HNWAF (Hanwa Co) Quick Ratio: 1.36 (As of Mar. 2026) — Near Median

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HNWAF Hanwa Co Ltd HNWAF
57 GF Score
Price $10.79
GF Value $7.60
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hanwa Co Quick Ratio?

Hanwa Co HNWAF -1.55% 57 Quick Ratio is 1.36 as of Mar. 2026, which is 5% above its 10-year median of 1.29. GuruFocus rates HNWAF with a GF Score™ of 57/100 and a GF Value™ of $7.60 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 567 Conglomerates companies, Hanwa Co ranks better than 60.14% 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. Hanwa Co's quick ratio for the quarter that ended in Mar. 2026 was 1.36.

Hanwa Co has a quick ratio of 1.36. It generally indicates good short-term financial strength.

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

HNWAF' s Quick Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.29   Max: 1.37
Current: 1.36

During the past 13 years, Hanwa Co's highest Quick Ratio was 1.37. The lowest was 0.83. And the median was 1.29.

HNWAF's Quick Ratio is ranked better than
60.14% of 567 companies
in the Conglomerates industry
Industry Median: 1.19 vs HNWAF: 1.36

Hanwa Co  (OTCPK:HNWAF) 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.


Hanwa Co Quick Ratio Related Terms


Hanwa Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Hanwa Co'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.

Hanwa Co Quick Ratio Chart

Hanwa Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 1.21 1.37 1.35 1.36

Hanwa Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 1.35 1.40 1.46 1.43 1.36

HNWAF vs HON, MMM: Quick Ratio Comparison

For the Conglomerates subindustry, Hanwa Co'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.


Hanwa Co Quick Ratio vs Conglomerates Industry

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

* The bar in red indicates where Hanwa Co's Quick Ratio falls into.


HNWAF
57GF Score
Hanwa Co Ltd HNWAF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hanwa Co Quick Ratio Calculation

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.

Hanwa Co's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5852.585-1836.18)/2943.95
=1.36

Hanwa Co's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5852.585-1836.18)/2943.95
=1.36

* 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 Quick Ratio →
What does a Quick Ratio of 1.36 mean?
Hanwa Co (HNWAF) has a Quick Ratio of 1.36 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hanwa Co and its competitors. This is near median its historical median of 1.29. Over the past decade, Hanwa Co's Quick Ratio has ranged from 0.83 to 1.37. According to the industry distribution chart, Hanwa Co ranks #226 out of 567 companies in the Conglomerates industry, placing it in the top 39.9%.
Is Hanwa Co's Quick Ratio too high?
Hanwa Co's current Quick Ratio of 1.36 is near median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.37. The Conglomerates industry median Quick Ratio is 1.19. Hanwa Co's value of 1.36 is 14.3% above this industry median. Based on the distribution chart, Hanwa Co ranks #226 out of 567 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Hanwa Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanwa Co's Quick Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hanwa Co ranks #226 out of 567 companies for Quick Ratio. This puts Hanwa Co in the upper half of its industry. The industry median Quick Ratio is 1.19. Hanwa Co's value of 1.36 is 14.3% above this benchmark. Historically, Hanwa Co's own Quick Ratio has ranged from 0.83 to 1.37 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.19, Hanwa 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 Quick Ratio for a Conglomerates company?
The median Quick Ratio among Conglomerates companies is 1.19, based on 567 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. Hanwa Co's current Quick Ratio of 1.36 is 14.3% 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 Hanwa Co and its competitors. For the Conglomerates industry, the median Quick Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanwa Co's current Quick Ratio is 1.36, which is near median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanwa Co stock overvalued right now?
Based on GuruFocus' analysis, Hanwa Co (HNWAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.60, compared to a current price of $10.79 — trading 42% above its estimated fair value. The current Quick Ratio is 1.36, which is near median its 10-year median of 1.29 and 14.3% above the Conglomerates industry median of 1.19. Hanwa Co's overall GF Score™ is 57/100 with 3 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 Hanwa Co (HNWAF), the current Quick Ratio is 1.36 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 Hanwa Co (HNWAF) Overvalued in 2026?

Based on GuruFocus' analysis, Hanwa Co stock appears to be overvalued. The current stock price of $10.79 is trading 42% above its estimated GF Value™ of $7.60. GuruFocus considers Hanwa Co to be Significantly Overvalued.

Key valuation signals for HNWAF:

  • Quick Ratio: 1.36 (near median its 10-year median of 1.29)
  • GF Value™: $7.60 vs. price of $10.79 (42% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 14.3% above the Conglomerates median (#226 of 567)

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


Hanwa Co Business Description

Other Exchanges 8078:JapanHW4:Germany
Address 1-13-1, Tsukiji, Chuo-ku, Ginza Shochiku Square Building, Tokyo, JPN, 104-8429
Hanwa Co Ltd is a Japan-based trading company with seven segments. The steel segment handles steel products and building materials. The metals and alloys segment supplies chromium, manganese, and other metals. The nonferrous metals segment recycles aluminum, copper, nickel, and chromium. The food products segment handles seafood. The petroleum and chemicals segment trades petroleum products and others. The overseas sales subsidiaries segment comprises Hanwa's overseas subsidiaries in North America and Asia. The other business segment imports forest products and handles amusement facilities and industrial machinery. Steel, petroleum and chemicals, and metals and alloys are the three largest segments by revenue contribution. Hanwa generates most of its revenue from Japanese domestic market.
57GF Score

Get the complete analysis for HNWAF

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

$10.79
Price
$7.60
GF Value