8923.T
Price:
$1619
Market Cap:
$156.99B
Tosei Corporation operates in the revitalization, development, rental, fund and consulting, and property management businesses in Japan. The company acquires properties whose asset value has declined and improves value-up activities; develops office buildings, commercial facilities, condominiums, detached houses, and hotels; and leases buildings, apartments, commercial facilities, car parks, and other properties. It is also involved in the provision of asset management services for real estate funds, as well as consultancy and intermediary services for corporates; acquisition and disposition of properties; and investment management, investment advisory and agency, and financial instrument bu...[Read more]
Industry
Real Estate - Diversified
IPO Date
2006-11-22
Stock Exchange
JPX
Ticker
8923.T
According to Tosei Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 6.70. This represents a change of 9.14% compared to the average of 6.14 of the last 4 quarters.
The mean historical Current Ratio of Tosei Corporation over the last ten years is 5.93. The current 6.70 Current Ratio has changed 11.20% with respect to the historical average. Over the past ten years (40 quarters), 8923.T's Current Ratio was at its highest in in the August 2017 quarter at 8.70. The Current Ratio was at its lowest in in the November 2019 quarter at 4.36.
Average
5.93
Median
6.15
Minimum
4.36
Maximum
7.17
Discovering the peaks and valleys of Tosei Corporation 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 = 28.88%
Maximum Annual Current Ratio = 7.17
Minimum Annual Increase = -31.66%
Minimum Annual Current Ratio = 4.36
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.49 | -17.84% |
| 2023 | 6.69 | 9.39% |
| 2022 | 6.11 | -1.37% |
| 2021 | 6.20 | 10.18% |
| 2020 | 5.62 | 28.88% |
| 2019 | 4.36 | -31.66% |
| 2018 | 6.39 | -10.94% |
| 2017 | 7.17 | 13.45% |
| 2016 | 6.32 | 28.64% |
| 2015 | 4.91 | -20.98% |
The current Current Ratio of Tosei Corporation (8923.T) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
6.10
5-year avg
6.02
10-year avg
5.93
Tosei Corporation’s Current Ratio is greater than Heiwa Real Estate Co., Ltd. (1.45), greater than Ichigo Inc. (0), greater than Star Asia Investment Corporation (0.65), greater than Fukuoka REIT Corporation (2.16), greater than Token Corporation (2.35), greater than NIPPON REIT Investment Corporation (0.67), greater than Ichigo Office REIT Investment Corporation (1.53), greater than Starts Corporation Inc. (1.69), less than Sun Frontier Fudousan Co., Ltd. (7.36), greater than Hoshino Resorts REIT, Inc. (0.97),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.45 | $146.32B | |
| 0 | $164.49B | |
| 0.65 | $163.37B | |
| 2.16 | $161.23B | |
| 2.35 | $188.08B | |
| 0.67 | $174.01B | |
| 1.53 | $151.45B | |
| 1.69 | $224.96B | |
| 7.36 | $112.26B | |
| 0.97 | $145.35B |
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