Leader ElectronicsTSE:6867 +0.94%61 Current Ratio is 5.38 as of Mar. 2026, which is 18% below its 10-year median of 6.54. GuruFocus rates TSE:6867 with a GF Score™ of 61/100 and a GF Value™ of 円510.26 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,495 Hardware companies, Leader Electronics ranks better than 87.78% 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. Leader Electronics's current ratio for the quarter that ended in Mar. 2026 was 5.38.
Leader Electronics has a current ratio of 5.38. 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 Leader Electronics's Current Ratio or its related term are showing as below:
TSE:6867'
s Current Ratio Range Over the Past 10 Years
Min: 4.15 Med: 6.54 Max: 10.94
Current: 5.38
During the past 13 years, Leader Electronics's highest Current Ratio was 10.94. The lowest was 4.15. And the median was 6.54.
TSE:6867's Current Ratio is ranked better than 87.78% of 2495
companies
in the Hardware industry
Industry Median: 1.96
vs TSE:6867: 5.38
Leader Electronics (TSE:6867) 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.
Leader Electronics Current Ratio Related Terms
Leader Electronics Current Ratio Historical Data
* Premium members only.
The historical data trend for Leader Electronics'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.
TSE:6867 vs COHR, KEYS, GRMN: Current Ratio Comparison
For the Scientific & Technical Instruments subindustry, Leader Electronics'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.
Leader Electronics Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Leader Electronics's Current Ratio distribution charts can be found below:
* The bar in red indicates where Leader Electronics'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.
Leader Electronics (TSE:6867) has a Current Ratio of 5.38 as of Mar. 2026. This is 18% below median its historical median of 6.54. Over the past decade, Leader Electronics' Current Ratio has ranged from 4.15 to 10.94. According to the industry distribution chart, Leader Electronics ranks #305 out of 2495 companies in the Hardware industry, placing it in the top 12.2%.
Is Leader Electronics' Current Ratio too high?
Leader Electronics' current Current Ratio of 5.38 is 18% below median its 10-year median of 6.54. Over the past 10 years, this metric has ranged from a low of 4.15 to a high of 10.94. The Hardware industry median Current Ratio is 1.96. Leader Electronics' value of 5.38 is 174.5% above this industry median. Based on the distribution chart, Leader Electronics ranks #305 out of 2495 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Leader Electronics has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leader Electronics' Current Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Leader Electronics ranks #305 out of 2495 companies for Current Ratio. This places Leader Electronics in the top 12% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. Leader Electronics' value of 5.38 is 174.5% above this benchmark. Historically, Leader Electronics' own Current Ratio has ranged from 4.15 to 10.94 over the past decade. While the company's 10-year median is 6.54 vs. the industry median of 1.96, Leader Electronics 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. Leader Electronics's current Current Ratio of 5.38 is 174.5% 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. Leader Electronics's current Current Ratio is 5.38, which is 18% below median its own 10-year median of 6.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Electronics stock overvalued right now?
Based on GuruFocus' analysis, Leader Electronics (TSE:6867) is currently considered Modestly Undervalued. The stock's GF Value™ is 円510.26, compared to a current price of 円431.00 — trading 15.5% below its estimated fair value. The current Current Ratio is 5.38, which is 18% below median its 10-year median of 6.54 and 174.5% above the Hardware industry median of 1.96. Leader Electronics' overall GF Score™ is 61/100 with 5 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 Leader Electronics (TSE:6867), the current Current Ratio is 5.38 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 Leader Electronics (TSE:6867) Overvalued in 2026?
Based on GuruFocus' analysis, Leader Electronics stock appears to be undervalued.
The current stock price of 円431.00 is trading 15.5% below its estimated GF Value™ of 円510.26.
GuruFocus considers Leader Electronics to be Modestly Undervalued.
Key valuation signals for TSE:6867:
Current Ratio: 5.38 (18% below median its 10-year median of 6.54)
GF Value™: 円510.26 vs. price of 円431.00 (15.5% below fair value)
Industry Position: 174.5% above the Hardware median (#305 of 2495)
No single metric tells the full story. See the TSE:6867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leader Electronics Corp is engaged in the research, development, manufacturing, and sales of electronic measuring instruments, including those for broadcasting stations, manufacturers of professional video-related equipment, and signal monitoring during live broadcasts of sporting events.
61GF Score
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