Tosho Co (TSE:8920) Current Ratio: 3.03 (As of Mar. 2026) — 38% Above Median


TSE:8920 Tosho Co Ltd TSE:8920
88 GF Score
Price 円764.00
GF Value 円648.97
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Tosho Co Current Ratio?

Tosho Co TSE:8920 +1.87% 88 Current Ratio is 3.03 as of Mar. 2026, which is 38% above its 10-year median of 2.20. GuruFocus rates TSE:8920 with a GF Score™ of 88/100 and a GF Value™ of 円648.97 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 563 Conglomerates companies, Tosho Co ranks better than 83.66% 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. Tosho Co's current ratio for the quarter that ended in Mar. 2026 was 3.03.

Tosho Co has a current ratio of 3.03. 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 Tosho Co's Current Ratio or its related term are showing as below:

TSE:8920' s Current Ratio Range Over the Past 10 Years
Min: 1.55   Med: 2.2   Max: 3.78
Current: 3.03

During the past 13 years, Tosho Co's highest Current Ratio was 3.78. The lowest was 1.55. And the median was 2.20.

TSE:8920's Current Ratio is ranked better than
83.66% of 563 companies
in the Conglomerates industry
Industry Median: 1.6 vs TSE:8920: 3.03

Tosho Co  (TSE:8920) 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.


Tosho Co Current Ratio Related Terms


Tosho Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Tosho 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.

Tosho Co Current Ratio Chart

Tosho 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 2.51 3.78 3.00 1.55 3.03

Tosho Co 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 1.55 1.76 1.72 1.88 3.03

TSE:8920 vs HON, MMM: Current Ratio Comparison

For the Conglomerates subindustry, Tosho 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.


Tosho Co Current Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tosho Co's Current Ratio distribution charts can be found below:

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


TSE:8920
88GF Score
Tosho Co Ltd TSE:8920
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tosho 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.

Tosho 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 )
=22468.181/7421.293
=3.03

Tosho 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 )
=22468.181/7421.293
=3.03

* 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 3.03 mean?
Tosho Co (TSE:8920) has a Current Ratio of 3.03 as of Mar. 2026. This is 38% above median its historical median of 2.20. Over the past decade, Tosho Co's Current Ratio has ranged from 1.55 to 3.78. According to the industry distribution chart, Tosho Co ranks #92 out of 563 companies in the Conglomerates industry, placing it in the top 16.3%.
Is Tosho Co's Current Ratio too high?
Tosho Co's current Current Ratio of 3.03 is 38% above median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 3.78. The Conglomerates industry median Current Ratio is 1.60. Tosho Co's value of 3.03 is 89.4% above this industry median. Based on the distribution chart, Tosho Co ranks #92 out of 563 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Tosho Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tosho Co's Current Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Tosho Co ranks #92 out of 563 companies for Current Ratio. This places Tosho Co in the top 16% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.60. Tosho Co's value of 3.03 is 89.4% above this benchmark. Historically, Tosho Co's own Current Ratio has ranged from 1.55 to 3.78 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 1.60, Tosho 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 Conglomerates company?
The median Current Ratio among Conglomerates companies is 1.60, based on 563 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. Tosho Co's current Current Ratio of 3.03 is 89.4% 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 Conglomerates industry, the median Current Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tosho Co's current Current Ratio is 3.03, which is 38% above median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosho Co stock overvalued right now?
Based on GuruFocus' analysis, Tosho Co (TSE:8920) is currently considered Modestly Overvalued. The stock's GF Value™ is 円648.97, compared to a current price of 円764.00 — trading 17.7% above its estimated fair value. The current Current Ratio is 3.03, which is 38% above median its 10-year median of 2.20 and 89.4% above the Conglomerates industry median of 1.60. Tosho Co's overall GF Score™ is 88/100 with 2 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 Tosho Co (TSE:8920), the current Current Ratio is 3.03 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 Tosho Co (TSE:8920) Overvalued in 2026?

Based on GuruFocus' analysis, Tosho Co stock appears to be overvalued. The current stock price of 円764.00 is trading 17.7% above its estimated GF Value™ of 円648.97. GuruFocus considers Tosho Co to be Modestly Overvalued.

Key valuation signals for TSE:8920:

  • Current Ratio: 3.03 (38% above median its 10-year median of 2.20)
  • GF Value™: 円648.97 vs. price of 円764.00 (17.7% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 89.4% above the Conglomerates median (#92 of 563)

No single metric tells the full story. See the TSE:8920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tosho Co Business Description

Address 1-16-5, Mikawaanjocho, Anjo-Shi, Aichi, JPN, 446-0056
Tosho Co Ltd is mainly engaged in the operation of sports clubs in Japan. It mainly operates membership sports clubs under the name Holiday Sports Club and golf practice ranges under the name Holiday Golf Garden. The company's business segment includes Sports club business; Hotel business and Real estate business. It generates maximum revenue from the Sports club business segment.
88GF Score

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

円764.00
Price
円648.97
GF Value