Tosho Co (TSE:8920) Quick Ratio: 3.02 (As of Mar. 2026) — 55% Above Median


TSE:8920 Tosho Co Ltd TSE:8920
88 GF Score
Price 円750.00
GF Value 円648.92
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Tosho Co Quick Ratio?

Tosho Co TSE:8920 +0.27% 88 Quick Ratio is 3.02 as of Mar. 2026, which is 55% above its 10-year median of 1.95. GuruFocus rates TSE:8920 with a GF Score™ of 88/100 and a GF Value™ of 円648.92 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 561 Conglomerates companies, Tosho Co ranks better than 87.34% 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. Tosho Co's quick ratio for the quarter that ended in Mar. 2026 was 3.02.

Tosho Co has a quick ratio of 3.02. It generally indicates good short-term financial strength.

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

TSE:8920' s Quick Ratio Range Over the Past 10 Years
Min: 1.55   Med: 1.95   Max: 3.02
Current: 3.02

During the past 13 years, Tosho Co's highest Quick Ratio was 3.02. The lowest was 1.55. And the median was 1.95.

TSE:8920's Quick Ratio is ranked better than
87.34% of 561 companies
in the Conglomerates industry
Industry Median: 1.19 vs TSE:8920: 3.02

Tosho Co  (TSE:8920) 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.


Tosho Co Quick Ratio Related Terms


Tosho Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tosho 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.

Tosho Co Quick Ratio Chart

Tosho 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 2.51 2.10 2.01 1.55 3.02

Tosho Co 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 1.55 1.76 1.71 1.88 3.02

TSE:8920 vs HON, MMM: Quick Ratio Comparison

For the Conglomerates subindustry, Tosho 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.


Tosho Co Quick Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tosho Co's Quick Ratio distribution charts can be found below:

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


TSE:8920
88GF Score
Tosho Co Ltd TSE:8920
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tosho 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.

Tosho 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
=(22468.181-45.829)/7421.293
=3.02

Tosho 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
=(22468.181-45.829)/7421.293
=3.02

* 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 3.02 mean?
Tosho Co (TSE:8920) has a Quick Ratio of 3.02 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tosho Co and its competitors. This is 55% above median its historical median of 1.95. Over the past decade, Tosho Co's Quick Ratio has ranged from 1.55 to 3.02. According to the industry distribution chart, Tosho Co ranks #71 out of 561 companies in the Conglomerates industry, placing it in the top 12.7%.
Is Tosho Co's Quick Ratio too high?
Tosho Co's current Quick Ratio of 3.02 is 55% above median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 3.02. The Conglomerates industry median Quick Ratio is 1.19. Tosho Co's value of 3.02 is 153.8% above this industry median. Based on the distribution chart, Tosho Co ranks #71 out of 561 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Tosho Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tosho Co's Quick Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Tosho Co ranks #71 out of 561 companies for Quick Ratio. This places Tosho Co in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.19. Tosho Co's value of 3.02 is 153.8% above this benchmark. Historically, Tosho Co's own Quick Ratio has ranged from 1.55 to 3.02 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 1.19, Tosho 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 Conglomerates company?
The median Quick Ratio among Conglomerates companies is 1.19, based on 561 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. Tosho Co's current Quick Ratio of 3.02 is 153.8% 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 Tosho Co and its competitors. For the Conglomerates industry, the median Quick Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tosho Co's current Quick Ratio is 3.02, which is 55% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosho Co stock overvalued right now?
Based on GuruFocus' analysis, Tosho Co (TSE:8920) is currently considered Modestly Overvalued. The stock's GF Value™ is 円648.92, compared to a current price of 円750.00 — trading 15.6% above its estimated fair value. The current Quick Ratio is 3.02, which is 55% above median its 10-year median of 1.95 and 153.8% above the Conglomerates industry median of 1.19. Tosho Co's overall GF Score™ is 88/100 with 2 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 Tosho Co (TSE:8920), the current Quick Ratio is 3.02 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 Tosho Co (TSE:8920) Overvalued in 2026?

Based on GuruFocus' analysis, Tosho Co stock appears to be overvalued. The current stock price of 円750.00 is trading 15.6% above its estimated GF Value™ of 円648.92. GuruFocus considers Tosho Co to be Modestly Overvalued.

Key valuation signals for TSE:8920:

  • Quick Ratio: 3.02 (55% above median its 10-year median of 1.95)
  • GF Value™: 円648.92 vs. price of 円750.00 (15.6% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 153.8% above the Conglomerates median (#71 of 561)

No single metric tells the full story. See the TSE:8920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tosho Co Business Description

Address 1-16-5, Mikawaanjocho, Anjo-Shi, Aichi, JPN, 446-0056
Tosho Co Ltd is mainly engaged in the operation of sports clubs in Japan. It mainly operates membership sports clubs under the name Holiday Sports Club and golf practice ranges under the name Holiday Golf Garden. The company's business segment includes Sports club business; Hotel business and Real estate business. It generates maximum revenue from the Sports club business segment.
88GF Score

Get the complete analysis for TSE:8920

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

円750.00
Price
円648.92
GF Value