Mesabi TrustMSB +0.16%75 Quick Ratio is 6.12 as of Apr. 2026, which is 49% above its 10-year median of 4.11. GuruFocus rates MSB with a GF Score™ of 75/100 and a GF Value™ of $18.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 639 Steel companies, Mesabi Trust ranks better than 93.11% 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. Mesabi Trust's quick ratio for the quarter that ended in Apr. 2026 was 6.12.
Mesabi Trust has a quick ratio of 6.12. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mesabi Trust's Quick Ratio or its related term are showing as below:
MSB'
s Quick Ratio Range Over the Past 10 Years
Min: 1.3 Med: 4.11 Max: 85.55
Current: 6.12
During the past 13 years, Mesabi Trust's highest Quick Ratio was 85.55. The lowest was 1.30. And the median was 4.11.
MSB's Quick Ratio is ranked better than 93.11% of 639
companies
in the Steel industry
Industry Median: 1.02
vs MSB: 6.12
Mesabi Trust (NYSE:MSB) 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.
Mesabi Trust Quick Ratio Related Terms
Mesabi Trust Quick Ratio Historical Data
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The historical data trend for Mesabi Trust'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 Steel subindustry, Mesabi Trust'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.
Mesabi Trust Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Mesabi Trust's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mesabi Trust'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.
Mesabi Trust's Quick Ratio for the fiscal year that ended in Jan. 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.
Mesabi Trust (MSB) has a Quick Ratio of 6.12 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mesabi Trust and its competitors. This is 49% above median its historical median of 4.11. Over the past decade, Mesabi Trust's Quick Ratio has ranged from 1.30 to 85.55. According to the industry distribution chart, Mesabi Trust ranks #44 out of 639 companies in the Steel industry, placing it in the top 6.9%.
Is Mesabi Trust's Quick Ratio too high?
Mesabi Trust's current Quick Ratio of 6.12 is 49% above median its 10-year median of 4.11. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 85.55. The Steel industry median Quick Ratio is 1.02. Mesabi Trust's value of 6.12 is 500% above this industry median. Based on the distribution chart, Mesabi Trust ranks #44 out of 639 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mesabi Trust has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mesabi Trust's Quick Ratio compare to FRD and LUD?
According to the Steel industry distribution chart, Mesabi Trust ranks #44 out of 639 companies for Quick Ratio. This places Mesabi Trust in the top 7% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Mesabi Trust's value of 6.12 is 500% above this benchmark. Historically, Mesabi Trust's own Quick Ratio has ranged from 1.30 to 85.55 over the past decade. While the company's 10-year median is 4.11 vs. the industry median of 1.02, Mesabi Trust 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 1.02, based on 639 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. Mesabi Trust's current Quick Ratio of 6.12 is 500% 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 Mesabi Trust 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. Mesabi Trust's current Quick Ratio is 6.12, which is 49% above median its own 10-year median of 4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesabi Trust stock overvalued right now?
Based on GuruFocus' analysis, Mesabi Trust (MSB) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.16, compared to a current price of $24.35 — trading 34.1% above its estimated fair value. The current Quick Ratio is 6.12, which is 49% above median its 10-year median of 4.11 and 500% above the Steel industry median of 1.02. Mesabi Trust's overall GF Score™ is 75/100 with 4 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 Mesabi Trust (MSB), the current Quick Ratio is 6.12 as of Apr. 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 Mesabi Trust (MSB) Overvalued in 2026?
Based on GuruFocus' analysis, Mesabi Trust stock appears to be overvalued.
The current stock price of $24.35 is trading 34.1% above its estimated GF Value™ of $18.16.
GuruFocus considers Mesabi Trust to be Significantly Overvalued.
Key valuation signals for MSB:
Quick Ratio: 6.12 (49% above median its 10-year median of 4.11)
GF Value™: $18.16 vs. price of $24.35 (34.1% above fair value)
Industry Position: 500% above the Steel median (#44 of 639)
No single metric tells the full story. See the MSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the northeastern end of the Mesabi Iron Range.
75GF Score
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