Daito Chemix (TSE:4366) Current Ratio: 1.88 (As of Mar. 2026) — 15% Below Median

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TSE:4366 Daito Chemix Corp TSE:4366
59 GF Score
Price 円463.00
GF Value 円258.46
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Daito Chemix Current Ratio?

Daito Chemix TSE:4366 -0.64% 59 Current Ratio is 1.88 as of Mar. 2026, which is 15% below its 10-year median of 2.22. GuruFocus rates TSE:4366 with a GF Score™ of 59/100 and a GF Value™ of 円258.46 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,606 Chemicals companies, Daito Chemix ranks worse than 50.31% 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. Daito Chemix's current ratio for the quarter that ended in Mar. 2026 was 1.88.

Daito Chemix has a current ratio of 1.88. It generally indicates good short-term financial strength.

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

TSE:4366' s Current Ratio Range Over the Past 10 Years
Min: 1.88   Med: 2.22   Max: 2.4
Current: 1.88

During the past 13 years, Daito Chemix's highest Current Ratio was 2.40. The lowest was 1.88. And the median was 2.22.

TSE:4366's Current Ratio is ranked worse than
50.31% of 1606 companies
in the Chemicals industry
Industry Median: 1.89 vs TSE:4366: 1.88

Daito Chemix  (TSE:4366) 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.


Daito Chemix Current Ratio Related Terms


Daito Chemix Current Ratio Historical Data

* Premium members only.

The historical data trend for Daito Chemix'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.

Daito Chemix Current Ratio Chart

Daito Chemix Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 1.90 2.18 2.15 1.88

Daito Chemix Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.18 2.11 2.15 2.13 1.88

TSE:4366 vs DOW: Current Ratio Comparison

For the Chemicals subindustry, Daito Chemix'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.


Daito Chemix Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Daito Chemix's Current Ratio distribution charts can be found below:

* The bar in red indicates where Daito Chemix's Current Ratio falls into.


TSE:4366
59GF Score
Daito Chemix Corp TSE:4366
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daito Chemix 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.

Daito Chemix's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=15570/8302
=1.88

Daito Chemix'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 )
=15570/8302
=1.88

* 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 1.88 mean?
Daito Chemix (TSE:4366) has a Current Ratio of 1.88 as of Mar. 2026. This is 15% below median its historical median of 2.22. Over the past decade, Daito Chemix's Current Ratio has ranged from 1.88 to 2.40. According to the industry distribution chart, Daito Chemix ranks #808 out of 1606 companies in the Chemicals industry, placing it in the top 50.3%.
Is Daito Chemix's Current Ratio too high?
Daito Chemix's current Current Ratio of 1.88 is 15% below median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 2.40. The Chemicals industry median Current Ratio is 1.89. Daito Chemix's value of 1.88 is 0.5% below this industry median. Based on the distribution chart, Daito Chemix ranks #808 out of 1606 companies in the Chemicals industry, which is below the industry midpoint. Overall, Daito Chemix has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daito Chemix's Current Ratio compare to DOW?
According to the Chemicals industry distribution chart, Daito Chemix ranks #808 out of 1606 companies for Current Ratio. This places Daito Chemix in the lower half of its industry. The industry median Current Ratio is 1.89. Daito Chemix's value of 1.88 is 0.5% below this benchmark. Historically, Daito Chemix's own Current Ratio has ranged from 1.88 to 2.40 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 1.89, Daito Chemix 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,606 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. Daito Chemix's current Current Ratio of 1.88 is 0.5% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daito Chemix's current Current Ratio is 1.88, which is 15% below median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daito Chemix stock overvalued right now?
Based on GuruFocus' analysis, Daito Chemix (TSE:4366) is currently considered Significantly Overvalued. The stock's GF Value™ is 円258.46, compared to a current price of 円463.00 — trading 79.1% above its estimated fair value. The current Current Ratio is 1.88, which is 15% below median its 10-year median of 2.22 and 0.5% below the Chemicals industry median of 1.89. Daito Chemix's overall GF Score™ is 59/100 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 Daito Chemix (TSE:4366), the current Current Ratio is 1.88 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.

Is Daito Chemix (TSE:4366) Overvalued in 2026?

Based on GuruFocus' analysis, Daito Chemix stock appears to be overvalued. The current stock price of 円463.00 is trading 79.1% above its estimated GF Value™ of 円258.46. GuruFocus considers Daito Chemix to be Significantly Overvalued.

Key valuation signals for TSE:4366:

  • Current Ratio: 1.88 (15% below median its 10-year median of 2.22)
  • GF Value™: 円258.46 vs. price of 円463.00 (79.1% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 0.5% below the Chemicals median (#808 of 1606)

No single metric tells the full story. See the TSE:4366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daito Chemix Business Description

Address 3-1-7 Matsuta-Omiya, Tsurumi-ku, Osaka, JPN
Daito Chemix Corporation is engaged in the manufacture and sale of photosensitive materials, printing materials, photography materials, recording materials, and pharmaceutical intermediates, as well as other chemical products in Japan.
59GF Score

Get the complete analysis for TSE:4366

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

円463.00
Price
円258.46
GF Value