YONXF (Yonex Co) Quick Ratio: 2.31 (As of Mar. 2026) — 15% Below Median


YONXF Yonex Co Ltd YONXF
89 GF Score
Price $23.12
GF Value $28.63
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What is Yonex Co Quick Ratio?

Yonex Co YONXF 89 Quick Ratio is 2.31 as of Mar. 2026, which is 15% below its 10-year median of 2.72. GuruFocus rates YONXF with a GF Score™ of 89/100 and a GF Value™ of $28.63. Among 857 Travel & Leisure companies, Yonex Co ranks better than 77.13% 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. Yonex Co's quick ratio for the quarter that ended in Mar. 2026 was 2.31.

Yonex Co has a quick ratio of 2.31. It generally indicates good short-term financial strength.

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

YONXF' s Quick Ratio Range Over the Past 10 Years
Min: 2   Med: 2.72   Max: 3.29
Current: 2.31

During the past 13 years, Yonex Co's highest Quick Ratio was 3.29. The lowest was 2.00. And the median was 2.72.

YONXF's Quick Ratio is ranked better than
77.13% of 857 companies
in the Travel & Leisure industry
Industry Median: 1.14 vs YONXF: 2.31

Yonex Co  (OTCPK:YONXF) 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.


Yonex Co Quick Ratio Related Terms


Yonex Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Yonex 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.

Yonex Co Quick Ratio Chart

Yonex 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 2.42 2.00 2.13 2.13 2.31

Yonex 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 2.13 2.14 2.35 2.43 2.31

YONXF vs AS, HAS, LTH: Quick Ratio Comparison

For the Leisure subindustry, Yonex 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.


Yonex Co Quick Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yonex Co's Quick Ratio distribution charts can be found below:

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


YONXF
89GF Score
Yonex Co Ltd YONXF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Yonex 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.

Yonex 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
=(540.027-152.468)/167.674
=2.31

Yonex 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
=(540.027-152.468)/167.674
=2.31

* 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 2.31 mean?
Yonex Co (YONXF) has a Quick Ratio of 2.31 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Yonex Co and its competitors. This is 15% below median its historical median of 2.72. Over the past decade, Yonex Co's Quick Ratio has ranged from 2.00 to 3.29. According to the industry distribution chart, Yonex Co ranks #196 out of 857 companies in the Travel & Leisure industry, placing it in the top 22.9%.
Is Yonex Co's Quick Ratio too high?
Yonex Co's current Quick Ratio of 2.31 is 15% below median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 3.29. The Travel & Leisure industry median Quick Ratio is 1.14. Yonex Co's value of 2.31 is 102.6% above this industry median. Based on the distribution chart, Yonex Co ranks #196 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Yonex Co has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Yonex Co's Quick Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Yonex Co ranks #196 out of 857 companies for Quick Ratio. This places Yonex Co in the top 23% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.14. Yonex Co's value of 2.31 is 102.6% above this benchmark. Historically, Yonex Co's own Quick Ratio has ranged from 2.00 to 3.29 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 1.14, Yonex 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 Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.14, based on 857 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. Yonex Co's current Quick Ratio of 2.31 is 102.6% 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 Yonex Co and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yonex Co's current Quick Ratio is 2.31, which is 15% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yonex Co stock overvalued right now?
Yonex Co (YONXF) has a current Quick Ratio of 2.31. The stock's GF Value™ is $28.63, compared to a current price of $23.12 — trading 19.2% below its estimated fair value. The current Quick Ratio is 2.31, which is 15% below median its 10-year median of 2.72 and 102.6% above the Travel & Leisure industry median of 1.14. Yonex Co'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 Yonex Co (YONXF), the current Quick Ratio is 2.31 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 Yonex Co (YONXF) Overvalued in 2026?

Based on GuruFocus' analysis, Yonex Co stock appears to be undervalued. The current stock price of $23.12 is trading 19.2% below its estimated GF Value™ of $28.63.

Key valuation signals for YONXF:

  • Quick Ratio: 2.31 (15% below median its 10-year median of 2.72)
  • GF Value™: $28.63 vs. price of $23.12 (19.2% below fair value)
  • GF Score™: 89/100
  • Industry Position: 102.6% above the Travel & Leisure median (#196 of 857)

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


Yonex Co Business Description

Other Exchanges 7906:Japan
Address 3-23-13 Yushima, Bunkyo-ku, Tokyo, JPN, 113-8543
Yonex Co Ltd is a Japan based company engaged in manufacture and sale of sporting goods and golf course management. It produces Badminton Equipment, Tennis, Soft Tennis Equipment, and Golf Equipment. The Badminton Equipment includes Racquets, shuttlecocks, strings, apparel, shoes, bags, etc.; The Tennis, Soft Tennis Equipment includes Racquets, strings, apparel, shoes, bags, balls, etc. and Golf Equipment includes Woods, irons, putters, shafts, apparel, shoes, bags, accessories, etc. It has four geographical segments Japan, North America, Europe, and Asia.
89GF Score

Get the complete analysis for YONXF

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

$23.12
Price
$28.63
GF Value