River Eletec (TSE:6666) Current Ratio: 2.52 (As of Mar. 2026) — 62% Above Median

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TSE:6666 River Eletec Corp TSE:6666
51 GF Score
Price 円773.00
GF Value 円482.54
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is River Eletec Current Ratio?

River Eletec TSE:6666 -0.51% 51 Current Ratio is 2.52 as of Mar. 2026, which is 62% above its 10-year median of 1.56. GuruFocus rates TSE:6666 with a GF Score™ of 51/100 and a GF Value™ of 円482.54 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,495 Hardware companies, River Eletec ranks better than 64.73% 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. River Eletec's current ratio for the quarter that ended in Mar. 2026 was 2.52.

River Eletec has a current ratio of 2.52. It generally indicates good short-term financial strength.

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

TSE:6666' s Current Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.56   Max: 2.52
Current: 2.52

During the past 13 years, River Eletec's highest Current Ratio was 2.52. The lowest was 1.12. And the median was 1.56.

TSE:6666's Current Ratio is ranked better than
64.73% of 2495 companies
in the Hardware industry
Industry Median: 1.95 vs TSE:6666: 2.52

River Eletec  (TSE:6666) 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.


River Eletec Current Ratio Related Terms


River Eletec Current Ratio Historical Data

* Premium members only.

The historical data trend for River Eletec'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.

River Eletec Current Ratio Chart

River Eletec 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 1.73 2.12 2.01 2.27 2.52

River Eletec 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 2.01 1.98 2.27 2.43 2.52

TSE:6666 vs APH, GLW, TEL: Current Ratio Comparison

For the Electronic Components subindustry, River Eletec'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.


River Eletec Current Ratio vs Hardware Industry

For the Hardware industry and Technology sector, River Eletec's Current Ratio distribution charts can be found below:

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


TSE:6666
51GF Score
River Eletec Corp TSE:6666
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

River Eletec 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.

River Eletec'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 )
=6599.855/2619.296
=2.52

River Eletec'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 )
=6599.855/2619.296
=2.52

* 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 2.52 mean?
River Eletec (TSE:6666) has a Current Ratio of 2.52 as of Mar. 2026. This is 62% above median its historical median of 1.56. Over the past decade, River Eletec's Current Ratio has ranged from 1.12 to 2.52. According to the industry distribution chart, River Eletec ranks #880 out of 2495 companies in the Hardware industry, placing it in the top 35.3%.
Is River Eletec's Current Ratio too high?
River Eletec's current Current Ratio of 2.52 is 62% above median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 2.52. The Hardware industry median Current Ratio is 1.95. River Eletec's value of 2.52 is 29.2% above this industry median. Based on the distribution chart, River Eletec ranks #880 out of 2495 companies in the Hardware industry, which is above the industry midpoint. Overall, River Eletec has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does River Eletec's Current Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, River Eletec ranks #880 out of 2495 companies for Current Ratio. This puts River Eletec in the upper half of its industry. The industry median Current Ratio is 1.95. River Eletec's value of 2.52 is 29.2% above this benchmark. Historically, River Eletec's own Current Ratio has ranged from 1.12 to 2.52 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.95, River Eletec 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 Hardware company?
The median Current Ratio among Hardware companies is 1.95, based on 2,495 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. River Eletec's current Current Ratio of 2.52 is 29.2% 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 Hardware industry, the median Current Ratio is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. River Eletec's current Current Ratio is 2.52, which is 62% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is River Eletec stock overvalued right now?
Based on GuruFocus' analysis, River Eletec (TSE:6666) is currently considered Significantly Overvalued. The stock's GF Value™ is 円482.54, compared to a current price of 円773.00 — trading 60.2% above its estimated fair value. The current Current Ratio is 2.52, which is 62% above median its 10-year median of 1.56 and 29.2% above the Hardware industry median of 1.95. River Eletec's overall GF Score™ is 51/100 with 6 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 River Eletec (TSE:6666), the current Current Ratio is 2.52 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 River Eletec (TSE:6666) Overvalued in 2026?

Based on GuruFocus' analysis, River Eletec stock appears to be overvalued. The current stock price of 円773.00 is trading 60.2% above its estimated GF Value™ of 円482.54. GuruFocus considers River Eletec to be Significantly Overvalued.

Key valuation signals for TSE:6666:

  • Current Ratio: 2.52 (62% above median its 10-year median of 1.56)
  • GF Value™: 円482.54 vs. price of 円773.00 (60.2% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 29.2% above the Hardware median (#880 of 2495)

No single metric tells the full story. See the TSE:6666 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


River Eletec Business Description

Address 2-1-11 Fujimigaoka, Yamanashi Prefecture, Nirasaki, JPN, 407-8502
River Eletec Corp is a company engaged in developing and producing electronic parts such as quartz crystal units, crystal oscillators, and resistors. The company's products are used for electronic equipment, including digital cameras, DVD players, cellular phones, and watches. Its segments include the Crystal Product segment and Other Electronic Components segment.
51GF Score

Get the complete analysis for TSE:6666

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

円773.00
Price
円482.54
GF Value