Kyoei Steel (TSE:5440) Current Ratio: 2.15 (As of Mar. 2026) — Near Median


TSE:5440 Kyoei Steel Ltd TSE:5440
74 GF Score
Price 円1,781.00
GF Value 円2,019.28
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Kyoei Steel Current Ratio?

Kyoei Steel TSE:5440 +1.31% 74 Current Ratio is 2.15 as of Mar. 2026, which is 2% above its 10-year median of 2.10. GuruFocus rates TSE:5440 with a GF Score™ of 74/100 and a GF Value™ of 円2,019.28 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 635 Steel companies, Kyoei Steel ranks better than 62.52% 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. Kyoei Steel's current ratio for the quarter that ended in Mar. 2026 was 2.15.

Kyoei Steel has a current ratio of 2.15. It generally indicates good short-term financial strength.

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

TSE:5440' s Current Ratio Range Over the Past 10 Years
Min: 1.94   Med: 2.1   Max: 2.32
Current: 2.15

During the past 13 years, Kyoei Steel's highest Current Ratio was 2.32. The lowest was 1.94. And the median was 2.10.

TSE:5440's Current Ratio is ranked better than
62.52% of 635 companies
in the Steel industry
Industry Median: 1.63 vs TSE:5440: 2.15

Kyoei Steel  (TSE:5440) 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.


Kyoei Steel Current Ratio Related Terms


Kyoei Steel Current Ratio Historical Data

* Premium members only.

The historical data trend for Kyoei Steel'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.

Kyoei Steel Current Ratio Chart

Kyoei Steel 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 2.09 2.11 2.05 2.05 2.15

Kyoei Steel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.05 1.91 1.94 1.99 2.15

TSE:5440 vs NUE, STLD, RS: Current Ratio Comparison

For the Steel subindustry, Kyoei Steel'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.


Kyoei Steel Current Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Kyoei Steel's Current Ratio distribution charts can be found below:

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


TSE:5440
74GF Score
Kyoei Steel Ltd TSE:5440
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kyoei Steel 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.

Kyoei Steel'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 )
=221057/102677
=2.15

Kyoei Steel'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 )
=221057/102677
=2.15

* 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 2.15 mean?
Kyoei Steel (TSE:5440) has a Current Ratio of 2.15 as of Mar. 2026. This is near median its historical median of 2.10. Over the past decade, Kyoei Steel's Current Ratio has ranged from 1.94 to 2.32. According to the industry distribution chart, Kyoei Steel ranks #238 out of 635 companies in the Steel industry, placing it in the top 37.5%.
Is Kyoei Steel's Current Ratio too high?
Kyoei Steel's current Current Ratio of 2.15 is near median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 2.32. The Steel industry median Current Ratio is 1.63. Kyoei Steel's value of 2.15 is 31.9% above this industry median. Based on the distribution chart, Kyoei Steel ranks #238 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, Kyoei Steel has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyoei Steel's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Kyoei Steel ranks #238 out of 635 companies for Current Ratio. This puts Kyoei Steel in the upper half of its industry. The industry median Current Ratio is 1.63. Kyoei Steel's value of 2.15 is 31.9% above this benchmark. Historically, Kyoei Steel's own Current Ratio has ranged from 1.94 to 2.32 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 1.63, Kyoei Steel 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 635 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. Kyoei Steel's current Current Ratio of 2.15 is 31.9% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyoei Steel's current Current Ratio is 2.15, which is near median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyoei Steel stock overvalued right now?
Based on GuruFocus' analysis, Kyoei Steel (TSE:5440) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,019.28, compared to a current price of 円1,781.00 — trading 11.8% below its estimated fair value. The current Current Ratio is 2.15, which is near median its 10-year median of 2.10 and 31.9% above the Steel industry median of 1.63. Kyoei Steel's overall GF Score™ is 74/100 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 Kyoei Steel (TSE:5440), the current Current Ratio is 2.15 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 Kyoei Steel (TSE:5440) Overvalued in 2026?

Based on GuruFocus' analysis, Kyoei Steel stock appears to be undervalued. The current stock price of 円1,781.00 is trading 11.8% below its estimated GF Value™ of 円2,019.28. GuruFocus considers Kyoei Steel to be Modestly Undervalued.

Key valuation signals for TSE:5440:

  • Current Ratio: 2.15 (near median its 10-year median of 2.10)
  • GF Value™: 円2,019.28 vs. price of 円1,781.00 (11.8% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 31.9% above the Steel median (#238 of 635)

No single metric tells the full story. See the TSE:5440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyoei Steel Business Description

Address Issue 16 No. 4-chome, Kita-ku, Dojimahama, Osaka, JPN, 5300004
Kyoei Steel Ltd is involved in the business Steel and Material recycling. Its primary activities include manufacture, processing, and sale of steel billets and products, collection, transportation and treatment of general, industrial and medical waste, recycling of automobiles and industrial waste, processing assembly of rebars, designing of steel production plants and sale of steelmaking technology. The firm's products include concrete steel bars, flat bars, I-beams, equal angle bars etc.
74GF Score

Get the complete analysis for TSE:5440

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

円1,781.00
Price
円2,019.28
GF Value