Toyo Kanetsu KKFRA:TQ2 +1.56%80 Quick Ratio is 1.70 as of Mar. 2026, which is at its 10-year median of 1.70. GuruFocus rates FRA:TQ2 with a GF Score™ of 80/100 and a GF Value™ of €12.24. The stock has 2 warning signs investors should review. Among 3,071 Industrial Products companies, Toyo Kanetsu KK ranks better than 61.97% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Toyo Kanetsu KK's quick ratio for the quarter that ended in Mar. 2026 was 1.70.
Toyo Kanetsu KK has a quick ratio of 1.70. It generally indicates good short-term financial strength.
The historical rank and industry rank for Toyo Kanetsu KK's Quick Ratio or its related term are showing as below:
FRA:TQ2'
s Quick Ratio Range Over the Past 10 Years
Min: 1.49 Med: 1.7 Max: 1.93
Current: 1.7
During the past 13 years, Toyo Kanetsu KK's highest Quick Ratio was 1.93. The lowest was 1.49. And the median was 1.70.
FRA:TQ2's Quick Ratio is ranked better than 61.97% of 3071
companies
in the Industrial Products industry
Industry Median: 1.39
vs FRA:TQ2: 1.70
Toyo Kanetsu KK (FRA:TQ2) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Toyo Kanetsu KK Quick Ratio Related Terms
Toyo Kanetsu KK Quick Ratio Historical Data
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The historical data trend for Toyo Kanetsu KK's Quick 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.
For the Specialty Industrial Machinery subindustry, Toyo Kanetsu KK's Quick Ratio, along with its competitors' market caps and Quick 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.
Toyo Kanetsu KK Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Toyo Kanetsu KK's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Toyo Kanetsu KK's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Toyo Kanetsu KK's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Toyo Kanetsu KK (FRA:TQ2) has a Quick Ratio of 1.70 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Toyo Kanetsu KK and its competitors. This is near median its historical median of 1.70. Over the past decade, Toyo Kanetsu KK's Quick Ratio has ranged from 1.49 to 1.93. According to the industry distribution chart, Toyo Kanetsu KK ranks #1168 out of 3071 companies in the Industrial Products industry, placing it in the top 38%.
Is Toyo Kanetsu KK's Quick Ratio too high?
Toyo Kanetsu KK's current Quick Ratio of 1.70 is near median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 1.93. The Industrial Products industry median Quick Ratio is 1.39. Toyo Kanetsu KK's value of 1.70 is 22.3% above this industry median. Based on the distribution chart, Toyo Kanetsu KK ranks #1168 out of 3071 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Toyo Kanetsu KK has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Kanetsu KK's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Toyo Kanetsu KK ranks #1168 out of 3071 companies for Quick Ratio. This puts Toyo Kanetsu KK in the upper half of its industry. The industry median Quick Ratio is 1.39. Toyo Kanetsu KK's value of 1.70 is 22.3% above this benchmark. Historically, Toyo Kanetsu KK's own Quick Ratio has ranged from 1.49 to 1.93 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.39, Toyo Kanetsu KK 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 Quick Ratio for an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toyo Kanetsu KK's current Quick Ratio of 1.70 is 22.3% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Toyo Kanetsu KK and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Kanetsu KK's current Quick Ratio is 1.70, which is near median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Kanetsu KK stock overvalued right now?
Toyo Kanetsu KK (FRA:TQ2) has a current Quick Ratio of 1.70. The stock's GF Value™ is €12.24, compared to a current price of €13.00 — trading 6.2% above its estimated fair value. The current Quick Ratio is 1.70, which is near median its 10-year median of 1.70 and 22.3% above the Industrial Products industry median of 1.39. Toyo Kanetsu KK's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Toyo Kanetsu KK (FRA:TQ2), the current Quick Ratio is 1.70 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 Toyo Kanetsu KK (FRA:TQ2) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Kanetsu KK stock appears to be overvalued.
The current stock price of €13.00 is trading 6.2% above its estimated GF Value™ of €12.24.
Key valuation signals for FRA:TQ2:
Quick Ratio: 1.70 (near median its 10-year median of 1.70)
GF Value™: €12.24 vs. price of €13.00 (6.2% above fair value)
Industry Position: 22.3% above the Industrial Products median (#1168 of 3071)
No single metric tells the full story. See the FRA:TQ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.
80GF Score
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