Aisha Steel Mills (KAR:ASL) Quick Ratio: 0.49 (As of Mar. 2026) — 58% Above Median


KAR:ASL Aisha Steel Mills Ltd KAR:ASL
58 GF Score
Price ₨13.17
GF Value ₨13.11
Valuation Fairly Valued
! 6 Warning Signs
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What is Aisha Steel Mills Quick Ratio?

Aisha Steel Mills KAR:ASL -1.50% 58 Quick Ratio is 0.49 as of Mar. 2026, which is 58% above its 10-year median of 0.31. GuruFocus rates KAR:ASL with a GF Score™ of 58/100 and a GF Value™ of ₨13.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 638 Steel companies, Aisha Steel Mills ranks worse than 82.13% 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. Aisha Steel Mills's quick ratio for the quarter that ended in Mar. 2026 was 0.49.

Aisha Steel Mills has a quick ratio of 0.49. It indicates that the company cannot currently fully pay back its current liabilities.

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

KAR:ASL' s Quick Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.31   Max: 0.54
Current: 0.49

During the past 13 years, Aisha Steel Mills's highest Quick Ratio was 0.54. The lowest was 0.15. And the median was 0.31.

KAR:ASL's Quick Ratio is ranked worse than
82.13% of 638 companies
in the Steel industry
Industry Median: 1.02 vs KAR:ASL: 0.49

Aisha Steel Mills  (KAR:ASL) 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.


Aisha Steel Mills Quick Ratio Related Terms


Aisha Steel Mills Quick Ratio Historical Data

* Premium members only.

The historical data trend for Aisha Steel Mills'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.

Aisha Steel Mills Quick Ratio Chart

Aisha Steel Mills Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.37 0.36 0.35 0.43

Aisha Steel Mills 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 0.47 0.43 0.44 0.54 0.49

KAR:ASL vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Aisha Steel Mills'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.


Aisha Steel Mills Quick Ratio vs Steel Industry

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

* The bar in red indicates where Aisha Steel Mills's Quick Ratio falls into.


KAR:ASL
58GF Score
Aisha Steel Mills Ltd KAR:ASL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aisha Steel Mills 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.

Aisha Steel Mills's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(15651.022-8101.475)/17727.964
=0.43

Aisha Steel Mills'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
=(21748.143-13691.247)/16407.511
=0.49

* 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 0.49 mean?
Aisha Steel Mills (KAR:ASL) has a Quick Ratio of 0.49 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Aisha Steel Mills and its competitors. This is 58% above median its historical median of 0.31. Over the past decade, Aisha Steel Mills' Quick Ratio has ranged from 0.15 to 0.54. According to the industry distribution chart, Aisha Steel Mills ranks #524 out of 638 companies in the Steel industry, placing it in the top 82.1%.
Is Aisha Steel Mills' Quick Ratio too high?
Aisha Steel Mills' current Quick Ratio of 0.49 is 58% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.54. The Steel industry median Quick Ratio is 1.02. Aisha Steel Mills' value of 0.49 is 52% below this industry median. Based on the distribution chart, Aisha Steel Mills ranks #524 out of 638 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Aisha Steel Mills has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aisha Steel Mills' Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Aisha Steel Mills ranks #524 out of 638 companies for Quick Ratio. This places Aisha Steel Mills in the lower half of its industry. The industry median Quick Ratio is 1.02. Aisha Steel Mills' value of 0.49 is 52% below this benchmark. Historically, Aisha Steel Mills' own Quick Ratio has ranged from 0.15 to 0.54 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 1.02, Aisha Steel Mills 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 638 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. Aisha Steel Mills's current Quick Ratio of 0.49 is 52% 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 Aisha Steel Mills 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. Aisha Steel Mills's current Quick Ratio is 0.49, which is 58% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aisha Steel Mills stock overvalued right now?
Based on GuruFocus' analysis, Aisha Steel Mills (KAR:ASL) is currently considered Fairly Valued. The stock's GF Value™ is ₨13.11, compared to a current price of ₨13.17 — trading 0.5% above its estimated fair value. The current Quick Ratio is 0.49, which is 58% above median its 10-year median of 0.31 and 52% below the Steel industry median of 1.02. Aisha Steel Mills' overall GF Score™ is 58/100 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 Aisha Steel Mills (KAR:ASL), the current Quick Ratio is 0.49 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 Aisha Steel Mills (KAR:ASL) Overvalued in 2026?

Based on GuruFocus' analysis, Aisha Steel Mills stock appears to be overvalued. The current stock price of ₨13.17 is trading 0.5% above its estimated GF Value™ of ₨13.11. GuruFocus considers Aisha Steel Mills to be Fairly Valued.

Key valuation signals for KAR:ASL:

  • Quick Ratio: 0.49 (58% above median its 10-year median of 0.31)
  • GF Value™: ₨13.11 vs. price of ₨13.17 (0.5% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 52% below the Steel median (#524 of 638)

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


Aisha Steel Mills Business Description

Other Exchanges ASLPS.PFD:Pakistan
Address 23 M.T. Khan Road, 1st Floor, Arif Habib Center, Karachi, SD, PAK, 74000
Aisha Steel Mills Ltd is involved in manufacturing and selling cold rolled steel coils and sheets to the industrial, engineering, and manufacturing industries in Pakistan. Its product offerings include hot-dipped galvanized steel coils, cold-rolled steel coils, and others. The company geographically operates in Pakistan, North America, Middle East, Europe and Asia. The majority of revenue is derived from Pakistan.
58GF Score

Get the complete analysis for KAR:ASL

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

₨13.17
Price
₨13.11
GF Value