DKK-TOA (TSE:6848) Current Ratio: 5.72 (As of Mar. 2026) — 10% Above Median


TSE:6848 DKK-TOA Corp TSE:6848
76 GF Score
Price 円851.00
GF Value 円867.68
Valuation Fairly Valued
! 7 Warning Signs
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What is DKK-TOA Current Ratio?

DKK-TOA TSE:6848 +0.12% 76 Current Ratio is 5.72 as of Mar. 2026, which is 10% above its 10-year median of 5.21. GuruFocus rates TSE:6848 with a GF Score™ of 76/100 and a GF Value™ of 円867.68 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,495 Hardware companies, DKK-TOA ranks better than 89.14% 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. DKK-TOA's current ratio for the quarter that ended in Mar. 2026 was 5.72.

DKK-TOA has a current ratio of 5.72. 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 DKK-TOA's Current Ratio or its related term are showing as below:

TSE:6848' s Current Ratio Range Over the Past 10 Years
Min: 3.71   Med: 5.21   Max: 5.72
Current: 5.72

During the past 13 years, DKK-TOA's highest Current Ratio was 5.72. The lowest was 3.71. And the median was 5.21.

TSE:6848's Current Ratio is ranked better than
89.14% of 2495 companies
in the Hardware industry
Industry Median: 1.96 vs TSE:6848: 5.72

DKK-TOA  (TSE:6848) 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.


DKK-TOA Current Ratio Related Terms


DKK-TOA Current Ratio Historical Data

* Premium members only.

The historical data trend for DKK-TOA'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.

DKK-TOA Current Ratio Chart

DKK-TOA 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 5.44 5.27 5.39 5.36 5.72

DKK-TOA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 5.36 5.67 5.41 5.68 5.72

TSE:6848 vs COHR, KEYS, GRMN: Current Ratio Comparison

For the Scientific & Technical Instruments subindustry, DKK-TOA'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.


DKK-TOA Current Ratio vs Hardware Industry

For the Hardware industry and Technology sector, DKK-TOA's Current Ratio distribution charts can be found below:

* The bar in red indicates where DKK-TOA's Current Ratio falls into.


TSE:6848
76GF Score
DKK-TOA Corp TSE:6848
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DKK-TOA 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.

DKK-TOA'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 )
=16922/2958
=5.72

DKK-TOA'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 )
=16922/2958
=5.72

* 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 5.72 mean?
DKK-TOA (TSE:6848) has a Current Ratio of 5.72 as of Mar. 2026. This is 10% above median its historical median of 5.21. Over the past decade, DKK-TOA's Current Ratio has ranged from 3.71 to 5.72. According to the industry distribution chart, DKK-TOA ranks #271 out of 2495 companies in the Hardware industry, placing it in the top 10.9%.
Is DKK-TOA's Current Ratio too high?
DKK-TOA's current Current Ratio of 5.72 is 10% above median its 10-year median of 5.21. Over the past 10 years, this metric has ranged from a low of 3.71 to a high of 5.72. The Hardware industry median Current Ratio is 1.96. DKK-TOA's value of 5.72 is 191.8% above this industry median. Based on the distribution chart, DKK-TOA ranks #271 out of 2495 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, DKK-TOA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DKK-TOA's Current Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, DKK-TOA ranks #271 out of 2495 companies for Current Ratio. This places DKK-TOA in the top 11% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. DKK-TOA's value of 5.72 is 191.8% above this benchmark. Historically, DKK-TOA's own Current Ratio has ranged from 3.71 to 5.72 over the past decade. While the company's 10-year median is 5.21 vs. the industry median of 1.96, DKK-TOA 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 2,495 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. DKK-TOA's current Current Ratio of 5.72 is 191.8% 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. DKK-TOA's current Current Ratio is 5.72, which is 10% above median its own 10-year median of 5.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DKK-TOA stock overvalued right now?
Based on GuruFocus' analysis, DKK-TOA (TSE:6848) is currently considered Fairly Valued. The stock's GF Value™ is 円867.68, compared to a current price of 円851.00 — trading 1.9% below its estimated fair value. The current Current Ratio is 5.72, which is 10% above median its 10-year median of 5.21 and 191.8% above the Hardware industry median of 1.96. DKK-TOA's overall GF Score™ is 76/100 with 7 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 DKK-TOA (TSE:6848), the current Current Ratio is 5.72 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 DKK-TOA (TSE:6848) Overvalued in 2026?

Based on GuruFocus' analysis, DKK-TOA stock appears to be undervalued. The current stock price of 円851.00 is trading 1.9% below its estimated GF Value™ of 円867.68. GuruFocus considers DKK-TOA to be Fairly Valued.

Key valuation signals for TSE:6848:

  • Current Ratio: 5.72 (10% above median its 10-year median of 5.21)
  • GF Value™: 円867.68 vs. price of 円851.00 (1.9% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 191.8% above the Hardware median (#271 of 2495)

No single metric tells the full story. See the TSE:6848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DKK-TOA Business Description

Address 29-10, 1-Chome, Takadanobaba, Shinjuku-ku, Tokyo, JPN, 169-8648
DKK-TOA Corp engages in the manufacture and sale of analytical and various measuring instruments. It also manufactures and sells toxic and deleterious agents and reagents, and accepts contracts for instrumentation, electrical and telecommunications works. The company offers analytical instruments, such as laboratory analyzers, portable and handheld analyzers, and EOL products; and industrial, environmental, medical, and other measuring and analytical instruments. It also provides process analyzers; analyzers for water and waste water treatment, boiler water applications, and oil refineries; water quality analyzers/systems and ambient air/emission gas analyzers; and pH measurement and oxidation-reduction potential measurement products.
76GF Score

Get the complete analysis for TSE:6848

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

円851.00
Price
円867.68
GF Value