Mizuno (TSE:8022) Quick Ratio: 2.41 (As of Mar. 2026) — 47% Above Median


TSE:8022 Mizuno Corp TSE:8022
89 GF Score
Price 円3,305.00
GF Value 円2,907.08
Valuation Modestly Overvalued
View Full Analysis

What is Mizuno Quick Ratio?

Mizuno TSE:8022 -1.34% 89 Quick Ratio is 2.41 as of Mar. 2026, which is 47% above its 10-year median of 1.64. GuruFocus rates TSE:8022 with a GF Score™ of 89/100 and a GF Value™ of 円2,907.08 (Modestly Overvalued). Among 1,127 Retail - Cyclical companies, Mizuno ranks better than 85.45% 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. Mizuno's quick ratio for the quarter that ended in Mar. 2026 was 2.41.

Mizuno has a quick ratio of 2.41. It generally indicates good short-term financial strength.

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

TSE:8022' s Quick Ratio Range Over the Past 10 Years
Min: 1.45   Med: 1.64   Max: 2.41
Current: 2.41

During the past 13 years, Mizuno's highest Quick Ratio was 2.41. The lowest was 1.45. And the median was 1.64.

TSE:8022's Quick Ratio is ranked better than
85.45% of 1127 companies
in the Retail - Cyclical industry
Industry Median: 0.87 vs TSE:8022: 2.41

Mizuno  (TSE:8022) 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.


Mizuno Quick Ratio Related Terms


Mizuno Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mizuno'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.

Mizuno Quick Ratio Chart

Mizuno 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 1.70 1.45 1.94 2.10 2.41

Mizuno Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.10 2.34 2.38 2.47 2.41

TSE:8022 vs CASY, WSM, DKS: Quick Ratio Comparison

For the Specialty Retail subindustry, Mizuno'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.


Mizuno Quick Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mizuno's Quick Ratio distribution charts can be found below:

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


TSE:8022
89GF Score
Mizuno Corp TSE:8022
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mizuno 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.

Mizuno'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
=(171367-61893)/45426
=2.41

Mizuno'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
=(171367-61893)/45426
=2.41

* 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 2.41 mean?
Mizuno (TSE:8022) has a Quick Ratio of 2.41 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mizuno and its competitors. This is 47% above median its historical median of 1.64. Over the past decade, Mizuno's Quick Ratio has ranged from 1.45 to 2.41. According to the industry distribution chart, Mizuno ranks #164 out of 1127 companies in the Retail - Cyclical industry, placing it in the top 14.6%.
Is Mizuno's Quick Ratio too high?
Mizuno's current Quick Ratio of 2.41 is 47% above median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 2.41. The Retail - Cyclical industry median Quick Ratio is 0.87. Mizuno's value of 2.41 is 177% above this industry median. Based on the distribution chart, Mizuno ranks #164 out of 1127 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Mizuno has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mizuno's Quick Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mizuno ranks #164 out of 1127 companies for Quick Ratio. This places Mizuno in the top 15% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.87. Mizuno's value of 2.41 is 177% above this benchmark. Historically, Mizuno's own Quick Ratio has ranged from 1.45 to 2.41 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 0.87, Mizuno 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 Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,127 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. Mizuno's current Quick Ratio of 2.41 is 177% 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 Mizuno and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mizuno's current Quick Ratio is 2.41, which is 47% above median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mizuno stock overvalued right now?
Based on GuruFocus' analysis, Mizuno (TSE:8022) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,907.08, compared to a current price of 円3,305.00 — trading 13.7% above its estimated fair value. The current Quick Ratio is 2.41, which is 47% above median its 10-year median of 1.64 and 177% above the Retail - Cyclical industry median of 0.87. Mizuno's overall GF Score™ is 89/100. 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 Mizuno (TSE:8022), the current Quick Ratio is 2.41 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 Mizuno (TSE:8022) Overvalued in 2026?

Based on GuruFocus' analysis, Mizuno stock appears to be overvalued. The current stock price of 円3,305.00 is trading 13.7% above its estimated GF Value™ of 円2,907.08. GuruFocus considers Mizuno to be Modestly Overvalued.

Key valuation signals for TSE:8022:

  • Quick Ratio: 2.41 (47% above median its 10-year median of 1.64)
  • GF Value™: 円2,907.08 vs. price of 円3,305.00 (13.7% above fair value)
  • GF Score™: 89/100
  • Industry Position: 177% above the Retail - Cyclical median (#164 of 1127)

No single metric tells the full story. See the TSE:8022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mizuno Business Description

Other Exchanges MIZ:Germany
Address 1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, JPN, 559-8510
Mizuno Corporation is a Japan-based company principally engaged in the manufacture and sale of sporting goods under the brand MIZUNO worldwide. The company's product mix consists of sports equipment, sports shoes, sportswear, and other products and services. Footwear and apparel jointly account for more than half of the company's total revenue. The company's products are produced in the company's own factories or commissioned factories. The company has business presence in Japan, the Americas, EMEA, Asia and Oceania, with Japan contributing over half of the company's total revenue.
89GF Score

Get the complete analysis for TSE:8022

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

円3,305.00
Price
円2,907.08
GF Value