Steel Dynamics Inc (STLD)
Cash ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 769,878 | 589,464 | 1,400,890 | 1,628,420 | 1,243,870 |
| Short-term investments | US$ in thousands | — | 147,811 | 721,210 | 628,215 | 351 |
| Total current liabilities | US$ in thousands | 2,122,250 | 2,150,580 | 2,332,300 | 2,032,300 | 2,227,370 |
| Cash ratio | 0.36 | 0.34 | 0.91 | 1.11 | 0.56 |
December 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($769,878K
+ $—K)
÷ $2,122,250K
= 0.36
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash ratio
Steel Dynamics Inc
STLD
0.36
Commercial Metals Company
CMC
0.83
Nucor Corp
NUE
0.67