Vedanta Iron and Steel (NSE:VISL) Quick Ratio: 0.18 (As of Mar. 2026) — 14% Below Median

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NSE:VISL Vedanta Iron and Steel Ltd NSE:VISL
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What is Vedanta Iron and Steel Quick Ratio?

Vedanta Iron and Steel NSE:VISL +0.70% 2 Quick Ratio is 0.18 as of Mar. 2026, which is 14% below its 10-year median of 0.21. GuruFocus rates NSE:VISL with a GF Score™ of 2/100. The stock has 7 warning signs investors should review. Among 634 Steel companies, Vedanta Iron and Steel ranks worse than 95.9% 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. Vedanta Iron and Steel's quick ratio for the quarter that ended in Mar. 2026 was 0.18.

Vedanta Iron and Steel has a quick ratio of 0.18. It indicates that the company cannot currently fully pay back its current liabilities.

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

NSE:VISL' s Quick Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.21   Max: 0.57
Current: 0.18

During the past 3 years, Vedanta Iron and Steel's highest Quick Ratio was 0.57. The lowest was 0.18. And the median was 0.21.

NSE:VISL's Quick Ratio is ranked worse than
95.9% of 634 companies
in the Steel industry
Industry Median: 1.005 vs NSE:VISL: 0.18

Vedanta Iron and Steel  (NSE:VISL) 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.


Vedanta Iron and Steel Quick Ratio Related Terms


Vedanta Iron and Steel Quick Ratio Historical Data

* Premium members only.

The historical data trend for Vedanta Iron and Steel'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.

Vedanta Iron and Steel Quick Ratio Chart

Vedanta Iron and Steel Annual Data
Trend Mar24 Mar25 Mar26
Quick Ratio
0.57 0.21 0.18

Vedanta Iron and Steel Semi-Annual Data
Mar24 Mar25 Mar26
Quick Ratio 0.57 0.21 0.18

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

For the Steel subindustry, Vedanta Iron and Steel'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.


Vedanta Iron and Steel Quick Ratio vs Steel Industry

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

* The bar in red indicates where Vedanta Iron and Steel's Quick Ratio falls into.


NSE:VISL
2GF Score
Vedanta Iron and Steel Ltd NSE:VISL
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Vedanta Iron and Steel 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.

Vedanta Iron and Steel'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
=(60780-18970)/227810
=0.18

Vedanta Iron and Steel'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
=(60780-18970)/227810
=0.18

* 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 0.18 mean?
Vedanta Iron and Steel (NSE:VISL) has a Quick Ratio of 0.18 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vedanta Iron and Steel and its competitors. This is 14% below median its historical median of 0.21. Over the past decade, Vedanta Iron and Steel's Quick Ratio has ranged from 0.18 to 0.57. According to the industry distribution chart, Vedanta Iron and Steel ranks #608 out of 634 companies in the Steel industry, placing it in the top 95.9%.
Is Vedanta Iron and Steel's Quick Ratio too high?
Vedanta Iron and Steel's current Quick Ratio of 0.18 is 14% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.57. The Steel industry median Quick Ratio is 1.01. Vedanta Iron and Steel's value of 0.18 is 82.1% below this industry median. Based on the distribution chart, Vedanta Iron and Steel ranks #608 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Vedanta Iron and Steel has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Vedanta Iron and Steel's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Vedanta Iron and Steel ranks #608 out of 634 companies for Quick Ratio. This places Vedanta Iron and Steel in the lower half of its industry. The industry median Quick Ratio is 1.01. Vedanta Iron and Steel's value of 0.18 is 82.1% below this benchmark. Historically, Vedanta Iron and Steel's own Quick Ratio has ranged from 0.18 to 0.57 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 1.01, Vedanta Iron and Steel 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 1.01, 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. Vedanta Iron and Steel's current Quick Ratio of 0.18 is 82.1% 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 Vedanta Iron and Steel and its competitors. For the Steel industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vedanta Iron and Steel's current Quick Ratio is 0.18, which is 14% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vedanta Iron and Steel stock overvalued right now?
Vedanta Iron and Steel (NSE:VISL) has a current Quick Ratio of 0.18. The current Quick Ratio is 0.18, which is 14% below median its 10-year median of 0.21 and 82.1% below the Steel industry median of 1.01. Vedanta Iron and Steel's overall GF Score™ is 2/100 with 7 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 Vedanta Iron and Steel (NSE:VISL), the current Quick Ratio is 0.18 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.

Vedanta Iron and Steel Business Description

Other Exchanges 544784:India
Address Sesa Ghor, 20 EDC Complex, Patto Panaji, GA, IND, 403 001
Vedanta Iron and Steel Ltd is a ferrous-resource company supplying the materials that underpin modern economies. Its products are Iron Ore, Met Coke, Pig Iron, and Steel & VAP. Along with its subsidiary, it engaged in supplying essential materials that power infrastructure, manufacturing, and nation-building across geographies. Its operations span India and Africa. The group focuses on iron ore exploration, mining, and processing in India and West Africa, alongside the production of high-quality steel, wire rods, TMT bars, pig iron, Ductile Iron (DI) Pipes, Ferro-silicon, cement, and metallurgical coke.
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