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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. Japan Pure Chemical Co's current ratio for the quarter that ended in Mar. 2026 was 15.67.
Japan Pure Chemical Co has a current ratio of 15.67. 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 Japan Pure Chemical Co's Current Ratio or its related term are showing as below:
TSE:4973'
s Current Ratio Range Over the Past 10 Years
Min: 7.76 Med: 12.37 Max: 32.94
Current: 15.67
During the past 13 years, Japan Pure Chemical Co's highest Current Ratio was 32.94. The lowest was 7.76. And the median was 12.37.
TSE:4973's Current Ratio is ranked better than 98.32% of 1605
companies
in the Chemicals industry
Industry Median: 1.89
vs TSE:4973: 15.67
Japan Pure Chemical Co (TSE:4973) 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.
Japan Pure Chemical Co Current Ratio Related Terms
Japan Pure Chemical 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.
TSE:4973 vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Japan Pure Chemical 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.
Japan Pure Chemical Co Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Japan Pure Chemical Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Japan Pure Chemical 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.
Japan Pure Chemical Co (TSE:4973) has a Current Ratio of 15.67 as of Mar. 2026. This is 27% above median its historical median of 12.37. Over the past decade, Japan Pure Chemical Co's Current Ratio has ranged from 7.76 to 32.94. According to the industry distribution chart, Japan Pure Chemical Co ranks #27 out of 1605 companies in the Chemicals industry, placing it in the top 1.7%.
Is Japan Pure Chemical Co's Current Ratio too high?
Japan Pure Chemical Co's current Current Ratio of 15.67 is 27% above median its 10-year median of 12.37. Over the past 10 years, this metric has ranged from a low of 7.76 to a high of 32.94. The Chemicals industry median Current Ratio is 1.89. Japan Pure Chemical Co's value of 15.67 is 729.1% above this industry median. Based on the distribution chart, Japan Pure Chemical Co ranks #27 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Pure Chemical Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Pure Chemical Co's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Japan Pure Chemical Co ranks #27 out of 1605 companies for Current Ratio. This places Japan Pure Chemical Co in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Japan Pure Chemical Co's value of 15.67 is 729.1% above this benchmark. Historically, Japan Pure Chemical Co's own Current Ratio has ranged from 7.76 to 32.94 over the past decade. While the company's 10-year median is 12.37 vs. the industry median of 1.89, Japan Pure Chemical 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,605 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. Japan Pure Chemical Co's current Current Ratio of 15.67 is 729.1% 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 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. Japan Pure Chemical Co's current Current Ratio is 15.67, which is 27% above median its own 10-year median of 12.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Pure Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Pure Chemical Co (TSE:4973) is currently considered Fairly Valued. The stock's GF Value™ is 円4,583.02, compared to a current price of 円4,910.00 — trading 7.1% above its estimated fair value. The current Current Ratio is 15.67, which is 27% above median its 10-year median of 12.37 and 729.1% above the Chemicals industry median of 1.89. Japan Pure Chemical Co's overall GF Score™ is 70/100 with 5 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 Japan Pure Chemical Co (TSE:4973), the current Current Ratio is 15.67 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 Japan Pure Chemical Co (TSE:4973) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Pure Chemical Co stock appears to be overvalued.
The current stock price of 円4,910.00 is trading 7.1% above its estimated GF Value™ of 円4,583.02.
GuruFocus considers Japan Pure Chemical Co to be Fairly Valued.
Key valuation signals for TSE:4973:
Current Ratio: 15.67 (27% above median its 10-year median of 12.37)
GF Value™: 円4,583.02 vs. price of 円4,910.00 (7.1% above fair value)
Industry Position: 729.1% above the Chemicals median (#27 of 1605)
No single metric tells the full story. See the TSE:4973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Pure Chemical Co Ltd develops, manufactures, and sells precious metal plating chemicals for electronic devices in Japan. It offers gold electroplating formulation for semiconductor applications such as connector and soldering uses; and palladium electroplating formulation for the connector, lead frame, and decorative uses. The firm also provides a gold coating for soldering and wire bonding; electroless palladium plating formulation for wire bonding and soldering uses; and silver plating formulations. In addition, it offers strike gold plating formulation that enhances the adherence of plated coatings.
70GF Score
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