Tomita Electric Co (TSE:6898) Current Ratio: 9.48 (As of Jan. 2026) — Near Median

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TSE:6898 Tomita Electric Co Ltd TSE:6898
38 GF Score
Price 円3,810.00
GF Value 円1,688.91
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tomita Electric Co Current Ratio?

Tomita Electric Co TSE:6898 +2.83% 38 Current Ratio is 9.48 as of Jan. 2026, which is 8% below its 10-year median of 10.29. GuruFocus rates TSE:6898 with a GF Score™ of 38/100 and a GF Value™ of 円1,688.91 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,499 Hardware companies, Tomita Electric Co ranks better than 94.8% 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. Tomita Electric Co's current ratio for the quarter that ended in Jan. 2026 was 9.48.

Tomita Electric Co has a current ratio of 9.48. 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 Tomita Electric Co's Current Ratio or its related term are showing as below:

TSE:6898' s Current Ratio Range Over the Past 10 Years
Min: 7.82   Med: 10.29   Max: 12.79
Current: 9.48

During the past 13 years, Tomita Electric Co's highest Current Ratio was 12.79. The lowest was 7.82. And the median was 10.29.

TSE:6898's Current Ratio is ranked better than
94.8% of 2499 companies
in the Hardware industry
Industry Median: 1.97 vs TSE:6898: 9.48

Tomita Electric Co  (TSE:6898) 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.


Tomita Electric Co Current Ratio Related Terms


Tomita Electric Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Tomita Electric Co'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.

Tomita Electric Co Current Ratio Chart

Tomita Electric Co 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 7.90 7.82 12.79 11.90 9.48

Tomita Electric Co Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 12.79 12.68 11.90 10.35 9.48

TSE:6898 vs AAPL: Current Ratio Comparison

For the Consumer Electronics subindustry, Tomita Electric 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.


Tomita Electric Co Current Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Tomita Electric Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Tomita Electric Co's Current Ratio falls into.


TSE:6898
38GF Score
Tomita Electric Co Ltd TSE:6898
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tomita Electric Co 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.

Tomita Electric Co'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 )
=2456.658/259.09
=9.48

Tomita Electric Co'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 )
=2456.658/259.09
=9.48

* 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 9.48 mean?
Tomita Electric Co (TSE:6898) has a Current Ratio of 9.48 as of Jan. 2026. This is near median its historical median of 10.29. Over the past decade, Tomita Electric Co's Current Ratio has ranged from 7.82 to 12.79. According to the industry distribution chart, Tomita Electric Co ranks #130 out of 2499 companies in the Hardware industry, placing it in the top 5.2%.
Is Tomita Electric Co's Current Ratio too high?
Tomita Electric Co's current Current Ratio of 9.48 is near median its 10-year median of 10.29. Over the past 10 years, this metric has ranged from a low of 7.82 to a high of 12.79. The Hardware industry median Current Ratio is 1.97. Tomita Electric Co's value of 9.48 is 381.2% above this industry median. Based on the distribution chart, Tomita Electric Co ranks #130 out of 2499 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tomita Electric Co has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomita Electric Co's Current Ratio compare to AAPL?
According to the Hardware industry distribution chart, Tomita Electric Co ranks #130 out of 2499 companies for Current Ratio. This places Tomita Electric Co in the top 5% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.97. Tomita Electric Co's value of 9.48 is 381.2% above this benchmark. Historically, Tomita Electric Co's own Current Ratio has ranged from 7.82 to 12.79 over the past decade. While the company's 10-year median is 10.29 vs. the industry median of 1.97, Tomita Electric Co 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 1.97, based on 2,499 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. Tomita Electric Co's current Current Ratio of 9.48 is 381.2% 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 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomita Electric Co's current Current Ratio is 9.48, which is near median its own 10-year median of 10.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomita Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Tomita Electric Co (TSE:6898) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,688.91, compared to a current price of 円3,810.00 — trading 125.6% above its estimated fair value. The current Current Ratio is 9.48, which is near median its 10-year median of 10.29 and 381.2% above the Hardware industry median of 1.97. Tomita Electric Co's overall GF Score™ is 38/100 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 Tomita Electric Co (TSE:6898), the current Current Ratio is 9.48 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 Tomita Electric Co (TSE:6898) Overvalued in 2026?

Based on GuruFocus' analysis, Tomita Electric Co stock appears to be overvalued. The current stock price of 円3,810.00 is trading 125.6% above its estimated GF Value™ of 円1,688.91. GuruFocus considers Tomita Electric Co to be Significantly Overvalued.

Key valuation signals for TSE:6898:

  • Current Ratio: 9.48 (near median its 10-year median of 10.29)
  • GF Value™: 円1,688.91 vs. price of 円3,810.00 (125.6% above fair value)
  • GF Score™: 38/100 with 3 warning signs
  • Industry Position: 381.2% above the Hardware median (#130 of 2499)

No single metric tells the full story. See the TSE:6898 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tomita Electric Co Business Description

Address 123 Saiwaii-cho, Tottori Prefecture, Tottori, JPN, 680-0823
Tomita Electric Co Ltd is a Japanese firm which manufactures and sells radio parts and ferrite cores. It provides soft ferrite and hard ferrite. It offers ferrite cores used in miniaturizing electronic equipment and in energy conservation; and coils and transformers used in personal computers, LAN and peripherals.
38GF Score

Get the complete analysis for TSE:6898

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

円3,810.00
Price
円1,688.91
GF Value