CMC (NGO:2185) Quick Ratio: 5.79 (As of Mar. 2026) — 24% Above Median


NGO:2185 CMC Corp NGO:2185
65 GF Score
Price 円1,090.50
GF Value 円908.56
! 4 Warning Signs
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What is CMC Quick Ratio?

CMC NGO:2185 65 Quick Ratio is 5.79 as of Mar. 2026, which is 24% above its 10-year median of 4.67. GuruFocus rates NGO:2185 with a GF Score™ of 65/100 and a GF Value™ of 円908.56. The stock has 4 warning signs investors should review. Among 2,861 Software companies, CMC ranks better than 90.18% 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. CMC's quick ratio for the quarter that ended in Mar. 2026 was 5.79.

CMC has a quick ratio of 5.79. It generally indicates good short-term financial strength.

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

NGO:2185' s Quick Ratio Range Over the Past 10 Years
Min: 3.48   Med: 4.67   Max: 5.79
Current: 5.79

During the past 13 years, CMC's highest Quick Ratio was 5.79. The lowest was 3.48. And the median was 4.67.

NGO:2185's Quick Ratio is ranked better than
90.18% of 2861 companies
in the Software industry
Industry Median: 1.7 vs NGO:2185: 5.79

CMC  (NGO:2185) 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.


CMC Quick Ratio Related Terms


CMC Quick Ratio Historical Data

* Premium members only.

The historical data trend for CMC'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.

CMC Quick Ratio Chart

CMC Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.19 4.62 4.89 4.71 5.07

CMC Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.90 4.71 5.59 5.07 5.79

NGO:2185 vs IBM, ACN, FISV: Quick Ratio Comparison

For the Information Technology Services subindustry, CMC'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.


CMC Quick Ratio vs Software Industry

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

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


NGO:2185
65GF Score
CMC Corp NGO:2185
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CMC 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.

CMC's Quick Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Quick Ratio (A: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(17951.665-1067.066)/3330.226
=5.07

CMC'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
=(18843.359-875.326)/3105.145
=5.79

* 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 5.79 mean?
CMC (NGO:2185) has a Quick Ratio of 5.79 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CMC and its competitors. This is 24% above median its historical median of 4.67. Over the past decade, CMC's Quick Ratio has ranged from 3.48 to 5.79. According to the industry distribution chart, CMC ranks #281 out of 2861 companies in the Software industry, placing it in the top 9.8%.
Is CMC's Quick Ratio too high?
CMC's current Quick Ratio of 5.79 is 24% above median its 10-year median of 4.67. Over the past 10 years, this metric has ranged from a low of 3.48 to a high of 5.79. The Software industry median Quick Ratio is 1.70. CMC's value of 5.79 is 240.6% above this industry median. Based on the distribution chart, CMC ranks #281 out of 2861 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, CMC has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does CMC's Quick Ratio compare to IBM and ACN?
According to the Software industry distribution chart, CMC ranks #281 out of 2861 companies for Quick Ratio. This places CMC in the top 10% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.70. CMC's value of 5.79 is 240.6% above this benchmark. Historically, CMC's own Quick Ratio has ranged from 3.48 to 5.79 over the past decade. While the company's 10-year median is 4.67 vs. the industry median of 1.70, CMC 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,861 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. CMC's current Quick Ratio of 5.79 is 240.6% 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 CMC 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. CMC's current Quick Ratio is 5.79, which is 24% above median its own 10-year median of 4.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC stock overvalued right now?
CMC (NGO:2185) has a current Quick Ratio of 5.79. The stock's GF Value™ is 円908.56, compared to a current price of 円1,090.50 — trading 20% above its estimated fair value. The current Quick Ratio is 5.79, which is 24% above median its 10-year median of 4.67 and 240.6% above the Software industry median of 1.70. CMC's overall GF Score™ is 65/100 with 4 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 CMC (NGO:2185), the current Quick Ratio is 5.79 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 CMC (NGO:2185) Overvalued in 2026?

Based on GuruFocus' analysis, CMC stock appears to be overvalued. The current stock price of 円1,090.50 is trading 20% above its estimated GF Value™ of 円908.56.

Key valuation signals for NGO:2185:

  • Quick Ratio: 5.79 (24% above median its 10-year median of 4.67)
  • GF Value™: 円908.56 vs. price of 円1,090.50 (20% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 240.6% above the Software median (#281 of 2861)

No single metric tells the full story. See the NGO:2185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMC Business Description

Other Exchanges 2185:Japan
Address 1-19 Heiwa 1-chome, Naka-ku, Nagoya, JPN, 460-0021
CMC Corp is a Japanese company engaged in writing and editing technical manuals for automakers in Japan. The business is comprised of marketing operations and system development operations.
65GF Score

Get the complete analysis for NGO:2185

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

円1,090.50
Price
円908.56
GF Value