Can Do Co (TSE:2698) Quick Ratio: 0.60 (As of Feb. 2026) — Near Median

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TSE:2698 Can Do Co Ltd TSE:2698
58 GF Score
Price 円3,525.00
GF Value 円3,534.08
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Can Do Co Quick Ratio?

Can Do Co TSE:2698 -0.56% 58 Quick Ratio is 0.60 as of Feb. 2026, which is 8% below its 10-year median of 0.65. GuruFocus rates TSE:2698 with a GF Score™ of 58/100 and a GF Value™ of 円3,534.08 (Fairly Valued). The stock has 1 warning sign investors should review. Among 313 Retail - Defensive companies, Can Do Co ranks worse than 64.86% 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. Can Do Co's quick ratio for the quarter that ended in Feb. 2026 was 0.60.

Can Do Co has a quick ratio of 0.60. It indicates that the company cannot currently fully pay back its current liabilities.

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

TSE:2698' s Quick Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.65   Max: 0.74
Current: 0.63

During the past 13 years, Can Do Co's highest Quick Ratio was 0.74. The lowest was 0.47. And the median was 0.65.

TSE:2698's Quick Ratio is ranked worse than
64.86% of 313 companies
in the Retail - Defensive industry
Industry Median: 0.87 vs TSE:2698: 0.63

Can Do Co  (TSE:2698) 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.


Can Do Co Quick Ratio Related Terms


Can Do Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Can Do 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.

Can Do Co Quick Ratio Chart

Can Do Co Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Feb24 Feb25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.62 0.63 0.51 0.47

Can Do Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.54 0.62 0.61 0.60 0.63

TSE:2698 vs WMT, COST, TGT: Quick Ratio Comparison

For the Discount Stores subindustry, Can Do 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.


Can Do Co Quick Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Can Do Co's Quick Ratio distribution charts can be found below:

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


TSE:2698
58GF Score
Can Do Co Ltd TSE:2698
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Can Do 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.

Can Do Co's Quick Ratio for the fiscal year that ended in Feb. 2025 is calculated as

Quick Ratio (A: Feb. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(15197-8449)/14285
=0.47

Can Do Co's Quick Ratio for the quarter that ended in Feb. 2026 is calculated as

Quick Ratio (Q: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(18665-8180)/17422
=0.60

* 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 0.60 mean?
Can Do Co (TSE:2698) has a Quick Ratio of 0.60 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Can Do Co and its competitors. This is near median its historical median of 0.65. Over the past decade, Can Do Co's Quick Ratio has ranged from 0.47 to 0.74. According to the industry distribution chart, Can Do Co ranks #203 out of 313 companies in the Retail - Defensive industry, placing it in the top 64.9%.
Is Can Do Co's Quick Ratio too high?
Can Do Co's current Quick Ratio of 0.60 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.74. The Retail - Defensive industry median Quick Ratio is 0.87. Can Do Co's value of 0.60 is 31% below this industry median. Based on the distribution chart, Can Do Co ranks #203 out of 313 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Can Do Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Can Do Co's Quick Ratio compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Can Do Co ranks #203 out of 313 companies for Quick Ratio. This places Can Do Co in the lower half of its industry. The industry median Quick Ratio is 0.87. Can Do Co's value of 0.60 is 31% below this benchmark. Historically, Can Do Co's own Quick Ratio has ranged from 0.47 to 0.74 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.87, Can Do 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 Retail - Defensive company?
The median Quick Ratio among Retail - Defensive companies is 0.87, based on 313 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. Can Do Co's current Quick Ratio of 0.60 is 31% 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 Can Do Co and its competitors. For the Retail - Defensive industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Can Do Co's current Quick Ratio is 0.60, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Can Do Co stock overvalued right now?
Based on GuruFocus' analysis, Can Do Co (TSE:2698) is currently considered Fairly Valued. The stock's GF Value™ is 円3,534.08, compared to a current price of 円3,525.00 — trading 0.3% below its estimated fair value. The current Quick Ratio is 0.60, which is near median its 10-year median of 0.65 and 31% below the Retail - Defensive industry median of 0.87. Can Do Co's overall GF Score™ is 58/100 with 1 warning sign 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 Can Do Co (TSE:2698), the current Quick Ratio is 0.60 as of Feb. 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 Can Do Co (TSE:2698) Overvalued in 2026?

Based on GuruFocus' analysis, Can Do Co stock appears to be undervalued. The current stock price of 円3,525.00 is trading 0.3% below its estimated GF Value™ of 円3,534.08. GuruFocus considers Can Do Co to be Fairly Valued.

Key valuation signals for TSE:2698:

  • Quick Ratio: 0.60 (near median its 10-year median of 0.65)
  • GF Value™: 円3,534.08 vs. price of 円3,525.00 (0.3% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 31% below the Retail - Defensive median (#203 of 313)

No single metric tells the full story. See the TSE:2698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Can Do Co Business Description

Address 2-21-1 Kitashinjuku, Shinjuku-ku, Tokyo, JPN, 169-0074
Can Do Co Ltd main business is to develop a chain of retail stores for daily miscellaneous goods and processed food. The company generates the majority of its revenue from Japan. The company is a single business whose main purpose is to develop a chain of retail stores for daily miscellaneous goods and processed foods. Product wise the company generates the majority of its revenue from the sale of daily goods followed by sales of processed foods.
58GF Score

Get the complete analysis for TSE:2698

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

円3,525.00
Price
円3,534.08
GF Value