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. Japan Excellent's quick ratio for the quarter that ended in Dec. 2025 was 0.65.
Japan Excellent has a quick ratio of 0.65. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Japan Excellent's Quick Ratio or its related term are showing as below:
TSE:8987'
s Quick Ratio Range Over the Past 10 Years
Min: 0.65 Med: 0.98 Max: 2.27
Current: 0.65
During the past 13 years, Japan Excellent's highest Quick Ratio was 2.27. The lowest was 0.65. And the median was 0.98.
TSE:8987's Quick Ratio is ranked worse than 61.61% of 758
companies
in the REITs industry
Industry Median: 0.87
vs TSE:8987: 0.65
Japan Excellent (TSE:8987) 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.
Japan Excellent Quick Ratio Related Terms
Japan Excellent Quick Ratio Historical Data
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The historical data trend for Japan Excellent'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.
For the REIT - Office subindustry, Japan Excellent'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.
Japan Excellent Quick Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Japan Excellent's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Japan Excellent's Quick Ratio falls into.
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.
Japan Excellent's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Japan Excellent (TSE:8987) has a Quick Ratio of 0.65 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Japan Excellent and its competitors. This is 34% below median its historical median of 0.98. Over the past decade, Japan Excellent's Quick Ratio has ranged from 0.65 to 2.27. According to the industry distribution chart, Japan Excellent ranks #467 out of 758 companies in the REITs industry, placing it in the top 61.6%.
Is Japan Excellent's Quick Ratio too high?
Japan Excellent's current Quick Ratio of 0.65 is 34% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.27. The REITs industry median Quick Ratio is 0.87. Japan Excellent's value of 0.65 is 25.3% below this industry median. Based on the distribution chart, Japan Excellent ranks #467 out of 758 companies in the REITs industry, which is below the industry midpoint. Overall, Japan Excellent has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Excellent's Quick Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Japan Excellent ranks #467 out of 758 companies for Quick Ratio. This places Japan Excellent in the lower half of its industry. The industry median Quick Ratio is 0.87. Japan Excellent's value of 0.65 is 25.3% below this benchmark. Historically, Japan Excellent's own Quick Ratio has ranged from 0.65 to 2.27 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.87, Japan Excellent 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 REITs company?
The median Quick Ratio among REITs companies is 0.87, based on 758 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. Japan Excellent's current Quick Ratio of 0.65 is 25.3% 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 Japan Excellent and its competitors. For the REITs 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. Japan Excellent's current Quick Ratio is 0.65, which is 34% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Excellent stock overvalued right now?
Based on GuruFocus' analysis, Japan Excellent (TSE:8987) is currently considered Fairly Valued. The stock's GF Value™ is 円128,670.43, compared to a current price of 円134,800.00 — trading 4.8% above its estimated fair value. The current Quick Ratio is 0.65, which is 34% below median its 10-year median of 0.98 and 25.3% below the REITs industry median of 0.87. Japan Excellent's overall GF Score™ is 69/100 with 9 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 Japan Excellent (TSE:8987), the current Quick Ratio is 0.65 as of Dec. 2025. 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 Japan Excellent (TSE:8987) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Excellent stock appears to be overvalued.
The current stock price of 円134,800.00 is trading 4.8% above its estimated GF Value™ of 円128,670.43.
GuruFocus considers Japan Excellent to be Fairly Valued.
Key valuation signals for TSE:8987:
Quick Ratio: 0.65 (34% below median its 10-year median of 0.98)
GF Value™: 円128,670.43 vs. price of 円134,800.00 (4.8% above fair value)
Industry Position: 25.3% below the REITs median (#467 of 758)
No single metric tells the full story. See the TSE:8987 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Excellent Inc is a real estate investment trust. It mainly invests in office buildings located in major metropolitan areas and pursues to create a portfolio that produces stable growth of income by acquiring properties. The company's portfolio of assets is managed by Japan Excellent Asset Management Co., Ltd.
69GF Score
Get the complete analysis for TSE:8987
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