RENOVATSE:9519 -1.93%76 Quick Ratio is 2.13 as of Mar. 2026, which is 12% below its 10-year median of 2.43. GuruFocus rates TSE:9519 with a GF Score™ of 76/100 and a GF Value™ of 円1,348.29 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, RENOVA ranks better than 75.11% 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. RENOVA's quick ratio for the quarter that ended in Mar. 2026 was 2.13.
RENOVA has a quick ratio of 2.13. It generally indicates good short-term financial strength.
The historical rank and industry rank for RENOVA's Quick Ratio or its related term are showing as below:
TSE:9519'
s Quick Ratio Range Over the Past 10 Years
Min: 1.82 Med: 2.43 Max: 3.51
Current: 2.13
During the past 11 years, RENOVA's highest Quick Ratio was 3.51. The lowest was 1.82. And the median was 2.43.
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.
RENOVA Quick Ratio Related Terms
RENOVA Quick Ratio Historical Data
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The historical data trend for RENOVA'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 Utilities - Renewable subindustry, RENOVA'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.
RENOVA Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, RENOVA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where RENOVA'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.
RENOVA's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
RENOVA (TSE:9519) has a Quick Ratio of 2.13 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on RENOVA and its competitors. This is 12% below median its historical median of 2.43. Over the past decade, RENOVA's Quick Ratio has ranged from 1.82 to 3.51. According to the industry distribution chart, RENOVA ranks #111 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 24.9%.
Is RENOVA's Quick Ratio too high?
RENOVA's current Quick Ratio of 2.13 is 12% below median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 3.51. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. RENOVA's value of 2.13 is 71.8% above this industry median. Based on the distribution chart, RENOVA ranks #111 out of 446 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, RENOVA has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RENOVA's Quick Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, RENOVA ranks #111 out of 446 companies for Quick Ratio. This places RENOVA in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.24. RENOVA's value of 2.13 is 71.8% above this benchmark. Historically, RENOVA's own Quick Ratio has ranged from 1.82 to 3.51 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 1.24, RENOVA 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 Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 446 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. RENOVA's current Quick Ratio of 2.13 is 71.8% 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 RENOVA and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RENOVA's current Quick Ratio is 2.13, which is 12% below median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RENOVA stock overvalued right now?
Based on GuruFocus' analysis, RENOVA (TSE:9519) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,348.29, compared to a current price of 円966.00 — trading 28.4% below its estimated fair value. The current Quick Ratio is 2.13, which is 12% below median its 10-year median of 2.43 and 71.8% above the Utilities - Independent Power Producers industry median of 1.24. RENOVA's overall GF Score™ is 76/100 with 6 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 RENOVA (TSE:9519), the current Quick Ratio is 2.13 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 RENOVA (TSE:9519) Overvalued in 2026?
Based on GuruFocus' analysis, RENOVA stock appears to be undervalued.
The current stock price of 円966.00 is trading 28.4% below its estimated GF Value™ of 円1,348.29.
GuruFocus considers RENOVA to be Modestly Undervalued.
Key valuation signals for TSE:9519:
Quick Ratio: 2.13 (12% below median its 10-year median of 2.43)
GF Value™: 円1,348.29 vs. price of 円966.00 (28.4% below fair value)
Industry Position: 71.8% above the Utilities - Independent Power Producers median (#111 of 446)
No single metric tells the full story. See the TSE:9519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RENOVA Inc is a Japan-based company mainly engaged in renewable energy generation business and the development and management of renewable energy business. With its subsidiaries, the company operates power generation business. Renewable energy power generation develops electricity sales business by operating renewable energy power plants, including large-scale solar power generation, wind power generation, and biomass power generation.
76GF Score
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