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DawnTSE:2303 -1.39%85 Current Ratio is 11.30 as of Feb. 2026, which is 14% above its 10-year median of 9.89. GuruFocus rates TSE:2303 with a GF Score™ of 85/100 and a GF Value™ of 円1,341.33 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,876 Software companies, Dawn ranks better than 92.14% 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. Dawn's current ratio for the quarter that ended in Feb. 2026 was 11.30.
Dawn has a current ratio of 11.30. 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 Dawn's Current Ratio or its related term are showing as below:
TSE:2303'
s Current Ratio Range Over the Past 10 Years
Min: 6.93 Med: 9.89 Max: 11.79
Current: 6.93
During the past 13 years, Dawn's highest Current Ratio was 11.79. The lowest was 6.93. And the median was 9.89.
TSE:2303's Current Ratio is ranked better than 92.14% of 2876
companies
in the Software industry
Industry Median: 1.79
vs TSE:2303: 6.93
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.
Dawn Current Ratio Related Terms
Dawn Current Ratio Historical Data
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The historical data trend for Dawn'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.
TSE:2303 vs QH, SHOP, UBER: Current Ratio Comparison
For the Software - Application subindustry, Dawn'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.
Dawn Current Ratio vs Software Industry
For the Software industry and Technology sector, Dawn's Current Ratio distribution charts can be found below:
* The bar in red indicates where Dawn'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.
Dawn (TSE:2303) has a Current Ratio of 11.30 as of Feb. 2026. This is 14% above median its historical median of 9.89. Over the past decade, Dawn's Current Ratio has ranged from 6.93 to 11.79. According to the industry distribution chart, Dawn ranks #226 out of 2876 companies in the Software industry, placing it in the top 7.9%.
Is Dawn's Current Ratio too high?
Dawn's current Current Ratio of 11.30 is 14% above median its 10-year median of 9.89. Over the past 10 years, this metric has ranged from a low of 6.93 to a high of 11.79. The Software industry median Current Ratio is 1.79. Dawn's value of 11.30 is 531.3% above this industry median. Based on the distribution chart, Dawn ranks #226 out of 2876 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Dawn has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dawn's Current Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Dawn ranks #226 out of 2876 companies for Current Ratio. This places Dawn in the top 8% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.79. Dawn's value of 11.30 is 531.3% above this benchmark. Historically, Dawn's own Current Ratio has ranged from 6.93 to 11.79 over the past decade. While the company's 10-year median is 9.89 vs. the industry median of 1.79, Dawn 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 1.79, based on 2,876 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. Dawn's current Current Ratio of 11.30 is 531.3% 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 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dawn's current Current Ratio is 11.30, which is 14% above median its own 10-year median of 9.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawn stock overvalued right now?
Based on GuruFocus' analysis, Dawn (TSE:2303) is currently considered Fairly Valued. The stock's GF Value™ is 円1,341.33, compared to a current price of 円1,344.00 — trading 0.2% above its estimated fair value. The current Current Ratio is 11.30, which is 14% above median its 10-year median of 9.89 and 531.3% above the Software industry median of 1.79. Dawn's overall GF Score™ is 85/100 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 Dawn (TSE:2303), the current Current Ratio is 11.30 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 Dawn (TSE:2303) Overvalued in 2026?
Based on GuruFocus' analysis, Dawn stock appears to be overvalued.
The current stock price of 円1,344.00 is trading 0.2% above its estimated GF Value™ of 円1,341.33.
GuruFocus considers Dawn to be Fairly Valued.
Key valuation signals for TSE:2303:
Current Ratio: 11.30 (14% above median its 10-year median of 9.89)
GF Value™: 円1,341.33 vs. price of 円1,344.00 (0.2% above fair value)
Industry Position: 531.3% above the Software median (#226 of 2876)
No single metric tells the full story. See the TSE:2303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dawn Corp is engaged in service building services such as FAQ Q and A location information service ASP, GPS map, GIS application development consulting contract research and development and sales of core GIS engine. It is a research and development company specialized in geographic information systems. Its system is used in the security and security of disaster prevention areas such as local governments, the crime prevention area for disaster prevention and the social infrastructure area of private enterprises.
85GF Score
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