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Novatech CoXKRX:285490 +2.80%78 Current Ratio is 9.65 as of Jun. 2026, which is 15% below its 10-year median of 11.38. GuruFocus rates XKRX:285490 with a GF Score™ of 78/100 and a GF Value™ of ₩12,492.58 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,497 Hardware companies, Novatech Co ranks better than 95.27% 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. Novatech Co's current ratio for the quarter that ended in Jun. 2026 was 9.65.
Novatech Co has a current ratio of 9.65. 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 Novatech Co's Current Ratio or its related term are showing as below:
XKRX:285490'
s Current Ratio Range Over the Past 10 Years
Min: 3.8 Med: 11.38 Max: 23.98
Current: 9.65
During the past 9 years, Novatech Co's highest Current Ratio was 23.98. The lowest was 3.80. And the median was 11.38.
XKRX:285490's Current Ratio is ranked better than 95.27% of 2497
companies
in the Hardware industry
Industry Median: 1.93
vs XKRX:285490: 9.65
Novatech Co (XKRX:285490) 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.
Novatech Co Current Ratio Related Terms
Novatech Co Current Ratio Historical Data
* Premium members only.
The historical data trend for Novatech 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:285490 vs APH, GLW, TEL: Current Ratio Comparison
For the Electronic Components subindustry, Novatech 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.
Novatech Co Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Novatech Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Novatech 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.
Novatech Co (XKRX:285490) has a Current Ratio of 9.65 as of Jun. 2026. This is 15% below median its historical median of 11.38. Over the past decade, Novatech Co's Current Ratio has ranged from 3.80 to 23.98. According to the industry distribution chart, Novatech Co ranks #118 out of 2497 companies in the Hardware industry, placing it in the top 4.7%.
Is Novatech Co's Current Ratio too high?
Novatech Co's current Current Ratio of 9.65 is 15% below median its 10-year median of 11.38. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 23.98. The Hardware industry median Current Ratio is 1.93. Novatech Co's value of 9.65 is 400% above this industry median. Based on the distribution chart, Novatech Co ranks #118 out of 2497 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Novatech Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novatech Co's Current Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Novatech Co ranks #118 out of 2497 companies for Current Ratio. This places Novatech Co in the top 5% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.93. Novatech Co's value of 9.65 is 400% above this benchmark. Historically, Novatech Co's own Current Ratio has ranged from 3.80 to 23.98 over the past decade. While the company's 10-year median is 11.38 vs. the industry median of 1.93, Novatech 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 Hardware company?
The median Current Ratio among Hardware companies is 1.93, based on 2,497 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. Novatech Co's current Current Ratio of 9.65 is 400% 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 Hardware industry, the median Current Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novatech Co's current Current Ratio is 9.65, which is 15% below median its own 10-year median of 11.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novatech Co stock overvalued right now?
Based on GuruFocus' analysis, Novatech Co (XKRX:285490) is currently considered Fairly Valued. The stock's GF Value™ is ₩12,492.58, compared to a current price of ₩11,740.00 — trading 6% below its estimated fair value. The current Current Ratio is 9.65, which is 15% below median its 10-year median of 11.38 and 400% above the Hardware industry median of 1.93. Novatech Co's overall GF Score™ is 78/100 with 7 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 Novatech Co (XKRX:285490), the current Current Ratio is 9.65 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 Novatech Co (XKRX:285490) Overvalued in 2026?
Based on GuruFocus' analysis, Novatech Co stock appears to be undervalued.
The current stock price of ₩11,740.00 is trading 6% below its estimated GF Value™ of ₩12,492.58.
GuruFocus considers Novatech Co to be Fairly Valued.
Key valuation signals for XKRX:285490:
Current Ratio: 9.65 (15% below median its 10-year median of 11.38)
GF Value™: ₩12,492.58 vs. price of ₩11,740.00 (6% below fair value)
Industry Position: 400% above the Hardware median (#118 of 2497)
No single metric tells the full story. See the XKRX:285490 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novatech Co Ltd is a Korea based glass processing company. It is mainly engaged in the production of components including OELD (organic light-emitting diode) encapsulation glass, flat display panels, and super slim glass. The company operates in three business divisions including EG (OLED Encapsulation Glass) division, new business development, and lightining business division.
78GF Score
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