Kitagawa (TSE:6317) Current Ratio: 1.85 (As of Mar. 2026) — 10% Above Median


TSE:6317 Kitagawa Corp TSE:6317
68 GF Score
Price 円1,678.00
GF Value 円1,407.43
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Kitagawa Current Ratio?

Kitagawa TSE:6317 +0.24% 68 Current Ratio is 1.85 as of Mar. 2026, which is 10% above its 10-year median of 1.68. GuruFocus rates TSE:6317 with a GF Score™ of 68/100 and a GF Value™ of 円1,407.43 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,073 Industrial Products companies, Kitagawa ranks worse than 54.12% 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. Kitagawa's current ratio for the quarter that ended in Mar. 2026 was 1.85.

Kitagawa has a current ratio of 1.85. It generally indicates good short-term financial strength.

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

TSE:6317' s Current Ratio Range Over the Past 10 Years
Min: 1.52   Med: 1.68   Max: 1.85
Current: 1.85

During the past 13 years, Kitagawa's highest Current Ratio was 1.85. The lowest was 1.52. And the median was 1.68.

TSE:6317's Current Ratio is ranked worse than
54.12% of 3073 companies
in the Industrial Products industry
Industry Median: 1.96 vs TSE:6317: 1.85

Kitagawa  (TSE:6317) 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.


Kitagawa Current Ratio Related Terms


Kitagawa Current Ratio Historical Data

* Premium members only.

The historical data trend for Kitagawa'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.

Kitagawa Current Ratio Chart

Kitagawa 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 1.84 1.67 1.68 1.63 1.85

Kitagawa Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.68 1.80 1.63 1.86 1.85

TSE:6317 vs GEV, ETN, PH: Current Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kitagawa'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.


Kitagawa Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kitagawa's Current Ratio distribution charts can be found below:

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


TSE:6317
68GF Score
Kitagawa Corp TSE:6317
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kitagawa 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.

Kitagawa'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 )
=42114/22731
=1.85

Kitagawa'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 )
=42114/22731
=1.85

* 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 1.85 mean?
Kitagawa (TSE:6317) has a Current Ratio of 1.85 as of Mar. 2026. This is 10% above median its historical median of 1.68. Over the past decade, Kitagawa's Current Ratio has ranged from 1.52 to 1.85. According to the industry distribution chart, Kitagawa ranks #1663 out of 3073 companies in the Industrial Products industry, placing it in the top 54.1%.
Is Kitagawa's Current Ratio too high?
Kitagawa's current Current Ratio of 1.85 is 10% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 1.85. The Industrial Products industry median Current Ratio is 1.96. Kitagawa's value of 1.85 is 5.6% below this industry median. Based on the distribution chart, Kitagawa ranks #1663 out of 3073 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kitagawa has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitagawa's Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kitagawa ranks #1663 out of 3073 companies for Current Ratio. This places Kitagawa in the lower half of its industry. The industry median Current Ratio is 1.96. Kitagawa's value of 1.85 is 5.6% below this benchmark. Historically, Kitagawa's own Current Ratio has ranged from 1.52 to 1.85 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.96, Kitagawa 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. Kitagawa's current Current Ratio of 1.85 is 5.6% 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. Kitagawa's current Current Ratio is 1.85, which is 10% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitagawa stock overvalued right now?
Based on GuruFocus' analysis, Kitagawa (TSE:6317) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,407.43, compared to a current price of 円1,678.00 — trading 19.2% above its estimated fair value. The current Current Ratio is 1.85, which is 10% above median its 10-year median of 1.68 and 5.6% below the Industrial Products industry median of 1.96. Kitagawa's overall GF Score™ is 68/100 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 Kitagawa (TSE:6317), the current Current Ratio is 1.85 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 Kitagawa (TSE:6317) Overvalued in 2026?

Based on GuruFocus' analysis, Kitagawa stock appears to be overvalued. The current stock price of 円1,678.00 is trading 19.2% above its estimated GF Value™ of 円1,407.43. GuruFocus considers Kitagawa to be Modestly Overvalued.

Key valuation signals for TSE:6317:

  • Current Ratio: 1.85 (10% above median its 10-year median of 1.68)
  • GF Value™: 円1,407.43 vs. price of 円1,678.00 (19.2% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 5.6% below the Industrial Products median (#1663 of 3073)

No single metric tells the full story. See the TSE:6317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kitagawa Business Description

Address 77-1 Motomachi, Fuchu-shi, Hiroshima, JPN, 726-8610
Kitagawa Corp is the diversified machinery manufacturing company based in Japan. It is specialised in three core businesses: the production and development of casting and machining techniques of metal raw materials; supplying power chucks and numerically controlled rotary tables to the global machine tool industry; constructing custom-made concrete and recycling plants as well as providing construction machinery for various projects, including bridge erection and self-propelled multi-floor parking. The company has an operational presence across the United Kingdom, the United States of America, China, Taiwan, Australia, Germany and other regions.
68GF Score

Get the complete analysis for TSE:6317

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

円1,678.00
Price
円1,407.43
GF Value