Trend Micro (MEX:4704N) Quick Ratio: 1.11 (As of Mar. 2026) — 39% Below Median


MEX:4704N Trend Micro Inc MEX:4704N
79 GF Score
Price MXN1,120.16
GF Value MXN1,797.92
! 2 Warning Signs
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What is Trend Micro Quick Ratio?

Trend Micro MEX:4704N 79 Quick Ratio is 1.11 as of Mar. 2026, which is 39% below its 10-year median of 1.81. GuruFocus rates MEX:4704N with a GF Score™ of 79/100 and a GF Value™ of MXN1,797.92. The stock has 2 warning signs investors should review. Among 2,865 Software companies, Trend Micro ranks worse than 71.59% 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. Trend Micro's quick ratio for the quarter that ended in Mar. 2026 was 1.11.

Trend Micro has a quick ratio of 1.11. It generally indicates good short-term financial strength.

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

MEX:4704N' s Quick Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.81   Max: 2.38
Current: 1.11

During the past 13 years, Trend Micro's highest Quick Ratio was 2.38. The lowest was 1.03. And the median was 1.81.

MEX:4704N's Quick Ratio is ranked worse than
71.59% of 2865 companies
in the Software industry
Industry Median: 1.7 vs MEX:4704N: 1.11

Trend Micro  (MEX:4704N) 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.


Trend Micro Quick Ratio Related Terms


Trend Micro Quick Ratio Historical Data

* Premium members only.

The historical data trend for Trend Micro'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.

Trend Micro Quick Ratio Chart

Trend Micro Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 1.36 1.44 1.12 1.16

Trend Micro 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 1.08 1.11 1.18 1.16 1.11

MEX:4704N vs MSFT, ORCL, PLTR: Quick Ratio Comparison

For the Software - Infrastructure subindustry, Trend Micro'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.


Trend Micro Quick Ratio vs Software Industry

For the Software industry and Technology sector, Trend Micro's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Trend Micro's Quick Ratio falls into.


MEX:4704N
79GF Score
Trend Micro Inc MEX:4704N
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Trend Micro 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.

Trend Micro's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(38420.398-1160.384)/32159.891
=1.16

Trend Micro'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
=(35297.148-1165.719)/30873.371
=1.11

* 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 1.11 mean?
Trend Micro (MEX:4704N) has a Quick Ratio of 1.11 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Trend Micro and its competitors. This is 39% below median its historical median of 1.81. Over the past decade, Trend Micro's Quick Ratio has ranged from 1.03 to 2.38. According to the industry distribution chart, Trend Micro ranks #2051 out of 2865 companies in the Software industry, placing it in the top 71.6%.
Is Trend Micro's Quick Ratio too high?
Trend Micro's current Quick Ratio of 1.11 is 39% below median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 2.38. The Software industry median Quick Ratio is 1.70. Trend Micro's value of 1.11 is 34.7% below this industry median. Based on the distribution chart, Trend Micro ranks #2051 out of 2865 companies in the Software industry, which is below the industry midpoint. Overall, Trend Micro has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Trend Micro's Quick Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Trend Micro ranks #2051 out of 2865 companies for Quick Ratio. This places Trend Micro in the lower half of its industry. The industry median Quick Ratio is 1.70. Trend Micro's value of 1.11 is 34.7% below this benchmark. Historically, Trend Micro's own Quick Ratio has ranged from 1.03 to 2.38 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.70, Trend Micro has consistently been below 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,865 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. Trend Micro's current Quick Ratio of 1.11 is 34.7% below 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 Trend Micro and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trend Micro's current Quick Ratio is 1.11, which is 39% below median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trend Micro stock overvalued right now?
Trend Micro (MEX:4704N) has a current Quick Ratio of 1.11. The stock's GF Value™ is MXN1,797.92, compared to a current price of MXN1,120.16 — trading 37.7% below its estimated fair value. The current Quick Ratio is 1.11, which is 39% below median its 10-year median of 1.81 and 34.7% below the Software industry median of 1.70. Trend Micro's overall GF Score™ is 79/100 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 Trend Micro (MEX:4704N), the current Quick Ratio is 1.11 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 Trend Micro (MEX:4704N) Overvalued in 2026?

Based on GuruFocus' analysis, Trend Micro stock appears to be undervalued. The current stock price of MXN1,120.16 is trading 37.7% below its estimated GF Value™ of MXN1,797.92.

Key valuation signals for MEX:4704N:

  • Quick Ratio: 1.11 (39% below median its 10-year median of 1.81)
  • GF Value™: MXN1,797.92 vs. price of MXN1,120.16 (37.7% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 34.7% below the Software median (#2051 of 2865)

No single metric tells the full story. See the MEX:4704N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trend Micro Business Description

Address 4-1-6 Shinjuku, JR Shinjuku Miraina Tower, Shinjuku-ku, Tokyo, JPN, 160-0022
Trend Micro Inc provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. The company operates through four geographic segments: Japan, North America, Europe, and Asia-Pacific.
79GF Score

Get the complete analysis for MEX:4704N

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

MXN1,120.16
Price
MXN1,797.92
GF Value