Metalurgica Gerdau (BSP:GOAU3) Current Ratio: 2.76 (As of Mar. 2026) — 14% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:GOAU3 Metalurgica Gerdau SA BSP:GOAU3
60 GF Score
Price R$9.40
GF Value R$6.98
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Metalurgica Gerdau Current Ratio?

Metalurgica Gerdau BSP:GOAU3 -0.42% 60 Current Ratio is 2.76 as of Mar. 2026, which is 14% above its 10-year median of 2.43. GuruFocus rates BSP:GOAU3 with a GF Score™ of 60/100 and a GF Value™ of R$6.98 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 634 Steel companies, Metalurgica Gerdau ranks better than 72.24% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Metalurgica Gerdau's current ratio for the quarter that ended in Mar. 2026 was 2.76.

Metalurgica Gerdau has a current ratio of 2.76. It generally indicates good short-term financial strength.

The historical rank and industry rank for Metalurgica Gerdau's Current Ratio or its related term are showing as below:

BSP:GOAU3' s Current Ratio Range Over the Past 10 Years
Min: 1.85   Med: 2.43   Max: 3.02
Current: 2.76

During the past 13 years, Metalurgica Gerdau's highest Current Ratio was 3.02. The lowest was 1.85. And the median was 2.43.

BSP:GOAU3's Current Ratio is ranked better than
72.24% of 634 companies
in the Steel industry
Industry Median: 1.63 vs BSP:GOAU3: 2.76

Metalurgica Gerdau  (BSP:GOAU3) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Metalurgica Gerdau Current Ratio Related Terms


Metalurgica Gerdau Current Ratio Historical Data

* Premium members only.

The historical data trend for Metalurgica Gerdau's Current 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.

Metalurgica Gerdau Current Ratio Chart

Metalurgica Gerdau Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 2.39 2.61 3.01 2.90

Metalurgica Gerdau Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.64 2.89 2.71 2.90 2.76

BSP:GOAU3 vs NUE, STLD, RS: Current Ratio Comparison

For the Steel subindustry, Metalurgica Gerdau's Current Ratio, along with its competitors' market caps and Current 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.


Metalurgica Gerdau Current Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Metalurgica Gerdau's Current Ratio distribution charts can be found below:

* The bar in red indicates where Metalurgica Gerdau's Current Ratio falls into.


BSP:GOAU3
60GF Score
Metalurgica Gerdau SA BSP:GOAU3
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metalurgica Gerdau Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Metalurgica Gerdau's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=28674.799/9897.3
=2.90

Metalurgica Gerdau's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=28638.884/10363.418
=2.76

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.76 mean?
Metalurgica Gerdau (BSP:GOAU3) has a Current Ratio of 2.76 as of Mar. 2026. This is 14% above median its historical median of 2.43. Over the past decade, Metalurgica Gerdau's Current Ratio has ranged from 1.85 to 3.02. According to the industry distribution chart, Metalurgica Gerdau ranks #176 out of 634 companies in the Steel industry, placing it in the top 27.8%.
Is Metalurgica Gerdau's Current Ratio too high?
Metalurgica Gerdau's current Current Ratio of 2.76 is 14% above median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 3.02. The Steel industry median Current Ratio is 1.63. Metalurgica Gerdau's value of 2.76 is 69.3% above this industry median. Based on the distribution chart, Metalurgica Gerdau ranks #176 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Metalurgica Gerdau has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metalurgica Gerdau's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Metalurgica Gerdau ranks #176 out of 634 companies for Current Ratio. This puts Metalurgica Gerdau in the upper half of its industry. The industry median Current Ratio is 1.63. Metalurgica Gerdau's value of 2.76 is 69.3% above this benchmark. Historically, Metalurgica Gerdau's own Current Ratio has ranged from 1.85 to 3.02 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 1.63, Metalurgica Gerdau 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 Current Ratio for a Steel company?
The median Current Ratio among Steel companies is 1.63, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Metalurgica Gerdau's current Current Ratio of 2.76 is 69.3% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalurgica Gerdau's current Current Ratio is 2.76, which is 14% above median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalurgica Gerdau stock overvalued right now?
Based on GuruFocus' analysis, Metalurgica Gerdau (BSP:GOAU3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$6.98, compared to a current price of R$9.40 — trading 34.7% above its estimated fair value. The current Current Ratio is 2.76, which is 14% above median its 10-year median of 2.43 and 69.3% above the Steel industry median of 1.63. Metalurgica Gerdau's overall GF Score™ is 60/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Metalurgica Gerdau (BSP:GOAU3), the current Current Ratio is 2.76 as of Mar. 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 Metalurgica Gerdau (BSP:GOAU3) Overvalued in 2026?

Based on GuruFocus' analysis, Metalurgica Gerdau stock appears to be overvalued. The current stock price of R$9.40 is trading 34.7% above its estimated GF Value™ of R$6.98. GuruFocus considers Metalurgica Gerdau to be Significantly Overvalued.

Key valuation signals for BSP:GOAU3:

  • Current Ratio: 2.76 (14% above median its 10-year median of 2.43)
  • GF Value™: R$6.98 vs. price of R$9.40 (34.7% above fair value)
  • GF Score™: 60/100 with 10 warning signs
  • Industry Position: 69.3% above the Steel median (#176 of 634)

No single metric tells the full story. See the BSP:GOAU3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metalurgica Gerdau Business Description

Other Exchanges GOAU4:Brazil
Address Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005
Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.
60GF Score

Get the complete analysis for BSP:GOAU3

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$9.40
Price
R$6.98
GF Value