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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. Okayama Paper Industries Co's current ratio for the quarter that ended in Feb. 2026 was 3.88.
Okayama Paper Industries Co has a current ratio of 3.88. 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 Okayama Paper Industries Co's Current Ratio or its related term are showing as below:
TSE:3892'
s Current Ratio Range Over the Past 10 Years
Min: 2.29 Med: 2.69 Max: 3.52
Current: 3.52
During the past 13 years, Okayama Paper Industries Co's highest Current Ratio was 3.52. The lowest was 2.29. And the median was 2.69.
TSE:3892's Current Ratio is ranked better than 84.62% of 286
companies
in the Forest Products industry
Industry Median: 1.495
vs TSE:3892: 3.52
Okayama Paper Industries Co (TSE:3892) 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.
Okayama Paper Industries Co Current Ratio Related Terms
Okayama Paper Industries Co Current Ratio Historical Data
* 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.
Okayama Paper Industries Co Current Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Okayama Paper Industries 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.
Okayama Paper Industries Co Current Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Okayama Paper Industries Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Okayama Paper Industries Co'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.
Okayama Paper Industries Co (TSE:3892) has a Current Ratio of 3.88 as of Feb. 2026. This is 44% above median its historical median of 2.69. Over the past decade, Okayama Paper Industries Co's Current Ratio has ranged from 2.29 to 3.52. According to the industry distribution chart, Okayama Paper Industries Co ranks #44 out of 286 companies in the Forest Products industry, placing it in the top 15.4%.
Is Okayama Paper Industries Co's Current Ratio too high?
Okayama Paper Industries Co's current Current Ratio of 3.88 is 44% above median its 10-year median of 2.69. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 3.52. The Forest Products industry median Current Ratio is 1.50. Okayama Paper Industries Co's value of 3.88 is 159.5% above this industry median. Based on the distribution chart, Okayama Paper Industries Co ranks #44 out of 286 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Okayama Paper Industries Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Okayama Paper Industries Co's Current Ratio compare to competitors?
According to the Forest Products industry distribution chart, Okayama Paper Industries Co ranks #44 out of 286 companies for Current Ratio. This places Okayama Paper Industries Co in the top 15% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.50. Okayama Paper Industries Co's value of 3.88 is 159.5% above this benchmark. Historically, Okayama Paper Industries Co's own Current Ratio has ranged from 2.29 to 3.52 over the past decade. While the company's 10-year median is 2.69 vs. the industry median of 1.50, Okayama Paper Industries 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 Forest Products company?
The median Current Ratio among Forest Products companies is 1.50, based on 286 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. Okayama Paper Industries Co's current Current Ratio of 3.88 is 159.5% 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 Forest Products industry, the median Current Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayama Paper Industries Co's current Current Ratio is 3.88, which is 44% 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 Okayama Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okayama Paper Industries Co (TSE:3892) is currently considered Fairly Valued. The stock's GF Value™ is 円1,426.33, compared to a current price of 円1,570.00 — trading 10.1% above its estimated fair value. The current Current Ratio is 3.88, which is 44% above median its 10-year median of 2.69 and 159.5% above the Forest Products industry median of 1.50. Okayama Paper Industries Co's overall GF Score™ is 72/100 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 Okayama Paper Industries Co (TSE:3892), the current Current Ratio is 3.88 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 Okayama Paper Industries Co (TSE:3892) Overvalued in 2026?
Based on GuruFocus' analysis, Okayama Paper Industries Co stock appears to be overvalued.
The current stock price of 円1,570.00 is trading 10.1% above its estimated GF Value™ of 円1,426.33.
GuruFocus considers Okayama Paper Industries Co to be Fairly Valued.
Key valuation signals for TSE:3892:
Current Ratio: 3.88 (44% above median its 10-year median of 2.69)
GF Value™: 円1,426.33 vs. price of 円1,570.00 (10.1% above fair value)
Industry Position: 159.5% above the Forest Products median (#44 of 286)
No single metric tells the full story. See the TSE:3892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.
72GF Score
Get the complete analysis for TSE:3892
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