Asahi Kagaku Kogyo Co (TSE:7928) Quick Ratio: 2.12 (As of Feb. 2026) — Near Median


TSE:7928 Asahi Kagaku Kogyo Co Ltd TSE:7928
63 GF Score
Price 円629.00
GF Value 円565.65
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Asahi Kagaku Kogyo Co Quick Ratio?

Asahi Kagaku Kogyo Co TSE:7928 +0.64% 63 Quick Ratio is 2.12 as of Feb. 2026, which is 5% below its 10-year median of 2.22. GuruFocus rates TSE:7928 with a GF Score™ of 63/100 and a GF Value™ of 円565.65 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 3,070 Industrial Products companies, Asahi Kagaku Kogyo Co ranks better than 72.61% 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. Asahi Kagaku Kogyo Co's quick ratio for the quarter that ended in Feb. 2026 was 2.12.

Asahi Kagaku Kogyo Co has a quick ratio of 2.12. It generally indicates good short-term financial strength.

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

TSE:7928' s Quick Ratio Range Over the Past 10 Years
Min: 1.67   Med: 2.22   Max: 3.1
Current: 2.12

During the past 13 years, Asahi Kagaku Kogyo Co's highest Quick Ratio was 3.10. The lowest was 1.67. And the median was 2.22.

TSE:7928's Quick Ratio is ranked better than
72.61% of 3070 companies
in the Industrial Products industry
Industry Median: 1.39 vs TSE:7928: 2.12

Asahi Kagaku Kogyo Co  (TSE:7928) 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.


Asahi Kagaku Kogyo Co Quick Ratio Related Terms


Asahi Kagaku Kogyo Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co Quick Ratio Chart

Asahi Kagaku Kogyo Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 2.26 3.10 2.45 2.20

Asahi Kagaku Kogyo Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 2.98 2.45 1.83 2.20 2.12

TSE:7928 vs SNA, RBC, LECO: Quick Ratio Comparison

For the Tools & Accessories subindustry, Asahi Kagaku Kogyo 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.


Asahi Kagaku Kogyo Co Quick Ratio vs Industrial Products Industry

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

* The bar in red indicates where Asahi Kagaku Kogyo Co's Quick Ratio falls into.


TSE:7928
63GF Score
Asahi Kagaku Kogyo Co Ltd TSE:7928
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co's Quick Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Quick Ratio (A: Aug. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3157.478-525.045)/1196.669
=2.20

Asahi Kagaku Kogyo Co's Quick Ratio for the quarter that ended in Feb. 2026 is calculated as

Quick Ratio (Q: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3455.172-549.024)/1369.743
=2.12

* 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 2.12 mean?
Asahi Kagaku Kogyo Co (TSE:7928) has a Quick Ratio of 2.12 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Asahi Kagaku Kogyo Co and its competitors. This is near median its historical median of 2.22. Over the past decade, Asahi Kagaku Kogyo Co's Quick Ratio has ranged from 1.67 to 3.10. According to the industry distribution chart, Asahi Kagaku Kogyo Co ranks #841 out of 3070 companies in the Industrial Products industry, placing it in the top 27.4%.
Is Asahi Kagaku Kogyo Co's Quick Ratio too high?
Asahi Kagaku Kogyo Co's current Quick Ratio of 2.12 is near median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 3.10. The Industrial Products industry median Quick Ratio is 1.39. Asahi Kagaku Kogyo Co's value of 2.12 is 52.5% above this industry median. Based on the distribution chart, Asahi Kagaku Kogyo Co ranks #841 out of 3070 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Asahi Kagaku Kogyo Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kagaku Kogyo Co's Quick Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Asahi Kagaku Kogyo Co ranks #841 out of 3070 companies for Quick Ratio. This puts Asahi Kagaku Kogyo Co in the upper half of its industry. The industry median Quick Ratio is 1.39. Asahi Kagaku Kogyo Co's value of 2.12 is 52.5% above this benchmark. Historically, Asahi Kagaku Kogyo Co's own Quick Ratio has ranged from 1.67 to 3.10 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 1.39, Asahi Kagaku Kogyo 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 3,070 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. Asahi Kagaku Kogyo Co's current Quick Ratio of 2.12 is 52.5% 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 Asahi Kagaku Kogyo 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. Asahi Kagaku Kogyo Co's current Quick Ratio is 2.12, which is near median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kagaku Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co (TSE:7928) is currently considered Modestly Overvalued. The stock's GF Value™ is 円565.65, compared to a current price of 円629.00 — trading 11.2% above its estimated fair value. The current Quick Ratio is 2.12, which is near median its 10-year median of 2.22 and 52.5% above the Industrial Products industry median of 1.39. Asahi Kagaku Kogyo Co's overall GF Score™ is 63/100 with 8 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 Asahi Kagaku Kogyo Co (TSE:7928), the current Quick Ratio is 2.12 as of Feb. 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 Asahi Kagaku Kogyo Co (TSE:7928) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co stock appears to be overvalued. The current stock price of 円629.00 is trading 11.2% above its estimated GF Value™ of 円565.65. GuruFocus considers Asahi Kagaku Kogyo Co to be Modestly Overvalued.

Key valuation signals for TSE:7928:

  • Quick Ratio: 2.12 (near median its 10-year median of 2.22)
  • GF Value™: 円565.65 vs. price of 円629.00 (11.2% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 52.5% above the Industrial Products median (#841 of 3070)

No single metric tells the full story. See the TSE:7928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Kagaku Kogyo Co Business Description

Address Anjo-shi Shioga Irucho Hiromi 133-3, Aichi, JPN, 844-1205
Asahi Kagaku Kogyo Co Ltd is a manufacturer of plastic parts, plastics molded products, processed goods and sets of plastics. It also provides electric tool parts, automobile parts, applied equipment, pump parts, building materials.
63GF Score

Get the complete analysis for TSE:7928

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

円629.00
Price
円565.65
GF Value