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. Bando Chemical Industries's current ratio for the quarter that ended in Mar. 2026 was 2.03.
Bando Chemical Industries has a current ratio of 2.03. It generally indicates good short-term financial strength.
The historical rank and industry rank for Bando Chemical Industries's Current Ratio or its related term are showing as below:
TSE:5195'
s Current Ratio Range Over the Past 10 Years
Min: 1.88 Med: 2.03 Max: 2.21
Current: 2.03
During the past 13 years, Bando Chemical Industries's highest Current Ratio was 2.21. The lowest was 1.88. And the median was 2.03.
TSE:5195's Current Ratio is ranked better than 52.41% of 3070
companies
in the Industrial Products industry
Industry Median: 1.97
vs TSE:5195: 2.03
Bando Chemical Industries (TSE:5195) 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.
Bando Chemical Industries Current Ratio Related Terms
Bando Chemical Industries 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:5195 vs GEV, ETN, PH: Current Ratio Comparison
For the Specialty Industrial Machinery subindustry, Bando Chemical Industries'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.
Bando Chemical Industries Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bando Chemical Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Bando Chemical Industries'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.
Bando Chemical Industries (TSE:5195) has a Current Ratio of 2.03 as of Mar. 2026. This is near median its historical median of 2.03. Over the past decade, Bando Chemical Industries' Current Ratio has ranged from 1.88 to 2.21. According to the industry distribution chart, Bando Chemical Industries ranks #1461 out of 3070 companies in the Industrial Products industry, placing it in the top 47.6%.
Is Bando Chemical Industries' Current Ratio too high?
Bando Chemical Industries' current Current Ratio of 2.03 is near median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 2.21. The Industrial Products industry median Current Ratio is 1.97. Bando Chemical Industries' value of 2.03 is 3% above this industry median. Based on the distribution chart, Bando Chemical Industries ranks #1461 out of 3070 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Bando Chemical Industries has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bando Chemical Industries' Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bando Chemical Industries ranks #1461 out of 3070 companies for Current Ratio. This puts Bando Chemical Industries in the upper half of its industry. The industry median Current Ratio is 1.97. Bando Chemical Industries' value of 2.03 is 3% above this benchmark. Historically, Bando Chemical Industries' own Current Ratio has ranged from 1.88 to 2.21 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 1.97, Bando Chemical Industries 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 1.97, based on 3,070 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. Bando Chemical Industries's current Current Ratio of 2.03 is 3% 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 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bando Chemical Industries's current Current Ratio is 2.03, which is near median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bando Chemical Industries stock overvalued right now?
Based on GuruFocus' analysis, Bando Chemical Industries (TSE:5195) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,987.40, compared to a current price of 円2,231.00 — trading 12.3% above its estimated fair value. The current Current Ratio is 2.03, which is near median its 10-year median of 2.03 and 3% above the Industrial Products industry median of 1.97. Bando Chemical Industries' overall GF Score™ is 84/100 with 4 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 Bando Chemical Industries (TSE:5195), the current Current Ratio is 2.03 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 Bando Chemical Industries (TSE:5195) Overvalued in 2026?
Based on GuruFocus' analysis, Bando Chemical Industries stock appears to be overvalued.
The current stock price of 円2,231.00 is trading 12.3% above its estimated GF Value™ of 円1,987.40.
GuruFocus considers Bando Chemical Industries to be Modestly Overvalued.
Key valuation signals for TSE:5195:
Current Ratio: 2.03 (near median its 10-year median of 2.03)
GF Value™: 円1,987.40 vs. price of 円2,231.00 (12.3% above fair value)
Industry Position: 3% above the Industrial Products median (#1461 of 3070)
No single metric tells the full story. See the TSE:5195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bando Chemical Industries Ltd manufactures and sells rubber and plastic products such as power transmission belts and systems, belts used in precision equipment, and multimedia parts made form urethane and resins. It operates its business under Belt, Advanced Elastomer Products, and Other segments. Belt segment manufactures and sells transmission belts for automobiles and general industry use, conveyor belts, resin conveyor belts, synchronous conveyor belts, transportation system products, hulling roll and railway track product, among others. Elastomer segment manufactures and sells polyurethane functional components, precision abrasives, films for building materials, medical films and industrial films, among others. Bando earns the majority of its revenue from Belt business.
84GF Score
Get the complete analysis for TSE:5195
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:5195 has been successfully added to your 
