Chubu-Nippon Broadcasting Co (NGO:9402) Quick Ratio: 3.31 (As of Mar. 2026) — 15% Below Median

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NGO:9402 Chubu-Nippon Broadcasting Co Ltd NGO:9402
56 GF Score
Price 円1,298.00
GF Value 円730.69
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Chubu-Nippon Broadcasting Co Quick Ratio?

Chubu-Nippon Broadcasting Co NGO:9402 +0.23% 56 Quick Ratio is 3.31 as of Mar. 2026, which is 15% below its 10-year median of 3.89. GuruFocus rates NGO:9402 with a GF Score™ of 56/100 and a GF Value™ of 円730.69 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,028 Media - Diversified companies, Chubu-Nippon Broadcasting Co ranks better than 81.91% 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. Chubu-Nippon Broadcasting Co's quick ratio for the quarter that ended in Mar. 2026 was 3.31.

Chubu-Nippon Broadcasting Co has a quick ratio of 3.31. It generally indicates good short-term financial strength.

The historical rank and industry rank for Chubu-Nippon Broadcasting Co's Quick Ratio or its related term are showing as below:

NGO:9402' s Quick Ratio Range Over the Past 10 Years
Min: 2.87   Med: 3.89   Max: 4.52
Current: 3.31

During the past 13 years, Chubu-Nippon Broadcasting Co's highest Quick Ratio was 4.52. The lowest was 2.87. And the median was 3.89.

NGO:9402's Quick Ratio is ranked better than
81.91% of 1028 companies
in the Media - Diversified industry
Industry Median: 1.46 vs NGO:9402: 3.31

Chubu-Nippon Broadcasting Co  (NGO:9402) 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.


Chubu-Nippon Broadcasting Co Quick Ratio Related Terms


Chubu-Nippon Broadcasting Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Chubu-Nippon Broadcasting 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.

Chubu-Nippon Broadcasting Co Quick Ratio Chart

Chubu-Nippon Broadcasting Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 4.06 3.91 3.87 3.31

Chubu-Nippon Broadcasting Co 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 3.91 4.42 3.87 4.56 3.31

NGO:9402 vs NXST: Quick Ratio Comparison

For the Broadcasting subindustry, Chubu-Nippon Broadcasting 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.


Chubu-Nippon Broadcasting Co Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Chubu-Nippon Broadcasting Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Chubu-Nippon Broadcasting Co's Quick Ratio falls into.


NGO:9402
56GF Score
Chubu-Nippon Broadcasting Co Ltd NGO:9402
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chubu-Nippon Broadcasting Co 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.

Chubu-Nippon Broadcasting Co's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(25588-30)/7727
=3.31

Chubu-Nippon Broadcasting Co'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
=(25588-30)/7727
=3.31

* 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 3.31 mean?
Chubu-Nippon Broadcasting Co (NGO:9402) has a Quick Ratio of 3.31 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Chubu-Nippon Broadcasting Co and its competitors. This is 15% below median its historical median of 3.89. Over the past decade, Chubu-Nippon Broadcasting Co's Quick Ratio has ranged from 2.87 to 4.52. According to the industry distribution chart, Chubu-Nippon Broadcasting Co ranks #186 out of 1028 companies in the Media - Diversified industry, placing it in the top 18.1%.
Is Chubu-Nippon Broadcasting Co's Quick Ratio too high?
Chubu-Nippon Broadcasting Co's current Quick Ratio of 3.31 is 15% below median its 10-year median of 3.89. Over the past 10 years, this metric has ranged from a low of 2.87 to a high of 4.52. The Media - Diversified industry median Quick Ratio is 1.46. Chubu-Nippon Broadcasting Co's value of 3.31 is 126.7% above this industry median. Based on the distribution chart, Chubu-Nippon Broadcasting Co ranks #186 out of 1028 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Chubu-Nippon Broadcasting Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chubu-Nippon Broadcasting Co's Quick Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, Chubu-Nippon Broadcasting Co ranks #186 out of 1028 companies for Quick Ratio. This places Chubu-Nippon Broadcasting Co in the top 18% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.46. Chubu-Nippon Broadcasting Co's value of 3.31 is 126.7% above this benchmark. Historically, Chubu-Nippon Broadcasting Co's own Quick Ratio has ranged from 2.87 to 4.52 over the past decade. While the company's 10-year median is 3.89 vs. the industry median of 1.46, Chubu-Nippon Broadcasting 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,028 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. Chubu-Nippon Broadcasting Co's current Quick Ratio of 3.31 is 126.7% 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 Chubu-Nippon Broadcasting Co and its competitors. For the Media - Diversified 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. Chubu-Nippon Broadcasting Co's current Quick Ratio is 3.31, which is 15% below median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chubu-Nippon Broadcasting Co stock overvalued right now?
Based on GuruFocus' analysis, Chubu-Nippon Broadcasting Co (NGO:9402) is currently considered Significantly Overvalued. The stock's GF Value™ is 円730.69, compared to a current price of 円1,298.00 — trading 77.6% above its estimated fair value. The current Quick Ratio is 3.31, which is 15% below median its 10-year median of 3.89 and 126.7% above the Media - Diversified industry median of 1.46. Chubu-Nippon Broadcasting Co's overall GF Score™ is 56/100 with 6 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 Chubu-Nippon Broadcasting Co (NGO:9402), the current Quick Ratio is 3.31 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 Chubu-Nippon Broadcasting Co (NGO:9402) Overvalued in 2026?

Based on GuruFocus' analysis, Chubu-Nippon Broadcasting Co stock appears to be overvalued. The current stock price of 円1,298.00 is trading 77.6% above its estimated GF Value™ of 円730.69. GuruFocus considers Chubu-Nippon Broadcasting Co to be Significantly Overvalued.

Key valuation signals for NGO:9402:

  • Quick Ratio: 3.31 (15% below median its 10-year median of 3.89)
  • GF Value™: 円730.69 vs. price of 円1,298.00 (77.6% above fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 126.7% above the Media - Diversified median (#186 of 1028)

No single metric tells the full story. See the NGO:9402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chubu-Nippon Broadcasting Co Business Description

Address 1-2-8 Shinsakae, Naka-ku, Aichi, Nagoya, JPN, 460-8405
Chubu-Nippon Broadcasting Co Ltd is engaged in broadcasting and real estate businesses.
56GF Score

Get the complete analysis for NGO:9402

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

円1,298.00
Price
円730.69
GF Value