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MiyoshiSGX:M03 Current Ratio is 1.32 as of Feb. 2026, which is 4% below its 10-year median of 1.38. The stock has 3 warning signs investors should review. Among 3,078 Industrial Products companies, Miyoshi ranks worse than 77.71% 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. Miyoshi's current ratio for the quarter that ended in Feb. 2026 was 1.32.
Miyoshi has a current ratio of 1.32. It generally indicates good short-term financial strength.
The historical rank and industry rank for Miyoshi's Current Ratio or its related term are showing as below:
SGX:M03'
s Current Ratio Range Over the Past 10 Years
Min: 1.13 Med: 1.38 Max: 2.51
Current: 1.32
During the past 13 years, Miyoshi's highest Current Ratio was 2.51. The lowest was 1.13. And the median was 1.38.
SGX:M03's Current Ratio is ranked worse than 77.71% of 3078
companies
in the Industrial Products industry
Industry Median: 1.96
vs SGX:M03: 1.32
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.
Miyoshi Current Ratio Related Terms
Miyoshi Current Ratio Historical Data
* Premium members only.
The historical data trend for Miyoshi'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.
SGX:M03 vs CRS, ATI, MLI: Current Ratio Comparison
For the Metal Fabrication subindustry, Miyoshi'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.
Miyoshi Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Miyoshi's Current Ratio distribution charts can be found below:
* The bar in red indicates where Miyoshi'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.
Miyoshi (SGX:M03) has a Current Ratio of 1.32 as of Feb. 2026. This is near median its historical median of 1.38. Over the past decade, Miyoshi's Current Ratio has ranged from 1.13 to 2.51. According to the industry distribution chart, Miyoshi ranks #2392 out of 3078 companies in the Industrial Products industry, placing it in the top 77.7%.
Is Miyoshi's Current Ratio too high?
Miyoshi's current Current Ratio of 1.32 is near median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 2.51. The Industrial Products industry median Current Ratio is 1.96. Miyoshi's value of 1.32 is 32.7% below this industry median. Based on the distribution chart, Miyoshi ranks #2392 out of 3078 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Miyoshi's Current Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Miyoshi ranks #2392 out of 3078 companies for Current Ratio. This places Miyoshi in the lower half of its industry. The industry median Current Ratio is 1.96. Miyoshi's value of 1.32 is 32.7% below this benchmark. Historically, Miyoshi's own Current Ratio has ranged from 1.13 to 2.51 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 1.96, Miyoshi 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 3,078 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. Miyoshi's current Current Ratio of 1.32 is 32.7% 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. Miyoshi's current Current Ratio is 1.32, which is near median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miyoshi stock overvalued right now?
Miyoshi (SGX:M03) has a current Current Ratio of 1.32. The current Current Ratio is 1.32, which is near median its 10-year median of 1.38 and 32.7% below the Industrial Products industry median of 1.96. 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 Miyoshi (SGX:M03), the current Current Ratio is 1.32 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.
Miyoshi Ltd is employed in designing and manufacturing mould and precision pressed parts and trading in related products and trading commodities. It operates in four segments. The Data Storage segment is engaged in the manufacture of metal semi-finished components for hard disk drives and removable storage devices, The Consumer Electronics segment is engaged in the manufacture of metal semi-finished components for photocopiers, scanners, and printers, The Automotive segment is engaged in the manufacture of finished products of light electric vehicles and semi-finished metal components and The Other segment includes commodities trading and rental income arising from investment properties.
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