Leader ElectronicsTSE:6867 -0.92%61 Quick Ratio is 4.15 as of Mar. 2026, which is 30% below its 10-year median of 5.89. GuruFocus rates TSE:6867 with a GF Score™ of 61/100 and a GF Value™ of 円510.43 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,499 Hardware companies, Leader Electronics ranks better than 86.19% on this metric.
Leader Electronics has a quick ratio of 4.15. It generally indicates good short-term financial strength.
The historical rank and industry rank for Leader Electronics's Quick Ratio or its related term are showing as below:
TSE:6867'
s Quick Ratio Range Over the Past 10 Years
Min: 3.32 Med: 5.89 Max: 9.86
Current: 4.15
During the past 13 years, Leader Electronics's highest Quick Ratio was 9.86. The lowest was 3.32. And the median was 5.89.
TSE:6867's Quick Ratio is ranked better than 86.19% of 2499
companies
in the Hardware industry
Industry Median: 1.46
vs TSE:6867: 4.15
Leader Electronics (TSE:6867) 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.
Leader Electronics Quick Ratio Related Terms
Leader Electronics Quick Ratio Historical Data
* Premium members only.
The historical data trend for Leader Electronics'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.
TSE:6867 vs COHR, KEYS, GRMN: Quick Ratio Comparison
For the Scientific & Technical Instruments subindustry, Leader Electronics'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.
Leader Electronics Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Leader Electronics's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Leader Electronics'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.
Leader Electronics'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.
Leader Electronics (TSE:6867) has a Quick Ratio of 4.15 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Leader Electronics and its competitors. This is 30% below median its historical median of 5.89. Over the past decade, Leader Electronics' Quick Ratio has ranged from 3.32 to 9.86. According to the industry distribution chart, Leader Electronics ranks #345 out of 2499 companies in the Hardware industry, placing it in the top 13.8%.
Is Leader Electronics' Quick Ratio too high?
Leader Electronics' current Quick Ratio of 4.15 is 30% below median its 10-year median of 5.89. Over the past 10 years, this metric has ranged from a low of 3.32 to a high of 9.86. The Hardware industry median Quick Ratio is 1.46. Leader Electronics' value of 4.15 is 184.2% above this industry median. Based on the distribution chart, Leader Electronics ranks #345 out of 2499 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Leader Electronics has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leader Electronics' Quick Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Leader Electronics ranks #345 out of 2499 companies for Quick Ratio. This places Leader Electronics in the top 14% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.46. Leader Electronics' value of 4.15 is 184.2% above this benchmark. Historically, Leader Electronics' own Quick Ratio has ranged from 3.32 to 9.86 over the past decade. While the company's 10-year median is 5.89 vs. the industry median of 1.46, Leader Electronics 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,499 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. Leader Electronics's current Quick Ratio of 4.15 is 184.2% 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 Leader Electronics and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leader Electronics's current Quick Ratio is 4.15, which is 30% below median its own 10-year median of 5.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Electronics stock overvalued right now?
Based on GuruFocus' analysis, Leader Electronics (TSE:6867) is currently considered Modestly Undervalued. The stock's GF Value™ is 円510.43, compared to a current price of 円429.00 — trading 16% below its estimated fair value. The current Quick Ratio is 4.15, which is 30% below median its 10-year median of 5.89 and 184.2% above the Hardware industry median of 1.46. Leader Electronics' overall GF Score™ is 61/100 with 5 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 Leader Electronics (TSE:6867), the current Quick Ratio is 4.15 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 Leader Electronics (TSE:6867) Overvalued in 2026?
Based on GuruFocus' analysis, Leader Electronics stock appears to be undervalued.
The current stock price of 円429.00 is trading 16% below its estimated GF Value™ of 円510.43.
GuruFocus considers Leader Electronics to be Modestly Undervalued.
Key valuation signals for TSE:6867:
Quick Ratio: 4.15 (30% below median its 10-year median of 5.89)
GF Value™: 円510.43 vs. price of 円429.00 (16% below fair value)
Industry Position: 184.2% above the Hardware median (#345 of 2499)
No single metric tells the full story. See the TSE:6867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leader Electronics Corp is engaged in the research, development, manufacturing, and sales of electronic measuring instruments, including those for broadcasting stations, manufacturers of professional video-related equipment, and signal monitoring during live broadcasts of sporting events.
61GF Score
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