THDDY (TV Asahi Holdings) Quick Ratio: 2.02 (As of Mar. 2026) — 17% Below Median


THDDY TV Asahi Holdings Corp THDDY
79 GF Score
Price $20.60
GF Value $14.27
Valuation Significantly Overvalued
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What is TV Asahi Holdings Quick Ratio?

TV Asahi Holdings THDDY -0.68% 79 Quick Ratio is 2.02 as of Mar. 2026, which is 17% below its 10-year median of 2.43. GuruFocus rates THDDY with a GF Score™ of 79/100 and a GF Value™ of $14.27 (Significantly Overvalued). Among 1,031 Media - Diversified companies, TV Asahi Holdings ranks better than 65.37% 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. TV Asahi Holdings's quick ratio for the quarter that ended in Mar. 2026 was 2.02.

TV Asahi Holdings has a quick ratio of 2.02. It generally indicates good short-term financial strength.

The historical rank and industry rank for TV Asahi Holdings's Quick Ratio or its related term are showing as below:

THDDY' s Quick Ratio Range Over the Past 10 Years
Min: 2.01   Med: 2.43   Max: 2.71
Current: 2.02

During the past 13 years, TV Asahi Holdings's highest Quick Ratio was 2.71. The lowest was 2.01. And the median was 2.43.

THDDY's Quick Ratio is ranked better than
65.37% of 1031 companies
in the Media - Diversified industry
Industry Median: 1.46 vs THDDY: 2.02

TV Asahi Holdings  (OTCPK:THDDY) 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.


TV Asahi Holdings Quick Ratio Related Terms


TV Asahi Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for TV Asahi Holdings'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.

TV Asahi Holdings Quick Ratio Chart

TV Asahi Holdings 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 2.43 2.47 2.42 2.01 2.02

TV Asahi Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.01 2.18 2.19 2.19 2.02

THDDY vs NXST: Quick Ratio Comparison

For the Broadcasting subindustry, TV Asahi Holdings'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.


TV Asahi Holdings Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TV Asahi Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where TV Asahi Holdings's Quick Ratio falls into.


THDDY
79GF Score
TV Asahi Holdings Corp THDDY
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TV Asahi Holdings 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.

TV Asahi Holdings'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
=(1166.945-67.997)/545.378
=2.02

TV Asahi Holdings'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
=(1166.945-67.997)/545.378
=2.02

* 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 2.02 mean?
TV Asahi Holdings (THDDY) has a Quick Ratio of 2.02 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TV Asahi Holdings and its competitors. This is 17% below median its historical median of 2.43. Over the past decade, TV Asahi Holdings' Quick Ratio has ranged from 2.01 to 2.71. According to the industry distribution chart, TV Asahi Holdings ranks #357 out of 1031 companies in the Media - Diversified industry, placing it in the top 34.6%.
Is TV Asahi Holdings' Quick Ratio too high?
TV Asahi Holdings' current Quick Ratio of 2.02 is 17% below median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 2.71. The Media - Diversified industry median Quick Ratio is 1.46. TV Asahi Holdings' value of 2.02 is 38.4% above this industry median. Based on the distribution chart, TV Asahi Holdings ranks #357 out of 1031 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, TV Asahi Holdings has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TV Asahi Holdings' Quick Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, TV Asahi Holdings ranks #357 out of 1031 companies for Quick Ratio. This puts TV Asahi Holdings in the upper half of its industry. The industry median Quick Ratio is 1.46. TV Asahi Holdings' value of 2.02 is 38.4% above this benchmark. Historically, TV Asahi Holdings' own Quick Ratio has ranged from 2.01 to 2.71 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 1.46, TV Asahi Holdings 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 1,031 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. TV Asahi Holdings's current Quick Ratio of 2.02 is 38.4% 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 TV Asahi Holdings 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. TV Asahi Holdings's current Quick Ratio is 2.02, which is 17% below median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TV Asahi Holdings stock overvalued right now?
Based on GuruFocus' analysis, TV Asahi Holdings (THDDY) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.27, compared to a current price of $20.60 — trading 44.4% above its estimated fair value. The current Quick Ratio is 2.02, which is 17% below median its 10-year median of 2.43 and 38.4% above the Media - Diversified industry median of 1.46. TV Asahi Holdings' overall GF Score™ is 79/100. 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 TV Asahi Holdings (THDDY), the current Quick Ratio is 2.02 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 TV Asahi Holdings (THDDY) Overvalued in 2026?

Based on GuruFocus' analysis, TV Asahi Holdings stock appears to be overvalued. The current stock price of $20.60 is trading 44.4% above its estimated GF Value™ of $14.27. GuruFocus considers TV Asahi Holdings to be Significantly Overvalued.

Key valuation signals for THDDY:

  • Quick Ratio: 2.02 (17% below median its 10-year median of 2.43)
  • GF Value™: $14.27 vs. price of $20.60 (44.4% above fair value)
  • GF Score™: 79/100
  • Industry Position: 38.4% above the Media - Diversified median (#357 of 1031)

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


TV Asahi Holdings Business Description

Other Exchanges 9409:Japan
Address 6-9-1, Roppongi, Minato-ku, Tokyo, JPN, 106-8001
TV Asahi Holdings Corporation is a Japanese multimedia group. Ranging from its primary business of broadcast TV, the company owns and manages music publishing and miscellaneous businesses. The Television Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment attends to music copyrights and related rights as well as the artist management and recording businesses and through the Others segment, it is engaged in event management and the sale of digital goods such as DVDs. The company derives its revenue from TV Broadcasting Business.
79GF Score

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

$20.60
Price
$14.27
GF Value