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Harima Chemicals Group has a quick ratio of 0.72. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Harima Chemicals Group's Quick Ratio or its related term are showing as below:
TSE:4410'
s Quick Ratio Range Over the Past 10 Years
Min: 0.6 Med: 0.91 Max: 1.38
Current: 0.72
During the past 13 years, Harima Chemicals Group's highest Quick Ratio was 1.38. The lowest was 0.60. And the median was 0.91.
TSE:4410's Quick Ratio is ranked worse than 81.06% of 1605
companies
in the Chemicals industry
Industry Median: 1.38
vs TSE:4410: 0.72
Harima Chemicals Group (TSE:4410) 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.
Harima Chemicals Group Quick Ratio Related Terms
Harima Chemicals Group Quick Ratio Historical Data
* 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.
For the Specialty Chemicals subindustry, Harima Chemicals Group'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.
Harima Chemicals Group Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Harima Chemicals Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Harima Chemicals Group'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.
Harima Chemicals Group's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Harima Chemicals Group (TSE:4410) has a Quick Ratio of 0.72 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Harima Chemicals Group and its competitors. This is 21% below median its historical median of 0.91. Over the past decade, Harima Chemicals Group's Quick Ratio has ranged from 0.60 to 1.38. According to the industry distribution chart, Harima Chemicals Group ranks #1301 out of 1605 companies in the Chemicals industry, placing it in the top 81.1%.
Is Harima Chemicals Group's Quick Ratio too high?
Harima Chemicals Group's current Quick Ratio of 0.72 is 21% below median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.38. The Chemicals industry median Quick Ratio is 1.38. Harima Chemicals Group's value of 0.72 is 47.8% below this industry median. Based on the distribution chart, Harima Chemicals Group ranks #1301 out of 1605 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Harima Chemicals Group has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harima Chemicals Group's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Harima Chemicals Group ranks #1301 out of 1605 companies for Quick Ratio. This places Harima Chemicals Group in the lower half of its industry. The industry median Quick Ratio is 1.38. Harima Chemicals Group's value of 0.72 is 47.8% below this benchmark. Historically, Harima Chemicals Group's own Quick Ratio has ranged from 0.60 to 1.38 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.38, Harima Chemicals Group 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 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. Harima Chemicals Group's current Quick Ratio of 0.72 is 47.8% 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 Harima Chemicals Group 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. Harima Chemicals Group's current Quick Ratio is 0.72, which is 21% below median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harima Chemicals Group stock overvalued right now?
Based on GuruFocus' analysis, Harima Chemicals Group (TSE:4410) is currently considered Fairly Valued. The stock's GF Value™ is 円953.22, compared to a current price of 円1,034.00 — trading 8.5% above its estimated fair value. The current Quick Ratio is 0.72, which is 21% below median its 10-year median of 0.91 and 47.8% below the Chemicals industry median of 1.38. Harima Chemicals Group's overall GF Score™ is 70/100 with 8 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 Harima Chemicals Group (TSE:4410), the current Quick Ratio is 0.72 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 Harima Chemicals Group (TSE:4410) Overvalued in 2026?
Based on GuruFocus' analysis, Harima Chemicals Group stock appears to be overvalued.
The current stock price of 円1,034.00 is trading 8.5% above its estimated GF Value™ of 円953.22.
GuruFocus considers Harima Chemicals Group to be Fairly Valued.
Key valuation signals for TSE:4410:
Quick Ratio: 0.72 (21% below median its 10-year median of 0.91)
GF Value™: 円953.22 vs. price of 円1,034.00 (8.5% above fair value)
Industry Position: 47.8% below the Chemicals median (#1301 of 1605)
No single metric tells the full story. See the TSE:4410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harima Chemicals Group Inc is a Japan-based chemical manufacturer. The company is mainly engaged in chemical products business, papermaking chemical business, and electronic materials business. Products offered by the company include resins for printing ink, paint, resin for adhesive and adhesive, emulsifier for synthetic rubber, sizing agent, paper strength enhancer, and coating agent. Electronic materials business develops, manufacture and sell conductive paste, brazing material for aluminum and printed wiring board related materials. Harima has a world-wide network with presence in Europe, Asia, Oceania, North America, and South America.
70GF Score
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