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APL Apollo Tubes has a Cash Ratio of 0.64. 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 APL Apollo Tubes's Cash Ratio or its related term are showing as below:
NSE:APLAPOLLO'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.28 Max: 0.6
Current: 0.6
During the past 13 years, APL Apollo Tubes's highest Cash Ratio was 0.60. The lowest was 0.01. And the median was 0.28.
NSE:APLAPOLLO's Cash Ratio is ranked better than 69.68% of 597
companies
in the Steel industry
Industry Median: 0.25
vs NSE:APLAPOLLO: 0.60
APL Apollo Tubes (NSE:APLAPOLLO) 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.
APL Apollo Tubes Cash Ratio Related Terms
APL Apollo Tubes Cash Ratio Historical Data
* Premium members only.
The historical data trend for APL Apollo Tubes'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.
NSE:APLAPOLLO vs NUE, STLD, RS: Cash Ratio Comparison
For the Steel subindustry, APL Apollo Tubes'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.
APL Apollo Tubes Cash Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, APL Apollo Tubes's Cash Ratio distribution charts can be found below:
* The bar in red indicates where APL Apollo Tubes'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.
APL Apollo Tubes (NSE:APLAPOLLO) has a Cash Ratio of 0.64 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on APL Apollo Tubes and its competitors. This is 129% above median its historical median of 0.28. Over the past decade, APL Apollo Tubes' Cash Ratio has ranged from 0.01 to 0.60. According to the industry distribution chart, APL Apollo Tubes ranks #181 out of 597 companies in the Steel industry, placing it in the top 30.3%.
Is APL Apollo Tubes' Cash Ratio too high?
APL Apollo Tubes' current Cash Ratio of 0.64 is 129% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.60. The Steel industry median Cash Ratio is 0.25. APL Apollo Tubes' value of 0.64 is 156% above this industry median. Based on the distribution chart, APL Apollo Tubes ranks #181 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, APL Apollo Tubes has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does APL Apollo Tubes' Cash Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, APL Apollo Tubes ranks #181 out of 597 companies for Cash Ratio. This puts APL Apollo Tubes in the upper half of its industry. The industry median Cash Ratio is 0.25. APL Apollo Tubes' value of 0.64 is 156% above this benchmark. Historically, APL Apollo Tubes' own Cash Ratio has ranged from 0.01 to 0.60 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.25, APL Apollo Tubes has consistently been above 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 0.25, based on 597 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. APL Apollo Tubes's current Cash Ratio of 0.64 is 156% above 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 APL Apollo Tubes and its competitors. For the Steel industry, the median Cash Ratio is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APL Apollo Tubes's current Cash Ratio is 0.64, which is 129% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APL Apollo Tubes stock overvalued right now?
Based on GuruFocus' analysis, APL Apollo Tubes (NSE:APLAPOLLO) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,031.09, compared to a current price of ₹2,181.10 — trading 7.4% above its estimated fair value. The current Cash Ratio is 0.64, which is 129% above median its 10-year median of 0.28 and 156% above the Steel industry median of 0.25. APL Apollo Tubes' overall GF Score™ is 93/100 with 3 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 APL Apollo Tubes (NSE:APLAPOLLO), the current Cash Ratio is 0.64 as of Jun. 2026. 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 APL Apollo Tubes (NSE:APLAPOLLO) Overvalued in 2026?
Based on GuruFocus' analysis, APL Apollo Tubes stock appears to be overvalued.
The current stock price of ₹2,181.10 is trading 7.4% above its estimated GF Value™ of ₹2,031.09.
GuruFocus considers APL Apollo Tubes to be Fairly Valued.
Key valuation signals for NSE:APLAPOLLO:
Cash Ratio: 0.64 (129% above median its 10-year median of 0.28)
GF Value™: ₹2,031.09 vs. price of ₹2,181.10 (7.4% above fair value)
Industry Position: 156% above the Steel median (#181 of 597)
No single metric tells the full story. See the NSE:APLAPOLLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APL Apollo Tubes Ltd is a manufacturer of steel pipes and tubes. Its multi-product offerings include Pre- Galvanized Tubes, Structural Steel Tubes, Galvanized Tubes, MS Black Pipes and Hollow Sections. It operates in a single segment, which is the business of production of ERW steel tubes. Geographically, it operates only in India.
93GF Score
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