STLD Quick Ratio Analysis
Updated 361h ago·SEC filings & market data
Key Takeaway
The quick ratio measures a company’s ability to pay short-term liabilities using its most liquid assets; STLD’s current ratio of 1.20x means it has $1.20 in liquid assets for every $1 of current liabilities.
Sector Performance
78th percentileSTLD
1.20x
Sector Median
0.71x
Sector Avg
3.04x
Deep Analysis
The quick ratio measures a company’s ability to pay short-term liabilities using its most liquid assets; STLD’s current ratio of 1.20x means it has $1.20 in liquid assets for every $1 of current liabilities.
This sits well above the sector median of 0.72x, placing STLD in the 77th percentile among peers, indicating stronger short-term liquidity than most competitors. Trend data is unavailable: both year-over-year and quarter-over-quarter changes are listed as N/A, and no historical trend can be assessed from the single reported value. Without a trend direction, the combination of an above-average quick ratio level alone suggests a conservative liquidity position, which typically reduces near-term financial risk but does not signal a growth opportunity. This metric supports the overall NEUTRAL verdict — the strong liquidity relative to peers is positive, but the absence of trend data leaves no reason to shift from a balanced view.
Frequently Asked Questions
What does the Quick Ratio tell investors about STLD?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
Who are STLD's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: WM (0.69x), CHD (0.76x), IRM (0.63x), HIMS (0.60x), WMB (0.59x).
Learn More About Quick Ratio
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
Master STLD's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full STLD research report →STLD
1.20x
Sector Median
0.71x
Sector Avg
3.04x
How STLD's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.