Asukanet Co (TSE:2438) Current Ratio: 3.20 (As of Apr. 2026) — 20% Below Median


TSE:2438 Asukanet Co Ltd TSE:2438
56 GF Score
Price 円370.00
GF Value 円507.17
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Asukanet Co Current Ratio?

Asukanet Co TSE:2438 +3.93% 56 Current Ratio is 3.20 as of Apr. 2026, which is 20% below its 10-year median of 4.02. GuruFocus rates TSE:2438 with a GF Score™ of 56/100 and a GF Value™ of 円507.17 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 96 Personal Services companies, Asukanet Co ranks better than 85.42% 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. Asukanet Co's current ratio for the quarter that ended in Apr. 2026 was 3.20.

Asukanet Co has a current ratio of 3.20. 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 Asukanet Co's Current Ratio or its related term are showing as below:

TSE:2438' s Current Ratio Range Over the Past 10 Years
Min: 3.2   Med: 4.02   Max: 4.85
Current: 3.2

During the past 13 years, Asukanet Co's highest Current Ratio was 4.85. The lowest was 3.20. And the median was 4.02.

TSE:2438's Current Ratio is ranked better than
85.42% of 96 companies
in the Personal Services industry
Industry Median: 1.255 vs TSE:2438: 3.20

Asukanet Co  (TSE:2438) 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.


Asukanet Co Current Ratio Related Terms


Asukanet Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Asukanet 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.

Asukanet Co Current Ratio Chart

Asukanet Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 4.06 3.73 3.21 3.20

Asukanet Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 3.73 3.71 3.21 2.75 3.20

TSE:2438 vs ROL, SCI, FTDR: Current Ratio Comparison

For the Personal Services subindustry, Asukanet 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.


Asukanet Co Current Ratio vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Asukanet Co's Current Ratio distribution charts can be found below:

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


TSE:2438
56GF Score
Asukanet Co Ltd TSE:2438
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asukanet Co 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.

Asukanet Co's Current Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Current Ratio (A: Apr. 2026 )=Total Current Assets (A: Apr. 2026 )/Total Current Liabilities (A: Apr. 2026 )
=2827.279/882.817
=3.20

Asukanet Co's Current Ratio for the quarter that ended in Apr. 2026 is calculated as

Current Ratio (Q: Apr. 2026 )=Total Current Assets (Q: Apr. 2026 )/Total Current Liabilities (Q: Apr. 2026 )
=2827.279/882.817
=3.20

* 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 3.20 mean?
Asukanet Co (TSE:2438) has a Current Ratio of 3.20 as of Apr. 2026. This is 20% below median its historical median of 4.02. Over the past decade, Asukanet Co's Current Ratio has ranged from 3.20 to 4.85. According to the industry distribution chart, Asukanet Co ranks #14 out of 96 companies in the Personal Services industry, placing it in the top 14.6%.
Is Asukanet Co's Current Ratio too high?
Asukanet Co's current Current Ratio of 3.20 is 20% below median its 10-year median of 4.02. Over the past 10 years, this metric has ranged from a low of 3.20 to a high of 4.85. The Personal Services industry median Current Ratio is 1.26. Asukanet Co's value of 3.20 is 155% above this industry median. Based on the distribution chart, Asukanet Co ranks #14 out of 96 companies in the Personal Services industry, which is in the top quartile — a strong position relative to peers. Overall, Asukanet Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asukanet Co's Current Ratio compare to ROL and SCI?
According to the Personal Services industry distribution chart, Asukanet Co ranks #14 out of 96 companies for Current Ratio. This places Asukanet Co in the top 15% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.26. Asukanet Co's value of 3.20 is 155% above this benchmark. Historically, Asukanet Co's own Current Ratio has ranged from 3.20 to 4.85 over the past decade. While the company's 10-year median is 4.02 vs. the industry median of 1.26, Asukanet Co 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 Personal Services company?
The median Current Ratio among Personal Services companies is 1.26, based on 96 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. Asukanet Co's current Current Ratio of 3.20 is 155% 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 Personal Services industry, the median Current Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asukanet Co's current Current Ratio is 3.20, which is 20% below median its own 10-year median of 4.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asukanet Co stock overvalued right now?
Based on GuruFocus' analysis, Asukanet Co (TSE:2438) is currently considered Modestly Undervalued. The stock's GF Value™ is 円507.17, compared to a current price of 円370.00 — trading 27% below its estimated fair value. The current Current Ratio is 3.20, which is 20% below median its 10-year median of 4.02 and 155% above the Personal Services industry median of 1.26. Asukanet Co's overall GF Score™ is 56/100 with 3 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 Asukanet Co (TSE:2438), the current Current Ratio is 3.20 as of Apr. 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 Asukanet Co (TSE:2438) Overvalued in 2026?

Based on GuruFocus' analysis, Asukanet Co stock appears to be undervalued. The current stock price of 円370.00 is trading 27% below its estimated GF Value™ of 円507.17. GuruFocus considers Asukanet Co to be Modestly Undervalued.

Key valuation signals for TSE:2438:

  • Current Ratio: 3.20 (20% below median its 10-year median of 4.02)
  • GF Value™: 円507.17 vs. price of 円370.00 (27% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 155% above the Personal Services median (#14 of 96)

No single metric tells the full story. See the TSE:2438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asukanet Co Business Description

Address 3-28-14 Gion, Asaminami-ku, Hiroshima, JPN
Asukanet Co Ltd is engaged in the business of memorial design services which provides digital processing services for portraits of deceased persons, and the provision of funeral-related production services. It is also engaged in the manufacture and sale of individual photo albums. It is also involved in the research and marketing activities related to aerial imaging technology.
56GF Score

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

円370.00
Price
円507.17
GF Value