Olympus (TSE:7733) Current Ratio: 1.62 (As of Mar. 2026) — Near Median


TSE:7733 Olympus Corp TSE:7733
76 GF Score
Price 円1,718.00
GF Value 円2,595.66
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Olympus Current Ratio?

Olympus TSE:7733 +4.37% 76 Current Ratio is 1.62 as of Mar. 2026, which is 2% below its 10-year median of 1.65. GuruFocus rates TSE:7733 with a GF Score™ of 76/100 and a GF Value™ of 円2,595.66 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Olympus ranks worse than 72.4% 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. Olympus's current ratio for the quarter that ended in Mar. 2026 was 1.62.

Olympus has a current ratio of 1.62. It generally indicates good short-term financial strength.

The historical rank and industry rank for Olympus's Current Ratio or its related term are showing as below:

TSE:7733' s Current Ratio Range Over the Past 10 Years
Min: 1.52   Med: 1.65   Max: 1.85
Current: 1.62

During the past 13 years, Olympus's highest Current Ratio was 1.85. The lowest was 1.52. And the median was 1.65.

TSE:7733's Current Ratio is ranked worse than
72.4% of 855 companies
in the Medical Devices & Instruments industry
Industry Median: 2.49 vs TSE:7733: 1.62

Olympus  (TSE:7733) 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.


Olympus Current Ratio Related Terms


Olympus Current Ratio Historical Data

* Premium members only.

The historical data trend for Olympus'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.

Olympus Current Ratio Chart

Olympus 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 1.85 1.57 1.85 1.60 1.62

Olympus 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 1.60 1.94 2.06 1.63 1.62

TSE:7733 vs ABT, SYK, MDT: Current Ratio Comparison

For the Medical Devices subindustry, Olympus'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.


Olympus Current Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Olympus's Current Ratio distribution charts can be found below:

* The bar in red indicates where Olympus's Current Ratio falls into.


TSE:7733
76GF Score
Olympus Corp TSE:7733
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Olympus 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.

Olympus'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 )
=706308/436874
=1.62

Olympus'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 )
=706308/436874
=1.62

* 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 1.62 mean?
Olympus (TSE:7733) has a Current Ratio of 1.62 as of Mar. 2026. This is near median its historical median of 1.65. Over the past decade, Olympus' Current Ratio has ranged from 1.52 to 1.85. According to the industry distribution chart, Olympus ranks #619 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 72.4%.
Is Olympus' Current Ratio too high?
Olympus' current Current Ratio of 1.62 is near median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 1.85. The Medical Devices & Instruments industry median Current Ratio is 2.49. Olympus' value of 1.62 is 34.9% below this industry median. Based on the distribution chart, Olympus ranks #619 out of 855 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Olympus has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Olympus' Current Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Olympus ranks #619 out of 855 companies for Current Ratio. This places Olympus in the lower half of its industry. The industry median Current Ratio is 2.49. Olympus' value of 1.62 is 34.9% below this benchmark. Historically, Olympus' own Current Ratio has ranged from 1.52 to 1.85 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 2.49, Olympus 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 Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.49, based on 855 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. Olympus's current Current Ratio of 1.62 is 34.9% 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 Medical Devices & Instruments industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olympus's current Current Ratio is 1.62, which is near median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympus stock overvalued right now?
Based on GuruFocus' analysis, Olympus (TSE:7733) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,595.66, compared to a current price of 円1,718.00 — trading 33.8% below its estimated fair value. The current Current Ratio is 1.62, which is near median its 10-year median of 1.65 and 34.9% below the Medical Devices & Instruments industry median of 2.49. Olympus' overall GF Score™ is 76/100 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 Olympus (TSE:7733), the current Current Ratio is 1.62 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 Olympus (TSE:7733) Overvalued in 2026?

Based on GuruFocus' analysis, Olympus stock appears to be undervalued. The current stock price of 円1,718.00 is trading 33.8% below its estimated GF Value™ of 円2,595.66. GuruFocus considers Olympus to be Significantly Undervalued.

Key valuation signals for TSE:7733:

  • Current Ratio: 1.62 (near median its 10-year median of 1.65)
  • GF Value™: 円2,595.66 vs. price of 円1,718.00 (33.8% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 34.9% below the Medical Devices & Instruments median (#619 of 855)

No single metric tells the full story. See the TSE:7733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Olympus Business Description

Address 2951 Ishikawacho, Hachioji, JPN, 192-8507
Olympus is a medical-device maker with a leading position in the endoscope market and a diversified global revenue stream. Originally founded in 1919 in Japan as a microscope and camera maker, Olympus has gradually pivoted into endoscopic and therapeutic solutions. As of March 2025, more than 60% of its revenue comes from endoscopic solutions. In addition, North America is the biggest revenue contributor by region, accounting for 38% of its total revenue.
76GF Score

Get the complete analysis for TSE:7733

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

円1,718.00
Price
円2,595.66
GF Value