Topy IndustriesNGO:7231 69 Quick Ratio is 1.06 as of Mar. 2026, which is 3% above its 10-year median of 1.03. GuruFocus rates NGO:7231 with a GF Score™ of 69/100 and a GF Value™ of 円2,473.99. The stock has 4 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Topy Industries ranks better than 50.64% 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. Topy Industries's quick ratio for the quarter that ended in Mar. 2026 was 1.06.
Topy Industries has a quick ratio of 1.06. It generally indicates good short-term financial strength.
The historical rank and industry rank for Topy Industries's Quick Ratio or its related term are showing as below:
NGO:7231'
s Quick Ratio Range Over the Past 10 Years
Min: 0.97 Med: 1.03 Max: 1.06
Current: 1.06
During the past 13 years, Topy Industries's highest Quick Ratio was 1.06. The lowest was 0.97. And the median was 1.03.
NGO:7231's Quick Ratio is ranked better than 50.64% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.05
vs NGO:7231: 1.06
Topy Industries (NGO:7231) 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.
Topy Industries Quick Ratio Related Terms
Topy Industries Quick Ratio Historical Data
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The historical data trend for Topy Industries'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 Auto Parts subindustry, Topy Industries'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.
Topy Industries Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Topy Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Topy Industries'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.
Topy Industries'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.
Topy Industries (NGO:7231) has a Quick Ratio of 1.06 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Topy Industries and its competitors. This is near median its historical median of 1.03. Over the past decade, Topy Industries' Quick Ratio has ranged from 0.97 to 1.06. According to the industry distribution chart, Topy Industries ranks #660 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 49.4%.
Is Topy Industries' Quick Ratio too high?
Topy Industries' current Quick Ratio of 1.06 is near median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 1.06. The Vehicles & Parts industry median Quick Ratio is 1.05. Topy Industries' value of 1.06 is 1% above this industry median. Based on the distribution chart, Topy Industries ranks #660 out of 1337 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Topy Industries has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Topy Industries' Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Topy Industries ranks #660 out of 1337 companies for Quick Ratio. This puts Topy Industries in the upper half of its industry. The industry median Quick Ratio is 1.05. Topy Industries' value of 1.06 is 1% above this benchmark. Historically, Topy Industries' own Quick Ratio has ranged from 0.97 to 1.06 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.05, Topy Industries 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.05, based on 1,337 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. Topy Industries's current Quick Ratio of 1.06 is 1% 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 Topy Industries and its competitors. For the Vehicles & Parts 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. Topy Industries's current Quick Ratio is 1.06, which is near median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topy Industries stock overvalued right now?
Topy Industries (NGO:7231) has a current Quick Ratio of 1.06. The stock's GF Value™ is 円2,473.99, compared to a current price of 円2,850.00 — trading 15.2% above its estimated fair value. The current Quick Ratio is 1.06, which is near median its 10-year median of 1.03 and 1% above the Vehicles & Parts industry median of 1.05. Topy Industries' overall GF Score™ is 69/100 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 Topy Industries (NGO:7231), the current Quick Ratio is 1.06 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 Topy Industries (NGO:7231) Overvalued in 2026?
Based on GuruFocus' analysis, Topy Industries stock appears to be overvalued.
The current stock price of 円2,850.00 is trading 15.2% above its estimated GF Value™ of 円2,473.99.
Key valuation signals for NGO:7231:
Quick Ratio: 1.06 (near median its 10-year median of 1.03)
GF Value™: 円2,473.99 vs. price of 円2,850.00 (15.2% above fair value)
Industry Position: 1% above the Vehicles & Parts median (#660 of 1337)
No single metric tells the full story. See the NGO:7231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topy Industries Ltd is a Japanese producer of steel and automotive and industrial machinery components. Topy's largest segment by revenue, automotive and industrial machinery components, produces steel and aluminum wheels for passenger cars, commercial trucks, and buses; ultra-large-diameter wheels for mining dump trucks; industrial spring steel fasteners; and undercarriage components such as track shoes, cutting edges, links, and rollers. In its second- largest segment, the company produces general steel sections, deformed and flat bars, mast rail sections for forklifts, and universal mill plates.
69GF Score
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