TOKAI (TSE:9729) Quick Ratio: 2.04 (As of Mar. 2026) — Near Median


TSE:9729 TOKAI Corp TSE:9729
88 GF Score
Price 円2,403.00
GF Value 円2,587.49
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is TOKAI Quick Ratio?

TOKAI TSE:9729 +1.05% 88 Quick Ratio is 2.04 as of Mar. 2026, which is 6% below its 10-year median of 2.18. GuruFocus rates TSE:9729 with a GF Score™ of 88/100 and a GF Value™ of 円2,587.49 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,091 Business Services companies, TOKAI ranks better than 61.5% 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. TOKAI's quick ratio for the quarter that ended in Mar. 2026 was 2.04.

TOKAI has a quick ratio of 2.04. It generally indicates good short-term financial strength.

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

TSE:9729' s Quick Ratio Range Over the Past 10 Years
Min: 1.76   Med: 2.18   Max: 2.43
Current: 2.04

During the past 13 years, TOKAI's highest Quick Ratio was 2.43. The lowest was 1.76. And the median was 2.18.

TSE:9729's Quick Ratio is ranked better than
61.5% of 1091 companies
in the Business Services industry
Industry Median: 1.67 vs TSE:9729: 2.04

TOKAI  (TSE:9729) 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.


TOKAI Quick Ratio Related Terms


TOKAI Quick Ratio Historical Data

* Premium members only.

The historical data trend for TOKAI'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.

TOKAI Quick Ratio Chart

TOKAI 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 2.38 2.43 2.37 2.15 2.04

TOKAI 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 2.15 2.20 2.24 1.83 2.04

TSE:9729 vs URI, SUNB, AER: Quick Ratio Comparison

For the Rental & Leasing Services subindustry, TOKAI'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.


TOKAI Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, TOKAI's Quick Ratio distribution charts can be found below:

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


TSE:9729
88GF Score
TOKAI Corp TSE:9729
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOKAI 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.

TOKAI'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
=(57434-6362)/25003
=2.04

TOKAI'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
=(57434-6362)/25003
=2.04

* 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 2.04 mean?
TOKAI (TSE:9729) has a Quick Ratio of 2.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TOKAI and its competitors. This is near median its historical median of 2.18. Over the past decade, TOKAI's Quick Ratio has ranged from 1.76 to 2.43. According to the industry distribution chart, TOKAI ranks #420 out of 1091 companies in the Business Services industry, placing it in the top 38.5%.
Is TOKAI's Quick Ratio too high?
TOKAI's current Quick Ratio of 2.04 is near median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 2.43. The Business Services industry median Quick Ratio is 1.67. TOKAI's value of 2.04 is 22.2% above this industry median. Based on the distribution chart, TOKAI ranks #420 out of 1091 companies in the Business Services industry, which is above the industry midpoint. Overall, TOKAI has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TOKAI's Quick Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, TOKAI ranks #420 out of 1091 companies for Quick Ratio. This puts TOKAI in the upper half of its industry. The industry median Quick Ratio is 1.67. TOKAI's value of 2.04 is 22.2% above this benchmark. Historically, TOKAI's own Quick Ratio has ranged from 1.76 to 2.43 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 1.67, TOKAI 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,091 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. TOKAI's current Quick Ratio of 2.04 is 22.2% 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 TOKAI and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOKAI's current Quick Ratio is 2.04, which is near median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKAI stock overvalued right now?
Based on GuruFocus' analysis, TOKAI (TSE:9729) is currently considered Fairly Valued. The stock's GF Value™ is 円2,587.49, compared to a current price of 円2,403.00 — trading 7.1% below its estimated fair value. The current Quick Ratio is 2.04, which is near median its 10-year median of 2.18 and 22.2% above the Business Services industry median of 1.67. TOKAI's overall GF Score™ is 88/100 with 1 warning sign 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 TOKAI (TSE:9729), the current Quick Ratio is 2.04 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 TOKAI (TSE:9729) Overvalued in 2026?

Based on GuruFocus' analysis, TOKAI stock appears to be undervalued. The current stock price of 円2,403.00 is trading 7.1% below its estimated GF Value™ of 円2,587.49. GuruFocus considers TOKAI to be Fairly Valued.

Key valuation signals for TSE:9729:

  • Quick Ratio: 2.04 (near median its 10-year median of 2.18)
  • GF Value™: 円2,587.49 vs. price of 円2,403.00 (7.1% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 22.2% above the Business Services median (#420 of 1091)

No single metric tells the full story. See the TSE:9729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOKAI Business Description

Address 9-16 Wakamiya-cho, Gifu-shi, JPN, 500-8828
TOKAI Corp is a Japan-based company which is involved in rental and leasing business. The firm is primarily engaged in supplying beddings for hospitals, clinics, and care facilities, as well as hotels and resort facilities, on a rental or contract basis. Its have business segments include The Healthy Life Services segment rents beddings and nursing care products, provides food service, and manufactures and sells cleaning machinery, The Dispensing Services segment operates pharmacies for dispensing service in front of general hospitals, The Environmental Services segment is engaged in the rental and sale of environmental products, and The Building Cleaning and Management services mainly for medical institutions and nursing care facilities.
88GF Score

Get the complete analysis for TSE:9729

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

円2,403.00
Price
円2,587.49
GF Value