Tokai Electronics CoNGO:8071 +1.18%69 Quick Ratio is 1.93 as of Mar. 2026, which is 25% above its 10-year median of 1.54. GuruFocus rates NGO:8071 with a GF Score™ of 69/100 and a GF Value™ of 円2,263.65 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,496 Hardware companies, Tokai Electronics Co ranks better than 64.82% on this metric.
Tokai Electronics Co has a quick ratio of 1.93. It generally indicates good short-term financial strength.
The historical rank and industry rank for Tokai Electronics Co's Quick Ratio or its related term are showing as below:
NGO:8071'
s Quick Ratio Range Over the Past 10 Years
Min: 1.02 Med: 1.54 Max: 2.84
Current: 1.93
During the past 13 years, Tokai Electronics Co's highest Quick Ratio was 2.84. The lowest was 1.02. And the median was 1.54.
NGO:8071's Quick Ratio is ranked better than 64.82% of 2496
companies
in the Hardware industry
Industry Median: 1.46
vs NGO:8071: 1.93
Tokai Electronics Co (NGO:8071) 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.
Tokai Electronics Co Quick Ratio Related Terms
Tokai Electronics Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Tokai Electronics 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.
For the Electronic Components subindustry, Tokai Electronics 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.
Tokai Electronics Co Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Tokai Electronics Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Tokai Electronics Co'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.
Tokai Electronics Co'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.
Tokai Electronics Co (NGO:8071) has a Quick Ratio of 1.93 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tokai Electronics Co and its competitors. This is 25% above median its historical median of 1.54. Over the past decade, Tokai Electronics Co's Quick Ratio has ranged from 1.02 to 2.84. According to the industry distribution chart, Tokai Electronics Co ranks #878 out of 2496 companies in the Hardware industry, placing it in the top 35.2%.
Is Tokai Electronics Co's Quick Ratio too high?
Tokai Electronics Co's current Quick Ratio of 1.93 is 25% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.84. The Hardware industry median Quick Ratio is 1.46. Tokai Electronics Co's value of 1.93 is 32.2% above this industry median. Based on the distribution chart, Tokai Electronics Co ranks #878 out of 2496 companies in the Hardware industry, which is above the industry midpoint. Overall, Tokai Electronics Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Electronics Co's Quick Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Tokai Electronics Co ranks #878 out of 2496 companies for Quick Ratio. This puts Tokai Electronics Co in the upper half of its industry. The industry median Quick Ratio is 1.46. Tokai Electronics Co's value of 1.93 is 32.2% above this benchmark. Historically, Tokai Electronics Co's own Quick Ratio has ranged from 1.02 to 2.84 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.46, Tokai Electronics 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,496 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. Tokai Electronics Co's current Quick Ratio of 1.93 is 32.2% 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 Tokai Electronics Co and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Electronics Co's current Quick Ratio is 1.93, which is 25% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Electronics Co (NGO:8071) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,263.65, compared to a current price of 円2,840.00 — trading 25.5% above its estimated fair value. The current Quick Ratio is 1.93, which is 25% above median its 10-year median of 1.54 and 32.2% above the Hardware industry median of 1.46. Tokai Electronics Co's overall GF Score™ is 69/100 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 Tokai Electronics Co (NGO:8071), the current Quick Ratio is 1.93 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 Tokai Electronics Co (NGO:8071) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Electronics Co stock appears to be overvalued.
The current stock price of 円2,840.00 is trading 25.5% above its estimated GF Value™ of 円2,263.65.
GuruFocus considers Tokai Electronics Co to be Modestly Overvalued.
Key valuation signals for NGO:8071:
Quick Ratio: 1.93 (25% above median its 10-year median of 1.54)
GF Value™: 円2,263.65 vs. price of 円2,840.00 (25.5% above fair value)
Industry Position: 32.2% above the Hardware median (#878 of 2496)
No single metric tells the full story. See the NGO:8071 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Electronics Co Ltd is engaged in the development, sales, import, and export of electronic devices, semiconductor devices, computer and microcomputer applied systems, and software.
69GF Score
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