5588.T
Price:
$1060
Market Cap:
$11.73B
Fast Accounting Co.,Ltd. develops artificial intelligence (AI) based accounting operation software solutions in Japan. It offers automation of invoice input/confirmation, automated invoice matching, automate receipt input/ confirmation, automated receipt matching, and digital invoice services. The company was incorporated in 2016 and is headquartered in Minato, Japan.
Industry
Software - Application
IPO Date
2023-09-22
Stock Exchange
JPX
Ticker
5588.T
According to Fast Accounting Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.83. This represents a change of 0.36% compared to the average of 1.82 of the last 4 quarters.
The mean historical Current Ratio of Fast Accounting Co.,Ltd. over the last ten years is 1.62. The current 1.83 Current Ratio has changed 11.19% with respect to the historical average. Over the past ten years (40 quarters), 5588.T's Current Ratio was at its highest in in the September 2023 quarter at 2.23. The Current Ratio was at its lowest in in the June 2023 quarter at 1.24.
Average
1.62
Median
1.67
Minimum
1.21
Maximum
1.93
Discovering the peaks and valleys of Fast Accounting 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 = 59.66%
Maximum Annual Current Ratio = 1.93
Minimum Annual Increase = -25.28%
Minimum Annual Current Ratio = 1.21
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.71 | -11.17% |
| 2023 | 1.93 | 59.66% |
| 2022 | 1.21 | -25.28% |
The current Current Ratio of Fast Accounting Co.,Ltd. (5588.T) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.62
5-year avg
1.62
10-year avg
1.62
Fast Accounting Co.,Ltd.’s Current Ratio is less than Ubicom Holdings, Inc. (3.69), less than ENECHANGE Ltd. (3.11), less than HIMACS, Ltd. (5.59), less than UNIRITA Inc. (3.31), less than Caulis, Inc. (3.11), less than Laboro.AI Inc. (10.37), less than Ibis Inc. (2.82), less than System D Inc. (1.83), less than Cross Cat Co., Ltd. (3.53), less than Yappli, Inc. (4.06),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.69 | $12.71B | |
| 3.11 | $11.84B | |
| 5.59 | $14.37B | |
| 3.31 | $14.69B | |
| 3.11 | $9.43B | |
| 10.37 | $13.51B | |
| 2.82 | $12.66B | |
| 1.83 | $12.85B | |
| 3.53 | $14.30B | |
| 4.06 | $11.36B |
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