Steelco Gujarat (BOM:500399) Quick Ratio: 2.52 (As of Mar. 2026) — 600% Above Median

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BOM:500399 Steelco Gujarat Ltd BOM:500399
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What is Steelco Gujarat Quick Ratio?

Steelco Gujarat BOM:500399 +4.98% 10 Quick Ratio is 2.52 as of Mar. 2026, which is 600% above its 10-year median of 0.36. GuruFocus rates BOM:500399 with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 634 Steel companies, Steelco Gujarat ranks better than 80.28% 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. Steelco Gujarat's quick ratio for the quarter that ended in Mar. 2026 was 2.52.

Steelco Gujarat has a quick ratio of 2.52. It generally indicates good short-term financial strength.

The historical rank and industry rank for Steelco Gujarat's Quick Ratio or its related term are showing as below:

BOM:500399' s Quick Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.36   Max: 2.52
Current: 2.52

During the past 13 years, Steelco Gujarat's highest Quick Ratio was 2.52. The lowest was 0.19. And the median was 0.36.

BOM:500399's Quick Ratio is ranked better than
80.28% of 634 companies
in the Steel industry
Industry Median: 1.01 vs BOM:500399: 2.52

Steelco Gujarat  (BOM:500399) 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.


Steelco Gujarat Quick Ratio Related Terms


Steelco Gujarat Quick Ratio Historical Data

* Premium members only.

The historical data trend for Steelco Gujarat'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.

Steelco Gujarat Quick Ratio Chart

Steelco Gujarat Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.29 0.66 0.46 2.52

Steelco Gujarat Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Mar22 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 0.46 0.00 0.53 0.00 2.52

BOM:500399 vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Steelco Gujarat'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.


Steelco Gujarat Quick Ratio vs Steel Industry

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

* The bar in red indicates where Steelco Gujarat's Quick Ratio falls into.


BOM:500399
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Steelco Gujarat Ltd BOM:500399
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Steelco Gujarat 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.

Steelco Gujarat's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(826.85-439.078)/154.017
=2.52

Steelco Gujarat'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
=(826.85-439.078)/154.017
=2.52

* 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 2.52 mean?
Steelco Gujarat (BOM:500399) has a Quick Ratio of 2.52 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Steelco Gujarat and its competitors. This is 600% above median its historical median of 0.36. Over the past decade, Steelco Gujarat's Quick Ratio has ranged from 0.19 to 2.52. According to the industry distribution chart, Steelco Gujarat ranks #125 out of 634 companies in the Steel industry, placing it in the top 19.7%.
Is Steelco Gujarat's Quick Ratio too high?
Steelco Gujarat's current Quick Ratio of 2.52 is 600% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 2.52. The Steel industry median Quick Ratio is 1.01. Steelco Gujarat's value of 2.52 is 149.5% above this industry median. Based on the distribution chart, Steelco Gujarat ranks #125 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Steelco Gujarat has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Steelco Gujarat's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Steelco Gujarat ranks #125 out of 634 companies for Quick Ratio. This places Steelco Gujarat in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.01. Steelco Gujarat's value of 2.52 is 149.5% above this benchmark. Historically, Steelco Gujarat's own Quick Ratio has ranged from 0.19 to 2.52 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.01, Steelco Gujarat 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 Quick Ratio for a Steel company?
The median Quick Ratio among Steel companies is 1.01, 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. Steelco Gujarat's current Quick Ratio of 2.52 is 149.5% 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 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 Steelco Gujarat and its competitors. For the Steel industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steelco Gujarat's current Quick Ratio is 2.52, which is 600% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steelco Gujarat stock overvalued right now?
Steelco Gujarat (BOM:500399) has a current Quick Ratio of 2.52. The current Quick Ratio is 2.52, which is 600% above median its 10-year median of 0.36 and 149.5% above the Steel industry median of 1.01. Steelco Gujarat's overall GF Score™ is 10/100 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 Steelco Gujarat (BOM:500399), the current Quick Ratio is 2.52 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.

Steelco Gujarat Business Description

Address Race Course Circle, 4th Floor, Marble Arch, Vadodara, GJ, IND, 390 007
Steelco Gujarat Ltd is engaged in commercial production of cold rolled steel products with cold rolling of steel, continuous hot dip galvanizing and the Continuous Color Coating. It manufactures and supplies CR steel sheet/coils/strips, CR galvanized plain/corrugated sheet/coil/strips and pre-painted galvanized sheet/coils.
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