Eltes Co (TSE:3967) Current Ratio: 1.28 (As of Feb. 2026) — 66% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3967 Eltes Co Ltd TSE:3967
64 GF Score
Price 円580.00
GF Value 円973.97
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Eltes Co Current Ratio?

Eltes Co TSE:3967 -0.17% 64 Current Ratio is 1.28 as of Feb. 2026, which is 66% below its 10-year median of 3.73. GuruFocus rates TSE:3967 with a GF Score™ of 64/100 and a GF Value™ of 円973.97 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,870 Software companies, Eltes Co ranks worse than 68.33% 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. Eltes Co's current ratio for the quarter that ended in Feb. 2026 was 1.28.

Eltes Co has a current ratio of 1.28. It generally indicates good short-term financial strength.

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

TSE:3967' s Current Ratio Range Over the Past 10 Years
Min: 1.28   Med: 3.73   Max: 9.35
Current: 1.28

During the past 12 years, Eltes Co's highest Current Ratio was 9.35. The lowest was 1.28. And the median was 3.73.

TSE:3967's Current Ratio is ranked worse than
68.33% of 2870 companies
in the Software industry
Industry Median: 1.81 vs TSE:3967: 1.28

Eltes Co  (TSE:3967) 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.


Eltes Co Current Ratio Related Terms


Eltes Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Eltes 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.

Eltes Co Current Ratio Chart

Eltes Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.13 1.87 1.44 1.32 1.28

Eltes Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.44 1.31 1.32 1.29 1.28

TSE:3967 vs UBER, SHOP, CRM: Current Ratio Comparison

For the Software - Application subindustry, Eltes 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.


Eltes Co Current Ratio vs Software Industry

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

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


TSE:3967
64GF Score
Eltes Co Ltd TSE:3967
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eltes 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.

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

Current Ratio (A: Feb. 2026 )=Total Current Assets (A: Feb. 2026 )/Total Current Liabilities (A: Feb. 2026 )
=4332.08/3372.969
=1.28

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

Current Ratio (Q: Feb. 2026 )=Total Current Assets (Q: Feb. 2026 )/Total Current Liabilities (Q: Feb. 2026 )
=4332.08/3372.969
=1.28

* 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 1.28 mean?
Eltes Co (TSE:3967) has a Current Ratio of 1.28 as of Feb. 2026. This is 66% below median its historical median of 3.73. Over the past decade, Eltes Co's Current Ratio has ranged from 1.28 to 9.35. According to the industry distribution chart, Eltes Co ranks #1961 out of 2870 companies in the Software industry, placing it in the top 68.3%.
Is Eltes Co's Current Ratio too high?
Eltes Co's current Current Ratio of 1.28 is 66% below median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 9.35. The Software industry median Current Ratio is 1.81. Eltes Co's value of 1.28 is 29.3% below this industry median. Based on the distribution chart, Eltes Co ranks #1961 out of 2870 companies in the Software industry, which is below the industry midpoint. Overall, Eltes Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eltes Co's Current Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Eltes Co ranks #1961 out of 2870 companies for Current Ratio. This places Eltes Co in the lower half of its industry. The industry median Current Ratio is 1.81. Eltes Co's value of 1.28 is 29.3% below this benchmark. Historically, Eltes Co's own Current Ratio has ranged from 1.28 to 9.35 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 1.81, Eltes Co has consistently been below 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 1.81, based on 2,870 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. Eltes Co's current Current Ratio of 1.28 is 29.3% below 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 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eltes Co's current Current Ratio is 1.28, which is 66% below median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltes Co stock overvalued right now?
Based on GuruFocus' analysis, Eltes Co (TSE:3967) is currently considered Possible Value Trap. The stock's GF Value™ is 円973.97, compared to a current price of 円580.00 — trading 40.4% below its estimated fair value. The current Current Ratio is 1.28, which is 66% below median its 10-year median of 3.73 and 29.3% below the Software industry median of 1.81. Eltes Co's overall GF Score™ is 64/100 with 6 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 Eltes Co (TSE:3967), the current Current Ratio is 1.28 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 Eltes Co (TSE:3967) Overvalued in 2026?

Based on GuruFocus' analysis, Eltes Co stock appears to be undervalued. The current stock price of 円580.00 is trading 40.4% below its estimated GF Value™ of 円973.97. GuruFocus considers Eltes Co to be Possible Value Trap.

Key valuation signals for TSE:3967:

  • Current Ratio: 1.28 (66% below median its 10-year median of 3.73)
  • GF Value™: 円973.97 vs. price of 円580.00 (40.4% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 29.3% below the Software median (#1961 of 2870)

No single metric tells the full story. See the TSE:3967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eltes Co Business Description

Address 2-3 Shiwa Chuo Ekimae, Shiwa-gun, Shiwa-cho, Iwate Prefecture, JPN, 100-6006
Eltes Co Ltd provides consultation services based on digital risk technology for database risk and other large storage protection in Japan. It also offers internal fraud detection services that enable the prevention of information security breaches caused by internal factors; and a service that includes detection and diagnosis of security breaches caused by external factors.
64GF Score

Get the complete analysis for TSE:3967

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

円580.00
Price
円973.97
GF Value