out of 3081 companies for Current Ratio. This places Mitsubishi Electric in the lower half of its industry. The industry median Current Ratio is 1.96. Mitsubishi Electric's value of 1.77 is 9.7% below this benchmark. Historically, Mitsubishi Electric's own Current Ratio has ranged from 1.60 to 2.03 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.96, Mitsubishi Electric 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 3,081 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 Electric's current Current Ratio of 1.77 is 9.7% 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 Electric's current Current Ratio is 1.77, which is near median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Electric stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Electric (MIELF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.25, compared to a current price of $35.69 — trading 106.9% above its estimated fair value. The current Current Ratio is 1.77, which is near median its 10-year median of 1.88 and 9.7% below the Industrial Products industry median of 1.96. Mitsubishi Electric's overall GF Score™ is 72/100 with 7 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 Electric (MIELF), the current Current Ratio is 1.77 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 Electric (MIELF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Electric stock appears to be overvalued. The current stock price of $35.69 is trading 106.9% above its estimated GF Value™ of $17.25. GuruFocus considers Mitsubishi Electric to be Significantly Overvalued.

Key valuation signals for MIELF:

  • Current Ratio: 1.77 (near median its 10-year median of 1.88)
  • GF Value™: $17.25 vs. price of $35.69 (106.9% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 9.7% below the Industrial Products median (#1762 of 3081)

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


Mitsubishi Electric Business Description

Address 2-7-3 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a leading Japanese diversified industrial manufacturer, specializing in factory automation systems, power and energy systems, infrastructure solutions, automotive equipment, electronic devices, and home appliances. Founded in 1921 and headquartered in Tokyo, the company operates globally with a strong presence in Asia, Europe, and North America. Known for its technological expertise and high reliability, Mitsubishi Electric plays a vital role in sectors ranging from smart manufacturing and transportation to energy management and defense. The company emphasizes sustainability, innovation, and long-term growth through its focus on electrification, automation, and digitalization.
72GF Score

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

$35.69
Price
$17.25
GF Value