NURAF (Nomura Research Institute) Current Ratio: 1.84 (As of Mar. 2026) — Near Median


NURAF Nomura Research Institute Ltd NURAF
88 GF Score
Price $25.65
GF Value $30.67
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nomura Research Institute Current Ratio?

Nomura Research Institute NURAF 88 Current Ratio is 1.84 as of Mar. 2026, which is at its 10-year median of 1.84. GuruFocus rates NURAF with a GF Score™ of 88/100 and a GF Value™ of $30.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,862 Software companies, Nomura Research Institute ranks better than 50.87% 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. Nomura Research Institute's current ratio for the quarter that ended in Mar. 2026 was 1.84.

Nomura Research Institute has a current ratio of 1.84. It generally indicates good short-term financial strength.

The historical rank and industry rank for Nomura Research Institute's Current Ratio or its related term are showing as below:

NURAF' s Current Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.84   Max: 2.65
Current: 1.84

During the past 13 years, Nomura Research Institute's highest Current Ratio was 2.65. The lowest was 1.12. And the median was 1.84.

NURAF's Current Ratio is ranked better than
50.87% of 2862 companies
in the Software industry
Industry Median: 1.81 vs NURAF: 1.84

Nomura Research Institute  (OTCPK:NURAF) 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.


Nomura Research Institute Current Ratio Related Terms


Nomura Research Institute Current Ratio Historical Data

* Premium members only.

The historical data trend for Nomura Research Institute'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.

Nomura Research Institute Current Ratio Chart

Nomura Research Institute 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 1.12 1.76 1.89 1.75 1.84

Nomura Research Institute 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 1.75 1.84 1.72 2.08 1.84

NURAF vs IBM, ACN, FISV: Current Ratio Comparison

For the Information Technology Services subindustry, Nomura Research Institute'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.


Nomura Research Institute Current Ratio vs Software Industry

For the Software industry and Technology sector, Nomura Research Institute's Current Ratio distribution charts can be found below:

* The bar in red indicates where Nomura Research Institute's Current Ratio falls into.


NURAF
88GF Score
Nomura Research Institute Ltd NURAF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Research Institute 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.

Nomura Research Institute'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 )
=3157.622/1720.547
=1.84

Nomura Research Institute'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 )
=3157.622/1720.547
=1.84

* 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 1.84 mean?
Nomura Research Institute (NURAF) has a Current Ratio of 1.84 as of Mar. 2026. This is near median its historical median of 1.84. Over the past decade, Nomura Research Institute's Current Ratio has ranged from 1.12 to 2.65. According to the industry distribution chart, Nomura Research Institute ranks #1406 out of 2862 companies in the Software industry, placing it in the top 49.1%.
Is Nomura Research Institute's Current Ratio too high?
Nomura Research Institute's current Current Ratio of 1.84 is near median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 2.65. The Software industry median Current Ratio is 1.81. Nomura Research Institute's value of 1.84 is 1.7% above this industry median. Based on the distribution chart, Nomura Research Institute ranks #1406 out of 2862 companies in the Software industry, which is above the industry midpoint. Overall, Nomura Research Institute has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's Current Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Nomura Research Institute ranks #1406 out of 2862 companies for Current Ratio. This puts Nomura Research Institute in the upper half of its industry. The industry median Current Ratio is 1.81. Nomura Research Institute's value of 1.84 is 1.7% above this benchmark. Historically, Nomura Research Institute's own Current Ratio has ranged from 1.12 to 2.65 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.81, Nomura Research Institute 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 Software company?
The median Current Ratio among Software companies is 1.81, based on 2,862 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. Nomura Research Institute's current Current Ratio of 1.84 is 1.7% 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 Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Research Institute's current Current Ratio is 1.84, which is near median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Nomura Research Institute (NURAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.67, compared to a current price of $25.65 — trading 16.4% below its estimated fair value. The current Current Ratio is 1.84, which is near median its 10-year median of 1.84 and 1.7% above the Software industry median of 1.81. Nomura Research Institute's overall GF Score™ is 88/100 with 3 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 Nomura Research Institute (NURAF), the current Current Ratio is 1.84 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 Nomura Research Institute (NURAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Research Institute stock appears to be undervalued. The current stock price of $25.65 is trading 16.4% below its estimated GF Value™ of $30.67. GuruFocus considers Nomura Research Institute to be Modestly Undervalued.

Key valuation signals for NURAF:

  • Current Ratio: 1.84 (near median its 10-year median of 1.84)
  • GF Value™: $30.67 vs. price of $25.65 (16.4% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 1.7% above the Software median (#1406 of 2862)

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


Nomura Research Institute Business Description

Address 1-9-2 Otemachi, Otemachi Financial City Grand Cube, Chiyoda-ku, Tokyo, JPN, 100-0004
Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.
88GF Score

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

$25.65
Price
$30.67
GF Value