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. Chubu Steel Plate Co's current ratio for the quarter that ended in Mar. 2026 was 5.87.
Chubu Steel Plate Co has a current ratio of 5.87. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Chubu Steel Plate Co's Current Ratio or its related term are showing as below:
NGO:5461'
s Current Ratio Range Over the Past 10 Years
Min: 4.09 Med: 5.17 Max: 7.66
Current: 5.87
During the past 13 years, Chubu Steel Plate Co's highest Current Ratio was 7.66. The lowest was 4.09. And the median was 5.17.
NGO:5461's Current Ratio is ranked better than 89.78% of 636
companies
in the Steel industry
Industry Median: 1.63
vs NGO:5461: 5.87
Chubu Steel Plate Co (NGO:5461) 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.
Chubu Steel Plate Co Current Ratio Related Terms
Chubu Steel Plate Co Current Ratio Historical Data
* Premium members only.
The historical data trend for Chubu Steel Plate 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.
NGO:5461 vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Chubu Steel Plate 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.
Chubu Steel Plate Co Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Chubu Steel Plate Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Chubu Steel Plate Co's Current Ratio falls into.
* 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.
Chubu Steel Plate Co (NGO:5461) has a Current Ratio of 5.87 as of Mar. 2026. This is 14% above median its historical median of 5.17. Over the past decade, Chubu Steel Plate Co's Current Ratio has ranged from 4.09 to 7.66. According to the industry distribution chart, Chubu Steel Plate Co ranks #65 out of 636 companies in the Steel industry, placing it in the top 10.2%.
Is Chubu Steel Plate Co's Current Ratio too high?
Chubu Steel Plate Co's current Current Ratio of 5.87 is 14% above median its 10-year median of 5.17. Over the past 10 years, this metric has ranged from a low of 4.09 to a high of 7.66. The Steel industry median Current Ratio is 1.63. Chubu Steel Plate Co's value of 5.87 is 260.1% above this industry median. Based on the distribution chart, Chubu Steel Plate Co ranks #65 out of 636 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Chubu Steel Plate Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Chubu Steel Plate Co's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Chubu Steel Plate Co ranks #65 out of 636 companies for Current Ratio. This places Chubu Steel Plate Co in the top 10% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.63. Chubu Steel Plate Co's value of 5.87 is 260.1% above this benchmark. Historically, Chubu Steel Plate Co's own Current Ratio has ranged from 4.09 to 7.66 over the past decade. While the company's 10-year median is 5.17 vs. the industry median of 1.63, Chubu Steel Plate Co 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 636 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. Chubu Steel Plate Co's current Current Ratio of 5.87 is 260.1% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chubu Steel Plate Co's current Current Ratio is 5.87, which is 14% above median its own 10-year median of 5.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chubu Steel Plate Co stock overvalued right now?
Chubu Steel Plate Co (NGO:5461) has a current Current Ratio of 5.87. The stock's GF Value™ is 円1,962.34, compared to a current price of 円2,082.00 — trading 6.1% above its estimated fair value. The current Current Ratio is 5.87, which is 14% above median its 10-year median of 5.17 and 260.1% above the Steel industry median of 1.63. Chubu Steel Plate Co's overall GF Score™ is 76/100 with 6 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 Chubu Steel Plate Co (NGO:5461), the current Current Ratio is 5.87 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 Chubu Steel Plate Co (NGO:5461) Overvalued in 2026?
Based on GuruFocus' analysis, Chubu Steel Plate Co stock appears to be overvalued.
The current stock price of 円2,082.00 is trading 6.1% above its estimated GF Value™ of 円1,962.34.
Key valuation signals for NGO:5461:
Current Ratio: 5.87 (14% above median its 10-year median of 5.17)
GF Value™: 円1,962.34 vs. price of 円2,082.00 (6.1% above fair value)
Industry Position: 260.1% above the Steel median (#65 of 636)
No single metric tells the full story. See the NGO:5461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chubu Steel Plate Co Ltd engages in the manufacture and sale of thick steel sheets and pieces, and the cutting of steel plates in Japan. The company's segment includes Steel-related business, Rental Business, Logistics business, and Engineering Business. The company generates the majority of its revenue from Steel-related business, which manufactures and sells thick steel plate products using electric furnaces.
76GF Score
Get the complete analysis for NGO:5461
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NGO:5461 has been successfully added to your 
