System D (TSE:3804) Current Ratio: 2.02 (As of Apr. 2026) — 30% Above Median


TSE:3804 System D Inc TSE:3804
84 GF Score
Price 円433.00
GF Value 円550.76
Valuation Modestly Undervalued
! 3 Warning Signs
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What is System D Current Ratio?

System D TSE:3804 -1.59% 84 Current Ratio is 2.02 as of Apr. 2026, which is 30% above its 10-year median of 1.55. GuruFocus rates TSE:3804 with a GF Score™ of 84/100 and a GF Value™ of 円550.76 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,862 Software companies, System D ranks better than 55.7% 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. System D's current ratio for the quarter that ended in Apr. 2026 was 2.02.

System D has a current ratio of 2.02. It generally indicates good short-term financial strength.

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

TSE:3804' s Current Ratio Range Over the Past 10 Years
Min: 1.33   Med: 1.55   Max: 2.02
Current: 2.02

During the past 13 years, System D's highest Current Ratio was 2.02. The lowest was 1.33. And the median was 1.55.

TSE:3804's Current Ratio is ranked better than
55.7% of 2862 companies
in the Software industry
Industry Median: 1.82 vs TSE:3804: 2.02

System D  (TSE:3804) 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.


System D Current Ratio Related Terms


System D Current Ratio Historical Data

* Premium members only.

The historical data trend for System D'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.

System D Current Ratio Chart

System D Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.33 1.46 1.60 1.87

System D 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 1.51 1.60 1.85 1.87 2.02

TSE:3804 vs UBER, SHOP, CRM: Current Ratio Comparison

For the Software - Application subindustry, System D'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.


System D Current Ratio vs Software Industry

For the Software industry and Technology sector, System D's Current Ratio distribution charts can be found below:

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


TSE:3804
84GF Score
System D Inc TSE:3804
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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System D 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.

System D's Current Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Current Ratio (A: Oct. 2025 )=Total Current Assets (A: Oct. 2025 )/Total Current Liabilities (A: Oct. 2025 )
=3610.651/1926.89
=1.87

System D'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 )
=3934.573/1947.4
=2.02

* 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 2.02 mean?
System D (TSE:3804) has a Current Ratio of 2.02 as of Apr. 2026. This is 30% above median its historical median of 1.55. Over the past decade, System D's Current Ratio has ranged from 1.33 to 2.02. According to the industry distribution chart, System D ranks #1268 out of 2862 companies in the Software industry, placing it in the top 44.3%.
Is System D's Current Ratio too high?
System D's current Current Ratio of 2.02 is 30% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 2.02. The Software industry median Current Ratio is 1.82. System D's value of 2.02 is 11% above this industry median. Based on the distribution chart, System D ranks #1268 out of 2862 companies in the Software industry, which is above the industry midpoint. Overall, System D has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does System D's Current Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, System D ranks #1268 out of 2862 companies for Current Ratio. This puts System D in the upper half of its industry. The industry median Current Ratio is 1.82. System D's value of 2.02 is 11% above this benchmark. Historically, System D's own Current Ratio has ranged from 1.33 to 2.02 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 1.82, System D 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 1.82, based on 2,862 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. System D's current Current Ratio of 2.02 is 11% 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 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. System D's current Current Ratio is 2.02, which is 30% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System D stock overvalued right now?
Based on GuruFocus' analysis, System D (TSE:3804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円550.76, compared to a current price of 円433.00 — trading 21.4% below its estimated fair value. The current Current Ratio is 2.02, which is 30% above median its 10-year median of 1.55 and 11% above the Software industry median of 1.82. System D's overall GF Score™ is 84/100 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 System D (TSE:3804), the current Current Ratio is 2.02 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 System D (TSE:3804) Overvalued in 2026?

Based on GuruFocus' analysis, System D stock appears to be undervalued. The current stock price of 円433.00 is trading 21.4% below its estimated GF Value™ of 円550.76. GuruFocus considers System D to be Modestly Undervalued.

Key valuation signals for TSE:3804:

  • Current Ratio: 2.02 (30% above median its 10-year median of 1.55)
  • GF Value™: 円550.76 vs. price of 円433.00 (21.4% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 11% above the Software median (#1268 of 2862)

No single metric tells the full story. See the TSE:3804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


System D Business Description

Address 603 Karasuma-dori Sanjo Agarubanocho, Nakagyo Ward, Kyoto, JPN, 604-8172
System D Inc creates industry-specialized package software. The software development serves the schools, fitness clubs, distributors and other institutions. Its products and services include: Campus Plan, School Engine, PPP, Public Property Management System, Common Financial Accounting System, Smart Hello/Hello EX, Smart Hello Ticket/Hello Fun, Regulations Management System, and Contract creation and management system.
84GF Score

Get the complete analysis for TSE:3804

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

円433.00
Price
円550.76
GF Value