5542.T
Price:
$740
Market Cap:
$4.90B
Shinhokoku Material Corp. engages in the manufacture and sale of special alloy materials, and precision processed products in Japan. It offers low thermal expansion alloy castings for semiconductor and FPD manufacturing equipment industries; high-temperature alloy castings for the steel industry; precision processed parts for semiconductor and FPD manufacturing equipment; and forged products, including bars, wires, etc. The company also provides steel pipe manufacturing tools, electrical resistance materials, special welding rod core wires, contract drawing wire processing, etc. In addition, it is also involved in real estate leasing business. The company was formerly known as Shinhokoku Ste...[Read more]
Industry
Steel
IPO Date
Stock Exchange
JPX
Ticker
5542.T
According to Shinhokoku Material Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 7.10. This represents a change of -11.68% compared to the average of 8.04 of the last 4 quarters.
The mean historical Current Ratio of Shinhokoku Material Corp. over the last ten years is 7.96. The current 7.10 Current Ratio has changed 8.82% with respect to the historical average. Over the past ten years (40 quarters), 5542.T's Current Ratio was at its highest in in the December 2022 quarter at 1.31K. The Current Ratio was at its lowest in in the September 2023 quarter at 4.67.
Average
7.96
Median
8.20
Minimum
4.37
Maximum
11.88
Discovering the peaks and valleys of Shinhokoku Material Corp. 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 = 120.78%
Maximum Annual Current Ratio = 11.88
Minimum Annual Increase = -63.26%
Minimum Annual Current Ratio = 4.37
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 9.12 | 67.18% |
| 2023 | 5.46 | -43.37% |
| 2022 | 9.64 | 120.78% |
| 2021 | 4.37 | -63.26% |
| 2020 | 11.88 | 63.41% |
The current Current Ratio of Shinhokoku Material Corp. (5542.T) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.07
5-year avg
8.09
10-year avg
7.96
Shinhokoku Material Corp.’s Current Ratio is greater than Nippon Kinzoku Co., Ltd. (1.40), greater than HOKUETSU METAL Co., Ltd. (2.05), greater than Molitec Steel Co., Ltd. (1.43), greater than Shoei Yakuhin Co.,Ltd. (1.66), greater than Sanyu Co., Ltd. (1.66), greater than Toyo Drilube Co., Ltd. (4.48), greater than Hatsuho Shouji Co.,Ltd. (1.56), greater than Nankai Chemical Company,Limited (0.90), greater than Showa Chemical Industry Co., Ltd. (1.91), greater than Nippon Chuzo K. K. (1.70),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.40 | $5.57B | |
| 2.05 | $4.69B | |
| 1.43 | $4.32B | |
| 1.66 | $5.38B | |
| 1.66 | $3.96B | |
| 4.48 | $5.36B | |
| 1.56 | $6.83B | |
| 0.90 | $6.01B | |
| 1.91 | $5.06B | |
| 1.70 | $4.05B |
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