Internet Initiative JapanIIJIF -3.09%94 Quick Ratio is 1.12 as of Mar. 2026, which is 15% below its 10-year median of 1.31. GuruFocus rates IIJIF with a GF Score™ of 94/100 and a GF Value™ of $19.66 (Fairly Valued). The stock has 5 warning signs investors should review. Among 369 Telecommunication Services companies, Internet Initiative Japan ranks better than 55.83% on this metric.
Internet Initiative Japan has a quick ratio of 1.12. It generally indicates good short-term financial strength.
The historical rank and industry rank for Internet Initiative Japan's Quick Ratio or its related term are showing as below:
IIJIF'
s Quick Ratio Range Over the Past 10 Years
Min: 1.11 Med: 1.31 Max: 1.53
Current: 1.12
During the past 13 years, Internet Initiative Japan's highest Quick Ratio was 1.53. The lowest was 1.11. And the median was 1.31.
IIJIF's Quick Ratio is ranked better than 55.83% of 369
companies
in the Telecommunication Services industry
Industry Median: 1.05
vs IIJIF: 1.12
Internet Initiative Japan (OTCPK:IIJIF) 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.
Internet Initiative Japan Quick Ratio Related Terms
Internet Initiative Japan Quick Ratio Historical Data
* 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 Telecom Services subindustry, Internet Initiative Japan'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.
Internet Initiative Japan Quick Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Internet Initiative Japan's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Internet Initiative Japan'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.
Internet Initiative Japan'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.
Internet Initiative Japan (IIJIF) has a Quick Ratio of 1.12 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Internet Initiative Japan and its competitors. This is 15% below median its historical median of 1.31. Over the past decade, Internet Initiative Japan's Quick Ratio has ranged from 1.11 to 1.53. According to the industry distribution chart, Internet Initiative Japan ranks #163 out of 369 companies in the Telecommunication Services industry, placing it in the top 44.2%.
Is Internet Initiative Japan's Quick Ratio too high?
Internet Initiative Japan's current Quick Ratio of 1.12 is 15% below median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 1.53. The Telecommunication Services industry median Quick Ratio is 1.05. Internet Initiative Japan's value of 1.12 is 6.7% above this industry median. Based on the distribution chart, Internet Initiative Japan ranks #163 out of 369 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Internet Initiative Japan has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Internet Initiative Japan's Quick Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Internet Initiative Japan ranks #163 out of 369 companies for Quick Ratio. This puts Internet Initiative Japan in the upper half of its industry. The industry median Quick Ratio is 1.05. Internet Initiative Japan's value of 1.12 is 6.7% above this benchmark. Historically, Internet Initiative Japan's own Quick Ratio has ranged from 1.11 to 1.53 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.05, Internet Initiative Japan 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 Telecommunication Services company?
The median Quick Ratio among Telecommunication Services companies is 1.05, based on 369 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. Internet Initiative Japan's current Quick Ratio of 1.12 is 6.7% 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 Internet Initiative Japan and its competitors. For the Telecommunication Services industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Internet Initiative Japan's current Quick Ratio is 1.12, which is 15% below median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Internet Initiative Japan stock overvalued right now?
Based on GuruFocus' analysis, Internet Initiative Japan (IIJIF) is currently considered Fairly Valued. The stock's GF Value™ is $19.66, compared to a current price of $18.51 — trading 5.8% below its estimated fair value. The current Quick Ratio is 1.12, which is 15% below median its 10-year median of 1.31 and 6.7% above the Telecommunication Services industry median of 1.05. Internet Initiative Japan's overall GF Score™ is 94/100 with 5 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 Internet Initiative Japan (IIJIF), the current Quick Ratio is 1.12 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 Internet Initiative Japan (IIJIF) Overvalued in 2026?
Based on GuruFocus' analysis, Internet Initiative Japan stock appears to be undervalued.
The current stock price of $18.51 is trading 5.8% below its estimated GF Value™ of $19.66.
GuruFocus considers Internet Initiative Japan to be Fairly Valued.
Key valuation signals for IIJIF:
Quick Ratio: 1.12 (15% below median its 10-year median of 1.31)
GF Value™: $19.66 vs. price of $18.51 (5.8% below fair value)
Industry Position: 6.7% above the Telecommunication Services median (#163 of 369)
No single metric tells the full story. See the IIJIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.
94GF Score
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