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. Steel Partners Holdings LP's current ratio for the quarter that ended in Sep. 2025 was 1.34.
Steel Partners Holdings LP has a current ratio of 1.34. It generally indicates good short-term financial strength.
The historical rank and industry rank for Steel Partners Holdings LP's Current Ratio or its related term are showing as below:
SPLP'
s Current Ratio Range Over the Past 10 Years
Min: 1.05 Med: 1.44 Max: 3.24
Current: 1.34
During the past 13 years, Steel Partners Holdings LP's highest Current Ratio was 3.24. The lowest was 1.05. And the median was 1.44.
SPLP's Current Ratio is not ranked
in the Conglomerates industry.
Industry Median: 1.6
vs SPLP: 1.34
Steel Partners Holdings LP (OTCPK:SPLP) 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.
Steel Partners Holdings LP Current Ratio Related Terms
Steel Partners Holdings LP 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.
For the Conglomerates subindustry, Steel Partners Holdings LP'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.
Steel Partners Holdings LP Current Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's Current Ratio distribution charts can be found below:
* The bar in red indicates where Steel Partners Holdings LP'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.
Steel Partners Holdings LP (SPLP) has a Current Ratio of 1.34 as of Sep. 2025. This is near median its historical median of 1.44. Over the past decade, Steel Partners Holdings LP's Current Ratio has ranged from 1.05 to 3.24.
Is Steel Partners Holdings LP's Current Ratio too high?
Steel Partners Holdings LP's current Current Ratio of 1.34 is near median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 3.24. The Conglomerates industry median Current Ratio is 1.60. Steel Partners Holdings LP's value of 1.34 is 16.3% 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 Current Ratio compare to MATW and DLX?
Steel Partners Holdings LP's Current Ratio of 1.34 can be compared against companies in the Conglomerates industry. The industry median Current Ratio is 1.60. Steel Partners Holdings LP's value of 1.34 is 16.3% below this benchmark. Historically, Steel Partners Holdings LP's own Current Ratio has ranged from 1.05 to 3.24 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.60, 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 Current Ratio for a Conglomerates company?
The median Current Ratio among Conglomerates companies is 1.60, based on 561 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. Steel Partners Holdings LP's current Current Ratio of 1.34 is 16.3% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Conglomerates industry, the median Current Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Partners Holdings LP's current Current Ratio is 1.34, which is near median its own 10-year median of 1.44. 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 Current Ratio of 1.34. 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 Current Ratio is 1.34, which is near median its 10-year median of 1.44 and 16.3% below the Conglomerates industry median of 1.60. Steel Partners Holdings LP's overall GF Score™ is 66/100 with 4 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 Steel Partners Holdings LP (SPLP), the current Current Ratio is 1.34 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:
Current Ratio: 1.34 (near median its 10-year median of 1.44)
GF Value™: $51.26 vs. price of $50.00 (2.5% below fair value)
Industry Position: 16.3% 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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