Millcon Steel PCLBKK:MILL-R Cash Ratio is 0.00 as of Sep. 2025. The stock has 8 warning signs investors should review. Among 616 Steel companies, Millcon Steel PCL ranks worse than 162337.5% on this metric.
Millcon Steel PCL has a Cash Ratio of 0.00. 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 Millcon Steel PCL's Cash Ratio or its related term are showing as below:
During the past 13 years, Millcon Steel PCL's highest Cash Ratio was 0.07. The lowest was 0.02. And the median was 0.04.
BKK:MILL-R's Cash Ratio is not ranked *
in the Steel industry.
Industry Median: 0.28 * Ranked among companies with meaningful Cash Ratio only.
Millcon Steel PCL (BKK:MILL-R) 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.
Millcon Steel PCL Cash Ratio Related Terms
Millcon Steel PCL Cash Ratio Historical Data
* Premium members only.
The historical data trend for Millcon Steel PCL'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.
BKK:MILL-R vs NUE, STLD, RS: Cash Ratio Comparison
For the Steel subindustry, Millcon Steel PCL'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.
Millcon Steel PCL Cash Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Millcon Steel PCL's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Millcon Steel PCL'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.
Millcon Steel PCL (BKK:MILL-R) has a Cash Ratio of 0.00 as of Sep. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Millcon Steel PCL and its competitors. Over the past decade, Millcon Steel PCL's Cash Ratio has ranged from 0.02 to 0.07. According to the industry distribution chart, Millcon Steel PCL ranks #999999 out of 616 companies in the Steel industry.
Is Millcon Steel PCL's Cash Ratio too high?
Millcon Steel PCL's current Cash Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.07. Based on the distribution chart, Millcon Steel PCL ranks #999999 out of 616 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Millcon Steel PCL's Cash Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Millcon Steel PCL ranks #999999 out of 616 companies for Cash Ratio. This places Millcon Steel PCL in the lower half of its industry. The industry median Cash Ratio is 0.28. Historically, Millcon Steel PCL's own Cash Ratio has ranged from 0.02 to 0.07 over the past decade. 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 616 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. 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 Millcon Steel PCL 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. Millcon Steel PCL's current Cash Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current Cash Ratio of 0.00. The current Cash Ratio is 0.00. 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 Millcon Steel PCL (BKK:MILL-R), the current Cash Ratio is 0.00 as of Sep. 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.
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.
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