Mangels Industrial (BSP:MGEL4) Quick Ratio: 0.25 (As of Mar. 2026) — 83% Below Median

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BSP:MGEL4 Mangels Industrial SA BSP:MGEL4
62 GF Score
Price R$5.28
GF Value R$9.60
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Mangels Industrial Quick Ratio?

Mangels Industrial BSP:MGEL4 62 Quick Ratio is 0.25 as of Mar. 2026, which is 83% below its 10-year median of 1.50. GuruFocus rates BSP:MGEL4 with a GF Score™ of 62/100 and a GF Value™ of R$9.60 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 634 Steel companies, Mangels Industrial ranks worse than 93.53% 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. Mangels Industrial's quick ratio for the quarter that ended in Mar. 2026 was 0.25.

Mangels Industrial has a quick ratio of 0.25. It indicates that the company cannot currently fully pay back its current liabilities.

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

BSP:MGEL4' s Quick Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1.5   Max: 2.19
Current: 0.25

During the past 13 years, Mangels Industrial's highest Quick Ratio was 2.19. The lowest was 0.24. And the median was 1.50.

BSP:MGEL4's Quick Ratio is ranked worse than
93.53% of 634 companies
in the Steel industry
Industry Median: 1.02 vs BSP:MGEL4: 0.25

Mangels Industrial  (BSP:MGEL4) 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.


Mangels Industrial Quick Ratio Related Terms


Mangels Industrial Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mangels Industrial'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.

Mangels Industrial Quick Ratio Chart

Mangels Industrial 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 1.41 1.49 1.22 1.00 0.24

Mangels Industrial 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 0.97 0.69 0.83 0.24 0.25

BSP:MGEL4 vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Mangels Industrial'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.


Mangels Industrial Quick Ratio vs Steel Industry

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

* The bar in red indicates where Mangels Industrial's Quick Ratio falls into.


BSP:MGEL4
62GF Score
Mangels Industrial SA BSP:MGEL4
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mangels Industrial 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.

Mangels Industrial'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
=(297.79-140.997)/652.135
=0.24

Mangels Industrial'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
=(327.803-158.329)/675.913
=0.25

* 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 0.25 mean?
Mangels Industrial (BSP:MGEL4) has a Quick Ratio of 0.25 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mangels Industrial and its competitors. This is 83% below median its historical median of 1.50. Over the past decade, Mangels Industrial's Quick Ratio has ranged from 0.24 to 2.19. According to the industry distribution chart, Mangels Industrial ranks #593 out of 634 companies in the Steel industry, placing it in the top 93.5%.
Is Mangels Industrial's Quick Ratio too high?
Mangels Industrial's current Quick Ratio of 0.25 is 83% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 2.19. The Steel industry median Quick Ratio is 1.02. Mangels Industrial's value of 0.25 is 75.5% below this industry median. Based on the distribution chart, Mangels Industrial ranks #593 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mangels Industrial has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mangels Industrial's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mangels Industrial ranks #593 out of 634 companies for Quick Ratio. This places Mangels Industrial in the lower half of its industry. The industry median Quick Ratio is 1.02. Mangels Industrial's value of 0.25 is 75.5% below this benchmark. Historically, Mangels Industrial's own Quick Ratio has ranged from 0.24 to 2.19 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.02, Mangels Industrial 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. Mangels Industrial's current Quick Ratio of 0.25 is 75.5% 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 Mangels Industrial 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. Mangels Industrial's current Quick Ratio is 0.25, which is 83% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangels Industrial stock overvalued right now?
Based on GuruFocus' analysis, Mangels Industrial (BSP:MGEL4) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.60, compared to a current price of R$5.28 — trading 45% below its estimated fair value. The current Quick Ratio is 0.25, which is 83% below median its 10-year median of 1.50 and 75.5% below the Steel industry median of 1.02. Mangels Industrial's overall GF Score™ is 62/100 with 6 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 Mangels Industrial (BSP:MGEL4), the current Quick Ratio is 0.25 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 Mangels Industrial (BSP:MGEL4) Overvalued in 2026?

Based on GuruFocus' analysis, Mangels Industrial stock appears to be undervalued. The current stock price of R$5.28 is trading 45% below its estimated GF Value™ of R$9.60. GuruFocus considers Mangels Industrial to be Possible Value Trap.

Key valuation signals for BSP:MGEL4:

  • Quick Ratio: 0.25 (83% below median its 10-year median of 1.50)
  • GF Value™: R$9.60 vs. price of R$5.28 (45% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 75.5% below the Steel median (#593 of 634)

No single metric tells the full story. See the BSP:MGEL4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mangels Industrial Business Description

Address Rua Verbo Divino 1488, 6th floor, Suite 61A and 64D, Chacara Santo, Antonio, Sao Paulo, SP, BRA, 04719904
Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.
62GF Score

Get the complete analysis for BSP:MGEL4

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

R$5.28
Price
R$9.60
GF Value