USDMY's Quick Ratio is ranked better than 82.45% of 638
companies
in the Steel industry
Industry Median: 1.02
vs USDMY: 2.96
Usinas Siderurgicas de Minas Gerais (OTCPK:USDMY) 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.
Usinas Siderurgicas de Minas Gerais Quick Ratio Related Terms
Usinas Siderurgicas de Minas Gerais 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.
Usinas Siderurgicas de Minas Gerais Quick Ratio Chart
For the Steel subindustry, Usinas Siderurgicas de Minas Gerais'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.
Usinas Siderurgicas de Minas Gerais Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Quick Ratio falls into.
Usinas Siderurgicas de Minas Gerais 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.
Usinas Siderurgicas de Minas Gerais (USDMY) has a Quick Ratio of 2.96 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. This is 53% above median its historical median of 1.94. Over the past decade, Usinas Siderurgicas de Minas Gerais' Quick Ratio has ranged from 0.76 to 2.96. According to the industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #112 out of 638 companies in the Steel industry, placing it in the top 17.6%.
Is Usinas Siderurgicas de Minas Gerais' Quick Ratio too high?
Usinas Siderurgicas de Minas Gerais' current Quick Ratio of 2.96 is 53% above median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 2.96. The Steel industry median Quick Ratio is 1.02. Usinas Siderurgicas de Minas Gerais' value of 2.96 is 190.2% above this industry median. Based on the distribution chart, Usinas Siderurgicas de Minas Gerais ranks #112 out of 638 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #112 out of 638 companies for Quick Ratio. This places Usinas Siderurgicas de Minas Gerais in the top 18% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Usinas Siderurgicas de Minas Gerais' value of 2.96 is 190.2% above this benchmark. Historically, Usinas Siderurgicas de Minas Gerais' own Quick Ratio has ranged from 0.76 to 2.96 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 1.02, Usinas Siderurgicas de Minas Gerais 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 638 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. Usinas Siderurgicas de Minas Gerais's current Quick Ratio of 2.96 is 190.2% 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 Usinas Siderurgicas de Minas Gerais 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. Usinas Siderurgicas de Minas Gerais's current Quick Ratio is 2.96, which is 53% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usinas Siderurgicas de Minas Gerais stock overvalued right now?
Usinas Siderurgicas de Minas Gerais (USDMY) has a current Quick Ratio of 2.96. The stock's GF Value™ is $18.50, compared to a current price of $26.23 — trading 41.8% above its estimated fair value. The current Quick Ratio is 2.96, which is 53% above median its 10-year median of 1.94 and 190.2% above the Steel industry median of 1.02. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 60/100 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 Usinas Siderurgicas de Minas Gerais (USDMY), the current Quick Ratio is 2.96 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 Usinas Siderurgicas de Minas Gerais (USDMY) Overvalued in 2026?
Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais stock appears to be overvalued.
The current stock price of $26.23 is trading 41.8% above its estimated GF Value™ of $18.50.
Key valuation signals for USDMY:
Quick Ratio: 2.96 (53% above median its 10-year median of 1.94)
GF Value™: $18.50 vs. price of $26.23 (41.8% above fair value)
Industry Position: 190.2% above the Steel median (#112 of 638)
No single metric tells the full story. See the USDMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Usinas Siderurgicas de Minas Gerais Business Description
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company engaged in producing and distributing flat steel products. The company's product portfolio comprises ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the export destination markets for the company.
60GF Score
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