5981.T
Price:
$1453
Market Cap:
$22.68B
Tokyo Rope Mfg. Co., Ltd. manufactures and sells wire ropes, steel cords, and carbon fiber composite cables (CFCCs) in Japan and internationally. It offers its wire ropes that are used in cranes, elevators, forestry and fisheries, rope slings, and cableways; galvanized wires and strands for use in electric power and communication fields; and steel cords, including steel tire cords that are used in steel radial tires, hose wires to reinforce high pressure hose, and saw wires to produce wafers and chips. The company also provides engineering, bridge and structural cable, and CFCC, as well as aluminum conductor fiber reinforced products. In addition, it designs and constructs road safety device...[Read more]
Industry
Industrial - Machinery
IPO Date
2001-01-01
Stock Exchange
JPX
Ticker
5981.T
According to Tokyo Rope Mfg. Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.14. This represents a change of -7.41% compared to the average of 1.23 of the last 4 quarters.
The mean historical Current Ratio of Tokyo Rope Mfg. Co., Ltd. over the last ten years is 1.16. The current 1.14 Current Ratio has changed 9.71% with respect to the historical average. Over the past ten years (40 quarters), 5981.T's Current Ratio was at its highest in in the September 2024 quarter at 1.50. The Current Ratio was at its lowest in in the September 2015 quarter at 0.70.
Average
1.16
Median
1.17
Minimum
1.00
Maximum
1.41
Discovering the peaks and valleys of Tokyo Rope Mfg. 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 = 37.37%
Maximum Annual Current Ratio = 1.41
Minimum Annual Increase = -14.54%
Minimum Annual Current Ratio = 1.00
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.17 | -7.80% |
| 2024 | 1.26 | 6.27% |
| 2023 | 1.19 | -14.54% |
| 2022 | 1.39 | -1.28% |
| 2021 | 1.41 | 37.37% |
| 2020 | 1.03 | 2.59% |
| 2019 | 1.00 | -1.44% |
| 2018 | 1.01 | -13.71% |
| 2017 | 1.18 | 16.12% |
| 2016 | 1.01 | -10.33% |
The current Current Ratio of Tokyo Rope Mfg. Co., Ltd. (5981.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
1.21
5-year avg
1.28
10-year avg
1.16
Tokyo Rope Mfg. Co., Ltd.’s Current Ratio is less than DMW Corporation (3.83), less than Kimura Chemical Plants Co., Ltd. (2.04), less than Nakakita Seisakusho Co., Ltd. (2.44), less than Techno Smart Corp. (2.46), less than Yushin Precision Equipment Co., Ltd. (5.72), less than Nice Corporation (1.38), less than Toyo Denki Seizo K.K. (1.74), less than Pegasus Sewing Machine Mfg. Co., Ltd. (4.16), less than HIRANO TECSEED Co.,Ltd. (2.12), less than Alpha Purchase Co., Ltd. (1.38),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.83 | $21.21B | |
| 2.04 | $22.96B | |
| 2.44 | $20.28B | |
| 2.46 | $22.58B | |
| 5.72 | $24.33B | |
| 1.38 | $21.61B | |
| 1.74 | $17.53B | |
| 4.16 | $19.33B | |
| 2.12 | $23.37B | |
| 1.38 | $20.95B |
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