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. Olympic Steel's current ratio for the quarter that ended in Sep. 2025 was 3.12.
Olympic Steel has a current ratio of 3.12. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Olympic Steel's Current Ratio or its related term are showing as below:
ZEUS'
s Current Ratio Range Over the Past 10 Years
Min: 2.93 Med: 3.69 Max: 4.75
Current: 3.12
During the past 13 years, Olympic Steel's highest Current Ratio was 4.75. The lowest was 2.93. And the median was 3.69.
ZEUS's Current Ratio is not ranked
in the Steel industry.
Industry Median: 1.63
vs ZEUS: 3.12
Olympic Steel (NAS:ZEUS) 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.
Olympic Steel Current Ratio Related Terms
Olympic Steel Current Ratio Historical Data
* Premium members only.
The historical data trend for Olympic Steel'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, Olympic Steel'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.
Olympic Steel Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Olympic Steel's Current Ratio distribution charts can be found below:
* The bar in red indicates where Olympic Steel'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.
Olympic Steel (ZEUS) has a Current Ratio of 3.12 as of Sep. 2025. This is 15% below median its historical median of 3.69. Over the past decade, Olympic Steel's Current Ratio has ranged from 2.93 to 4.75.
Is Olympic Steel's Current Ratio too high?
Olympic Steel's current Current Ratio of 3.12 is 15% below median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 4.75. The Steel industry median Current Ratio is 1.63. Olympic Steel's value of 3.12 is 91.4% above this industry median. Overall, Olympic Steel has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Olympic Steel's Current Ratio compare to MSB and NWPX?
Olympic Steel's Current Ratio of 3.12 can be compared against companies in the Steel industry. The industry median Current Ratio is 1.63. Olympic Steel's value of 3.12 is 91.4% above this benchmark. Historically, Olympic Steel's own Current Ratio has ranged from 2.93 to 4.75 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 1.63, Olympic Steel 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 636 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. Olympic Steel's current Current Ratio of 3.12 is 91.4% 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. Olympic Steel's current Current Ratio is 3.12, which is 15% below median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympic Steel stock overvalued right now?
Olympic Steel (ZEUS) has a current Current Ratio of 3.12. The stock's GF Value™ is $36.41, compared to a current price of $47.86 — trading 31.4% above its estimated fair value. The current Current Ratio is 3.12, which is 15% below median its 10-year median of 3.69 and 91.4% above the Steel industry median of 1.63. Olympic Steel's overall GF Score™ is 58/100 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 Olympic Steel (ZEUS), the current Current Ratio is 3.12 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 Olympic Steel (ZEUS) Overvalued in 2026?
Based on GuruFocus' analysis, Olympic Steel stock appears to be overvalued.
The current stock price of $47.86 is trading 31.4% above its estimated GF Value™ of $36.41.
Key valuation signals for ZEUS:
Current Ratio: 3.12 (15% below median its 10-year median of 3.69)
GF Value™: $36.41 vs. price of $47.86 (31.4% above fair value)
No single metric tells the full story. See the ZEUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.
58GF Score
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