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. Olympic Steel's quick ratio for the quarter that ended in Sep. 2025 was 1.17.
Olympic Steel has a quick ratio of 1.17. It generally indicates good short-term financial strength.
The historical rank and industry rank for Olympic Steel's Quick Ratio or its related term are showing as below:
ZEUS'
s Quick Ratio Range Over the Past 10 Years
Min: 1.05 Med: 1.38 Max: 1.95
Current: 1.17
During the past 13 years, Olympic Steel's highest Quick Ratio was 1.95. The lowest was 1.05. And the median was 1.38.
ZEUS's Quick Ratio is not ranked
in the Steel industry.
Industry Median: 1.02
vs ZEUS: 1.17
Olympic Steel (NAS:ZEUS) 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.
Olympic Steel Quick Ratio Related Terms
Olympic Steel Quick Ratio Historical Data
* Premium members only.
The historical data trend for Olympic 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.
For the Steel subindustry, Olympic 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.
Olympic Steel Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Olympic Steel's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Olympic Steel'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.
Olympic Steel's Quick Ratio for the fiscal year that ended in Dec. 2024 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.
Olympic Steel (ZEUS) has a Quick Ratio of 1.17 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Olympic Steel and its competitors. This is 15% below median its historical median of 1.38. Over the past decade, Olympic Steel's Quick Ratio has ranged from 1.05 to 1.95.
Is Olympic Steel's Quick Ratio too high?
Olympic Steel's current Quick Ratio of 1.17 is 15% below median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 1.95. The Steel industry median Quick Ratio is 1.02. Olympic Steel's value of 1.17 is 14.7% above this industry median. Overall, Olympic Steel has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Olympic Steel's Quick Ratio compare to MSB and NWPX?
Olympic Steel's Quick Ratio of 1.17 can be compared against companies in the Steel industry. The industry median Quick Ratio is 1.02. Olympic Steel's value of 1.17 is 14.7% above this benchmark. Historically, Olympic Steel's own Quick Ratio has ranged from 1.05 to 1.95 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 1.02, Olympic Steel 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. Olympic Steel's current Quick Ratio of 1.17 is 14.7% 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 Olympic Steel 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. Olympic Steel's current Quick Ratio is 1.17, which is 15% below median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympic Steel stock overvalued right now?
Olympic Steel (ZEUS) has a current Quick Ratio of 1.17. The stock's GF Value™ is $36.41, compared to a current price of $47.86 — trading 31.4% above its estimated fair value. The current Quick Ratio is 1.17, which is 15% below median its 10-year median of 1.38 and 14.7% above the Steel industry median of 1.02. Olympic Steel's overall GF Score™ is 58/100 with 8 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 Olympic Steel (ZEUS), the current Quick Ratio is 1.17 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 Olympic Steel (ZEUS) Overvalued in 2026?
Based on GuruFocus' analysis, Olympic Steel stock appears to be overvalued.
The current stock price of $47.86 is trading 31.4% above its estimated GF Value™ of $36.41.
Key valuation signals for ZEUS:
Quick Ratio: 1.17 (15% below median its 10-year median of 1.38)
GF Value™: $36.41 vs. price of $47.86 (31.4% above fair value)
No single metric tells the full story. See the ZEUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.
58GF Score
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