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Minmetals Development Co has a Cash Ratio of 0.17. 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 Minmetals Development Co's Cash Ratio or its related term are showing as below:
SHSE:600058'
s Cash Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.14 Max: 0.23
Current: 0.17
During the past 13 years, Minmetals Development Co's highest Cash Ratio was 0.23. The lowest was 0.09. And the median was 0.14.
SHSE:600058's Cash Ratio is ranked worse than 60.79% of 607
companies
in the Steel industry
Industry Median: 0.25
vs SHSE:600058: 0.17
Minmetals Development Co (SHSE:600058) 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.
Minmetals Development Co Cash Ratio Related Terms
Minmetals Development Co Cash Ratio Historical Data
* 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.
SHSE:600058 vs NUE, STLD, RS: Cash Ratio Comparison
For the Steel subindustry, Minmetals Development Co'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.
Minmetals Development Co Cash Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Minmetals Development Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Minmetals Development Co'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.
Minmetals Development Co (SHSE:600058) has a Cash Ratio of 0.17 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Minmetals Development Co and its competitors. This is 21% above median its historical median of 0.14. Over the past decade, Minmetals Development Co's Cash Ratio has ranged from 0.09 to 0.23. According to the industry distribution chart, Minmetals Development Co ranks #369 out of 607 companies in the Steel industry, placing it in the top 60.8%.
Is Minmetals Development Co's Cash Ratio too high?
Minmetals Development Co's current Cash Ratio of 0.17 is 21% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.23. The Steel industry median Cash Ratio is 0.25. Minmetals Development Co's value of 0.17 is 32% below this industry median. Based on the distribution chart, Minmetals Development Co ranks #369 out of 607 companies in the Steel industry, which is below the industry midpoint. Overall, Minmetals Development Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minmetals Development Co's Cash Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Minmetals Development Co ranks #369 out of 607 companies for Cash Ratio. This places Minmetals Development Co in the lower half of its industry. The industry median Cash Ratio is 0.25. Minmetals Development Co's value of 0.17 is 32% below this benchmark. Historically, Minmetals Development Co's own Cash Ratio has ranged from 0.09 to 0.23 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.25, Minmetals Development Co 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 0.25, based on 607 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. Minmetals Development Co's current Cash Ratio of 0.17 is 32% 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 Minmetals Development Co 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. Minmetals Development Co's current Cash Ratio is 0.17, which is 21% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minmetals Development Co stock overvalued right now?
Based on GuruFocus' analysis, Minmetals Development Co (SHSE:600058) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.54, compared to a current price of ¥9.89 — trading 51.2% above its estimated fair value. The current Cash Ratio is 0.17, which is 21% above median its 10-year median of 0.14 and 32% below the Steel industry median of 0.25. Minmetals Development Co's overall GF Score™ is 58/100 with 2 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 Minmetals Development Co (SHSE:600058), the current Cash Ratio is 0.17 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 Minmetals Development Co (SHSE:600058) Overvalued in 2026?
Based on GuruFocus' analysis, Minmetals Development Co stock appears to be overvalued.
The current stock price of ¥9.89 is trading 51.2% above its estimated GF Value™ of ¥6.54.
GuruFocus considers Minmetals Development Co to be Significantly Overvalued.
Key valuation signals for SHSE:600058:
Cash Ratio: 0.17 (21% above median its 10-year median of 0.14)
GF Value™: ¥6.54 vs. price of ¥9.89 (51.2% above fair value)
Industry Position: 32% below the Steel median (#369 of 607)
No single metric tells the full story. See the SHSE:600058 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minmetals Development Co Ltd is a steel distribution service provider. The activities of the company include the supply of metallurgical raw materials which includes iron ore, coal, coke, and pig iron, steel trading, processing and distribution, and logistics services.
58GF Score
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