SSAB AB (publ)SSAAF -6.61%73 Current Ratio is 2.55 as of Mar. 2026, which is 24% above its 10-year median of 2.05. GuruFocus rates SSAAF with a GF Score™ of 73/100 and a GF Value™ of $6.11 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 638 Steel companies, SSAB AB (publ) ranks better than 69.44% 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. SSAB AB (publ)'s current ratio for the quarter that ended in Mar. 2026 was 2.55.
SSAB AB (publ) has a current ratio of 2.55. It generally indicates good short-term financial strength.
The historical rank and industry rank for SSAB AB (publ)'s Current Ratio or its related term are showing as below:
SSAAF'
s Current Ratio Range Over the Past 10 Years
Min: 1.51 Med: 2.05 Max: 2.86
Current: 2.55
During the past 13 years, SSAB AB (publ)'s highest Current Ratio was 2.86. The lowest was 1.51. And the median was 2.05.
SSAAF's Current Ratio is ranked better than 69.44% of 638
companies
in the Steel industry
Industry Median: 1.63
vs SSAAF: 2.55
SSAB AB (publ) (OTCPK:SSAAF) 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.
SSAB AB (publ) Current Ratio Related Terms
SSAB AB (publ) Current Ratio Historical Data
* Premium members only.
The historical data trend for SSAB AB (publ)'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.
For the Steel subindustry, SSAB AB (publ)'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.
SSAB AB (publ) Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, SSAB AB (publ)'s Current Ratio distribution charts can be found below:
* The bar in red indicates where SSAB AB (publ)'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.
SSAB AB (publ) (SSAAF) has a Current Ratio of 2.55 as of Mar. 2026. This is 24% above median its historical median of 2.05. Over the past decade, SSAB AB (publ)'s Current Ratio has ranged from 1.51 to 2.86. According to the industry distribution chart, SSAB AB (publ) ranks #195 out of 638 companies in the Steel industry, placing it in the top 30.6%.
Is SSAB AB (publ)'s Current Ratio too high?
SSAB AB (publ)'s current Current Ratio of 2.55 is 24% above median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 2.86. The Steel industry median Current Ratio is 1.63. SSAB AB (publ)'s value of 2.55 is 56.4% above this industry median. Based on the distribution chart, SSAB AB (publ) ranks #195 out of 638 companies in the Steel industry, which is above the industry midpoint. Overall, SSAB AB (publ) has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, SSAB AB (publ) ranks #195 out of 638 companies for Current Ratio. This puts SSAB AB (publ) in the upper half of its industry. The industry median Current Ratio is 1.63. SSAB AB (publ)'s value of 2.55 is 56.4% above this benchmark. Historically, SSAB AB (publ)'s own Current Ratio has ranged from 1.51 to 2.86 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 1.63, SSAB AB (publ) 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 638 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. SSAB AB (publ)'s current Current Ratio of 2.55 is 56.4% 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. SSAB AB (publ)'s current Current Ratio is 2.55, which is 24% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (SSAAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.11, compared to a current price of $9.33 — trading 52.7% above its estimated fair value. The current Current Ratio is 2.55, which is 24% above median its 10-year median of 2.05 and 56.4% above the Steel industry median of 1.63. SSAB AB (publ)'s overall GF Score™ is 73/100 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 SSAB AB (publ) (SSAAF), the current Current Ratio is 2.55 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 SSAB AB (publ) (SSAAF) Overvalued in 2026?
Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued.
The current stock price of $9.33 is trading 52.7% above its estimated GF Value™ of $6.11.
GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.
Key valuation signals for SSAAF:
Current Ratio: 2.55 (24% above median its 10-year median of 2.05)
GF Value™: $6.11 vs. price of $9.33 (52.7% above fair value)
Industry Position: 56.4% above the Steel median (#195 of 638)
No single metric tells the full story. See the SSAAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
73GF Score
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