As of June 10, 2025, Furukawa Co Ltd (5715.T) reports a Current Ratio of 2.20.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Furukawa Co Ltd's Current Ratio
Over recent years, Furukawa Co Ltd's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2025-03-31 | 2.20 |
2024-03-31 | 1.93 |
2023-03-31 | 1.58 |
2022-03-31 | 1.61 |
2021-03-31 | 1.85 |
This slight upward trend highlights how Furukawa Co Ltd manages its short-term assets and liabilities over time.
Comparing Furukawa Co Ltd's Current Ratio to Peers
To better understand Furukawa Co Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
Furukawa Co Ltd (5715.T) | 2.20 |
Fuji Corp (Aichi) (6134.T) | 6.98 |
OSG Corp (6136.T) | 5.26 |
Max Co Ltd (6454.T) | 5.08 |
Nitta Corp (5186.T) | 4.68 |
Okuma Corp (6103.T) | 4.32 |
Compared to its competitors, Furukawa Co Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.