Shinwa Co (NGO:3447) Current Ratio: 1.28 (As of Mar. 2026) — 52% Below Median


NGO:3447 Shinwa Co Ltd NGO:3447
77 GF Score
Price 円886.00
GF Value 円1,038.52
! 4 Warning Signs
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What is Shinwa Co Current Ratio?

Shinwa Co NGO:3447 77 Current Ratio is 1.28 as of Mar. 2026, which is 52% below its 10-year median of 2.69. GuruFocus rates NGO:3447 with a GF Score™ of 77/100 and a GF Value™ of 円1,038.52. The stock has 4 warning signs investors should review. Among 3,073 Industrial Products companies, Shinwa Co ranks worse than 79.92% 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. Shinwa Co's current ratio for the quarter that ended in Mar. 2026 was 1.28.

Shinwa Co has a current ratio of 1.28. It generally indicates good short-term financial strength.

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

NGO:3447' s Current Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.69   Max: 4.13
Current: 1.28

During the past 10 years, Shinwa Co's highest Current Ratio was 4.13. The lowest was 1.28. And the median was 2.69.

NGO:3447's Current Ratio is ranked worse than
79.92% of 3073 companies
in the Industrial Products industry
Industry Median: 1.96 vs NGO:3447: 1.28

Shinwa Co  (NGO:3447) 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.


Shinwa Co Current Ratio Related Terms


Shinwa Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Shinwa 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.

Shinwa Co Current Ratio Chart

Shinwa 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 2.56 1.52 2.48 1.48 1.28

Shinwa Co Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.48 1.74 1.48 1.38 1.28

NGO:3447 vs CRS, ATI, MLI: Current Ratio Comparison

For the Metal Fabrication subindustry, Shinwa 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.


Shinwa Co Current Ratio vs Industrial Products Industry

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

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


NGO:3447
77GF Score
Shinwa Co Ltd NGO:3447
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinwa 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.

Shinwa 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 )
=9725.286/7595.616
=1.28

Shinwa 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 )
=9725.286/7595.616
=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?
Shinwa Co (NGO:3447) has a Current Ratio of 1.28 as of Mar. 2026. This is 52% below median its historical median of 2.69. Over the past decade, Shinwa Co's Current Ratio has ranged from 1.28 to 4.13. According to the industry distribution chart, Shinwa Co ranks #2456 out of 3073 companies in the Industrial Products industry, placing it in the top 79.9%.
Is Shinwa Co's Current Ratio too high?
Shinwa Co's current Current Ratio of 1.28 is 52% below median its 10-year median of 2.69. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 4.13. The Industrial Products industry median Current Ratio is 1.96. Shinwa Co's value of 1.28 is 34.7% below this industry median. Based on the distribution chart, Shinwa Co ranks #2456 out of 3073 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shinwa Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Shinwa Co's Current Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shinwa Co ranks #2456 out of 3073 companies for Current Ratio. This places Shinwa Co in the lower half of its industry. The industry median Current Ratio is 1.96. Shinwa Co's value of 1.28 is 34.7% below this benchmark. Historically, Shinwa Co's own Current Ratio has ranged from 1.28 to 4.13 over the past decade. While the company's 10-year median is 2.69 vs. the industry median of 1.96, Shinwa 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 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. Shinwa Co'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. Shinwa Co's current Current Ratio is 1.28, which is 52% below median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinwa Co stock overvalued right now?
Shinwa Co (NGO:3447) has a current Current Ratio of 1.28. The stock's GF Value™ is 円1,038.52, compared to a current price of 円886.00 — trading 14.7% below its estimated fair value. The current Current Ratio is 1.28, which is 52% below median its 10-year median of 2.69 and 34.7% below the Industrial Products industry median of 1.96. Shinwa Co's overall GF Score™ is 77/100 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 Shinwa Co (NGO:3447), 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 Shinwa Co (NGO:3447) Overvalued in 2026?

Based on GuruFocus' analysis, Shinwa Co stock appears to be undervalued. The current stock price of 円886.00 is trading 14.7% below its estimated GF Value™ of 円1,038.52.

Key valuation signals for NGO:3447:

  • Current Ratio: 1.28 (52% below median its 10-year median of 2.69)
  • GF Value™: 円1,038.52 vs. price of 円886.00 (14.7% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 34.7% below the Industrial Products median (#2456 of 3073)

No single metric tells the full story. See the NGO:3447 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinwa Co Business Description

Other Exchanges 3447:Japan
Address 30-7 Hiratacho Bushigawa, Gifu Prefecture, Kaizu-shi, JPN, 503-0311
Shinwa Co Ltd is a Japan-based company offering temporary construction materials and distribution equipment. Products offered by the company include Shinwa catcher, Shinwa pallet, logistics equipment and other safety equipment such as preceding handrail safe hangers, baseboard safe angles, simple lift handling boxes.
77GF Score

Get the complete analysis for NGO:3447

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

円886.00
Price
円1,038.52
GF Value