Nittoku Co (TSE:6145) Quick Ratio: 2.18 (As of Mar. 2026) — Near Median


TSE:6145 Nittoku Co Ltd TSE:6145
92 GF Score
Price 円2,835.00
GF Value 円2,859.89
Valuation Fairly Valued
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What is Nittoku Co Quick Ratio?

Nittoku Co TSE:6145 +0.75% 92 Quick Ratio is 2.18 as of Mar. 2026, which is 7% above its 10-year median of 2.03. GuruFocus rates TSE:6145 with a GF Score™ of 92/100 and a GF Value™ of 円2,859.89 (Fairly Valued). Among 3,073 Industrial Products companies, Nittoku Co ranks better than 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. Nittoku Co's quick ratio for the quarter that ended in Mar. 2026 was 2.18.

Nittoku Co has a quick ratio of 2.18. It generally indicates good short-term financial strength.

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

TSE:6145' s Quick Ratio Range Over the Past 10 Years
Min: 1.58   Med: 2.03   Max: 2.45
Current: 2.18

During the past 13 years, Nittoku Co's highest Quick Ratio was 2.45. The lowest was 1.58. And the median was 2.03.

TSE:6145's Quick Ratio is ranked better than
74% of 3073 companies
in the Industrial Products industry
Industry Median: 1.39 vs TSE:6145: 2.18

Nittoku Co  (TSE:6145) 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.


Nittoku Co Quick Ratio Related Terms


Nittoku Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Nittoku 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.

Nittoku Co Quick Ratio Chart

Nittoku 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 1.70 2.04 1.88 1.58 2.18

Nittoku Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1.58 1.35 1.61 1.61 2.18

TSE:6145 vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nittoku 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.


Nittoku Co Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nittoku Co's Quick Ratio distribution charts can be found below:

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


TSE:6145
92GF Score
Nittoku Co Ltd TSE:6145
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nittoku 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.

Nittoku 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
=(44470-12918)/14450
=2.18

Nittoku 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
=(44470-12918)/14450
=2.18

* 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 2.18 mean?
Nittoku Co (TSE:6145) has a Quick Ratio of 2.18 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nittoku Co and its competitors. This is near median its historical median of 2.03. Over the past decade, Nittoku Co's Quick Ratio has ranged from 1.58 to 2.45. According to the industry distribution chart, Nittoku Co ranks #799 out of 3073 companies in the Industrial Products industry, placing it in the top 26%.
Is Nittoku Co's Quick Ratio too high?
Nittoku Co's current Quick Ratio of 2.18 is near median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 2.45. The Industrial Products industry median Quick Ratio is 1.39. Nittoku Co's value of 2.18 is 56.8% above this industry median. Based on the distribution chart, Nittoku Co ranks #799 out of 3073 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nittoku Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nittoku Co's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nittoku Co ranks #799 out of 3073 companies for Quick Ratio. This puts Nittoku Co in the upper half of its industry. The industry median Quick Ratio is 1.39. Nittoku Co's value of 2.18 is 56.8% above this benchmark. Historically, Nittoku Co's own Quick Ratio has ranged from 1.58 to 2.45 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 1.39, Nittoku 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,073 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. Nittoku Co's current Quick Ratio of 2.18 is 56.8% 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 Nittoku Co and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoku Co's current Quick Ratio is 2.18, which is near median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoku Co stock overvalued right now?
Based on GuruFocus' analysis, Nittoku Co (TSE:6145) is currently considered Fairly Valued. The stock's GF Value™ is 円2,859.89, compared to a current price of 円2,835.00 — trading 0.9% below its estimated fair value. The current Quick Ratio is 2.18, which is near median its 10-year median of 2.03 and 56.8% above the Industrial Products industry median of 1.39. Nittoku Co's overall GF Score™ is 92/100. 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 Nittoku Co (TSE:6145), the current Quick Ratio is 2.18 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 Nittoku Co (TSE:6145) Overvalued in 2026?

Based on GuruFocus' analysis, Nittoku Co stock appears to be undervalued. The current stock price of 円2,835.00 is trading 0.9% below its estimated GF Value™ of 円2,859.89. GuruFocus considers Nittoku Co to be Fairly Valued.

Key valuation signals for TSE:6145:

  • Quick Ratio: 2.18 (near median its 10-year median of 2.03)
  • GF Value™: 円2,859.89 vs. price of 円2,835.00 (0.9% below fair value)
  • GF Score™: 92/100
  • Industry Position: 56.8% above the Industrial Products median (#799 of 3073)

No single metric tells the full story. See the TSE:6145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nittoku Co Business Description

Address 292-1 Higashimachi, Omiya-ku, Saitama Prefecture, Saitama, JPN, 3368561
Nittoku Co Ltd is a Japan-based company engaged in the manufacturing and sale of coil winding machines and peripheral systems. It also engaged in the factory automation systems and contactless smart cards and parts thereof. The product portfolio of the company includes Relay, Injector coil, Pick up coil, Bobbinless coil, and IC Card among others. The company operates in two reportable segments are the NICS business and the contactless IC tag and card business.
92GF Score

Get the complete analysis for TSE:6145

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

円2,835.00
Price
円2,859.89
GF Value