MSP Steel & Power (NSE:MSPL) Quick Ratio: 0.32 (As of Mar. 2026) — 35% Below Median


NSE:MSPL MSP Steel & Power Ltd NSE:MSPL
53 GF Score
Price ₹41.25
GF Value ₹21.46
Valuation Significantly Overvalued
! 5 Warning Signs
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What is MSP Steel & Power Quick Ratio?

MSP Steel & Power NSE:MSPL -1.55% 53 Quick Ratio is 0.32 as of Mar. 2026, which is 35% below its 10-year median of 0.49. GuruFocus rates NSE:MSPL with a GF Score™ of 53/100 and a GF Value™ of ₹21.46 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 636 Steel companies, MSP Steel & Power ranks worse than 89.31% 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. MSP Steel & Power's quick ratio for the quarter that ended in Mar. 2026 was 0.32.

MSP Steel & Power has a quick ratio of 0.32. It indicates that the company cannot currently fully pay back its current liabilities.

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

NSE:MSPL' s Quick Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.49   Max: 0.65
Current: 0.32

During the past 13 years, MSP Steel & Power's highest Quick Ratio was 0.65. The lowest was 0.32. And the median was 0.49.

NSE:MSPL's Quick Ratio is ranked worse than
89.31% of 636 companies
in the Steel industry
Industry Median: 1.02 vs NSE:MSPL: 0.32

MSP Steel & Power  (NSE:MSPL) 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.


MSP Steel & Power Quick Ratio Related Terms


MSP Steel & Power Quick Ratio Historical Data

* Premium members only.

The historical data trend for MSP Steel & Power'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.

MSP Steel & Power Quick Ratio Chart

MSP Steel & Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.43 0.44 0.37 0.32

MSP Steel & Power 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 0.37 0.00 0.37 0.00 0.32

NSE:MSPL vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, MSP Steel & Power'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.


MSP Steel & Power Quick Ratio vs Steel Industry

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

* The bar in red indicates where MSP Steel & Power's Quick Ratio falls into.


NSE:MSPL
53GF Score
MSP Steel & Power Ltd NSE:MSPL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MSP Steel & Power 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.

MSP Steel & Power's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(8044.409-5856.29)/6848.634
=0.32

MSP Steel & Power'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
=(8044.409-5856.29)/6848.634
=0.32

* 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 0.32 mean?
MSP Steel & Power (NSE:MSPL) has a Quick Ratio of 0.32 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on MSP Steel & Power and its competitors. This is 35% below median its historical median of 0.49. Over the past decade, MSP Steel & Power's Quick Ratio has ranged from 0.32 to 0.65. According to the industry distribution chart, MSP Steel & Power ranks #568 out of 636 companies in the Steel industry, placing it in the top 89.3%.
Is MSP Steel & Power's Quick Ratio too high?
MSP Steel & Power's current Quick Ratio of 0.32 is 35% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.65. The Steel industry median Quick Ratio is 1.02. MSP Steel & Power's value of 0.32 is 68.6% below this industry median. Based on the distribution chart, MSP Steel & Power ranks #568 out of 636 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, MSP Steel & Power has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MSP Steel & Power's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, MSP Steel & Power ranks #568 out of 636 companies for Quick Ratio. This places MSP Steel & Power in the lower half of its industry. The industry median Quick Ratio is 1.02. MSP Steel & Power's value of 0.32 is 68.6% below this benchmark. Historically, MSP Steel & Power's own Quick Ratio has ranged from 0.32 to 0.65 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 1.02, MSP Steel & Power 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 636 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. MSP Steel & Power's current Quick Ratio of 0.32 is 68.6% 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 MSP Steel & Power 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. MSP Steel & Power's current Quick Ratio is 0.32, which is 35% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSP Steel & Power stock overvalued right now?
Based on GuruFocus' analysis, MSP Steel & Power (NSE:MSPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹21.46, compared to a current price of ₹41.25 — trading 92.2% above its estimated fair value. The current Quick Ratio is 0.32, which is 35% below median its 10-year median of 0.49 and 68.6% below the Steel industry median of 1.02. MSP Steel & Power's overall GF Score™ is 53/100 with 5 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 MSP Steel & Power (NSE:MSPL), the current Quick Ratio is 0.32 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 MSP Steel & Power (NSE:MSPL) Overvalued in 2026?

Based on GuruFocus' analysis, MSP Steel & Power stock appears to be overvalued. The current stock price of ₹41.25 is trading 92.2% above its estimated GF Value™ of ₹21.46. GuruFocus considers MSP Steel & Power to be Significantly Overvalued.

Key valuation signals for NSE:MSPL:

  • Quick Ratio: 0.32 (35% below median its 10-year median of 0.49)
  • GF Value™: ₹21.46 vs. price of ₹41.25 (92.2% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 68.6% below the Steel median (#568 of 636)

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


MSP Steel & Power Business Description

Other Exchanges 532650:India
Address 770 Anandapur Road, South City Business Park, 10th Floor, Kolkata, WB, IND, 700107
MSP Steel & Power Ltd is engaged in the manufacturing of iron and steel products. It is also engaged in the generation and sale of power. Geographically, it derives a majority of its revenue from India. The company's product offerings include TMT Bar, structural steel, and pipes.
53GF Score

Get the complete analysis for NSE:MSPL

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

₹41.25
Price
₹21.46
GF Value