TOPPY (Toppan Holdings) Current Ratio: 1.87 (As of Mar. 2026) — Near Median


TOPPY Toppan Holdings Inc TOPPY
80 GF Score
Price $16.00
GF Value $15.12
Valuation Fairly Valued
! 7 Warning Signs
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What is Toppan Holdings Current Ratio?

Toppan Holdings TOPPY +4.92% 80 Current Ratio is 1.87 as of Mar. 2026, which is 9% below its 10-year median of 2.06. GuruFocus rates TOPPY with a GF Score™ of 80/100 and a GF Value™ of $15.12 (Fairly Valued). The stock has 7 warning signs investors should review. Among 561 Conglomerates companies, Toppan Holdings ranks better than 59.36% 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. Toppan Holdings's current ratio for the quarter that ended in Mar. 2026 was 1.87.

Toppan Holdings has a current ratio of 1.87. It generally indicates good short-term financial strength.

The historical rank and industry rank for Toppan Holdings's Current Ratio or its related term are showing as below:

TOPPY' s Current Ratio Range Over the Past 10 Years
Min: 1.71   Med: 2.06   Max: 2.44
Current: 1.87

During the past 13 years, Toppan Holdings's highest Current Ratio was 2.44. The lowest was 1.71. And the median was 2.06.

TOPPY's Current Ratio is ranked better than
59.36% of 561 companies
in the Conglomerates industry
Industry Median: 1.6 vs TOPPY: 1.87

Toppan Holdings  (OTCPK:TOPPY) 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.


Toppan Holdings Current Ratio Related Terms


Toppan Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Toppan Holdings'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.

Toppan Holdings Current Ratio Chart

Toppan Holdings 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 2.12 2.37 2.20 1.71 1.87

Toppan Holdings 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 1.71 1.45 1.69 1.88 1.87

TOPPY vs HON, MMM: Current Ratio Comparison

For the Conglomerates subindustry, Toppan Holdings'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.


Toppan Holdings Current Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Toppan Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Toppan Holdings's Current Ratio falls into.


TOPPY
80GF Score
Toppan Holdings Inc TOPPY
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Toppan Holdings 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.

Toppan Holdings'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 )
=7396.169/3965.48
=1.87

Toppan Holdings'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 )
=7396.169/3965.48
=1.87

* 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 1.87 mean?
Toppan Holdings (TOPPY) has a Current Ratio of 1.87 as of Mar. 2026. This is near median its historical median of 2.06. Over the past decade, Toppan Holdings' Current Ratio has ranged from 1.71 to 2.44. According to the industry distribution chart, Toppan Holdings ranks #228 out of 561 companies in the Conglomerates industry, placing it in the top 40.6%.
Is Toppan Holdings' Current Ratio too high?
Toppan Holdings' current Current Ratio of 1.87 is near median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 2.44. The Conglomerates industry median Current Ratio is 1.60. Toppan Holdings' value of 1.87 is 16.9% above this industry median. Based on the distribution chart, Toppan Holdings ranks #228 out of 561 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Toppan Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toppan Holdings' Current Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Toppan Holdings ranks #228 out of 561 companies for Current Ratio. This puts Toppan Holdings in the upper half of its industry. The industry median Current Ratio is 1.60. Toppan Holdings' value of 1.87 is 16.9% above this benchmark. Historically, Toppan Holdings' own Current Ratio has ranged from 1.71 to 2.44 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 1.60, Toppan Holdings 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 Conglomerates company?
The median Current Ratio among Conglomerates companies is 1.60, based on 561 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. Toppan Holdings's current Current Ratio of 1.87 is 16.9% 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 Conglomerates industry, the median Current Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toppan Holdings's current Current Ratio is 1.87, which is near median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toppan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Toppan Holdings (TOPPY) is currently considered Fairly Valued. The stock's GF Value™ is $15.12, compared to a current price of $16.00 — trading 5.8% above its estimated fair value. The current Current Ratio is 1.87, which is near median its 10-year median of 2.06 and 16.9% above the Conglomerates industry median of 1.60. Toppan Holdings' overall GF Score™ is 80/100 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 Toppan Holdings (TOPPY), the current Current Ratio is 1.87 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 Toppan Holdings (TOPPY) Overvalued in 2026?

Based on GuruFocus' analysis, Toppan Holdings stock appears to be overvalued. The current stock price of $16.00 is trading 5.8% above its estimated GF Value™ of $15.12. GuruFocus considers Toppan Holdings to be Fairly Valued.

Key valuation signals for TOPPY:

  • Current Ratio: 1.87 (near median its 10-year median of 2.06)
  • GF Value™: $15.12 vs. price of $16.00 (5.8% above fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 16.9% above the Conglomerates median (#228 of 561)

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


Toppan Holdings Business Description

Address 1-5-1 Taito, Taito-ku, Tokyo, JPN, 110-8560
Toppan Holdings Inc provides products and services geared toward printing technologies. Its product portfolio of printing technologies consists of in-store advertisements, books, magnetic cards, floor filters, wallpaper, flexible packaging, and other solutions. The company operates three business segments: information and communication (the majority of total revenue), electronics, and living and industry. Toppan Printing provides secure documents, such as credit cards, coupons, and business forms, and offers a mix of marketing materials to increase diversification. It utilizes sales promotion personnel, printing press operators, and research personnel to develop solutions for customers. Operations and sales are located in Japan.
80GF Score

Get the complete analysis for TOPPY

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

$16.00
Price
$15.12
GF Value