Nomura Research InstituteNURAF 88 Quick Ratio is 1.84 as of Mar. 2026, which is at its 10-year median of 1.84. GuruFocus rates NURAF with a GF Score™ of 88/100 and a GF Value™ of $30.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,861 Software companies, Nomura Research Institute ranks better than 53.69% on this metric.
Nomura Research Institute has a quick ratio of 1.84. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nomura Research Institute's Quick Ratio or its related term are showing as below:
NURAF'
s Quick Ratio Range Over the Past 10 Years
Min: 1.12 Med: 1.84 Max: 2.64
Current: 1.84
During the past 13 years, Nomura Research Institute's highest Quick Ratio was 2.64. The lowest was 1.12. And the median was 1.84.
NURAF's Quick Ratio is ranked better than 53.69% of 2861
companies
in the Software industry
Industry Median: 1.7
vs NURAF: 1.84
Nomura Research Institute (OTCPK:NURAF) 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.
Nomura Research Institute Quick Ratio Related Terms
Nomura Research Institute Quick Ratio Historical Data
* 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 Information Technology Services subindustry, Nomura Research Institute'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.
Nomura Research Institute Quick Ratio vs Software Industry
For the Software industry and Technology sector, Nomura Research Institute's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nomura Research Institute'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.
Nomura Research Institute'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.
Nomura Research Institute (NURAF) has a Quick Ratio of 1.84 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nomura Research Institute and its competitors. This is near median its historical median of 1.84. Over the past decade, Nomura Research Institute's Quick Ratio has ranged from 1.12 to 2.64. According to the industry distribution chart, Nomura Research Institute ranks #1325 out of 2861 companies in the Software industry, placing it in the top 46.3%.
Is Nomura Research Institute's Quick Ratio too high?
Nomura Research Institute's current Quick Ratio of 1.84 is near median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 2.64. The Software industry median Quick Ratio is 1.70. Nomura Research Institute's value of 1.84 is 8.2% above this industry median. Based on the distribution chart, Nomura Research Institute ranks #1325 out of 2861 companies in the Software industry, which is above the industry midpoint. Overall, Nomura Research Institute has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's Quick Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Nomura Research Institute ranks #1325 out of 2861 companies for Quick Ratio. This puts Nomura Research Institute in the upper half of its industry. The industry median Quick Ratio is 1.70. Nomura Research Institute's value of 1.84 is 8.2% above this benchmark. Historically, Nomura Research Institute's own Quick Ratio has ranged from 1.12 to 2.64 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.70, Nomura Research Institute 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. Nomura Research Institute's current Quick Ratio of 1.84 is 8.2% 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 Nomura Research Institute 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. Nomura Research Institute's current Quick Ratio is 1.84, which is near median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Nomura Research Institute (NURAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.67, compared to a current price of $25.65 — trading 16.4% below its estimated fair value. The current Quick Ratio is 1.84, which is near median its 10-year median of 1.84 and 8.2% above the Software industry median of 1.70. Nomura Research Institute's overall GF Score™ is 88/100 with 3 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 Nomura Research Institute (NURAF), the current Quick Ratio is 1.84 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 Nomura Research Institute (NURAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Research Institute stock appears to be undervalued.
The current stock price of $25.65 is trading 16.4% below its estimated GF Value™ of $30.67.
GuruFocus considers Nomura Research Institute to be Modestly Undervalued.
Key valuation signals for NURAF:
Quick Ratio: 1.84 (near median its 10-year median of 1.84)
GF Value™: $30.67 vs. price of $25.65 (16.4% below fair value)
Industry Position: 8.2% above the Software median (#1325 of 2861)
No single metric tells the full story. See the NURAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.
88GF Score
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