As of June 2, 2025, Meiji Machine Co Ltd (6334.T) reports a Current Ratio of 2.02.
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 Meiji Machine Co Ltd's Current Ratio
Over recent years, Meiji Machine Co Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2025-03-31 | 2.02 |
| 2024-03-31 | 1.64 |
| 2023-03-31 | 1.93 |
| 2022-03-31 | 1.02 |
| 2021-03-31 | 0.98 |
This slight upward trend highlights how Meiji Machine Co Ltd manages its short-term assets and liabilities over time.
Comparing Meiji Machine Co Ltd's Current Ratio to Peers
To better understand Meiji Machine Co Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Meiji Machine Co Ltd (6334.T) | 2.02 |
| Kyowakogyosyo Co Ltd (5971.T) | 8.42 |
| Yamada Corp (6392.T) | 7.52 |
| Nireco Corp (6863.T) | 6.79 |
| Waida MFG. Co Ltd (6158.T) | 5.93 |
| Nansin Co Ltd (7399.T) | 5.72 |
Compared to its competitors, Meiji Machine Co Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.