TRaaS On Product (TSE:6696) Current Ratio: 4.80 (As of Jan. 2026) — 34% Below Median

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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6696 TRaaS On Product Inc TSE:6696
50 GF Score
Price 円291.00
GF Value 円488.75
Valuation Possible Value Trap
! 2 Warning Signs
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What is TRaaS On Product Current Ratio?

TRaaS On Product TSE:6696 -3.32% 50 Current Ratio is 4.80 as of Jan. 2026, which is 34% below its 10-year median of 7.25. GuruFocus rates TSE:6696 with a GF Score™ of 50/100 and a GF Value™ of 円488.75 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,498 Hardware companies, TRaaS On Product ranks better than 88.67% 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. TRaaS On Product's current ratio for the quarter that ended in Jan. 2026 was 4.80.

TRaaS On Product has a current ratio of 4.80. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

TSE:6696' s Current Ratio Range Over the Past 10 Years
Min: 3.44   Med: 7.25   Max: 13.94
Current: 5.61

During the past 11 years, TRaaS On Product's highest Current Ratio was 13.94. The lowest was 3.44. And the median was 7.25.

TSE:6696's Current Ratio is ranked better than
88.67% of 2498 companies
in the Hardware industry
Industry Median: 1.96 vs TSE:6696: 5.61

TRaaS On Product  (TSE:6696) 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.


TRaaS On Product Current Ratio Related Terms


TRaaS On Product Current Ratio Historical Data

* Premium members only.

The historical data trend for TRaaS On Product'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.

TRaaS On Product Current Ratio Chart

TRaaS On Product Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.94 11.69 10.00 6.55 4.80

TRaaS On Product Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 12.04 11.50 7.94 4.80 5.61

TSE:6696 vs CSCO, CIEN, MSI: Current Ratio Comparison

For the Communication Equipment subindustry, TRaaS On Product'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.


TRaaS On Product Current Ratio vs Hardware Industry

For the Hardware industry and Technology sector, TRaaS On Product's Current Ratio distribution charts can be found below:

* The bar in red indicates where TRaaS On Product's Current Ratio falls into.


TSE:6696
50GF Score
TRaaS On Product Inc TSE:6696
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TRaaS On Product 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.

TRaaS On Product's Current Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Current Ratio (A: Jan. 2026 )=Total Current Assets (A: Jan. 2026 )/Total Current Liabilities (A: Jan. 2026 )
=435.369/90.711
=4.80

TRaaS On Product's Current Ratio for the quarter that ended in Jan. 2026 is calculated as

Current Ratio (Q: Jan. 2026 )=Total Current Assets (Q: Jan. 2026 )/Total Current Liabilities (Q: Jan. 2026 )
=435.369/90.711
=4.80

* 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 4.80 mean?
TRaaS On Product (TSE:6696) has a Current Ratio of 4.80 as of Jan. 2026. This is 34% below median its historical median of 7.25. Over the past decade, TRaaS On Product's Current Ratio has ranged from 3.44 to 13.94. According to the industry distribution chart, TRaaS On Product ranks #283 out of 2498 companies in the Hardware industry, placing it in the top 11.3%.
Is TRaaS On Product's Current Ratio too high?
TRaaS On Product's current Current Ratio of 4.80 is 34% below median its 10-year median of 7.25. Over the past 10 years, this metric has ranged from a low of 3.44 to a high of 13.94. The Hardware industry median Current Ratio is 1.96. TRaaS On Product's value of 4.80 is 144.9% above this industry median. Based on the distribution chart, TRaaS On Product ranks #283 out of 2498 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, TRaaS On Product has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TRaaS On Product's Current Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TRaaS On Product ranks #283 out of 2498 companies for Current Ratio. This places TRaaS On Product in the top 11% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. TRaaS On Product's value of 4.80 is 144.9% above this benchmark. Historically, TRaaS On Product's own Current Ratio has ranged from 3.44 to 13.94 over the past decade. While the company's 10-year median is 7.25 vs. the industry median of 1.96, TRaaS On Product 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 1.96, based on 2,498 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. TRaaS On Product's current Current Ratio of 4.80 is 144.9% 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 Hardware 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. TRaaS On Product's current Current Ratio is 4.80, which is 34% below median its own 10-year median of 7.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRaaS On Product stock overvalued right now?
Based on GuruFocus' analysis, TRaaS On Product (TSE:6696) is currently considered Possible Value Trap. The stock's GF Value™ is 円488.75, compared to a current price of 円291.00 — trading 40.5% below its estimated fair value. The current Current Ratio is 4.80, which is 34% below median its 10-year median of 7.25 and 144.9% above the Hardware industry median of 1.96. TRaaS On Product's overall GF Score™ is 50/100 with 2 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 TRaaS On Product (TSE:6696), the current Current Ratio is 4.80 as of Jan. 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 TRaaS On Product (TSE:6696) Overvalued in 2026?

Based on GuruFocus' analysis, TRaaS On Product stock appears to be undervalued. The current stock price of 円291.00 is trading 40.5% below its estimated GF Value™ of 円488.75. GuruFocus considers TRaaS On Product to be Possible Value Trap.

Key valuation signals for TSE:6696:

  • Current Ratio: 4.80 (34% below median its 10-year median of 7.25)
  • GF Value™: 円488.75 vs. price of 円291.00 (40.5% below fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 144.9% above the Hardware median (#283 of 2498)

No single metric tells the full story. See the TSE:6696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TRaaS On Product Business Description

Address 2-9-30 Kitasaiwai, Nishi Ward, Yokohama Nishiguchi Kato Building2nd floor, Kanagawa Prefecture, Yokohama, JPN, 220-0004
TRaaS On Product Inc is engaged in telecommunications, followed by the IT revolution, and manufacturing in which the subject of value shifted to something different.
50GF Score

Get the complete analysis for TSE:6696

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

円291.00
Price
円488.75
GF Value