TSI Holdings Co (TSE:3608) Quick Ratio: 1.39 (As of Feb. 2026) — Near Median


TSE:3608 TSI Holdings Co Ltd TSE:3608
83 GF Score
Price 円1,155.00
GF Value 円1,308.79
Valuation Modestly Undervalued
! 3 Warning Signs
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What is TSI Holdings Co Quick Ratio?

TSI Holdings Co TSE:3608 -1.62% 83 Quick Ratio is 1.39 as of Feb. 2026, which is 5% below its 10-year median of 1.47. GuruFocus rates TSE:3608 with a GF Score™ of 83/100 and a GF Value™ of 円1,308.79 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, TSI Holdings Co ranks better than 60.92% 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. TSI Holdings Co's quick ratio for the quarter that ended in Feb. 2026 was 1.39.

TSI Holdings Co has a quick ratio of 1.39. It generally indicates good short-term financial strength.

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

TSE:3608' s Quick Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.47   Max: 2.25
Current: 1.39

During the past 13 years, TSI Holdings Co's highest Quick Ratio was 2.25. The lowest was 0.96. And the median was 1.47.

TSE:3608's Quick Ratio is ranked better than
60.92% of 1067 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.1 vs TSE:3608: 1.39

TSI Holdings Co  (TSE:3608) 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.


TSI Holdings Co Quick Ratio Related Terms


TSI Holdings Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for TSI Holdings 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.

TSI Holdings Co Quick Ratio Chart

TSI Holdings Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 1.80 1.51 2.25 1.39

TSI Holdings Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 2.25 2.56 1.75 0.70 1.39

TSE:3608 vs RL, LEVI, VFC: Quick Ratio Comparison

For the Apparel Manufacturing subindustry, TSI Holdings 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.


TSI Holdings Co Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TSI Holdings Co's Quick Ratio distribution charts can be found below:

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


TSE:3608
83GF Score
TSI Holdings Co Ltd TSE:3608
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TSI Holdings 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.

TSI Holdings Co's Quick Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Quick Ratio (A: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(79682-30841)/35190
=1.39

TSI Holdings 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
=(79682-30841)/35190
=1.39

* 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 1.39 mean?
TSI Holdings Co (TSE:3608) has a Quick Ratio of 1.39 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TSI Holdings Co and its competitors. This is near median its historical median of 1.47. Over the past decade, TSI Holdings Co's Quick Ratio has ranged from 0.96 to 2.25. According to the industry distribution chart, TSI Holdings Co ranks #417 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.1%.
Is TSI Holdings Co's Quick Ratio too high?
TSI Holdings Co's current Quick Ratio of 1.39 is near median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 2.25. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.10. TSI Holdings Co's value of 1.39 is 26.4% above this industry median. Based on the distribution chart, TSI Holdings Co ranks #417 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, TSI Holdings Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TSI Holdings Co's Quick Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TSI Holdings Co ranks #417 out of 1067 companies for Quick Ratio. This puts TSI Holdings Co in the upper half of its industry. The industry median Quick Ratio is 1.10. TSI Holdings Co's value of 1.39 is 26.4% above this benchmark. Historically, TSI Holdings Co's own Quick Ratio has ranged from 0.96 to 2.25 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.10, TSI Holdings 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.10, based on 1,067 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. TSI Holdings Co's current Quick Ratio of 1.39 is 26.4% 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 TSI Holdings Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSI Holdings Co's current Quick Ratio is 1.39, which is near median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSI Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, TSI Holdings Co (TSE:3608) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,308.79, compared to a current price of 円1,155.00 — trading 11.8% below its estimated fair value. The current Quick Ratio is 1.39, which is near median its 10-year median of 1.47 and 26.4% above the Manufacturing - Apparel & Accessories industry median of 1.10. TSI Holdings Co's overall GF Score™ is 83/100 with 3 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 TSI Holdings Co (TSE:3608), the current Quick Ratio is 1.39 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 TSI Holdings Co (TSE:3608) Overvalued in 2026?

Based on GuruFocus' analysis, TSI Holdings Co stock appears to be undervalued. The current stock price of 円1,155.00 is trading 11.8% below its estimated GF Value™ of 円1,308.79. GuruFocus considers TSI Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:3608:

  • Quick Ratio: 1.39 (near median its 10-year median of 1.47)
  • GF Value™: 円1,308.79 vs. price of 円1,155.00 (11.8% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 26.4% above the Manufacturing - Apparel & Accessories median (#417 of 1067)

No single metric tells the full story. See the TSE:3608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSI Holdings Co Business Description

Address 8-5-27 Akasaka, Minato-ku, Tokyo, JPN
TSI Holdings Co Ltd is an apparel manufacturer that owns and licenses dozens of brands that it sells through department stores, other retail stores and shopping centers, and e-commerce channels. The majority of the company's sales are in Japan, with the remainder coming from China and other parts of Asia. TSI's highest-selling brands, which collectively account for more than half of the company's total revenue, include nano, Natural Beauty Basic, Margaret Howell, Pearly Gates, Rose Bud, Stussy, Proportion Body Dressing, Free's Mart, Human Woman, and Callaway Apparel.
83GF Score

Get the complete analysis for TSE:3608

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

円1,155.00
Price
円1,308.79
GF Value