CRI Middleware CoTSE:3698 +1.01%88 Quick Ratio is 8.03 as of Mar. 2026, which is 24% below its 10-year median of 10.59. GuruFocus rates TSE:3698 with a GF Score™ of 88/100 and a GF Value™ of 円1,145.47 (Fairly Valued). The stock has 1 warning sign investors should review. Among 566 Interactive Media companies, CRI Middleware Co ranks better than 91.17% on this metric.
CRI Middleware Co has a quick ratio of 8.03. It generally indicates good short-term financial strength.
The historical rank and industry rank for CRI Middleware Co's Quick Ratio or its related term are showing as below:
TSE:3698'
s Quick Ratio Range Over the Past 10 Years
Min: 3 Med: 10.59 Max: 39.62
Current: 8.03
During the past 13 years, CRI Middleware Co's highest Quick Ratio was 39.62. The lowest was 3.00. And the median was 10.59.
TSE:3698's Quick Ratio is ranked better than 91.17% of 566
companies
in the Interactive Media industry
Industry Median: 2.02
vs TSE:3698: 8.03
CRI Middleware Co (TSE:3698) 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.
CRI Middleware Co Quick Ratio Related Terms
CRI Middleware Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for CRI Middleware 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.
TSE:3698 vs NTES, EA, TTWO: Quick Ratio Comparison
For the Electronic Gaming & Multimedia subindustry, CRI Middleware 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.
CRI Middleware Co Quick Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, CRI Middleware Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where CRI Middleware Co's Quick Ratio falls into.
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.
CRI Middleware Co's Quick Ratio for the fiscal year that ended in Sep. 2025 is calculated as
* 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.
CRI Middleware Co (TSE:3698) has a Quick Ratio of 8.03 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CRI Middleware Co and its competitors. This is 24% below median its historical median of 10.59. Over the past decade, CRI Middleware Co's Quick Ratio has ranged from 3.00 to 39.62. According to the industry distribution chart, CRI Middleware Co ranks #50 out of 566 companies in the Interactive Media industry, placing it in the top 8.8%.
Is CRI Middleware Co's Quick Ratio too high?
CRI Middleware Co's current Quick Ratio of 8.03 is 24% below median its 10-year median of 10.59. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 39.62. The Interactive Media industry median Quick Ratio is 2.02. CRI Middleware Co's value of 8.03 is 297.5% above this industry median. Based on the distribution chart, CRI Middleware Co ranks #50 out of 566 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, CRI Middleware Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CRI Middleware Co's Quick Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, CRI Middleware Co ranks #50 out of 566 companies for Quick Ratio. This places CRI Middleware Co in the top 9% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.02. CRI Middleware Co's value of 8.03 is 297.5% above this benchmark. Historically, CRI Middleware Co's own Quick Ratio has ranged from 3.00 to 39.62 over the past decade. While the company's 10-year median is 10.59 vs. the industry median of 2.02, CRI Middleware 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 Interactive Media company?
The median Quick Ratio among Interactive Media companies is 2.02, based on 566 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. CRI Middleware Co's current Quick Ratio of 8.03 is 297.5% 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 CRI Middleware Co and its competitors. For the Interactive Media industry, the median Quick Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRI Middleware Co's current Quick Ratio is 8.03, which is 24% below median its own 10-year median of 10.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRI Middleware Co stock overvalued right now?
Based on GuruFocus' analysis, CRI Middleware Co (TSE:3698) is currently considered Fairly Valued. The stock's GF Value™ is 円1,145.47, compared to a current price of 円1,202.00 — trading 4.9% above its estimated fair value. The current Quick Ratio is 8.03, which is 24% below median its 10-year median of 10.59 and 297.5% above the Interactive Media industry median of 2.02. CRI Middleware Co's overall GF Score™ is 88/100 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 CRI Middleware Co (TSE:3698), the current Quick Ratio is 8.03 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.
Is CRI Middleware Co (TSE:3698) Overvalued in 2026?
Based on GuruFocus' analysis, CRI Middleware Co stock appears to be overvalued.
The current stock price of 円1,202.00 is trading 4.9% above its estimated GF Value™ of 円1,145.47.
GuruFocus considers CRI Middleware Co to be Fairly Valued.
Key valuation signals for TSE:3698:
Quick Ratio: 8.03 (24% below median its 10-year median of 10.59)
GF Value™: 円1,145.47 vs. price of 円1,202.00 (4.9% above fair value)
Industry Position: 297.5% above the Interactive Media median (#50 of 566)
No single metric tells the full story. See the TSE:3698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CRI Middleware Co Ltd is a provider of audio and video solutions for the gaming industry. It is engaged in the research and development of voice, video and file systems. Further, it also provides sales and support of middleware products. Geographically, the activities are carried out through the region of Japan.
88GF Score
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