TOYO (Toyo Co) Quick Ratio: 0.31 (As of Dec. 2025) — Near Median


TOYO Toyo Co Ltd TOYO
21 GF Score
Price $7.23
! 2 Warning Signs
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What is Toyo Co Quick Ratio?

Toyo Co TOYO -1.63% 21 Quick Ratio is 0.31 as of Dec. 2025, which is 3% above its 10-year median of 0.30. GuruFocus rates TOYO with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,029 Semiconductors companies, Toyo Co ranks worse than 97.76% 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. Toyo Co's quick ratio for the quarter that ended in Dec. 2025 was 0.31.

Toyo Co has a quick ratio of 0.31. It indicates that the company cannot currently fully pay back its current liabilities.

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

TOYO' s Quick Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.3   Max: 0.72
Current: 0.31

During the past 4 years, Toyo Co's highest Quick Ratio was 0.72. The lowest was 0.25. And the median was 0.30.

TOYO's Quick Ratio is ranked worse than
97.76% of 1029 companies
in the Semiconductors industry
Industry Median: 1.85 vs TOYO: 0.31

Toyo Co  (NAS:TOYO) 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.


Toyo Co Quick Ratio Related Terms


Toyo Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Toyo 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.

Toyo Co Quick Ratio Chart

Toyo Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Quick Ratio
0.72 0.25 0.28 0.31

Toyo Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Quick Ratio Get a 7-Day Free Trial 0.25 0.48 0.28 0.26 0.31

TOYO vs TYGO, SPWR, HYSR: Quick Ratio Comparison

For the Solar subindustry, Toyo 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.


Toyo Co Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Toyo Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Toyo Co's Quick Ratio falls into.


TOYO
21GF Score
Toyo Co Ltd TOYO
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Toyo 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.

Toyo Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(171.845-79.986)/295.704
=0.31

Toyo Co's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(171.845-79.986)/295.704
=0.31

* 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 0.31 mean?
Toyo Co (TOYO) has a Quick Ratio of 0.31 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Toyo Co and its competitors. This is near median its historical median of 0.30. Over the past decade, Toyo Co's Quick Ratio has ranged from 0.25 to 0.72. According to the industry distribution chart, Toyo Co ranks #1006 out of 1029 companies in the Semiconductors industry, placing it in the top 97.8%.
Is Toyo Co's Quick Ratio too high?
Toyo Co's current Quick Ratio of 0.31 is near median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.72. The Semiconductors industry median Quick Ratio is 1.85. Toyo Co's value of 0.31 is 83.2% below this industry median. Based on the distribution chart, Toyo Co ranks #1006 out of 1029 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Toyo Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Co's Quick Ratio compare to TYGO and SPWR?
According to the Semiconductors industry distribution chart, Toyo Co ranks #1006 out of 1029 companies for Quick Ratio. This places Toyo Co in the lower half of its industry. The industry median Quick Ratio is 1.85. Toyo Co's value of 0.31 is 83.2% below this benchmark. Historically, Toyo Co's own Quick Ratio has ranged from 0.25 to 0.72 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.85, Toyo Co has consistently been below 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,029 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. Toyo Co's current Quick Ratio of 0.31 is 83.2% below 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 Toyo Co and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Co's current Quick Ratio is 0.31, which is near median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Co stock overvalued right now?
Toyo Co (TOYO) has a current Quick Ratio of 0.31. The current Quick Ratio is 0.31, which is near median its 10-year median of 0.30 and 83.2% below the Semiconductors industry median of 1.85. Toyo Co's overall GF Score™ is 21/100 with 2 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 Toyo Co (TOYO), the current Quick Ratio is 0.31 as of Dec. 2025. 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.

Toyo Co Business Description

Address Tennoz First Tower, 16 Floor, 2-2-4, Higashi-shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0002
Toyo Co Ltd, along with its subsidiaries, is engaged in research and development, production, and sales of solar cells and solar modules and related businesses. The company operates across the solar value chain, including upstream wafer and silicon manufacturing, midstream solar cell production, and downstream photovoltaic (PV) module production. It generated revenues from sales of solar cells, solar modules and provision of facilitation services. Geographically, the company derived the majority of the revenue from the USA.
21GF Score

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