Tomita Electric Co (TSE:6898) Quick Ratio: 6.15 (As of Jan. 2026) — 20% Below Median

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TSE:6898 Tomita Electric Co Ltd TSE:6898
38 GF Score
Price 円3,700.00
GF Value 円1,688.25
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tomita Electric Co Quick Ratio?

Tomita Electric Co TSE:6898 -2.89% 38 Quick Ratio is 6.15 as of Jan. 2026, which is 20% below its 10-year median of 7.66. GuruFocus rates TSE:6898 with a GF Score™ of 38/100 and a GF Value™ of 円1,688.25 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,498 Hardware companies, Tomita Electric Co ranks better than 92.43% 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. Tomita Electric Co's quick ratio for the quarter that ended in Jan. 2026 was 6.15.

Tomita Electric Co has a quick ratio of 6.15. It generally indicates good short-term financial strength.

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

TSE:6898' s Quick Ratio Range Over the Past 10 Years
Min: 5.17   Med: 7.66   Max: 8.49
Current: 6.15

During the past 13 years, Tomita Electric Co's highest Quick Ratio was 8.49. The lowest was 5.17. And the median was 7.66.

TSE:6898's Quick Ratio is ranked better than
92.43% of 2498 companies
in the Hardware industry
Industry Median: 1.46 vs TSE:6898: 6.15

Tomita Electric Co  (TSE:6898) 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.


Tomita Electric Co Quick Ratio Related Terms


Tomita Electric Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tomita Electric 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.

Tomita Electric Co Quick Ratio Chart

Tomita Electric Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.80 5.17 8.49 7.82 6.15

Tomita Electric Co Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 8.49 8.30 7.82 6.57 6.15

TSE:6898 vs AAPL: Quick Ratio Comparison

For the Consumer Electronics subindustry, Tomita Electric 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.


Tomita Electric Co Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Tomita Electric Co's Quick Ratio distribution charts can be found below:

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


TSE:6898
38GF Score
Tomita Electric Co Ltd TSE:6898
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tomita Electric 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.

Tomita Electric Co's Quick Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Quick Ratio (A: Jan. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2456.658-862.862)/259.09
=6.15

Tomita Electric Co's Quick Ratio for the quarter that ended in Jan. 2026 is calculated as

Quick Ratio (Q: Jan. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2456.658-862.862)/259.09
=6.15

* 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 6.15 mean?
Tomita Electric Co (TSE:6898) has a Quick Ratio of 6.15 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tomita Electric Co and its competitors. This is 20% below median its historical median of 7.66. Over the past decade, Tomita Electric Co's Quick Ratio has ranged from 5.17 to 8.49. According to the industry distribution chart, Tomita Electric Co ranks #189 out of 2498 companies in the Hardware industry, placing it in the top 7.6%.
Is Tomita Electric Co's Quick Ratio too high?
Tomita Electric Co's current Quick Ratio of 6.15 is 20% below median its 10-year median of 7.66. Over the past 10 years, this metric has ranged from a low of 5.17 to a high of 8.49. The Hardware industry median Quick Ratio is 1.46. Tomita Electric Co's value of 6.15 is 321.2% above this industry median. Based on the distribution chart, Tomita Electric Co ranks #189 out of 2498 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tomita Electric Co has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomita Electric Co's Quick Ratio compare to AAPL?
According to the Hardware industry distribution chart, Tomita Electric Co ranks #189 out of 2498 companies for Quick Ratio. This places Tomita Electric Co in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.46. Tomita Electric Co's value of 6.15 is 321.2% above this benchmark. Historically, Tomita Electric Co's own Quick Ratio has ranged from 5.17 to 8.49 over the past decade. While the company's 10-year median is 7.66 vs. the industry median of 1.46, Tomita Electric 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,498 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. Tomita Electric Co's current Quick Ratio of 6.15 is 321.2% 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 Tomita Electric Co 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. Tomita Electric Co's current Quick Ratio is 6.15, which is 20% below median its own 10-year median of 7.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomita Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Tomita Electric Co (TSE:6898) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,688.25, compared to a current price of 円3,700.00 — trading 119.2% above its estimated fair value. The current Quick Ratio is 6.15, which is 20% below median its 10-year median of 7.66 and 321.2% above the Hardware industry median of 1.46. Tomita Electric Co's overall GF Score™ is 38/100 with 3 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 Tomita Electric Co (TSE:6898), the current Quick Ratio is 6.15 as of Jan. 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 Tomita Electric Co (TSE:6898) Overvalued in 2026?

Based on GuruFocus' analysis, Tomita Electric Co stock appears to be overvalued. The current stock price of 円3,700.00 is trading 119.2% above its estimated GF Value™ of 円1,688.25. GuruFocus considers Tomita Electric Co to be Significantly Overvalued.

Key valuation signals for TSE:6898:

  • Quick Ratio: 6.15 (20% below median its 10-year median of 7.66)
  • GF Value™: 円1,688.25 vs. price of 円3,700.00 (119.2% above fair value)
  • GF Score™: 38/100 with 3 warning signs
  • Industry Position: 321.2% above the Hardware median (#189 of 2498)

No single metric tells the full story. See the TSE:6898 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tomita Electric Co Business Description

Address 123 Saiwaii-cho, Tottori Prefecture, Tottori, JPN, 680-0823
Tomita Electric Co Ltd is a Japanese firm which manufactures and sells radio parts and ferrite cores. It provides soft ferrite and hard ferrite. It offers ferrite cores used in miniaturizing electronic equipment and in energy conservation; and coils and transformers used in personal computers, LAN and peripherals.
38GF Score

Get the complete analysis for TSE:6898

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

円3,700.00
Price
円1,688.25
GF Value