Okaya Electric Industries Co (TSE:6926) Quick Ratio: 1.36 (As of Mar. 2026) — 44% Below Median

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TSE:6926 Okaya Electric Industries Co Ltd TSE:6926
49 GF Score
Price 円189.00
GF Value 円181.24
Valuation Fairly Valued
! 5 Warning Signs
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What is Okaya Electric Industries Co Quick Ratio?

Okaya Electric Industries Co TSE:6926 +0.53% 49 Quick Ratio is 1.36 as of Mar. 2026, which is 44% below its 10-year median of 2.41. GuruFocus rates TSE:6926 with a GF Score™ of 49/100 and a GF Value™ of 円181.24 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,498 Hardware companies, Okaya Electric Industries Co ranks worse than 53.84% 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. Okaya Electric Industries Co's quick ratio for the quarter that ended in Mar. 2026 was 1.36.

Okaya Electric Industries Co has a quick ratio of 1.36. It generally indicates good short-term financial strength.

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

TSE:6926' s Quick Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.41   Max: 2.84
Current: 1.36

During the past 13 years, Okaya Electric Industries Co's highest Quick Ratio was 2.84. The lowest was 1.36. And the median was 2.41.

TSE:6926's Quick Ratio is ranked worse than
53.84% of 2498 companies
in the Hardware industry
Industry Median: 1.46 vs TSE:6926: 1.36

Okaya Electric Industries Co  (TSE:6926) 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.


Okaya Electric Industries Co Quick Ratio Related Terms


Okaya Electric Industries Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Okaya Electric Industries 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.

Okaya Electric Industries Co Quick Ratio Chart

Okaya Electric Industries 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 2.27 2.47 1.96 1.88 1.36

Okaya Electric Industries Co 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 1.96 1.90 1.88 1.47 1.36

TSE:6926 vs APH, GLW: Quick Ratio Comparison

For the Electronic Components subindustry, Okaya Electric Industries 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.


Okaya Electric Industries Co Quick Ratio vs Hardware Industry

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

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


TSE:6926
49GF Score
Okaya Electric Industries Co Ltd TSE:6926
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okaya Electric Industries 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.

Okaya Electric Industries 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
=(7766.707-2017.904)/4230.416
=1.36

Okaya Electric Industries 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
=(7766.707-2017.904)/4230.416
=1.36

* 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 1.36 mean?
Okaya Electric Industries Co (TSE:6926) has a Quick Ratio of 1.36 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Okaya Electric Industries Co and its competitors. This is 44% below median its historical median of 2.41. Over the past decade, Okaya Electric Industries Co's Quick Ratio has ranged from 1.36 to 2.84. According to the industry distribution chart, Okaya Electric Industries Co ranks #1345 out of 2498 companies in the Hardware industry, placing it in the top 53.8%.
Is Okaya Electric Industries Co's Quick Ratio too high?
Okaya Electric Industries Co's current Quick Ratio of 1.36 is 44% below median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 2.84. The Hardware industry median Quick Ratio is 1.46. Okaya Electric Industries Co's value of 1.36 is 6.8% below this industry median. Based on the distribution chart, Okaya Electric Industries Co ranks #1345 out of 2498 companies in the Hardware industry, which is below the industry midpoint. Overall, Okaya Electric Industries Co has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Okaya Electric Industries Co's Quick Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Okaya Electric Industries Co ranks #1345 out of 2498 companies for Quick Ratio. This places Okaya Electric Industries Co in the lower half of its industry. The industry median Quick Ratio is 1.46. Okaya Electric Industries Co's value of 1.36 is 6.8% below this benchmark. Historically, Okaya Electric Industries Co's own Quick Ratio has ranged from 1.36 to 2.84 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 1.46, Okaya Electric Industries Co has consistently been below 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. Okaya Electric Industries Co's current Quick Ratio of 1.36 is 6.8% below 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 Okaya Electric Industries 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. Okaya Electric Industries Co's current Quick Ratio is 1.36, which is 44% below median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okaya Electric Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okaya Electric Industries Co (TSE:6926) is currently considered Fairly Valued. The stock's GF Value™ is 円181.24, compared to a current price of 円189.00 — trading 4.3% above its estimated fair value. The current Quick Ratio is 1.36, which is 44% below median its 10-year median of 2.41 and 6.8% below the Hardware industry median of 1.46. Okaya Electric Industries Co's overall GF Score™ is 49/100 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 Okaya Electric Industries Co (TSE:6926), the current Quick Ratio is 1.36 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 Okaya Electric Industries Co (TSE:6926) Overvalued in 2026?

Based on GuruFocus' analysis, Okaya Electric Industries Co stock appears to be overvalued. The current stock price of 円189.00 is trading 4.3% above its estimated GF Value™ of 円181.24. GuruFocus considers Okaya Electric Industries Co to be Fairly Valued.

Key valuation signals for TSE:6926:

  • Quick Ratio: 1.36 (44% below median its 10-year median of 2.41)
  • GF Value™: 円181.24 vs. price of 円189.00 (4.3% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 6.8% below the Hardware median (#1345 of 2498)

No single metric tells the full story. See the TSE:6926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okaya Electric Industries Co Business Description

Address 6-16-9 Todoroki, Setagaya-ku, Tokyo, JPN, 158-8543
Okaya Electric Industries Co Ltd engages in the design, manufacture, and sale of electric components and equipment. Its product category includes: Noise-related Products, Surge-related Products, LED related Products, Sensor-related Products. Noise-related Products includes noise suppression capacitors, high pulse & snubber capacitors, spark quenchers, noise filters, and coil filters. Surge-related Products include surge absorbers. LED related Products covers LED lighting devices, LED indicators, and field sequential multi-color liquid crystal display (LCD) module. The Sensor-related Products consist light emitting diode (LED) sensors. The Other Noise products segment provides coil filters.
49GF Score

Get the complete analysis for TSE:6926

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

円189.00
Price
円181.24
GF Value