Diamond Electric Holdings CoTSE:6699 +2.32%53 Current Ratio is 0.99 as of Mar. 2026, which is 11% below its 10-year median of 1.11. GuruFocus rates TSE:6699 with a GF Score™ of 53/100 and a GF Value™ of 円635.18 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Diamond Electric Holdings Co ranks worse than 83.47% 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. Diamond Electric Holdings Co's current ratio for the quarter that ended in Mar. 2026 was 0.99.
Diamond Electric Holdings Co has a current ratio of 0.99. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Diamond Electric Holdings Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Diamond Electric Holdings Co's Current Ratio or its related term are showing as below:
TSE:6699'
s Current Ratio Range Over the Past 10 Years
Min: 0.95 Med: 1.11 Max: 1.32
Current: 0.99
During the past 8 years, Diamond Electric Holdings Co's highest Current Ratio was 1.32. The lowest was 0.95. And the median was 1.11.
TSE:6699's Current Ratio is ranked worse than 83.47% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.53
vs TSE:6699: 0.99
Diamond Electric Holdings Co (TSE:6699) 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.
Diamond Electric Holdings Co Current Ratio Related Terms
Diamond Electric Holdings 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.
For the Auto Parts subindustry, Diamond Electric Holdings 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.
Diamond Electric Holdings Co Current Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Diamond Electric Holdings Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Diamond Electric Holdings 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.
Diamond Electric Holdings Co (TSE:6699) has a Current Ratio of 0.99 as of Mar. 2026. This is 11% below median its historical median of 1.11. Over the past decade, Diamond Electric Holdings Co's Current Ratio has ranged from 0.95 to 1.32. According to the industry distribution chart, Diamond Electric Holdings Co ranks #1116 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 83.5%.
Is Diamond Electric Holdings Co's Current Ratio too high?
Diamond Electric Holdings Co's current Current Ratio of 0.99 is 11% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.32. The Vehicles & Parts industry median Current Ratio is 1.53. Diamond Electric Holdings Co's value of 0.99 is 35.3% below this industry median. Based on the distribution chart, Diamond Electric Holdings Co ranks #1116 out of 1337 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Diamond Electric Holdings Co has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Diamond Electric Holdings Co's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Diamond Electric Holdings Co ranks #1116 out of 1337 companies for Current Ratio. This places Diamond Electric Holdings Co in the lower half of its industry. The industry median Current Ratio is 1.53. Diamond Electric Holdings Co's value of 0.99 is 35.3% below this benchmark. Historically, Diamond Electric Holdings Co's own Current Ratio has ranged from 0.95 to 1.32 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.53, Diamond Electric Holdings 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 a Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,337 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. Diamond Electric Holdings Co's current Current Ratio of 0.99 is 35.3% 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 Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamond Electric Holdings Co's current Current Ratio is 0.99, which is 11% below median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond Electric Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Diamond Electric Holdings Co (TSE:6699) is currently considered Modestly Undervalued. The stock's GF Value™ is 円635.18, compared to a current price of 円485.00 — trading 23.6% below its estimated fair value. The current Current Ratio is 0.99, which is 11% below median its 10-year median of 1.11 and 35.3% below the Vehicles & Parts industry median of 1.53. Diamond Electric Holdings Co's overall GF Score™ is 53/100 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 Diamond Electric Holdings Co (TSE:6699), the current Current Ratio is 0.99 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 Diamond Electric Holdings Co (TSE:6699) Overvalued in 2026?
Based on GuruFocus' analysis, Diamond Electric Holdings Co stock appears to be undervalued.
The current stock price of 円485.00 is trading 23.6% below its estimated GF Value™ of 円635.18.
GuruFocus considers Diamond Electric Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:6699:
Current Ratio: 0.99 (11% below median its 10-year median of 1.11)
GF Value™: 円635.18 vs. price of 円485.00 (23.6% below fair value)
Industry Position: 35.3% below the Vehicles & Parts median (#1116 of 1337)
No single metric tells the full story. See the TSE:6699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diamond Electric Holdings Co Ltd is engaged in the manufacture and sale of electronic and energy-related components. The company has three reportable segments: Automotive Equipment Business, Energy Solutions Business, and Electronic Equipment Business. The Automotive Equipment segment manufactures ignition coils, transmission switches, rotation sensors, and in-vehicle control boards. The Energy Solutions segment produces power conditioners for solar power generation and energy storage hybrid systems. The Electronic Equipment segment manufactures electronic control devices for fan heaters, air conditioners, water heaters, and other related products such as ignition devices and power conditioners.
53GF Score
Get the complete analysis for TSE:6699
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6699 has been successfully added to your 
