TMT Steel PCL (BKK:TMT) Quick Ratio: 0.70 (As of Mar. 2026) — Near Median


BKK:TMT TMT Steel PCL BKK:TMT
70 GF Score
Price ฿3.36
GF Value ฿3.58
Valuation Fairly Valued
! 5 Warning Signs
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What is TMT Steel PCL Quick Ratio?

TMT Steel PCL BKK:TMT -0.59% 70 Quick Ratio is 0.70 as of Mar. 2026, which is 7% below its 10-year median of 0.75. GuruFocus rates BKK:TMT with a GF Score™ of 70/100 and a GF Value™ of ฿3.58 (Fairly Valued). The stock has 5 warning signs investors should review. Among 634 Steel companies, TMT Steel PCL ranks worse than 69.4% 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. TMT Steel PCL's quick ratio for the quarter that ended in Mar. 2026 was 0.70.

TMT Steel PCL has a quick ratio of 0.70. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for TMT Steel PCL's Quick Ratio or its related term are showing as below:

BKK:TMT' s Quick Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.75   Max: 0.94
Current: 0.7

During the past 13 years, TMT Steel PCL's highest Quick Ratio was 0.94. The lowest was 0.59. And the median was 0.75.

BKK:TMT's Quick Ratio is ranked worse than
69.4% of 634 companies
in the Steel industry
Industry Median: 1.02 vs BKK:TMT: 0.70

TMT Steel PCL  (BKK:TMT) 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.


TMT Steel PCL Quick Ratio Related Terms


TMT Steel PCL Quick Ratio Historical Data

* Premium members only.

The historical data trend for TMT Steel PCL'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.

TMT Steel PCL Quick Ratio Chart

TMT Steel PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.75 0.65 0.59 0.72

TMT Steel PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.65 0.63 0.72 0.70

BKK:TMT vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, TMT Steel PCL'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.


TMT Steel PCL Quick Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, TMT Steel PCL's Quick Ratio distribution charts can be found below:

* The bar in red indicates where TMT Steel PCL's Quick Ratio falls into.


BKK:TMT
70GF Score
TMT Steel PCL BKK:TMT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TMT Steel PCL Quick Ratio Calculation

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.

TMT Steel PCL's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4754.527-1576.85)/4385.81
=0.72

TMT Steel PCL's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5170.964-1893.077)/4667.156
=0.70

* 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 Quick Ratio →
What does a Quick Ratio of 0.70 mean?
TMT Steel PCL (BKK:TMT) has a Quick Ratio of 0.70 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TMT Steel PCL and its competitors. This is near median its historical median of 0.75. Over the past decade, TMT Steel PCL's Quick Ratio has ranged from 0.59 to 0.94. According to the industry distribution chart, TMT Steel PCL ranks #440 out of 634 companies in the Steel industry, placing it in the top 69.4%.
Is TMT Steel PCL's Quick Ratio too high?
TMT Steel PCL's current Quick Ratio of 0.70 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 0.94. The Steel industry median Quick Ratio is 1.02. TMT Steel PCL's value of 0.70 is 31.4% below this industry median. Based on the distribution chart, TMT Steel PCL ranks #440 out of 634 companies in the Steel industry, which is below the industry midpoint. Overall, TMT Steel PCL has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TMT Steel PCL's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, TMT Steel PCL ranks #440 out of 634 companies for Quick Ratio. This places TMT Steel PCL in the lower half of its industry. The industry median Quick Ratio is 1.02. TMT Steel PCL's value of 0.70 is 31.4% below this benchmark. Historically, TMT Steel PCL's own Quick Ratio has ranged from 0.59 to 0.94 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.02, TMT Steel PCL 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 634 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. TMT Steel PCL's current Quick Ratio of 0.70 is 31.4% 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 TMT Steel PCL 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. TMT Steel PCL's current Quick Ratio is 0.70, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMT Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, TMT Steel PCL (BKK:TMT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.58, compared to a current price of ฿3.36 — trading 6.1% below its estimated fair value. The current Quick Ratio is 0.70, which is near median its 10-year median of 0.75 and 31.4% below the Steel industry median of 1.02. TMT Steel PCL's overall GF Score™ is 70/100 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 TMT Steel PCL (BKK:TMT), the current Quick Ratio is 0.70 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 TMT Steel PCL (BKK:TMT) Overvalued in 2026?

Based on GuruFocus' analysis, TMT Steel PCL stock appears to be undervalued. The current stock price of ฿3.36 is trading 6.1% below its estimated GF Value™ of ฿3.58. GuruFocus considers TMT Steel PCL to be Fairly Valued.

Key valuation signals for BKK:TMT:

  • Quick Ratio: 0.70 (near median its 10-year median of 0.75)
  • GF Value™: ฿3.58 vs. price of ฿3.36 (6.1% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 31.4% below the Steel median (#440 of 634)

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


TMT Steel PCL Business Description

Address South Sathorn Road, 22nd Floor, 179 Bangkok City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120
TMT Steel PCL operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled steel, plate steel, slit steel coil, flat iron, steel pipe, round steel bar, and others. In addition, it also provides steel processing and cold-forming services. Geographically the business activity functions through the region of Thailand.
70GF Score

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

฿3.36
Price
฿3.58
GF Value