Kawaden (TSE:6648) Quick Ratio: 2.67 (As of Mar. 2026) — Near Median

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TSE:6648 Kawaden Corp TSE:6648
74 GF Score
Price 円1,856.00
GF Value 円697.08
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Kawaden Quick Ratio?

Kawaden TSE:6648 -0.59% 74 Quick Ratio is 2.67 as of Mar. 2026, which is 4% below its 10-year median of 2.77. GuruFocus rates TSE:6648 with a GF Score™ of 74/100 and a GF Value™ of 円697.08 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 3,072 Industrial Products companies, Kawaden ranks better than 80.11% 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. Kawaden's quick ratio for the quarter that ended in Mar. 2026 was 2.67.

Kawaden has a quick ratio of 2.67. It generally indicates good short-term financial strength.

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

TSE:6648' s Quick Ratio Range Over the Past 10 Years
Min: 2.46   Med: 2.77   Max: 3.36
Current: 2.67

During the past 13 years, Kawaden's highest Quick Ratio was 3.36. The lowest was 2.46. And the median was 2.77.

TSE:6648's Quick Ratio is ranked better than
80.11% of 3072 companies
in the Industrial Products industry
Industry Median: 1.39 vs TSE:6648: 2.67

Kawaden  (TSE:6648) 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.


Kawaden Quick Ratio Related Terms


Kawaden Quick Ratio Historical Data

* Premium members only.

The historical data trend for Kawaden'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.

Kawaden Quick Ratio Chart

Kawaden 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 2.96 2.53 2.50 2.46 2.67

Kawaden Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.50 2.73 2.46 2.81 2.67

TSE:6648 vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kawaden'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.


Kawaden Quick Ratio vs Industrial Products Industry

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

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


TSE:6648
74GF Score
Kawaden Corp TSE:6648
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kawaden 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.

Kawaden'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
=(20291.479-3749.393)/6188.222
=2.67

Kawaden'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
=(20291.479-3749.393)/6188.222
=2.67

* 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 2.67 mean?
Kawaden (TSE:6648) has a Quick Ratio of 2.67 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Kawaden and its competitors. This is near median its historical median of 2.77. Over the past decade, Kawaden's Quick Ratio has ranged from 2.46 to 3.36. According to the industry distribution chart, Kawaden ranks #611 out of 3072 companies in the Industrial Products industry, placing it in the top 19.9%.
Is Kawaden's Quick Ratio too high?
Kawaden's current Quick Ratio of 2.67 is near median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 3.36. The Industrial Products industry median Quick Ratio is 1.39. Kawaden's value of 2.67 is 92.1% above this industry median. Based on the distribution chart, Kawaden ranks #611 out of 3072 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kawaden has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawaden's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kawaden ranks #611 out of 3072 companies for Quick Ratio. This places Kawaden in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Kawaden's value of 2.67 is 92.1% above this benchmark. Historically, Kawaden's own Quick Ratio has ranged from 2.46 to 3.36 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 1.39, Kawaden 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 3,072 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. Kawaden's current Quick Ratio of 2.67 is 92.1% 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 Kawaden 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. Kawaden's current Quick Ratio is 2.67, which is near median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawaden stock overvalued right now?
Based on GuruFocus' analysis, Kawaden (TSE:6648) is currently considered Significantly Overvalued. The stock's GF Value™ is 円697.08, compared to a current price of 円1,856.00 — trading 166.3% above its estimated fair value. The current Quick Ratio is 2.67, which is near median its 10-year median of 2.77 and 92.1% above the Industrial Products industry median of 1.39. Kawaden's overall GF Score™ is 74/100 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 Kawaden (TSE:6648), the current Quick Ratio is 2.67 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 Kawaden (TSE:6648) Overvalued in 2026?

Based on GuruFocus' analysis, Kawaden stock appears to be overvalued. The current stock price of 円1,856.00 is trading 166.3% above its estimated GF Value™ of 円697.08. GuruFocus considers Kawaden to be Significantly Overvalued.

Key valuation signals for TSE:6648:

  • Quick Ratio: 2.67 (near median its 10-year median of 2.77)
  • GF Value™: 円697.08 vs. price of 円1,856.00 (166.3% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 92.1% above the Industrial Products median (#611 of 3072)

No single metric tells the full story. See the TSE:6648 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kawaden Business Description

Address 225 Koiwasawa, Yamagata Prefecture, Nanyo, JPN, 999-2293
Kawaden Corp is engaged in design, production, and sales of electric cymbal machinery, electrical materials, construction materials, and the design and supervision of electric. The products of the company include voltage switchboard, distribution board, plug breaker compatible, and network compatible. The company operates a single segment, the power distribution control equipment manufacturing business.
74GF Score

Get the complete analysis for TSE:6648

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

円1,856.00
Price
円697.08
GF Value