Vulcan SteelASX:VSL -0.60%60 Quick Ratio is 0.78 as of Dec. 2025, which is 10% below its 10-year median of 0.87. GuruFocus rates ASX:VSL with a GF Score™ of 60/100 and a GF Value™ of A$6.22 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 639 Steel companies, Vulcan Steel ranks worse than 62.6% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Vulcan Steel's quick ratio for the quarter that ended in Dec. 2025 was 0.78.
Vulcan Steel has a quick ratio of 0.78. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Vulcan Steel's Quick Ratio or its related term are showing as below:
ASX:VSL'
s Quick Ratio Range Over the Past 10 Years
Min: 0.67 Med: 0.87 Max: 1.02
Current: 0.78
During the past 4 years, Vulcan Steel's highest Quick Ratio was 1.02. The lowest was 0.67. And the median was 0.87.
ASX:VSL's Quick Ratio is ranked worse than 62.6% of 639
companies
in the Steel industry
Industry Median: 1.02
vs ASX:VSL: 0.78
Vulcan Steel (ASX:VSL) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Vulcan Steel Quick Ratio Related Terms
Vulcan Steel Quick Ratio Historical Data
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The historical data trend for Vulcan Steel's Quick 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, Vulcan Steel's Quick Ratio, along with its competitors' market caps and Quick 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.
Vulcan Steel Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Vulcan Steel's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Vulcan Steel's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Vulcan Steel's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Vulcan Steel (ASX:VSL) has a Quick Ratio of 0.78 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vulcan Steel and its competitors. This is 10% below median its historical median of 0.87. Over the past decade, Vulcan Steel's Quick Ratio has ranged from 0.67 to 1.02. According to the industry distribution chart, Vulcan Steel ranks #400 out of 639 companies in the Steel industry, placing it in the top 62.6%.
Is Vulcan Steel's Quick Ratio too high?
Vulcan Steel's current Quick Ratio of 0.78 is 10% below median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.02. The Steel industry median Quick Ratio is 1.02. Vulcan Steel's value of 0.78 is 23.5% below this industry median. Based on the distribution chart, Vulcan Steel ranks #400 out of 639 companies in the Steel industry, which is below the industry midpoint. Overall, Vulcan Steel has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Steel's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Vulcan Steel ranks #400 out of 639 companies for Quick Ratio. This places Vulcan Steel in the lower half of its industry. The industry median Quick Ratio is 1.02. Vulcan Steel's value of 0.78 is 23.5% below this benchmark. Historically, Vulcan Steel's own Quick Ratio has ranged from 0.67 to 1.02 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.02, Vulcan Steel 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 Quick Ratio for a Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 639 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vulcan Steel's current Quick Ratio of 0.78 is 23.5% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vulcan Steel and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Steel's current Quick Ratio is 0.78, which is 10% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Steel stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Steel (ASX:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.22, compared to a current price of A$5.01 — trading 19.5% below its estimated fair value. The current Quick Ratio is 0.78, which is 10% below median its 10-year median of 0.87 and 23.5% below the Steel industry median of 1.02. Vulcan Steel's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Vulcan Steel (ASX:VSL), the current Quick Ratio is 0.78 as of Dec. 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 Vulcan Steel (ASX:VSL) Overvalued in 2026?
Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued.
The current stock price of A$5.01 is trading 19.5% below its estimated GF Value™ of A$6.22.
GuruFocus considers Vulcan Steel to be Modestly Undervalued.
Key valuation signals for ASX:VSL:
Quick Ratio: 0.78 (10% below median its 10-year median of 0.87)
GF Value™: A$6.22 vs. price of A$5.01 (19.5% below fair value)
Industry Position: 23.5% below the Steel median (#400 of 639)
No single metric tells the full story. See the ASX:VSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, the Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New Zealand, which includes Stainless Steel, Engineering Steel, and Aluminium.
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