Onward Holdings CoOKASY 76 Current Ratio is 1.35 as of Feb. 2026, which is 14% above its 10-year median of 1.18. GuruFocus rates OKASY with a GF Score™ of 76/100 and a GF Value™ of $47.66. The stock has 1 warning sign investors should review. Among 1,070 Manufacturing - Apparel & Accessories companies, Onward Holdings Co ranks worse than 67.1% 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. Onward Holdings Co's current ratio for the quarter that ended in Feb. 2026 was 1.35.
Onward Holdings Co has a current ratio of 1.35. It generally indicates good short-term financial strength.
The historical rank and industry rank for Onward Holdings Co's Current Ratio or its related term are showing as below:
OKASY'
s Current Ratio Range Over the Past 10 Years
Min: 0.81 Med: 1.18 Max: 1.35
Current: 1.35
During the past 13 years, Onward Holdings Co's highest Current Ratio was 1.35. The lowest was 0.81. And the median was 1.18.
Onward Holdings Co (OTCPK:OKASY) 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.
Onward Holdings Co Current Ratio Related Terms
Onward Holdings Co Current Ratio Historical Data
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The historical data trend for Onward Holdings 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 Apparel Manufacturing subindustry, Onward Holdings 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.
Onward Holdings Co Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onward Holdings Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Onward Holdings 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.
Onward Holdings Co (OKASY) has a Current Ratio of 1.35 as of Feb. 2026. This is 14% above median its historical median of 1.18. Over the past decade, Onward Holdings Co's Current Ratio has ranged from 0.81 to 1.35. According to the industry distribution chart, Onward Holdings Co ranks #718 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 67.1%.
Is Onward Holdings Co's Current Ratio too high?
Onward Holdings Co's current Current Ratio of 1.35 is 14% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 1.35. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.79. Onward Holdings Co's value of 1.35 is 24.6% below this industry median. Based on the distribution chart, Onward Holdings Co ranks #718 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Onward Holdings Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Onward Holdings Co's Current Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Onward Holdings Co ranks #718 out of 1070 companies for Current Ratio. This places Onward Holdings Co in the lower half of its industry. The industry median Current Ratio is 1.79. Onward Holdings Co's value of 1.35 is 24.6% below this benchmark. Historically, Onward Holdings Co's own Current Ratio has ranged from 0.81 to 1.35 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.79, Onward Holdings 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 a Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.79, based on 1,070 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. Onward Holdings Co's current Current Ratio of 1.35 is 24.6% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Holdings Co's current Current Ratio is 1.35, which is 14% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Holdings Co stock overvalued right now?
Onward Holdings Co (OKASY) has a current Current Ratio of 1.35. The stock's GF Value™ is $47.66, compared to a current price of $50.00 — trading 4.9% above its estimated fair value. The current Current Ratio is 1.35, which is 14% above median its 10-year median of 1.18 and 24.6% below the Manufacturing - Apparel & Accessories industry median of 1.79. Onward Holdings Co's overall GF Score™ is 76/100 with 1 warning sign 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 Onward Holdings Co (OKASY), the current Current Ratio is 1.35 as of Feb. 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 Onward Holdings Co (OKASY) Overvalued in 2026?
Based on GuruFocus' analysis, Onward Holdings Co stock appears to be overvalued.
The current stock price of $50.00 is trading 4.9% above its estimated GF Value™ of $47.66.
Key valuation signals for OKASY:
Current Ratio: 1.35 (14% above median its 10-year median of 1.18)
GF Value™: $47.66 vs. price of $50.00 (4.9% above fair value)
Industry Position: 24.6% below the Manufacturing - Apparel & Accessories median (#718 of 1070)
No single metric tells the full story. See the OKASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onward Holdings Co Ltd manufactures and sells clothing, shoes, uniforms, bags, and other items. Women's clothing sales account for the majority of Onward's apparel revenue. The company's core brands include Nijyusanku, Kumikyoku, ICB, Jiyuku, J.Press, and Gotairiku. More than three-fourths of Onward's sales are through department stores. Remaining sales are through other retailers, directly managed stores, and e-commerce. More than three-fourths of Onward's sales are in Japan, and the majority of the company's remaining sales are in Europe. The company manufactures its products mainly in China.
76GF Score
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