Steel Authority Of India has a quick ratio of 0.28. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Steel Authority Of India's Quick Ratio or its related term are showing as below:
NSE:SAIL'
s Quick Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.29 Max: 0.38
Current: 0.28
During the past 13 years, Steel Authority Of India's highest Quick Ratio was 0.38. The lowest was 0.21. And the median was 0.29.
NSE:SAIL's Quick Ratio is ranked worse than 91.64% of 634
companies
in the Steel industry
Industry Median: 1.02
vs NSE:SAIL: 0.28
Steel Authority Of India (NSE:SAIL) 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.
Steel Authority Of India Quick Ratio Related Terms
Steel Authority Of India Quick Ratio Historical Data
* 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, Steel Authority Of India'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.
Steel Authority Of India Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Steel Authority Of India's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Steel Authority Of India'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.
Steel Authority Of India'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.
Steel Authority Of India (NSE:SAIL) has a Quick Ratio of 0.28 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Steel Authority Of India and its competitors. This is near median its historical median of 0.29. Over the past decade, Steel Authority Of India's Quick Ratio has ranged from 0.21 to 0.38. According to the industry distribution chart, Steel Authority Of India ranks #581 out of 634 companies in the Steel industry, placing it in the top 91.6%.
Is Steel Authority Of India's Quick Ratio too high?
Steel Authority Of India's current Quick Ratio of 0.28 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.38. The Steel industry median Quick Ratio is 1.02. Steel Authority Of India's value of 0.28 is 72.5% below this industry median. Based on the distribution chart, Steel Authority Of India ranks #581 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Steel Authority Of India has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Authority Of India's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Steel Authority Of India ranks #581 out of 634 companies for Quick Ratio. This places Steel Authority Of India in the lower half of its industry. The industry median Quick Ratio is 1.02. Steel Authority Of India's value of 0.28 is 72.5% below this benchmark. Historically, Steel Authority Of India's own Quick Ratio has ranged from 0.21 to 0.38 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.02, Steel Authority Of India 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. Steel Authority Of India's current Quick Ratio of 0.28 is 72.5% 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 Steel Authority Of India 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. Steel Authority Of India's current Quick Ratio is 0.28, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Authority Of India stock overvalued right now?
Based on GuruFocus' analysis, Steel Authority Of India (NSE:SAIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹140.84, compared to a current price of ₹169.23 — trading 20.2% above its estimated fair value. The current Quick Ratio is 0.28, which is near median its 10-year median of 0.29 and 72.5% below the Steel industry median of 1.02. Steel Authority Of India's overall GF Score™ is 78/100 with 3 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 Steel Authority Of India (NSE:SAIL), the current Quick Ratio is 0.28 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 Steel Authority Of India (NSE:SAIL) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Authority Of India stock appears to be overvalued.
The current stock price of ₹169.23 is trading 20.2% above its estimated GF Value™ of ₹140.84.
GuruFocus considers Steel Authority Of India to be Modestly Overvalued.
Key valuation signals for NSE:SAIL:
Quick Ratio: 0.28 (near median its 10-year median of 0.29)
GF Value™: ₹140.84 vs. price of ₹169.23 (20.2% above fair value)
Industry Position: 72.5% below the Steel median (#581 of 634)
No single metric tells the full story. See the NSE:SAIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Authority Of India Ltd is a steelmaker. The company produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. The segments of the company include BSP, DSP, RSP, BSL, ISP, ASP, SSP, VISL and Others. It generates maximum of its revenue from the Indian domestic market.
78GF Score
Get the complete analysis for NSE:SAIL
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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