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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. Asta Co's current ratio for the quarter that ended in Jun. 2026 was 14.30.
Asta Co has a current ratio of 14.30. 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 Asta Co's Current Ratio or its related term are showing as below:
XKRX:246720'
s Current Ratio Range Over the Past 10 Years
Min: 1.14 Med: 6.52 Max: 32.39
Current: 14.3
During the past 12 years, Asta Co's highest Current Ratio was 32.39. The lowest was 1.14. And the median was 6.52.
XKRX:246720's Current Ratio is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 2.43
vs XKRX:246720: 14.30
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.
Asta Co Current Ratio Related Terms
Asta Co Current Ratio Historical Data
* Premium members only.
The historical data trend for Asta 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.
XKRX:246720 vs ISRG, BDX, MDLN: Current Ratio Comparison
For the Medical Instruments & Supplies subindustry, Asta 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.
Asta Co Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Asta Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Asta Co's Current Ratio falls into.
* 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.
Asta Co (XKRX:246720) has a Current Ratio of 14.30 as of Jun. 2026. This is 119% above median its historical median of 6.52. Over the past decade, Asta Co's Current Ratio has ranged from 1.14 to 32.39.
Is Asta Co's Current Ratio too high?
Asta Co's current Current Ratio of 14.30 is 119% above median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 32.39. The Medical Devices & Instruments industry median Current Ratio is 2.43. Asta Co's value of 14.30 is 488.5% above this industry median. Overall, Asta Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Asta Co's Current Ratio compare to ISRG and BDX?
Asta Co's Current Ratio of 14.30 can be compared against companies in the Medical Devices & Instruments industry. The industry median Current Ratio is 2.43. Asta Co's value of 14.30 is 488.5% above this benchmark. Historically, Asta Co's own Current Ratio has ranged from 1.14 to 32.39 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 2.43, Asta 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 Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.43, based on 851 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. Asta Co's current Current Ratio of 14.30 is 488.5% 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 Medical Devices & Instruments industry, the median Current Ratio is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asta Co's current Current Ratio is 14.30, which is 119% above median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asta Co stock overvalued right now?
Asta Co (XKRX:246720) has a current Current Ratio of 14.30. The stock's GF Value™ is ₩4,746.50, compared to a current price of ₩6,070.00 — trading 27.9% above its estimated fair value. The current Current Ratio is 14.30, which is 119% above median its 10-year median of 6.52 and 488.5% above the Medical Devices & Instruments industry median of 2.43. Asta Co's overall GF Score™ is 71/100 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 Asta Co (XKRX:246720), the current Current Ratio is 14.30 as of Jun. 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 Asta Co (XKRX:246720) Overvalued in 2026?
Based on GuruFocus' analysis, Asta Co stock appears to be overvalued.
The current stock price of ₩6,070.00 is trading 27.9% above its estimated GF Value™ of ₩4,746.50.
Key valuation signals for XKRX:246720:
Current Ratio: 14.30 (119% above median its 10-year median of 6.52)
GF Value™: ₩4,746.50 vs. price of ₩6,070.00 (27.9% above fair value)
Industry Position: 488.5% above the Medical Devices & Instruments median
No single metric tells the full story. See the XKRX:246720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asta Co Ltd is a technology-based company that has been developing, manufacturing, and selling MALDI-TOF-based mass spectrometry instruments and related consumables. Its products are Microbial Identification, Microwave Digestion System, Surface/Organic/Inorganic analysis, Gas analysis, and Others.
71GF Score
Get the complete analysis for XKRX:246720
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