Mie Co (NGO:3442) Total Current Assets: 円5,344 Mil (As of Mar. 2026)

Mie Co NGO:3442 +0.31% 66 Total Current Assets is 円5,344 Mil as of Mar. 2026. GuruFocus rates NGO:3442 with a GF Score™ of 66/100 and a GF Value™ of 円1,450.20 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mie Co's total current assets for the quarter that ended in Mar. 2026 was 円5,344 Mil.

Mie Co (NGO:3442) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Mie Co's Liquidation Value for the quarter that ended in Mar. 2026 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1057.348	-	5152.354	+	0.75 * 1108.307	+	0.5 * 1763.518
=	-2,382

* 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.

Mie Co Total Current Assets Related Terms

Mie Co Total Current Assets Historical Data

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The historical data trend for Mie Co's Total Current Assets can be seen below:

Mie Co Total Current Assets Chart

Mie Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Total Current Assets

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3,717.06

4,401.05

5,465.36

5,251.38

5,343.96

Mie Co Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Total Current Assets	Get a 7-Day Free Trial															5,465.36	5,191.68	5,251.38	5,123.33	5,343.96

66GF Score

Mie Corp Co Ltd NGO:3442

Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.

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Mie Co Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Mie Co's Total Current Assets for the fiscal year that ended in Mar. 2026 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1057.348	+	1108.307	+	1763.518	+	1414.784
	=	5,344

Mie Co's Total Current Assets for the quarter that ended in Mar. 2026 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1057.348	+	1108.307	+	1763.518	+	1414.784
	=	5,344

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Frequently Asked Questions Learn more about Total Current Assets →

What does a Total Current Assets of 円5,344 Mil mean?

Mie Co (NGO:3442) has a Total Current Assets of 円5,344 Mil as of Mar. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Mie Co and its competitors.

Is Mie Co's Total Current Assets too high?

Mie Co's current Total Current Assets is 円5,344 Mil. Overall, Mie Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Mie Co's Total Current Assets compare to NUE and STLD?

Mie Co's Total Current Assets of 円5,344 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Total Current Assets for a Steel company?

A good Total Current Assets depends on the Steel industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Total Current Assets mean?

A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Mie Co and its competitors. Mie Co's current Total Current Assets is 円5,344 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mie Co stock overvalued right now?

Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,450.20, compared to a current price of 円1,612.00 — trading 11.2% above its estimated fair value. The current Total Current Assets is 円5,344 Mil. Mie Co's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Current Assets calculated?

Total Current Assets is calculated from a company's financial statements. For Mie Co (NGO:3442), the current Total Current Assets is 円5,344 Mil 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 Mie Co (NGO:3442) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Co stock appears to be overvalued. The current stock price of 円1,612.00 is trading 11.2% above its estimated GF Value™ of 円1,450.20. GuruFocus considers Mie Co to be Modestly Overvalued.

Key valuation signals for NGO:3442:

Total Current Assets: 円5,344 Mil
GF Value™: 円1,450.20 vs. price of 円1,612.00 (11.2% above fair value)
GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mie Co Business Description

Industry Basic Materials Steel

Comparable Companies TSE:7986 TSE:5973 TSE:5458 TSE:5697 TSE:5609 TSE:5446 TSE:7531 TSE:5986 TSE:5542 TSE:5491 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Address 1001 Oaza Hoshikawa, Mie-ken, Kuwana, JPN, 511-0912

Website https://www.mie-corp.jp

Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.

66GF Score

Get the complete analysis for NGO:3442

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

円1,612.00

Price

円1,450.20

GF Value

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