Top's (TSE:243A) Quick Ratio: 2.56 (As of Mar. 2026) — 31% Below Median


TSE:243A Top's Inc TSE:243A
16 GF Score
Price 円1,122.00
! 5 Warning Signs
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What is Top's Quick Ratio?

Top's TSE:243A 16 Quick Ratio is 2.56 as of Mar. 2026, which is 31% below its 10-year median of 3.69. GuruFocus rates TSE:243A with a GF Score™ of 16/100. The stock has 5 warning signs investors should review.

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. Top's's quick ratio for the quarter that ended in Mar. 2026 was 2.56.

Top's has a quick ratio of 2.56. It generally indicates good short-term financial strength.

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

TSE:243A' s Quick Ratio Range Over the Past 10 Years
Min: 1.81   Med: 3.69   Max: 4.24
Current: 2.56

During the past 4 years, Top's's highest Quick Ratio was 4.24. The lowest was 1.81. And the median was 3.69.

TSE:243A's Quick Ratio is not ranked
in the Restaurants industry.
Industry Median: 0.88 vs TSE:243A: 2.56

Top's  (TSE:243A) 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.


Top's Quick Ratio Related Terms


Top's Quick Ratio Historical Data

* Premium members only.

The historical data trend for Top's'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.

Top's Quick Ratio Chart

Top's Annual Data
Trend Sep22 Sep23 Sep24 Sep25
Quick Ratio
3.74 3.85 4.24 2.78

Top's Semi-Annual Data
Sep22 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial 3.69 4.24 1.81 2.78 2.56

TSE:243A vs MCD, SBUX, CMG: Quick Ratio Comparison

For the Restaurants subindustry, Top's'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.


Top's Quick Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Top's's Quick Ratio distribution charts can be found below:

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


TSE:243A
16GF Score
Top's Inc TSE:243A
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Top's 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.

Top's's Quick Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Quick Ratio (A: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1028.374-106.811)/330.944
=2.78

Top's'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
=(1212.719-102.363)/433.013
=2.56

* 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 2.56 mean?
Top's (TSE:243A) has a Quick Ratio of 2.56 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Top's and its competitors. This is 31% below median its historical median of 3.69. Over the past decade, Top's' Quick Ratio has ranged from 1.81 to 4.24.
Is Top's' Quick Ratio too high?
Top's' current Quick Ratio of 2.56 is 31% below median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 4.24. The Restaurants industry median Quick Ratio is 0.88. Top's' value of 2.56 is 190.9% above this industry median. Overall, Top's has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Top's' Quick Ratio compare to MCD and SBUX?
Top's' Quick Ratio of 2.56 can be compared against companies in the Restaurants industry. The industry median Quick Ratio is 0.88. Top's' value of 2.56 is 190.9% above this benchmark. Historically, Top's' own Quick Ratio has ranged from 1.81 to 4.24 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 0.88, Top's 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 Restaurants company?
The median Quick Ratio among Restaurants companies is 0.88, based on 363 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. Top's's current Quick Ratio of 2.56 is 190.9% 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 Top's and its competitors. For the Restaurants industry, the median Quick Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top's's current Quick Ratio is 2.56, which is 31% below median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top's stock overvalued right now?
Top's (TSE:243A) has a current Quick Ratio of 2.56. The current Quick Ratio is 2.56, which is 31% below median its 10-year median of 3.69 and 190.9% above the Restaurants industry median of 0.88. Top's' overall GF Score™ is 16/100 with 5 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 Top's (TSE:243A), the current Quick Ratio is 2.56 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.

Top's Business Description

Address 3-16-11 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Top's Inc is engaged in manufacturing and selling of Western-style confectionery. The company is operating restaurants that serve light meals.
16GF Score

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

円1,122.00
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