Tokai Electronics CoNGO:8071 +0.21%58 Current Ratio is 2.42 as of Mar. 2026, which is 5% above its 10-year median of 2.31. GuruFocus rates NGO:8071 with a GF Score™ of 58/100 and a GF Value™ of 円1,824.20 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,496 Hardware companies, Tokai Electronics Co ranks better than 61.86% 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. Tokai Electronics Co's current ratio for the quarter that ended in Mar. 2026 was 2.42.
Tokai Electronics Co has a current ratio of 2.42. It generally indicates good short-term financial strength.
The historical rank and industry rank for Tokai Electronics Co's Current Ratio or its related term are showing as below:
NGO:8071'
s Current Ratio Range Over the Past 10 Years
Min: 1.95 Med: 2.31 Max: 3.06
Current: 2.42
During the past 13 years, Tokai Electronics Co's highest Current Ratio was 3.06. The lowest was 1.95. And the median was 2.31.
NGO:8071's Current Ratio is ranked better than 61.86% of 2496
companies
in the Hardware industry
Industry Median: 1.96
vs NGO:8071: 2.42
Tokai Electronics Co (NGO:8071) 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.
Tokai Electronics Co Current Ratio Related Terms
Tokai Electronics Co Current Ratio Historical Data
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The historical data trend for Tokai Electronics 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.
For the Electronic Components subindustry, Tokai Electronics 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.
Tokai Electronics Co Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Tokai Electronics Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Tokai Electronics 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.
Tokai Electronics Co (NGO:8071) has a Current Ratio of 2.42 as of Mar. 2026. This is near median its historical median of 2.31. Over the past decade, Tokai Electronics Co's Current Ratio has ranged from 1.95 to 3.06. According to the industry distribution chart, Tokai Electronics Co ranks #952 out of 2496 companies in the Hardware industry, placing it in the top 38.1%.
Is Tokai Electronics Co's Current Ratio too high?
Tokai Electronics Co's current Current Ratio of 2.42 is near median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 3.06. The Hardware industry median Current Ratio is 1.96. Tokai Electronics Co's value of 2.42 is 23.5% above this industry median. Based on the distribution chart, Tokai Electronics Co ranks #952 out of 2496 companies in the Hardware industry, which is above the industry midpoint. Overall, Tokai Electronics Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Electronics Co's Current Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Tokai Electronics Co ranks #952 out of 2496 companies for Current Ratio. This puts Tokai Electronics Co in the upper half of its industry. The industry median Current Ratio is 1.96. Tokai Electronics Co's value of 2.42 is 23.5% above this benchmark. Historically, Tokai Electronics Co's own Current Ratio has ranged from 1.95 to 3.06 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 1.96, Tokai Electronics 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 Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,496 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. Tokai Electronics Co's current Current Ratio of 2.42 is 23.5% 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 Hardware 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. Tokai Electronics Co's current Current Ratio is 2.42, which is near median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Electronics Co (NGO:8071) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,824.20, compared to a current price of 円2,846.00 — trading 56% above its estimated fair value. The current Current Ratio is 2.42, which is near median its 10-year median of 2.31 and 23.5% above the Hardware industry median of 1.96. Tokai Electronics Co's overall GF Score™ is 58/100 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 Tokai Electronics Co (NGO:8071), the current Current Ratio is 2.42 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 Tokai Electronics Co (NGO:8071) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Electronics Co stock appears to be overvalued.
The current stock price of 円2,846.00 is trading 56% above its estimated GF Value™ of 円1,824.20.
GuruFocus considers Tokai Electronics Co to be Significantly Overvalued.
Key valuation signals for NGO:8071:
Current Ratio: 2.42 (near median its 10-year median of 2.31)
GF Value™: 円1,824.20 vs. price of 円2,846.00 (56% above fair value)
Industry Position: 23.5% above the Hardware median (#952 of 2496)
No single metric tells the full story. See the NGO:8071 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Electronics Co Ltd is engaged in the development, sales, import, and export of electronic devices, semiconductor devices, computer and microcomputer applied systems, and software.
58GF Score
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