Grand FoundryNSE:GFSTEELS 15 Quick Ratio is 1.04 as of Mar. 2026, which is 167% above its 10-year median of 0.39. GuruFocus rates NSE:GFSTEELS with a GF Score™ of 15/100. The stock has 4 warning signs investors should review. Among 635 Steel companies, Grand Foundry ranks better than 51.5% 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. Grand Foundry's quick ratio for the quarter that ended in Mar. 2026 was 1.04.
Grand Foundry has a quick ratio of 1.04. It generally indicates good short-term financial strength.
The historical rank and industry rank for Grand Foundry's Quick Ratio or its related term are showing as below:
NSE:GFSTEELS'
s Quick Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.39 Max: 1.04
Current: 1.04
During the past 13 years, Grand Foundry's highest Quick Ratio was 1.04. The lowest was 0.01. And the median was 0.39.
NSE:GFSTEELS's Quick Ratio is ranked better than 51.5% of 635
companies
in the Steel industry
Industry Median: 1.02
vs NSE:GFSTEELS: 1.04
Grand Foundry (NSE:GFSTEELS) 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.
Grand Foundry Quick Ratio Related Terms
Grand Foundry Quick Ratio Historical Data
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The historical data trend for Grand Foundry'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.
NSE:GFSTEELS vs NUE, STLD, RS: Quick Ratio Comparison
For the Steel subindustry, Grand Foundry'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.
Grand Foundry Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Grand Foundry's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Grand Foundry'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.
Grand Foundry'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.
Grand Foundry (NSE:GFSTEELS) has a Quick Ratio of 1.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Grand Foundry and its competitors. This is 167% above median its historical median of 0.39. Over the past decade, Grand Foundry's Quick Ratio has ranged from 0.01 to 1.04. According to the industry distribution chart, Grand Foundry ranks #308 out of 635 companies in the Steel industry, placing it in the top 48.5%.
Is Grand Foundry's Quick Ratio too high?
Grand Foundry's current Quick Ratio of 1.04 is 167% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.04. The Steel industry median Quick Ratio is 1.02. Grand Foundry's value of 1.04 is 2% above this industry median. Based on the distribution chart, Grand Foundry ranks #308 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, Grand Foundry has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Grand Foundry's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Grand Foundry ranks #308 out of 635 companies for Quick Ratio. This puts Grand Foundry in the upper half of its industry. The industry median Quick Ratio is 1.02. Grand Foundry's value of 1.04 is 2% above this benchmark. Historically, Grand Foundry's own Quick Ratio has ranged from 0.01 to 1.04 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.02, Grand Foundry 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 635 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. Grand Foundry's current Quick Ratio of 1.04 is 2% 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 Grand Foundry 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. Grand Foundry's current Quick Ratio is 1.04, which is 167% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Foundry stock overvalued right now?
Grand Foundry (NSE:GFSTEELS) has a current Quick Ratio of 1.04. The current Quick Ratio is 1.04, which is 167% above median its 10-year median of 0.39 and 2% above the Steel industry median of 1.02. Grand Foundry's overall GF Score™ is 15/100 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 Grand Foundry (NSE:GFSTEELS), the current Quick Ratio is 1.04 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.
Grand Foundry Ltd is engaged in the manufacturing of bright steel bars and wires. The company offers various heat treatment processes and supplies commercial lots of heat-treated bars to specific standards in the international market American, and German standards. Its products are utilized for various applications in the engineering industries, including petrochemical, oil and natural gas, and automotive industries.
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