2388.T
Price:
$65
Market Cap:
$2.76B
Wedge Holdings CO.,LTD., together with its subsidiaries, engages in the finance and content businesses in Japan and South-East Asia. The company offers financing services for the purchase of motorcycles. It also engages in the publication editing activities; planning and development of card games; and production and distribution of company owned contents and music labels. The company was incorporated in 2001 and is headquartered in Tokyo, Japan. Wedge Holdings CO.,LTD. operates as a subsidiary of Showa Holdings Co., Ltd.
Industry
Conglomerates
IPO Date
2004-01-29
Stock Exchange
JPX
Ticker
2388.T
According to Wedge Holdings CO.,LTD.’s latest financial reports and current stock price. The company's current Current Ratio is 11.35. This represents a change of 62.46% compared to the average of 6.98 of the last 4 quarters.
The mean historical Current Ratio of Wedge Holdings CO.,LTD. over the last ten years is 2.73. The current 11.35 Current Ratio has changed 41.41% with respect to the historical average. Over the past ten years (40 quarters), 2388.T's Current Ratio was at its highest in in the June 2025 quarter at 11.35. The Current Ratio was at its lowest in in the December 2022 quarter at 0.80.
Average
2.73
Median
2.06
Minimum
0.84
Maximum
5.27
Discovering the peaks and valleys of Wedge Holdings CO.,LTD. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 249.36%
Maximum Annual Current Ratio = 5.27
Minimum Annual Increase = -29.39%
Minimum Annual Current Ratio = 0.84
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.27 | 1.17% |
| 2023 | 5.21 | 77.43% |
| 2022 | 2.94 | 249.36% |
| 2021 | 0.84 | -29.39% |
| 2020 | 1.19 | 25.30% |
The current Current Ratio of Wedge Holdings CO.,LTD. (2388.T) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.47
5-year avg
3.09
10-year avg
2.73
Wedge Holdings CO.,LTD.’s Current Ratio is greater than Shingakukai Holdings Co.,Ltd. (1.07), greater than Orvis Corporation (2.25), greater than Linkers Corporation (4.54), greater than Kyodo Paper Holdings (1.28), greater than The Nihon Seima Co.,Ltd. (2.26), greater than JSH Co Ltd (2.45), greater than YKT Corporation (3.08), greater than Howtelevision, Inc. (2.43), greater than Pulstec Industrial Co., Ltd. (5.98), greater than Asmarq Co., Ltd. (2.44),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.07 | $2.95B | |
| 2.25 | $2.95B | |
| 4.54 | $2.35B | |
| 1.28 | $3.06B | |
| 2.26 | $3.13B | |
| 2.45 | $2.34B | |
| 3.08 | $2.83B | |
| 2.43 | $3.07B | |
| 5.98 | $2.93B | |
| 2.44 | $2.66B |
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