Tokyo Steel Manufacturing CoTOKSF 70 Quick Ratio is 2.03 as of Mar. 2026, which is 15% above its 10-year median of 1.77. GuruFocus rates TOKSF with a GF Score™ of 70/100 and a GF Value™ of $7.75 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 639 Steel companies, Tokyo Steel Manufacturing Co ranks better than 74.96% on this metric.
Tokyo Steel Manufacturing Co has a quick ratio of 2.03. It generally indicates good short-term financial strength.
The historical rank and industry rank for Tokyo Steel Manufacturing Co's Quick Ratio or its related term are showing as below:
TOKSF'
s Quick Ratio Range Over the Past 10 Years
Min: 1.47 Med: 1.77 Max: 2.26
Current: 2.03
During the past 13 years, Tokyo Steel Manufacturing Co's highest Quick Ratio was 2.26. The lowest was 1.47. And the median was 1.77.
TOKSF's Quick Ratio is ranked better than 74.96% of 639
companies
in the Steel industry
Industry Median: 1.02
vs TOKSF: 2.03
Tokyo Steel Manufacturing Co (OTCPK:TOKSF) 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.
Tokyo Steel Manufacturing Co Quick Ratio Related Terms
Tokyo Steel Manufacturing Co 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 Steel subindustry, Tokyo Steel Manufacturing 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.
Tokyo Steel Manufacturing Co Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Tokyo Steel Manufacturing Co's Quick Ratio falls into.
Tokyo Steel Manufacturing 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.
* 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.
Tokyo Steel Manufacturing Co (TOKSF) has a Quick Ratio of 2.03 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tokyo Steel Manufacturing Co and its competitors. This is 15% above median its historical median of 1.77. Over the past decade, Tokyo Steel Manufacturing Co's Quick Ratio has ranged from 1.47 to 2.26. According to the industry distribution chart, Tokyo Steel Manufacturing Co ranks #160 out of 639 companies in the Steel industry, placing it in the top 25%.
Is Tokyo Steel Manufacturing Co's Quick Ratio too high?
Tokyo Steel Manufacturing Co's current Quick Ratio of 2.03 is 15% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 2.26. The Steel industry median Quick Ratio is 1.02. Tokyo Steel Manufacturing Co's value of 2.03 is 99% above this industry median. Based on the distribution chart, Tokyo Steel Manufacturing Co ranks #160 out of 639 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo Steel Manufacturing Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Steel Manufacturing Co's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tokyo Steel Manufacturing Co ranks #160 out of 639 companies for Quick Ratio. This places Tokyo Steel Manufacturing Co in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Tokyo Steel Manufacturing Co's value of 2.03 is 99% above this benchmark. Historically, Tokyo Steel Manufacturing Co's own Quick Ratio has ranged from 1.47 to 2.26 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.02, Tokyo Steel Manufacturing 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 639 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. Tokyo Steel Manufacturing Co's current Quick Ratio of 2.03 is 99% 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 Tokyo Steel Manufacturing Co and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Steel Manufacturing Co's current Quick Ratio is 2.03, which is 15% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Steel Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co (TOKSF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.75, compared to a current price of $9.11 — trading 17.5% above its estimated fair value. The current Quick Ratio is 2.03, which is 15% above median its 10-year median of 1.77 and 99% above the Steel industry median of 1.02. Tokyo Steel Manufacturing Co's overall GF Score™ is 70/100 with 10 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 Tokyo Steel Manufacturing Co (TOKSF), the current Quick Ratio is 2.03 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 Tokyo Steel Manufacturing Co (TOKSF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co stock appears to be overvalued.
The current stock price of $9.11 is trading 17.5% above its estimated GF Value™ of $7.75.
GuruFocus considers Tokyo Steel Manufacturing Co to be Modestly Overvalued.
Key valuation signals for TOKSF:
Quick Ratio: 2.03 (15% above median its 10-year median of 1.77)
GF Value™: $7.75 vs. price of $9.11 (17.5% above fair value)
Industry Position: 99% above the Steel median (#160 of 639)
No single metric tells the full story. See the TOKSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Steel Manufacturing Co Ltd is a Japan-based company engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in a broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates the majority of its revenue from the Japanese domestic market.
70GF Score
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