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Vulcan SteelASX:VSL +2.61%52 Cash Ratio is 0.12 as of Dec. 2025, which is 9% above its 10-year median of 0.11. GuruFocus rates ASX:VSL with a GF Score™ of 52/100 and a GF Value™ of A$6.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 615 Steel companies, Vulcan Steel ranks worse than 71.87% on this metric.
Vulcan Steel has a Cash Ratio of 0.12. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Vulcan Steel's Cash Ratio or its related term are showing as below:
ASX:VSL'
s Cash Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 0.14
Current: 0.12
During the past 4 years, Vulcan Steel's highest Cash Ratio was 0.14. The lowest was 0.02. And the median was 0.11.
ASX:VSL's Cash Ratio is ranked worse than 71.87% of 615
companies
in the Steel industry
Industry Median: 0.28
vs ASX:VSL: 0.12
Vulcan Steel (ASX:VSL) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Vulcan Steel Cash Ratio Related Terms
Vulcan Steel Cash Ratio Historical Data
* Premium members only.
The historical data trend for Vulcan Steel's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Steel subindustry, Vulcan Steel's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Vulcan Steel Cash Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Vulcan Steel's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Vulcan Steel's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vulcan Steel (ASX:VSL) has a Cash Ratio of 0.12 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Vulcan Steel and its competitors. This is near median its historical median of 0.11. Over the past decade, Vulcan Steel's Cash Ratio has ranged from 0.02 to 0.14. According to the industry distribution chart, Vulcan Steel ranks #442 out of 615 companies in the Steel industry, placing it in the top 71.9%.
Is Vulcan Steel's Cash Ratio too high?
Vulcan Steel's current Cash Ratio of 0.12 is near median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.14. The Steel industry median Cash Ratio is 0.28. Vulcan Steel's value of 0.12 is 57.1% below this industry median. Based on the distribution chart, Vulcan Steel ranks #442 out of 615 companies in the Steel industry, which is below the industry midpoint. Overall, Vulcan Steel has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Steel's Cash Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Vulcan Steel ranks #442 out of 615 companies for Cash Ratio. This places Vulcan Steel in the lower half of its industry. The industry median Cash Ratio is 0.28. Vulcan Steel's value of 0.12 is 57.1% below this benchmark. Historically, Vulcan Steel's own Cash Ratio has ranged from 0.02 to 0.14 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.28, Vulcan Steel has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Steel company?
The median Cash Ratio among Steel companies is 0.28, based on 615 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vulcan Steel's current Cash Ratio of 0.12 is 57.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Vulcan Steel and its competitors. For the Steel industry, the median Cash Ratio is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Steel's current Cash Ratio is 0.12, which is near median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Steel stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Steel (ASX:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.27, compared to a current price of A$5.12 — trading 18.3% below its estimated fair value. The current Cash Ratio is 0.12, which is near median its 10-year median of 0.11 and 57.1% below the Steel industry median of 0.28. Vulcan Steel's overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Vulcan Steel (ASX:VSL), the current Cash Ratio is 0.12 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vulcan Steel (ASX:VSL) Overvalued in 2026?
Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued.
The current stock price of A$5.12 is trading 18.3% below its estimated GF Value™ of A$6.27.
GuruFocus considers Vulcan Steel to be Modestly Undervalued.
Key valuation signals for ASX:VSL:
Cash Ratio: 0.12 (near median its 10-year median of 0.11)
GF Value™: A$6.27 vs. price of A$5.12 (18.3% below fair value)
Industry Position: 57.1% below the Steel median (#442 of 615)
No single metric tells the full story. See the ASX:VSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, the Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New Zealand, which includes Stainless Steel, Engineering Steel, and Aluminium.
52GF Score
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