Asulina Co (TSE:3647) Quick Ratio: 3.19 (As of Feb. 2026) — 15% Above Median


TSE:3647 Asulina Co Ltd TSE:3647
45 GF Score
Price 円116.00
GF Value 円158.40
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Asulina Co Quick Ratio?

Asulina Co TSE:3647 -0.85% 45 Quick Ratio is 3.19 as of Feb. 2026, which is 15% above its 10-year median of 2.77. GuruFocus rates TSE:3647 with a GF Score™ of 45/100 and a GF Value™ of 円158.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, Asulina Co ranks better than 85.2% 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. Asulina Co's quick ratio for the quarter that ended in Feb. 2026 was 3.19.

Asulina Co has a quick ratio of 3.19. It generally indicates good short-term financial strength.

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

TSE:3647' s Quick Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2.77   Max: 8.67
Current: 3.19

During the past 13 years, Asulina Co's highest Quick Ratio was 8.67. The lowest was 0.97. And the median was 2.77.

TSE:3647's Quick Ratio is ranked better than
85.2% of 446 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.24 vs TSE:3647: 3.19

Asulina Co  (TSE:3647) 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.


Asulina Co Quick Ratio Related Terms


Asulina Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Asulina 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.

Asulina Co Quick Ratio Chart

Asulina Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.89 5.91 3.33 3.54 3.62

Asulina Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 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 4.69 3.54 2.36 3.62 3.19

Asulina Co Quick Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Asulina 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.


Asulina Co Quick Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Asulina Co's Quick Ratio distribution charts can be found below:

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


TSE:3647
45GF Score
Asulina Co Ltd TSE:3647
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asulina 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.

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

Quick Ratio (A: Aug. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1082.034-488.788)/164.091
=3.62

Asulina 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
=(945.128-477.493)/146.371
=3.19

* 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 3.19 mean?
Asulina Co (TSE:3647) has a Quick Ratio of 3.19 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Asulina Co and its competitors. This is 15% above median its historical median of 2.77. Over the past decade, Asulina Co's Quick Ratio has ranged from 0.97 to 8.67. According to the industry distribution chart, Asulina Co ranks #66 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 14.8%.
Is Asulina Co's Quick Ratio too high?
Asulina Co's current Quick Ratio of 3.19 is 15% above median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 8.67. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. Asulina Co's value of 3.19 is 157.3% above this industry median. Based on the distribution chart, Asulina Co ranks #66 out of 446 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Asulina Co has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asulina Co's Quick Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Asulina Co ranks #66 out of 446 companies for Quick Ratio. This places Asulina Co in the top 15% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.24. Asulina Co's value of 3.19 is 157.3% above this benchmark. Historically, Asulina Co's own Quick Ratio has ranged from 0.97 to 8.67 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 1.24, Asulina 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 an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 446 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. Asulina Co's current Quick Ratio of 3.19 is 157.3% 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 Asulina Co and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asulina Co's current Quick Ratio is 3.19, which is 15% above median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asulina Co stock overvalued right now?
Based on GuruFocus' analysis, Asulina Co (TSE:3647) is currently considered Modestly Undervalued. The stock's GF Value™ is 円158.40, compared to a current price of 円116.00 — trading 26.8% below its estimated fair value. The current Quick Ratio is 3.19, which is 15% above median its 10-year median of 2.77 and 157.3% above the Utilities - Independent Power Producers industry median of 1.24. Asulina Co's overall GF Score™ is 45/100 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 Asulina Co (TSE:3647), the current Quick Ratio is 3.19 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 Asulina Co (TSE:3647) Overvalued in 2026?

Based on GuruFocus' analysis, Asulina Co stock appears to be undervalued. The current stock price of 円116.00 is trading 26.8% below its estimated GF Value™ of 円158.40. GuruFocus considers Asulina Co to be Modestly Undervalued.

Key valuation signals for TSE:3647:

  • Quick Ratio: 3.19 (15% above median its 10-year median of 2.77)
  • GF Value™: 円158.40 vs. price of 円116.00 (26.8% below fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 157.3% above the Utilities - Independent Power Producers median (#66 of 446)

No single metric tells the full story. See the TSE:3647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asulina Co Business Description

Address 2-3-14 Higashishinagawa, Shinagawa-ku, Tokyo Front Terrace 12th floor, Tokyo, JPN, 140-0002
Asulina Co Ltd is engaged in Renewable energy business, new energy business and sustainable business.
45GF Score

Get the complete analysis for TSE:3647

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

円116.00
Price
円158.40
GF Value