HOKUETSU METAL CoTSE:5446 61 Quick Ratio is 1.41 as of Mar. 2026, which is 4% below its 10-year median of 1.47. GuruFocus rates TSE:5446 with a GF Score™ of 61/100 and a GF Value™ of 円1,100.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 634 Steel companies, HOKUETSU METAL Co ranks better than 65.46% on this metric.
HOKUETSU METAL Co has a quick ratio of 1.41. It generally indicates good short-term financial strength.
The historical rank and industry rank for HOKUETSU METAL Co's Quick Ratio or its related term are showing as below:
TSE:5446'
s Quick Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.47 Max: 2.06
Current: 1.41
During the past 13 years, HOKUETSU METAL Co's highest Quick Ratio was 2.06. The lowest was 1.07. And the median was 1.47.
TSE:5446's Quick Ratio is ranked better than 65.46% of 634
companies
in the Steel industry
Industry Median: 1.02
vs TSE:5446: 1.41
HOKUETSU METAL Co (TSE:5446) 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.
HOKUETSU METAL Co Quick Ratio Related Terms
HOKUETSU METAL Co Quick Ratio Historical Data
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The historical data trend for HOKUETSU METAL 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.
For the Steel subindustry, HOKUETSU METAL 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.
HOKUETSU METAL Co Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, HOKUETSU METAL Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where HOKUETSU METAL 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.
HOKUETSU METAL Co'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.
HOKUETSU METAL Co (TSE:5446) has a Quick Ratio of 1.41 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on HOKUETSU METAL Co and its competitors. This is near median its historical median of 1.47. Over the past decade, HOKUETSU METAL Co's Quick Ratio has ranged from 1.07 to 2.06. According to the industry distribution chart, HOKUETSU METAL Co ranks #219 out of 634 companies in the Steel industry, placing it in the top 34.5%.
Is HOKUETSU METAL Co's Quick Ratio too high?
HOKUETSU METAL Co's current Quick Ratio of 1.41 is near median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.06. The Steel industry median Quick Ratio is 1.02. HOKUETSU METAL Co's value of 1.41 is 38.2% above this industry median. Based on the distribution chart, HOKUETSU METAL Co ranks #219 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, HOKUETSU METAL Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HOKUETSU METAL Co's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, HOKUETSU METAL Co ranks #219 out of 634 companies for Quick Ratio. This puts HOKUETSU METAL Co in the upper half of its industry. The industry median Quick Ratio is 1.02. HOKUETSU METAL Co's value of 1.41 is 38.2% above this benchmark. Historically, HOKUETSU METAL Co's own Quick Ratio has ranged from 1.07 to 2.06 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.02, HOKUETSU METAL 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 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. HOKUETSU METAL Co's current Quick Ratio of 1.41 is 38.2% 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 HOKUETSU METAL Co and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HOKUETSU METAL Co's current Quick Ratio is 1.41, 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 HOKUETSU METAL Co stock overvalued right now?
Based on GuruFocus' analysis, HOKUETSU METAL Co (TSE:5446) is currently considered Fairly Valued. The stock's GF Value™ is 円1,100.70, compared to a current price of 円1,140.00 — trading 3.6% above its estimated fair value. The current Quick Ratio is 1.41, which is near median its 10-year median of 1.47 and 38.2% above the Steel industry median of 1.02. HOKUETSU METAL Co's overall GF Score™ is 61/100 with 4 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 HOKUETSU METAL Co (TSE:5446), the current Quick Ratio is 1.41 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 HOKUETSU METAL Co (TSE:5446) Overvalued in 2026?
Based on GuruFocus' analysis, HOKUETSU METAL Co stock appears to be overvalued.
The current stock price of 円1,140.00 is trading 3.6% above its estimated GF Value™ of 円1,100.70.
GuruFocus considers HOKUETSU METAL Co to be Fairly Valued.
Key valuation signals for TSE:5446:
Quick Ratio: 1.41 (near median its 10-year median of 1.47)
GF Value™: 円1,100.70 vs. price of 円1,140.00 (3.6% above fair value)
Industry Position: 38.2% above the Steel median (#219 of 634)
No single metric tells the full story. See the TSE:5446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HOKUETSU METAL Co Ltd operates in the iron and steel industry. The principal business activities of the company include the manufacturing and processing of primary products such as steel, non-base metals and alloys, steel structures, and various other mechanical devices.
61GF Score
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