Verite Co (TSE:9904) Current Ratio: 1.67 (As of Mar. 2026) — 25% Below Median

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TSE:9904 Verite Co Ltd TSE:9904
72 GF Score
Price 円242.00
GF Value 円473.48
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Verite Co Current Ratio?

Verite Co TSE:9904 +0.41% 72 Current Ratio is 1.67 as of Mar. 2026, which is 25% below its 10-year median of 2.24. GuruFocus rates TSE:9904 with a GF Score™ of 72/100 and a GF Value™ of 円473.48 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,137 Retail - Cyclical companies, Verite Co ranks better than 54.18% 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. Verite Co's current ratio for the quarter that ended in Mar. 2026 was 1.67.

Verite Co has a current ratio of 1.67. It generally indicates good short-term financial strength.

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

TSE:9904' s Current Ratio Range Over the Past 10 Years
Min: 1.67   Med: 2.24   Max: 2.81
Current: 1.67

During the past 13 years, Verite Co's highest Current Ratio was 2.81. The lowest was 1.67. And the median was 2.24.

TSE:9904's Current Ratio is ranked better than
54.18% of 1137 companies
in the Retail - Cyclical industry
Industry Median: 1.56 vs TSE:9904: 1.67

Verite Co  (TSE:9904) 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.


Verite Co Current Ratio Related Terms


Verite Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Verite 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.

Verite Co Current Ratio Chart

Verite 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 2.01 2.09 1.99 2.06 1.67

Verite Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 2.06 2.01 1.80 1.82 1.67

TSE:9904 vs TPR: Current Ratio Comparison

For the Luxury Goods subindustry, Verite 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.


Verite Co Current Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Verite Co's Current Ratio distribution charts can be found below:

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


TSE:9904
72GF Score
Verite Co Ltd TSE:9904
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Verite 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.

Verite 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 )
=7085/4246
=1.67

Verite 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 )
=7085/4246
=1.67

* 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 1.67 mean?
Verite Co (TSE:9904) has a Current Ratio of 1.67 as of Mar. 2026. This is 25% below median its historical median of 2.24. Over the past decade, Verite Co's Current Ratio has ranged from 1.67 to 2.81. According to the industry distribution chart, Verite Co ranks #521 out of 1137 companies in the Retail - Cyclical industry, placing it in the top 45.8%.
Is Verite Co's Current Ratio too high?
Verite Co's current Current Ratio of 1.67 is 25% below median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 2.81. The Retail - Cyclical industry median Current Ratio is 1.56. Verite Co's value of 1.67 is 7.1% above this industry median. Based on the distribution chart, Verite Co ranks #521 out of 1137 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Verite Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Verite Co's Current Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Verite Co ranks #521 out of 1137 companies for Current Ratio. This puts Verite Co in the upper half of its industry. The industry median Current Ratio is 1.56. Verite Co's value of 1.67 is 7.1% above this benchmark. Historically, Verite Co's own Current Ratio has ranged from 1.67 to 2.81 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 1.56, Verite 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 Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.56, based on 1,137 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. Verite Co's current Current Ratio of 1.67 is 7.1% 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 Retail - Cyclical industry, the median Current Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verite Co's current Current Ratio is 1.67, which is 25% below median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verite Co stock overvalued right now?
Based on GuruFocus' analysis, Verite Co (TSE:9904) is currently considered Significantly Undervalued. The stock's GF Value™ is 円473.48, compared to a current price of 円242.00 — trading 48.9% below its estimated fair value. The current Current Ratio is 1.67, which is 25% below median its 10-year median of 2.24 and 7.1% above the Retail - Cyclical industry median of 1.56. Verite Co's overall GF Score™ is 72/100 with 4 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 Verite Co (TSE:9904), the current Current Ratio is 1.67 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 Verite Co (TSE:9904) Overvalued in 2026?

Based on GuruFocus' analysis, Verite Co stock appears to be undervalued. The current stock price of 円242.00 is trading 48.9% below its estimated GF Value™ of 円473.48. GuruFocus considers Verite Co to be Significantly Undervalued.

Key valuation signals for TSE:9904:

  • Current Ratio: 1.67 (25% below median its 10-year median of 2.24)
  • GF Value™: 円473.48 vs. price of 円242.00 (48.9% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 7.1% above the Retail - Cyclical median (#521 of 1137)

No single metric tells the full story. See the TSE:9904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Verite Co Business Description

Address 3-33-8 Tsuruyacho, Kanagawa-ku, Yokohama, Kanagawa, JPN, 221-8705
Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing and renovation.
72GF Score

Get the complete analysis for TSE:9904

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

円242.00
Price
円473.48
GF Value