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PT Dian Swastatika Sentosa Tbk (ISX:DSSA) Quick Ratio : 1.55 (As of Dec. 2023)


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What is PT Dian Swastatika Sentosa Tbk Quick Ratio?

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. PT Dian Swastatika Sentosa Tbk's quick ratio for the quarter that ended in Dec. 2023 was 1.55.

PT Dian Swastatika Sentosa Tbk has a quick ratio of 1.55. It generally indicates good short-term financial strength.

The historical rank and industry rank for PT Dian Swastatika Sentosa Tbk's Quick Ratio or its related term are showing as below:

ISX:DSSA' s Quick Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.46   Max: 1.71
Current: 1.55

During the past 13 years, PT Dian Swastatika Sentosa Tbk's highest Quick Ratio was 1.71. The lowest was 1.10. And the median was 1.46.

ISX:DSSA's Quick Ratio is ranked better than
51.67% of 180 companies
in the Other Energy Sources industry
Industry Median: 1.525 vs ISX:DSSA: 1.55

PT Dian Swastatika Sentosa Tbk Quick Ratio Historical Data

The historical data trend for PT Dian Swastatika Sentosa Tbk'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.

* Premium members only.

PT Dian Swastatika Sentosa Tbk Quick Ratio Chart

PT Dian Swastatika Sentosa Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.43 1.58 1.19 1.55

PT Dian Swastatika Sentosa Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.50 1.60 1.52 1.55

Competitive Comparison of PT Dian Swastatika Sentosa Tbk's Quick Ratio

For the Thermal Coal subindustry, PT Dian Swastatika Sentosa Tbk'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.


PT Dian Swastatika Sentosa Tbk's Quick Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Dian Swastatika Sentosa Tbk's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PT Dian Swastatika Sentosa Tbk's Quick Ratio falls into.



PT Dian Swastatika Sentosa Tbk 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.

PT Dian Swastatika Sentosa Tbk's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(21316309.966-1569795.137)/12728476.576
=1.55

PT Dian Swastatika Sentosa Tbk's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(21316309.966-1569795.137)/12728476.576
=1.55

* 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.


PT Dian Swastatika Sentosa Tbk  (ISX:DSSA) 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.


PT Dian Swastatika Sentosa Tbk Quick Ratio Related Terms

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PT Dian Swastatika Sentosa Tbk (ISX:DSSA) Business Description

Traded in Other Exchanges
N/A
Address
Jl. M.H Thamrin No. 51, Tower II, 24th Floor, Sinar Mas Land Plaza, Central Jakarta, Jakarta, IDN, 10350
PT Dian Swastatika Sentosa Tbk is engaged in coal mining and trading. The company conducts its business activities through various segments such as the supply of steam and electricity, Cable TV and Internet, coal mining and trading and Others. The business activity of the group can be seen in the geographical region of Indonesia, China, India, Thailand, Korea and Others.

PT Dian Swastatika Sentosa Tbk (ISX:DSSA) Headlines

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