Lion Office Products (TSE:423A) Current Ratio: 1.98 (As of Mar. 2026) — 10% Above Median

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TSE:423A Lion Office Products Corp TSE:423A
16 GF Score
Price 円303.00
! 2 Warning Signs
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What is Lion Office Products Current Ratio?

Lion Office Products TSE:423A -1.30% 16 Current Ratio is 1.98 as of Mar. 2026, which is 10% above its 10-year median of 1.80. GuruFocus rates TSE:423A with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 3,072 Industrial Products companies, Lion Office Products ranks better than 50.78% 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. Lion Office Products's current ratio for the quarter that ended in Mar. 2026 was 1.98.

Lion Office Products has a current ratio of 1.98. It generally indicates good short-term financial strength.

The historical rank and industry rank for Lion Office Products's Current Ratio or its related term are showing as below:

TSE:423A' s Current Ratio Range Over the Past 10 Years
Min: 1.72   Med: 1.8   Max: 1.98
Current: 1.98

During the past 3 years, Lion Office Products's highest Current Ratio was 1.98. The lowest was 1.72. And the median was 1.80.

TSE:423A's Current Ratio is ranked better than
50.78% of 3072 companies
in the Industrial Products industry
Industry Median: 1.96 vs TSE:423A: 1.98

Lion Office Products  (TSE:423A) 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.


Lion Office Products Current Ratio Related Terms


Lion Office Products Current Ratio Historical Data

* Premium members only.

The historical data trend for Lion Office Products'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.

Lion Office Products Current Ratio Chart

Lion Office Products Annual Data
Trend Sep23 Sep24 Sep25
Current Ratio
1.72 1.75 1.76

Lion Office Products Quarterly Data
Sep23 Sep24 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial 1.75 1.84 1.76 1.89 1.98

Lion Office Products Current Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Lion Office Products'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.


Lion Office Products Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lion Office Products's Current Ratio distribution charts can be found below:

* The bar in red indicates where Lion Office Products's Current Ratio falls into.


TSE:423A
16GF Score
Lion Office Products Corp TSE:423A
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lion Office Products 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.

Lion Office Products's Current Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Current Ratio (A: Sep. 2025 )=Total Current Assets (A: Sep. 2025 )/Total Current Liabilities (A: Sep. 2025 )
=18337/10395
=1.76

Lion Office Products's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=19228/9712
=1.98

* 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 1.98 mean?
Lion Office Products (TSE:423A) has a Current Ratio of 1.98 as of Mar. 2026. This is 10% above median its historical median of 1.80. Over the past decade, Lion Office Products' Current Ratio has ranged from 1.72 to 1.98. According to the industry distribution chart, Lion Office Products ranks #1512 out of 3072 companies in the Industrial Products industry, placing it in the top 49.2%.
Is Lion Office Products' Current Ratio too high?
Lion Office Products' current Current Ratio of 1.98 is 10% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 1.98. The Industrial Products industry median Current Ratio is 1.96. Lion Office Products' value of 1.98 is 1% above this industry median. Based on the distribution chart, Lion Office Products ranks #1512 out of 3072 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Lion Office Products has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Lion Office Products' Current Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Lion Office Products ranks #1512 out of 3072 companies for Current Ratio. This puts Lion Office Products in the upper half of its industry. The industry median Current Ratio is 1.96. Lion Office Products' value of 1.98 is 1% above this benchmark. Historically, Lion Office Products' own Current Ratio has ranged from 1.72 to 1.98 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.96, Lion Office Products 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,072 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. Lion Office Products's current Current Ratio of 1.98 is 1% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lion Office Products's current Current Ratio is 1.98, which is 10% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lion Office Products stock overvalued right now?
Lion Office Products (TSE:423A) has a current Current Ratio of 1.98. The current Current Ratio is 1.98, which is 10% above median its 10-year median of 1.80 and 1% above the Industrial Products industry median of 1.96. Lion Office Products' overall GF Score™ is 16/100 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 Lion Office Products (TSE:423A), the current Current Ratio is 1.98 as of Mar. 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.

Lion Office Products Business Description

Address 2-6-11 Higashinakano, Nakano-ku, Tokyo, JPN, 164-0003
Lion Office Products Corp is engaged in Manufacture and sales of stationery, office supplies and office furniture/Office space design, construction, interior finishing work/Sales of ICT devices in the education market/E-commerce.
16GF Score

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

円303.00
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