Note (TSE:5243) Current Ratio: 1.92 (As of Nov. 2025) — Near Median


TSE:5243 Note Inc TSE:5243
55 GF Score
Price 円1,920.00
GF Value 円998.38
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Note Current Ratio?

Note TSE:5243 55 Current Ratio is 1.92 as of Nov. 2025, which is 1% below its 10-year median of 1.93. GuruFocus rates TSE:5243 with a GF Score™ of 55/100 and a GF Value™ of 円998.38 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,865 Software companies, Note ranks better than 69.98% 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. Note's current ratio for the quarter that ended in Nov. 2025 was 1.92.

Note has a current ratio of 1.92. It generally indicates good short-term financial strength.

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

TSE:5243' s Current Ratio Range Over the Past 10 Years
Min: 1.61   Med: 1.93   Max: 2.76
Current: 2.76

During the past 6 years, Note's highest Current Ratio was 2.76. The lowest was 1.61. And the median was 1.93.

TSE:5243's Current Ratio is ranked better than
69.98% of 2865 companies
in the Software industry
Industry Median: 1.81 vs TSE:5243: 2.76

Note  (TSE:5243) 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.


Note Current Ratio Related Terms


Note Current Ratio Historical Data

* Premium members only.

The historical data trend for Note'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.

Note Current Ratio Chart

Note Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Current Ratio
Get a 7-Day Free Trial 1.61 2.41 1.94 1.79 1.92

Note Quarterly Data
Nov20 Nov21 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 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 1.99 1.63 1.89 1.92 2.76

TSE:5243 vs UBER, SHOP, CRM: Current Ratio Comparison

For the Software - Application subindustry, Note'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.


Note Current Ratio vs Software Industry

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

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


TSE:5243
55GF Score
Note Inc TSE:5243
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Note 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.

Note's Current Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Current Ratio (A: Nov. 2025 )=Total Current Assets (A: Nov. 2025 )/Total Current Liabilities (A: Nov. 2025 )
=5099.676/2654.088
=1.92

Note's Current Ratio for the quarter that ended in Nov. 2025 is calculated as

Current Ratio (Q: Nov. 2025 )=Total Current Assets (Q: Nov. 2025 )/Total Current Liabilities (Q: Nov. 2025 )
=5099.676/2654.088
=1.92

* 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 1.92 mean?
Note (TSE:5243) has a Current Ratio of 1.92 as of Nov. 2025. This is near median its historical median of 1.93. Over the past decade, Note's Current Ratio has ranged from 1.61 to 2.76. According to the industry distribution chart, Note ranks #860 out of 2865 companies in the Software industry, placing it in the top 30%.
Is Note's Current Ratio too high?
Note's current Current Ratio of 1.92 is near median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 2.76. The Software industry median Current Ratio is 1.81. Note's value of 1.92 is 6.1% above this industry median. Based on the distribution chart, Note ranks #860 out of 2865 companies in the Software industry, which is above the industry midpoint. Overall, Note has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Note's Current Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Note ranks #860 out of 2865 companies for Current Ratio. This puts Note in the upper half of its industry. The industry median Current Ratio is 1.81. Note's value of 1.92 is 6.1% above this benchmark. Historically, Note's own Current Ratio has ranged from 1.61 to 2.76 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 1.81, Note 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 Software company?
The median Current Ratio among Software companies is 1.81, based on 2,865 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. Note's current Current Ratio of 1.92 is 6.1% 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 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. Note's current Current Ratio is 1.92, which is near median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Note stock overvalued right now?
Based on GuruFocus' analysis, Note (TSE:5243) is currently considered Significantly Overvalued. The stock's GF Value™ is 円998.38, compared to a current price of 円1,920.00 — trading 92.3% above its estimated fair value. The current Current Ratio is 1.92, which is near median its 10-year median of 1.93 and 6.1% above the Software industry median of 1.81. Note's overall GF Score™ is 55/100 with 3 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 Note (TSE:5243), the current Current Ratio is 1.92 as of Nov. 2025. 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 Note (TSE:5243) Overvalued in 2026?

Based on GuruFocus' analysis, Note stock appears to be overvalued. The current stock price of 円1,920.00 is trading 92.3% above its estimated GF Value™ of 円998.38. GuruFocus considers Note to be Significantly Overvalued.

Key valuation signals for TSE:5243:

  • Current Ratio: 1.92 (near median its 10-year median of 1.93)
  • GF Value™: 円998.38 vs. price of 円1,920.00 (92.3% above fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 6.1% above the Software median (#860 of 2865)

No single metric tells the full story. See the TSE:5243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Note Business Description

Address 3-1-2 Kitaaoyama, Minato-ku, Tokyo, JPN, 107-0061
Website https://note.jp
Note Inc is engaged in the operation of C2C content platform.
55GF Score

Get the complete analysis for TSE:5243

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

円1,920.00
Price
円998.38
GF Value