Car Mate Mfg Co (TSE:7297) Current Ratio: 7.35 (As of Mar. 2026) — 61% Above Median

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TSE:7297 Car Mate Mfg Co Ltd TSE:7297
65 GF Score
Price 円867.00
GF Value 円786.35
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Car Mate Mfg Co Current Ratio?

Car Mate Mfg Co TSE:7297 -1.48% 65 Current Ratio is 7.35 as of Mar. 2026, which is 61% above its 10-year median of 4.57. GuruFocus rates TSE:7297 with a GF Score™ of 65/100 and a GF Value™ of 円786.35 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Car Mate Mfg Co ranks better than 97.07% 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. Car Mate Mfg Co's current ratio for the quarter that ended in Mar. 2026 was 7.35.

Car Mate Mfg Co has a current ratio of 7.35. 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 Car Mate Mfg Co's Current Ratio or its related term are showing as below:

TSE:7297' s Current Ratio Range Over the Past 10 Years
Min: 2.61   Med: 4.57   Max: 7.35
Current: 7.35

During the past 13 years, Car Mate Mfg Co's highest Current Ratio was 7.35. The lowest was 2.61. And the median was 4.57.

TSE:7297's Current Ratio is ranked better than
97.07% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 1.53 vs TSE:7297: 7.35

Car Mate Mfg Co  (TSE:7297) 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.


Car Mate Mfg Co Current Ratio Related Terms


Car Mate Mfg Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Car Mate Mfg 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.

Car Mate Mfg Co Current Ratio Chart

Car Mate Mfg Co 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 4.94 4.76 5.96 6.93 7.35

Car Mate Mfg Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5.96 6.26 6.93 6.55 7.35

TSE:7297 vs ORLY, AZO: Current Ratio Comparison

For the Auto Parts subindustry, Car Mate Mfg 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.


Car Mate Mfg Co Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Car Mate Mfg Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Car Mate Mfg Co's Current Ratio falls into.


TSE:7297
65GF Score
Car Mate Mfg Co Ltd TSE:7297
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Car Mate Mfg 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.

Car Mate Mfg Co'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 )
=17003.934/2312.628
=7.35

Car Mate Mfg Co'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 )
=17003.934/2312.628
=7.35

* 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 7.35 mean?
Car Mate Mfg Co (TSE:7297) has a Current Ratio of 7.35 as of Mar. 2026. This is 61% above median its historical median of 4.57. Over the past decade, Car Mate Mfg Co's Current Ratio has ranged from 2.61 to 7.35. According to the industry distribution chart, Car Mate Mfg Co ranks #39 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 2.9%.
Is Car Mate Mfg Co's Current Ratio too high?
Car Mate Mfg Co's current Current Ratio of 7.35 is 61% above median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 7.35. The Vehicles & Parts industry median Current Ratio is 1.53. Car Mate Mfg Co's value of 7.35 is 380.4% above this industry median. Based on the distribution chart, Car Mate Mfg Co ranks #39 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Car Mate Mfg Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Car Mate Mfg Co's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Car Mate Mfg Co ranks #39 out of 1331 companies for Current Ratio. This places Car Mate Mfg Co in the top 3% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.53. Car Mate Mfg Co's value of 7.35 is 380.4% above this benchmark. Historically, Car Mate Mfg Co's own Current Ratio has ranged from 2.61 to 7.35 over the past decade. While the company's 10-year median is 4.57 vs. the industry median of 1.53, Car Mate Mfg 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,331 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. Car Mate Mfg Co's current Current Ratio of 7.35 is 380.4% 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 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. Car Mate Mfg Co's current Current Ratio is 7.35, which is 61% above median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Car Mate Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Car Mate Mfg Co (TSE:7297) is currently considered Fairly Valued. The stock's GF Value™ is 円786.35, compared to a current price of 円867.00 — trading 10.3% above its estimated fair value. The current Current Ratio is 7.35, which is 61% above median its 10-year median of 4.57 and 380.4% above the Vehicles & Parts industry median of 1.53. Car Mate Mfg Co's overall GF Score™ is 65/100 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 Car Mate Mfg Co (TSE:7297), the current Current Ratio is 7.35 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 Car Mate Mfg Co (TSE:7297) Overvalued in 2026?

Based on GuruFocus' analysis, Car Mate Mfg Co stock appears to be overvalued. The current stock price of 円867.00 is trading 10.3% above its estimated GF Value™ of 円786.35. GuruFocus considers Car Mate Mfg Co to be Fairly Valued.

Key valuation signals for TSE:7297:

  • Current Ratio: 7.35 (61% above median its 10-year median of 4.57)
  • GF Value™: 円786.35 vs. price of 円867.00 (10.3% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 380.4% above the Vehicles & Parts median (#39 of 1331)

No single metric tells the full story. See the TSE:7297 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Car Mate Mfg Co Business Description

Address Toso 33 - 11 Nagasaki 5 - chome, Toshima-ku, Tokyo, JPN, 171-0051
Car Mate Mfg Co Ltd manufactures and sells auto parts and accessories. Its products include roof carrier, fishing rod carrier, car accessories, air fresheners, and flat wiper, among others. Further it also provides leisure and sporting goods and snowboards.
65GF Score

Get the complete analysis for TSE:7297

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

円867.00
Price
円786.35
GF Value