Watani Iron Steel Co (SAU:9513) Current Ratio: 0.83 (As of Mar. 2026) — 26% Above Median

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SAU:9513 Watani Iron Steel Co SAU:9513
62 GF Score
Price ﷼1.99
GF Value ﷼1.93
Valuation Fairly Valued
! 8 Warning Signs
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What is Watani Iron Steel Co Current Ratio?

Watani Iron Steel Co SAU:9513 -4.33% 62 Current Ratio is 0.83 as of Mar. 2026, which is 26% above its 10-year median of 0.66. GuruFocus rates SAU:9513 with a GF Score™ of 62/100 and a GF Value™ of ﷼1.93 (Fairly Valued). The stock has 8 warning signs investors should review. Among 634 Steel companies, Watani Iron Steel Co ranks worse than 85.96% 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. Watani Iron Steel Co's current ratio for the quarter that ended in Mar. 2026 was 0.83.

Watani Iron Steel Co has a current ratio of 0.83. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Watani Iron Steel Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Watani Iron Steel Co's Current Ratio or its related term are showing as below:

SAU:9513' s Current Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.66   Max: 0.85
Current: 0.83

During the past 6 years, Watani Iron Steel Co's highest Current Ratio was 0.85. The lowest was 0.32. And the median was 0.66.

SAU:9513's Current Ratio is ranked worse than
85.96% of 634 companies
in the Steel industry
Industry Median: 1.63 vs SAU:9513: 0.83

Watani Iron Steel Co  (SAU:9513) 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.


Watani Iron Steel Co Current Ratio Related Terms


Watani Iron Steel Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Watani Iron Steel Co'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.

Watani Iron Steel Co Current Ratio Chart

Watani Iron Steel Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 0.35 0.64 0.59 0.74 0.77

Watani Iron Steel Co Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.77 0.85 0.83 0.77 0.83

SAU:9513 vs NUE, STLD, RS: Current Ratio Comparison

For the Steel subindustry, Watani Iron Steel Co'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.


Watani Iron Steel Co Current Ratio vs Steel Industry

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

* The bar in red indicates where Watani Iron Steel Co's Current Ratio falls into.


SAU:9513
62GF Score
Watani Iron Steel Co SAU:9513
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Watani Iron Steel Co 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.

Watani Iron Steel Co'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 )
=99.06/128.52
=0.77

Watani Iron Steel Co'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 )
=111.916/135.287
=0.83

* 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 0.83 mean?
Watani Iron Steel Co (SAU:9513) has a Current Ratio of 0.83 as of Mar. 2026. This is 26% above median its historical median of 0.66. Over the past decade, Watani Iron Steel Co's Current Ratio has ranged from 0.32 to 0.85. According to the industry distribution chart, Watani Iron Steel Co ranks #545 out of 634 companies in the Steel industry, placing it in the top 86%.
Is Watani Iron Steel Co's Current Ratio too high?
Watani Iron Steel Co's current Current Ratio of 0.83 is 26% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.85. The Steel industry median Current Ratio is 1.63. Watani Iron Steel Co's value of 0.83 is 49.1% below this industry median. Based on the distribution chart, Watani Iron Steel Co ranks #545 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Watani Iron Steel Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Watani Iron Steel Co's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Watani Iron Steel Co ranks #545 out of 634 companies for Current Ratio. This places Watani Iron Steel Co in the lower half of its industry. The industry median Current Ratio is 1.63. Watani Iron Steel Co's value of 0.83 is 49.1% below this benchmark. Historically, Watani Iron Steel Co's own Current Ratio has ranged from 0.32 to 0.85 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.63, Watani Iron Steel 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 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. Watani Iron Steel Co's current Current Ratio of 0.83 is 49.1% 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 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. Watani Iron Steel Co's current Current Ratio is 0.83, which is 26% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watani Iron Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Watani Iron Steel Co (SAU:9513) is currently considered Fairly Valued. The stock's GF Value™ is ﷼1.93, compared to a current price of ﷼1.99 — trading 3.1% above its estimated fair value. The current Current Ratio is 0.83, which is 26% above median its 10-year median of 0.66 and 49.1% below the Steel industry median of 1.63. Watani Iron Steel Co's overall GF Score™ is 62/100 with 8 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 Watani Iron Steel Co (SAU:9513), the current Current Ratio is 0.83 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 Watani Iron Steel Co (SAU:9513) Overvalued in 2026?

Based on GuruFocus' analysis, Watani Iron Steel Co stock appears to be overvalued. The current stock price of ﷼1.99 is trading 3.1% above its estimated GF Value™ of ﷼1.93. GuruFocus considers Watani Iron Steel Co to be Fairly Valued.

Key valuation signals for SAU:9513:

  • Current Ratio: 0.83 (26% above median its 10-year median of 0.66)
  • GF Value™: ﷼1.93 vs. price of ﷼1.99 (3.1% above fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 49.1% below the Steel median (#545 of 634)

No single metric tells the full story. See the SAU:9513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Watani Iron Steel Co Business Description

Address Al Kharj Old Street, P.O. Box 355355, Al Hyt District, Riyadh, SAU, 11383
Watani Iron Steel Co is engaged in the manufacture of primary iron products in the form of blocks of substrates and waste after being melted, as well as the manufacture of sheet plates, strip coils, bar bars, wire corners, and clips of all shapes.
62GF Score

Get the complete analysis for SAU:9513

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

﷼1.99
Price
﷼1.93
GF Value