Crescent Steel & Allied Products has a current ratio of 2.89. It generally indicates good short-term financial strength.
The historical rank and industry rank for Crescent Steel & Allied Products's Current Ratio or its related term are showing as below:
KAR:CSAP'
s Current Ratio Range Over the Past 10 Years
Min: 1.09 Med: 1.48 Max: 3.43
Current: 2.89
During the past 13 years, Crescent Steel & Allied Products's highest Current Ratio was 3.43. The lowest was 1.09. And the median was 1.48.
KAR:CSAP's Current Ratio is ranked better than 72.93% of 639
companies
in the Steel industry
Industry Median: 1.63
vs KAR:CSAP: 2.89
Crescent Steel & Allied Products (KAR:CSAP) 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.
Crescent Steel & Allied Products Current Ratio Related Terms
Crescent Steel & Allied Products Current 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.
Crescent Steel & Allied Products Current Ratio Chart
KAR:CSAP vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Crescent Steel & Allied Products'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.
Crescent Steel & Allied Products Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Crescent Steel & Allied Products's Current Ratio distribution charts can be found below:
* The bar in red indicates where Crescent Steel & Allied Products's Current 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.
Crescent Steel & Allied Products (KAR:CSAP) has a Current Ratio of 2.89 as of Mar. 2026. This is 95% above median its historical median of 1.48. Over the past decade, Crescent Steel & Allied Products' Current Ratio has ranged from 1.09 to 3.43. According to the industry distribution chart, Crescent Steel & Allied Products ranks #173 out of 639 companies in the Steel industry, placing it in the top 27.1%.
Is Crescent Steel & Allied Products' Current Ratio too high?
Crescent Steel & Allied Products' current Current Ratio of 2.89 is 95% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 3.43. The Steel industry median Current Ratio is 1.63. Crescent Steel & Allied Products' value of 2.89 is 77.3% above this industry median. Based on the distribution chart, Crescent Steel & Allied Products ranks #173 out of 639 companies in the Steel industry, which is above the industry midpoint. Overall, Crescent Steel & Allied Products has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Crescent Steel & Allied Products' Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Crescent Steel & Allied Products ranks #173 out of 639 companies for Current Ratio. This puts Crescent Steel & Allied Products in the upper half of its industry. The industry median Current Ratio is 1.63. Crescent Steel & Allied Products' value of 2.89 is 77.3% above this benchmark. Historically, Crescent Steel & Allied Products' own Current Ratio has ranged from 1.09 to 3.43 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.63, Crescent Steel & Allied Products 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 639 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. Crescent Steel & Allied Products's current Current Ratio of 2.89 is 77.3% 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. Crescent Steel & Allied Products's current Current Ratio is 2.89, which is 95% above median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crescent Steel & Allied Products stock overvalued right now?
Based on GuruFocus' analysis, Crescent Steel & Allied Products (KAR:CSAP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨70.95, compared to a current price of ₨116.63 — trading 64.4% above its estimated fair value. The current Current Ratio is 2.89, which is 95% above median its 10-year median of 1.48 and 77.3% above the Steel industry median of 1.63. Crescent Steel & Allied Products' overall GF Score™ is 57/100 with 6 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 Crescent Steel & Allied Products (KAR:CSAP), the current Current Ratio is 2.89 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 Crescent Steel & Allied Products (KAR:CSAP) Overvalued in 2026?
Based on GuruFocus' analysis, Crescent Steel & Allied Products stock appears to be overvalued.
The current stock price of ₨116.63 is trading 64.4% above its estimated GF Value™ of ₨70.95.
GuruFocus considers Crescent Steel & Allied Products to be Significantly Overvalued.
Key valuation signals for KAR:CSAP:
Current Ratio: 2.89 (95% above median its 10-year median of 1.48)
GF Value™: ₨70.95 vs. price of ₨116.63 (64.4% above fair value)
Industry Position: 77.3% above the Steel median (#173 of 639)
No single metric tells the full story. See the KAR:CSAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Crescent Steel & Allied Products Business Description
Crescent Steel & Allied Products Ltd has diversified businesses. The company's operating segment includes Steel; Cotton; and CS Energy Segment. The steel segment comprises of manufacturing and coating of steel pipes which generates maximum revenue for the company. Geographically, it derives a majority of revenue from Pakistan.
57GF Score
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