Steel Partners Holdings LP has a quick ratio of 1.24. It generally indicates good short-term financial strength.
The historical rank and industry rank for Steel Partners Holdings LP's Quick Ratio or its related term are showing as below:
SPLP'
s Quick Ratio Range Over the Past 10 Years
Min: 0.89 Med: 1.25 Max: 2.75
Current: 1.24
During the past 13 years, Steel Partners Holdings LP's highest Quick Ratio was 2.75. The lowest was 0.89. And the median was 1.25.
SPLP's Quick Ratio is not ranked
in the Conglomerates industry.
Industry Median: 1.19
vs SPLP: 1.24
Steel Partners Holdings LP (OTCPK:SPLP) 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 Partners Holdings LP Quick Ratio Related Terms
Steel Partners Holdings LP 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 Conglomerates subindustry, Steel Partners Holdings LP'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 Partners Holdings LP Quick Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Steel Partners Holdings LP's Quick Ratio falls into.
Steel Partners Holdings LP 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.
* 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 Partners Holdings LP (SPLP) has a Quick Ratio of 1.24 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Steel Partners Holdings LP and its competitors. This is near median its historical median of 1.25. Over the past decade, Steel Partners Holdings LP's Quick Ratio has ranged from 0.89 to 2.75.
Is Steel Partners Holdings LP's Quick Ratio too high?
Steel Partners Holdings LP's current Quick Ratio of 1.24 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 2.75. The Conglomerates industry median Quick Ratio is 1.19. Steel Partners Holdings LP's value of 1.24 is 4.2% above this industry median. Overall, Steel Partners Holdings LP has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Steel Partners Holdings LP's Quick Ratio compare to MATW and DLX?
Steel Partners Holdings LP's Quick Ratio of 1.24 can be compared against companies in the Conglomerates industry. The industry median Quick Ratio is 1.19. Steel Partners Holdings LP's value of 1.24 is 4.2% above this benchmark. Historically, Steel Partners Holdings LP's own Quick Ratio has ranged from 0.89 to 2.75 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.19, Steel Partners Holdings LP 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 Conglomerates company?
The median Quick Ratio among Conglomerates companies is 1.19, based on 561 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 Partners Holdings LP's current Quick Ratio of 1.24 is 4.2% 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 Steel Partners Holdings LP and its competitors. For the Conglomerates industry, the median Quick Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Partners Holdings LP's current Quick Ratio is 1.24, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Partners Holdings LP stock overvalued right now?
Steel Partners Holdings LP (SPLP) has a current Quick Ratio of 1.24. The stock's GF Value™ is $51.26, compared to a current price of $50.00 — trading 2.5% below its estimated fair value. The current Quick Ratio is 1.24, which is near median its 10-year median of 1.25 and 4.2% above the Conglomerates industry median of 1.19. Steel Partners Holdings LP's overall GF Score™ is 66/100 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 Steel Partners Holdings LP (SPLP), the current Quick Ratio is 1.24 as of Sep. 2025. 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 Partners Holdings LP (SPLP) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Partners Holdings LP stock appears to be undervalued.
The current stock price of $50.00 is trading 2.5% below its estimated GF Value™ of $51.26.
Key valuation signals for SPLP:
Quick Ratio: 1.24 (near median its 10-year median of 1.25)
GF Value™: $51.26 vs. price of $50.00 (2.5% below fair value)
Industry Position: 4.2% above the Conglomerates median
No single metric tells the full story. See the SPLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. Its segments include the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, joining materials, tubing, building materials, performance materials etc; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in full range of banking activities; The Supply Chain segment consists of end-to-end world-wide supply; and Corporate and Other consists of equity method and other investments, and cash and cash equivalents.
66GF Score
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