Modern SteelsBOM:513303 -0.95%42 Quick Ratio is 8.45 as of Mar. 2026, which is 1042% above its 10-year median of 0.74. GuruFocus rates BOM:513303 with a GF Score™ of 42/100. The stock has 3 warning signs investors should review. Among 496 Diversified Financial Services companies, Modern Steels ranks better than 67.34% 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. Modern Steels's quick ratio for the quarter that ended in Mar. 2026 was 8.45.
Modern Steels has a quick ratio of 8.45. It generally indicates good short-term financial strength.
The historical rank and industry rank for Modern Steels's Quick Ratio or its related term are showing as below:
BOM:513303'
s Quick Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.74 Max: 26.69
Current: 8.45
During the past 13 years, Modern Steels's highest Quick Ratio was 26.69. The lowest was 0.13. And the median was 0.74.
BOM:513303's Quick Ratio is ranked better than 67.34% of 496
companies
in the Diversified Financial Services industry
Industry Median: 3.19
vs BOM:513303: 8.45
Modern Steels (BOM:513303) 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.
Modern Steels Quick Ratio Related Terms
Modern Steels Quick Ratio Historical Data
* Premium members only.
The historical data trend for Modern Steels'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.
BOM:513303 vs XXI, CCXI, DMII: Quick Ratio Comparison
For the Shell Companies subindustry, Modern Steels'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.
Modern Steels Quick Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Modern Steels's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Modern Steels'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.
Modern Steels's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Modern Steels (BOM:513303) has a Quick Ratio of 8.45 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Modern Steels and its competitors. This is 1042% above median its historical median of 0.74. Over the past decade, Modern Steels' Quick Ratio has ranged from 0.13 to 26.69. According to the industry distribution chart, Modern Steels ranks #162 out of 496 companies in the Diversified Financial Services industry, placing it in the top 32.7%.
Is Modern Steels' Quick Ratio too high?
Modern Steels' current Quick Ratio of 8.45 is 1042% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 26.69. The Diversified Financial Services industry median Quick Ratio is 3.19. Modern Steels' value of 8.45 is 164.9% above this industry median. Based on the distribution chart, Modern Steels ranks #162 out of 496 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Modern Steels has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Modern Steels' Quick Ratio compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Modern Steels ranks #162 out of 496 companies for Quick Ratio. This puts Modern Steels in the upper half of its industry. The industry median Quick Ratio is 3.19. Modern Steels' value of 8.45 is 164.9% above this benchmark. Historically, Modern Steels' own Quick Ratio has ranged from 0.13 to 26.69 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 3.19, Modern Steels 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 Diversified Financial Services company?
The median Quick Ratio among Diversified Financial Services companies is 3.19, based on 496 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. Modern Steels's current Quick Ratio of 8.45 is 164.9% 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 Modern Steels and its competitors. For the Diversified Financial Services industry, the median Quick Ratio is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Steels's current Quick Ratio is 8.45, which is 1042% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Steels stock overvalued right now?
Modern Steels (BOM:513303) has a current Quick Ratio of 8.45. The current Quick Ratio is 8.45, which is 1042% above median its 10-year median of 0.74 and 164.9% above the Diversified Financial Services industry median of 3.19. Modern Steels' overall GF Score™ is 42/100 with 3 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 Modern Steels (BOM:513303), the current Quick Ratio is 8.45 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.
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