NHK Spring CoNHKGF 78 Quick Ratio is 1.57 as of Mar. 2026, which is 13% above its 10-year median of 1.39. GuruFocus rates NHKGF with a GF Score™ of 78/100 and a GF Value™ of $11.30 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,337 Vehicles & Parts companies, NHK Spring Co ranks better than 71.65% 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. NHK Spring Co's quick ratio for the quarter that ended in Mar. 2026 was 1.57.
NHK Spring Co has a quick ratio of 1.57. It generally indicates good short-term financial strength.
The historical rank and industry rank for NHK Spring Co's Quick Ratio or its related term are showing as below:
NHKGF'
s Quick Ratio Range Over the Past 10 Years
Min: 1.23 Med: 1.39 Max: 1.62
Current: 1.57
During the past 13 years, NHK Spring Co's highest Quick Ratio was 1.62. The lowest was 1.23. And the median was 1.39.
NHKGF's Quick Ratio is ranked better than 71.65% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.06
vs NHKGF: 1.57
NHK Spring Co (OTCPK:NHKGF) 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.
NHK Spring Co Quick Ratio Related Terms
NHK Spring Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for NHK Spring 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 Auto Parts subindustry, NHK Spring 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.
NHK Spring Co Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, NHK Spring Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where NHK Spring 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.
NHK Spring 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.
NHK Spring Co (NHKGF) has a Quick Ratio of 1.57 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NHK Spring Co and its competitors. This is 13% above median its historical median of 1.39. Over the past decade, NHK Spring Co's Quick Ratio has ranged from 1.23 to 1.62. According to the industry distribution chart, NHK Spring Co ranks #379 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 28.3%.
Is NHK Spring Co's Quick Ratio too high?
NHK Spring Co's current Quick Ratio of 1.57 is 13% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 1.62. The Vehicles & Parts industry median Quick Ratio is 1.06. NHK Spring Co's value of 1.57 is 48.1% above this industry median. Based on the distribution chart, NHK Spring Co ranks #379 out of 1337 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, NHK Spring Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NHK Spring Co ranks #379 out of 1337 companies for Quick Ratio. This puts NHK Spring Co in the upper half of its industry. The industry median Quick Ratio is 1.06. NHK Spring Co's value of 1.57 is 48.1% above this benchmark. Historically, NHK Spring Co's own Quick Ratio has ranged from 1.23 to 1.62 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.06, NHK Spring 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, 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. NHK Spring Co's current Quick Ratio of 1.57 is 48.1% 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 NHK Spring Co and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NHK Spring Co's current Quick Ratio is 1.57, which is 13% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
Based on GuruFocus' analysis, NHK Spring Co (NHKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.30, compared to a current price of $24.51 — trading 116.9% above its estimated fair value. The current Quick Ratio is 1.57, which is 13% above median its 10-year median of 1.39 and 48.1% above the Vehicles & Parts industry median of 1.06. NHK Spring Co's overall GF Score™ is 78/100 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 NHK Spring Co (NHKGF), the current Quick Ratio is 1.57 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 NHK Spring Co (NHKGF) Overvalued in 2026?
Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued.
The current stock price of $24.51 is trading 116.9% above its estimated GF Value™ of $11.30.
GuruFocus considers NHK Spring Co to be Significantly Overvalued.
Key valuation signals for NHKGF:
Quick Ratio: 1.57 (13% above median its 10-year median of 1.39)
GF Value™: $11.30 vs. price of $24.51 (116.9% above fair value)
Industry Position: 48.1% above the Vehicles & Parts median (#379 of 1337)
No single metric tells the full story. See the NHKGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
78GF Score
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