Steel Partners Holdings LP has a Cash Ratio of 0.22. 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 Steel Partners Holdings LP's Cash Ratio or its related term are showing as below:
SPLP'
s Cash Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.27 Max: 1.51
Current: 0.22
During the past 13 years, Steel Partners Holdings LP's highest Cash Ratio was 1.51. The lowest was 0.11. And the median was 0.27.
SPLP's Cash Ratio is not ranked
in the Conglomerates industry.
Industry Median: 0.41
vs SPLP: 0.22
Steel Partners Holdings LP (OTCPK:SPLP) 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.
Steel Partners Holdings LP Cash Ratio Related Terms
Steel Partners Holdings LP 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.
For the Conglomerates subindustry, Steel Partners Holdings LP'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.
Steel Partners Holdings LP Cash Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Steel Partners Holdings LP'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.
Steel Partners Holdings LP (SPLP) has a Cash Ratio of 0.22 as of Sep. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Steel Partners Holdings LP and its competitors. This is 19% below median its historical median of 0.27. Over the past decade, Steel Partners Holdings LP's Cash Ratio has ranged from 0.11 to 1.51.
Is Steel Partners Holdings LP's Cash Ratio too high?
Steel Partners Holdings LP's current Cash Ratio of 0.22 is 19% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.51. The Conglomerates industry median Cash Ratio is 0.41. Steel Partners Holdings LP's value of 0.22 is 46.3% below this industry median. Overall, Steel Partners Holdings LP has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Steel Partners Holdings LP's Cash Ratio compare to MATW and DLX?
Steel Partners Holdings LP's Cash Ratio of 0.22 can be compared against companies in the Conglomerates industry. The industry median Cash Ratio is 0.41. Steel Partners Holdings LP's value of 0.22 is 46.3% below this benchmark. Historically, Steel Partners Holdings LP's own Cash Ratio has ranged from 0.11 to 1.51 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.41, Steel Partners Holdings LP 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 Conglomerates company?
The median Cash Ratio among Conglomerates companies is 0.41, based on 546 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. Steel Partners Holdings LP's current Cash Ratio of 0.22 is 46.3% 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 Steel Partners Holdings LP and its competitors. For the Conglomerates industry, the median Cash Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Partners Holdings LP's current Cash Ratio is 0.22, which is 19% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Partners Holdings LP stock overvalued right now?
Steel Partners Holdings LP (SPLP) has a current Cash Ratio of 0.22. The stock's GF Value™ is $51.26, compared to a current price of $50.00 — trading 2.5% below its estimated fair value. The current Cash Ratio is 0.22, which is 19% below median its 10-year median of 0.27 and 46.3% below the Conglomerates industry median of 0.41. Steel Partners Holdings LP's overall GF Score™ is 66/100 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 Steel Partners Holdings LP (SPLP), the current Cash Ratio is 0.22 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.
Is Steel Partners Holdings LP (SPLP) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Partners Holdings LP stock appears to be undervalued.
The current stock price of $50.00 is trading 2.5% below its estimated GF Value™ of $51.26.
Key valuation signals for SPLP:
Cash Ratio: 0.22 (19% below median its 10-year median of 0.27)
GF Value™: $51.26 vs. price of $50.00 (2.5% below fair value)
Industry Position: 46.3% below the Conglomerates median
No single metric tells the full story. See the SPLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. Its segments include the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, joining materials, tubing, building materials, performance materials etc; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in full range of banking activities; The Supply Chain segment consists of end-to-end world-wide supply; and Corporate and Other consists of equity method and other investments, and cash and cash equivalents.
66GF Score
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