As of June 18, 2025, NOK Corp (7240.T) reports a Current Ratio of 2.26.
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 NOK Corp's Current Ratio
Over recent years, NOK Corp's Current Ratio has shown a stable trend. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2025-03-31 | 2.26 |
| 2024-03-31 | 2.07 |
| 2023-03-31 | 2.19 |
| 2022-03-31 | 2.01 |
| 2021-03-31 | 1.87 |
This slight downward trend highlights how NOK Corp manages its short-term assets and liabilities over time.
Comparing NOK Corp's Current Ratio to Peers
To better understand NOK Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| NOK Corp (7240.T) | 2.26 |
| Stanley Electric Co Ltd (6923.T) | 4.29 |
| Nifco Inc (7988.T) | 3.86 |
| Exedy Corp (7278.T) | 3.54 |
| Niterra Co Ltd (5334.T) | 3.26 |
| Koito Manufacturing Co Ltd (7276.T) | 3.15 |
Compared to its competitors, NOK Corp's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.