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. Nissei Plastic Industrial Co's current ratio for the quarter that ended in Sep. 2025 was 1.79.
Nissei Plastic Industrial Co has a current ratio of 1.79. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nissei Plastic Industrial Co's Current Ratio or its related term are showing as below:
TSE:6293'
s Current Ratio Range Over the Past 10 Years
Min: 1.79 Med: 2.23 Max: 2.71
Current: 1.79
During the past 13 years, Nissei Plastic Industrial Co's highest Current Ratio was 2.71. The lowest was 1.79. And the median was 2.23.
TSE:6293's Current Ratio is not ranked
in the Industrial Products industry.
Industry Median: 1.96
vs TSE:6293: 1.79
Nissei Plastic Industrial Co (TSE:6293) 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.
Nissei Plastic Industrial Co Current Ratio Related Terms
Nissei Plastic Industrial 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:6293 vs GEV, ETN, PH: Current Ratio Comparison
For the Specialty Industrial Machinery subindustry, Nissei Plastic Industrial 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.
Nissei Plastic Industrial Co Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nissei Plastic Industrial Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Nissei Plastic Industrial 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.
Nissei Plastic Industrial Co (TSE:6293) has a Current Ratio of 1.79 as of Sep. 2025. This is 20% below median its historical median of 2.23. Over the past decade, Nissei Plastic Industrial Co's Current Ratio has ranged from 1.79 to 2.71.
Is Nissei Plastic Industrial Co's Current Ratio too high?
Nissei Plastic Industrial Co's current Current Ratio of 1.79 is 20% below median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 2.71. The Industrial Products industry median Current Ratio is 1.96. Nissei Plastic Industrial Co's value of 1.79 is 8.7% below this industry median. Overall, Nissei Plastic Industrial Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Nissei Plastic Industrial Co's Current Ratio compare to GEV and ETN?
Nissei Plastic Industrial Co's Current Ratio of 1.79 can be compared against companies in the Industrial Products industry. The industry median Current Ratio is 1.96. Nissei Plastic Industrial Co's value of 1.79 is 8.7% below this benchmark. Historically, Nissei Plastic Industrial Co's own Current Ratio has ranged from 1.79 to 2.71 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.96, Nissei Plastic Industrial Co 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 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. Nissei Plastic Industrial Co's current Current Ratio of 1.79 is 8.7% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissei Plastic Industrial Co's current Current Ratio is 1.79, which is 20% below median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissei Plastic Industrial Co stock overvalued right now?
Nissei Plastic Industrial Co (TSE:6293) has a current Current Ratio of 1.79. The stock's GF Value™ is 円943.08, compared to a current price of 円873.00 — trading 7.4% below its estimated fair value. The current Current Ratio is 1.79, which is 20% below median its 10-year median of 2.23 and 8.7% below the Industrial Products industry median of 1.96. Nissei Plastic Industrial Co's overall GF Score™ is 44/100 with 8 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 Nissei Plastic Industrial Co (TSE:6293), the current Current Ratio is 1.79 as of Sep. 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 Nissei Plastic Industrial Co (TSE:6293) Overvalued in 2026?
Based on GuruFocus' analysis, Nissei Plastic Industrial Co stock appears to be undervalued.
The current stock price of 円873.00 is trading 7.4% below its estimated GF Value™ of 円943.08.
Key valuation signals for TSE:6293:
Current Ratio: 1.79 (20% below median its 10-year median of 2.23)
GF Value™: 円943.08 vs. price of 円873.00 (7.4% below fair value)
Industry Position: 8.7% below the Industrial Products median
No single metric tells the full story. See the TSE:6293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissei Plastic Industrial Co Ltd is an injection molding machine manufacturer. Its products made by injection molding machines are used to provide food, medical care, and a variety of other goods to consumers around the world. The company's products include Horizontal Injection Molding Machine, Vertical Injection Molding Machine, Special Injection Molding Machine, and Quality & Production Control System.
44GF Score
Get the complete analysis for TSE:6293
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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