Shinnihon (TSE:1879) Current Ratio: 3.51 (As of Mar. 2026) — 30% Above Median


TSE:1879 Shinnihon Corp TSE:1879
84 GF Score
Price 円2,119.00
GF Value 円1,669.07
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Shinnihon Current Ratio?

Shinnihon TSE:1879 +0.33% 84 Current Ratio is 3.51 as of Mar. 2026, which is 30% above its 10-year median of 2.69. GuruFocus rates TSE:1879 with a GF Score™ of 84/100 and a GF Value™ of 円1,669.07 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,781 Construction companies, Shinnihon ranks better than 88.88% 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. Shinnihon's current ratio for the quarter that ended in Mar. 2026 was 3.51.

Shinnihon has a current ratio of 3.51. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

TSE:1879' s Current Ratio Range Over the Past 10 Years
Min: 1.98   Med: 2.69   Max: 3.51
Current: 3.51

During the past 13 years, Shinnihon's highest Current Ratio was 3.51. The lowest was 1.98. And the median was 2.69.

TSE:1879's Current Ratio is ranked better than
88.88% of 1781 companies
in the Construction industry
Industry Median: 1.58 vs TSE:1879: 3.51

Shinnihon  (TSE:1879) 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.


Shinnihon Current Ratio Related Terms


Shinnihon Current Ratio Historical Data

* Premium members only.

The historical data trend for Shinnihon'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.

Shinnihon Current Ratio Chart

Shinnihon 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 2.72 2.77 2.88 3.27 3.51

Shinnihon 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 3.27 3.61 3.57 3.67 3.51

TSE:1879 vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, Shinnihon'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.


Shinnihon Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shinnihon's Current Ratio distribution charts can be found below:

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


TSE:1879
84GF Score
Shinnihon Corp TSE:1879
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinnihon 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.

Shinnihon'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 )
=170623/48669
=3.51

Shinnihon'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 )
=170623/48669
=3.51

* 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 3.51 mean?
Shinnihon (TSE:1879) has a Current Ratio of 3.51 as of Mar. 2026. This is 30% above median its historical median of 2.69. Over the past decade, Shinnihon's Current Ratio has ranged from 1.98 to 3.51. According to the industry distribution chart, Shinnihon ranks #198 out of 1781 companies in the Construction industry, placing it in the top 11.1%.
Is Shinnihon's Current Ratio too high?
Shinnihon's current Current Ratio of 3.51 is 30% above median its 10-year median of 2.69. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 3.51. The Construction industry median Current Ratio is 1.58. Shinnihon's value of 3.51 is 122.2% above this industry median. Based on the distribution chart, Shinnihon ranks #198 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shinnihon has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinnihon's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Shinnihon ranks #198 out of 1781 companies for Current Ratio. This places Shinnihon in the top 11% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.58. Shinnihon's value of 3.51 is 122.2% above this benchmark. Historically, Shinnihon's own Current Ratio has ranged from 1.98 to 3.51 over the past decade. While the company's 10-year median is 2.69 vs. the industry median of 1.58, Shinnihon 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,781 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. Shinnihon's current Current Ratio of 3.51 is 122.2% 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 Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinnihon's current Current Ratio is 3.51, which is 30% above median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinnihon stock overvalued right now?
Based on GuruFocus' analysis, Shinnihon (TSE:1879) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,669.07, compared to a current price of 円2,119.00 — trading 27% above its estimated fair value. The current Current Ratio is 3.51, which is 30% above median its 10-year median of 2.69 and 122.2% above the Construction industry median of 1.58. Shinnihon's overall GF Score™ is 84/100 with 2 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 Shinnihon (TSE:1879), the current Current Ratio is 3.51 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 Shinnihon (TSE:1879) Overvalued in 2026?

Based on GuruFocus' analysis, Shinnihon stock appears to be overvalued. The current stock price of 円2,119.00 is trading 27% above its estimated GF Value™ of 円1,669.07. GuruFocus considers Shinnihon to be Modestly Overvalued.

Key valuation signals for TSE:1879:

  • Current Ratio: 3.51 (30% above median its 10-year median of 2.69)
  • GF Value™: 円1,669.07 vs. price of 円2,119.00 (27% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 122.2% above the Construction median (#198 of 1781)

No single metric tells the full story. See the TSE:1879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinnihon Business Description

Address 1-4-3 Hibino, Shin Nippon Building, Mihama-ku, Chiba, JPN, 261-0021
Shinnihon Corp is engaged in engineering and construction services. The company operates in two divisions namely Construction Division and Development Business Division. The construction division is engaged in the construction of joint housing, government office, hotel, office building, shopping center, shop, hospital/welfare facilities, and factories. The Development Business Division is engaged in Distribution and rental of condominium / detached house, planning and development business of commercial facilities, offices, and warehouses.
84GF Score

Get the complete analysis for TSE:1879

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

円2,119.00
Price
円1,669.07
GF Value