GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Krida Jaringan Nusantara Tbk (ISX:KJEN) » Definitions » Cash Ratio

PT Krida Jaringan Nusantara Tbk (ISX:KJEN) Cash Ratio : 0.00 (As of . 20)


View and export this data going back to 2019. Start your Free Trial

What is PT Krida Jaringan Nusantara Tbk Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. PT Krida Jaringan Nusantara Tbk's Cash Ratio for the quarter that ended in . 20 was 0.00.

PT Krida Jaringan Nusantara Tbk has a Cash Ratio of 0.00. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for PT Krida Jaringan Nusantara Tbk's Cash Ratio or its related term are showing as below:

ISX:KJEN's Cash Ratio is not ranked *
in the Transportation industry.
Industry Median: 0.55
* Ranked among companies with meaningful Cash Ratio only.

PT Krida Jaringan Nusantara Tbk Cash Ratio Historical Data

The historical data trend for PT Krida Jaringan Nusantara Tbk's Cash 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 Krida Jaringan Nusantara Tbk Cash Ratio Chart

PT Krida Jaringan Nusantara Tbk Annual Data
Trend
Cash Ratio

PT Krida Jaringan Nusantara Tbk Semi-Annual Data
Cash Ratio

Competitive Comparison of PT Krida Jaringan Nusantara Tbk's Cash Ratio

For the Integrated Freight & Logistics subindustry, PT Krida Jaringan Nusantara Tbk's Cash Ratio, along with its competitors' market caps and Cash 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 Krida Jaringan Nusantara Tbk's Cash Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Krida Jaringan Nusantara Tbk's Cash Ratio distribution charts can be found below:

* The bar in red indicates where PT Krida Jaringan Nusantara Tbk's Cash Ratio falls into.



PT Krida Jaringan Nusantara Tbk Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

PT Krida Jaringan Nusantara Tbk's Cash Ratio for the fiscal year that ended in . 20 is calculated as:

PT Krida Jaringan Nusantara Tbk's Cash Ratio for the quarter that ended in . 20 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.


PT Krida Jaringan Nusantara Tbk  (ISX:KJEN) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


PT Krida Jaringan Nusantara Tbk Cash Ratio Related Terms

Thank you for viewing the detailed overview of PT Krida Jaringan Nusantara Tbk's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Krida Jaringan Nusantara Tbk (ISX:KJEN) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kramat VI No. 2, RT.1/RW1 Kelurahan Kenari, Kecamatan Senen, Jakarta Pusat, IDN, 10430
PT Krida Jaringan Nusantara Tbk operates as a logistics company. The Company runs a business in the field of courier services, courier agents, transportation, and warehousing/storage. The company is engaged in document and package delivery services and moving services. The company delivers documents for various types of industries such as banking, insurance, and telecommunications operators. The company provides other services including loading, unloading, packing, unpacking, trucking, positioning, and repositioning.

PT Krida Jaringan Nusantara Tbk (ISX:KJEN) Headlines

No Headlines