Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Step TwoBOM:531509 +6.51%35 Quick Ratio is 134.24 as of Mar. 2026, which is 1% above its 10-year median of 133.30. GuruFocus rates BOM:531509 with a GF Score™ of 35/100. The stock has 3 warning signs investors should review. Among 400 Credit Services companies, Step Two ranks better than 82.25% 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. Step Two's quick ratio for the quarter that ended in Mar. 2026 was 134.24.
Step Two has a quick ratio of 134.24. It generally indicates good short-term financial strength.
The historical rank and industry rank for Step Two's Quick Ratio or its related term are showing as below:
BOM:531509'
s Quick Ratio Range Over the Past 10 Years
Min: 29.85 Med: 133.3 Max: 2028.8
Current: 134.24
During the past 13 years, Step Two's highest Quick Ratio was 2028.80. The lowest was 29.85. And the median was 133.30.
BOM:531509's Quick Ratio is ranked better than 82.25% of 400
companies
in the Credit Services industry
Industry Median: 3.635
vs BOM:531509: 134.24
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.
Step Two Quick Ratio Related Terms
Step Two Quick Ratio Historical Data
* Premium members only.
The historical data trend for Step Two'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 Credit Services subindustry, Step Two'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.
Step Two Quick Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Step Two's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Step Two'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.
Step Two'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.
Step Two (BOM:531509) has a Quick Ratio of 134.24 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Step Two and its competitors. This is near median its historical median of 133.30. Over the past decade, Step Two's Quick Ratio has ranged from 29.85 to 2,028.80. According to the industry distribution chart, Step Two ranks #71 out of 400 companies in the Credit Services industry, placing it in the top 17.7%.
Is Step Two's Quick Ratio too high?
Step Two's current Quick Ratio of 134.24 is near median its 10-year median of 133.30. Over the past 10 years, this metric has ranged from a low of 29.85 to a high of 2,028.80. The Credit Services industry median Quick Ratio is 3.64. Step Two's value of 134.24 is 3593% above this industry median. Based on the distribution chart, Step Two ranks #71 out of 400 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Step Two has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Step Two's Quick Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Step Two ranks #71 out of 400 companies for Quick Ratio. This places Step Two in the top 18% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.64. Step Two's value of 134.24 is 3593% above this benchmark. Historically, Step Two's own Quick Ratio has ranged from 29.85 to 2,028.80 over the past decade. While the company's 10-year median is 133.30 vs. the industry median of 3.64, Step Two 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 Credit Services company?
The median Quick Ratio among Credit Services companies is 3.64, based on 400 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. Step Two's current Quick Ratio of 134.24 is 3593% 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 Step Two and its competitors. For the Credit Services industry, the median Quick Ratio is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Step Two's current Quick Ratio is 134.24, which is near median its own 10-year median of 133.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Step Two stock overvalued right now?
Step Two (BOM:531509) has a current Quick Ratio of 134.24. The current Quick Ratio is 134.24, which is near median its 10-year median of 133.30 and 3593% above the Credit Services industry median of 3.64. Step Two's overall GF Score™ is 35/100 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 Step Two (BOM:531509), the current Quick Ratio is 134.24 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.
Step Two Corp Ltd is a registered non-banking finance company engaged in the business of providing finance. The Company is engaged in providing Business Loans, and is also engaged in Trading and Investment in Shares & Securities. The majority of the revenue is generated from Interest Income.
35GF Score
Get the complete analysis for BOM:531509
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:531509 has been successfully added to your 
