Hodogaya Chemical Co (TSE:4112) Quick Ratio: 1.75 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4112 Hodogaya Chemical Co Ltd TSE:4112
81 GF Score
Price 円2,012.00
GF Value 円1,983.38
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Hodogaya Chemical Co Quick Ratio?

Hodogaya Chemical Co TSE:4112 -1.71% 81 Quick Ratio is 1.75 as of Mar. 2026, which is 2% below its 10-year median of 1.79. GuruFocus rates TSE:4112 with a GF Score™ of 81/100 and a GF Value™ of 円1,983.38 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,605 Chemicals companies, Hodogaya Chemical Co ranks better than 62.74% 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. Hodogaya Chemical Co's quick ratio for the quarter that ended in Mar. 2026 was 1.75.

Hodogaya Chemical Co has a quick ratio of 1.75. It generally indicates good short-term financial strength.

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

TSE:4112' s Quick Ratio Range Over the Past 10 Years
Min: 1.68   Med: 1.79   Max: 2.15
Current: 1.75

During the past 13 years, Hodogaya Chemical Co's highest Quick Ratio was 2.15. The lowest was 1.68. And the median was 1.79.

TSE:4112's Quick Ratio is ranked better than
62.74% of 1605 companies
in the Chemicals industry
Industry Median: 1.38 vs TSE:4112: 1.75

Hodogaya Chemical Co  (TSE:4112) 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.


Hodogaya Chemical Co Quick Ratio Related Terms


Hodogaya Chemical Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Hodogaya Chemical 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.

Hodogaya Chemical Co Quick Ratio Chart

Hodogaya Chemical Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 1.89 1.76 1.68 1.75

Hodogaya Chemical Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.68 1.66 1.78 1.66 1.75

TSE:4112 vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Hodogaya Chemical 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.


Hodogaya Chemical Co Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hodogaya Chemical Co's Quick Ratio distribution charts can be found below:

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


TSE:4112
81GF Score
Hodogaya Chemical Co Ltd TSE:4112
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hodogaya Chemical 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.

Hodogaya Chemical Co's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(37198-13429)/13617
=1.75

Hodogaya Chemical Co'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
=(37198-13429)/13617
=1.75

* 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 1.75 mean?
Hodogaya Chemical Co (TSE:4112) has a Quick Ratio of 1.75 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hodogaya Chemical Co and its competitors. This is near median its historical median of 1.79. Over the past decade, Hodogaya Chemical Co's Quick Ratio has ranged from 1.68 to 2.15. According to the industry distribution chart, Hodogaya Chemical Co ranks #598 out of 1605 companies in the Chemicals industry, placing it in the top 37.3%.
Is Hodogaya Chemical Co's Quick Ratio too high?
Hodogaya Chemical Co's current Quick Ratio of 1.75 is near median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 2.15. The Chemicals industry median Quick Ratio is 1.38. Hodogaya Chemical Co's value of 1.75 is 26.8% above this industry median. Based on the distribution chart, Hodogaya Chemical Co ranks #598 out of 1605 companies in the Chemicals industry, which is above the industry midpoint. Overall, Hodogaya Chemical Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hodogaya Chemical Co's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hodogaya Chemical Co ranks #598 out of 1605 companies for Quick Ratio. This puts Hodogaya Chemical Co in the upper half of its industry. The industry median Quick Ratio is 1.38. Hodogaya Chemical Co's value of 1.75 is 26.8% above this benchmark. Historically, Hodogaya Chemical Co's own Quick Ratio has ranged from 1.68 to 2.15 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.38, Hodogaya Chemical 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,605 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. Hodogaya Chemical Co's current Quick Ratio of 1.75 is 26.8% 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 Hodogaya Chemical Co and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hodogaya Chemical Co's current Quick Ratio is 1.75, which is near median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hodogaya Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Hodogaya Chemical Co (TSE:4112) is currently considered Fairly Valued. The stock's GF Value™ is 円1,983.38, compared to a current price of 円2,012.00 — trading 1.4% above its estimated fair value. The current Quick Ratio is 1.75, which is near median its 10-year median of 1.79 and 26.8% above the Chemicals industry median of 1.38. Hodogaya Chemical Co's overall GF Score™ is 81/100 with 6 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 Hodogaya Chemical Co (TSE:4112), the current Quick Ratio is 1.75 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 Hodogaya Chemical Co (TSE:4112) Overvalued in 2026?

Based on GuruFocus' analysis, Hodogaya Chemical Co stock appears to be overvalued. The current stock price of 円2,012.00 is trading 1.4% above its estimated GF Value™ of 円1,983.38. GuruFocus considers Hodogaya Chemical Co to be Fairly Valued.

Key valuation signals for TSE:4112:

  • Quick Ratio: 1.75 (near median its 10-year median of 1.79)
  • GF Value™: 円1,983.38 vs. price of 円2,012.00 (1.4% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 26.8% above the Chemicals median (#598 of 1605)

No single metric tells the full story. See the TSE:4112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hodogaya Chemical Co Business Description

Address Davinci Shiba Park Bldg, B-11th floor, 2-4-1 Shiba koen, Minato-ku, Tokyo, JPN, 105-0011
Hodogaya Chemical Co Ltd manufactures and sells functional colorants, specialty polymers, basic chemicals, and agro-science products in Japan. The firm's product includes imaging materials, dyes, colors, food additives, and organic light emitting diode materials. The Functional Polymers unit consists of urethane and cement-based construction and civil engineering materials, polyol, and basic raw materials for general chemistry industry. Basic Chemicals handles production of hydrogen peroxide. Agro-Science unit deals with herbicides, pesticides, and growth control agents for crop fields, golf courses, and green areas. Logistic services include warehousing, cargo transport, and commissioned research businesses.
81GF Score

Get the complete analysis for TSE:4112

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

円2,012.00
Price
円1,983.38
GF Value