PT Leyand International Tbk has a Cash Ratio of 0.21. 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 Leyand International Tbk's Cash Ratio or its related term are showing as below:
ISX:LAPD'
s Cash Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.26 Max: 0.3
Current: 0.21
During the past 13 years, PT Leyand International Tbk's highest Cash Ratio was 0.30. The lowest was 0.21. And the median was 0.26.
* 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.
Competitive Comparison of PT Leyand International Tbk's Cash Ratio
For the Utilities - Independent Power Producers subindustry, PT Leyand International 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 Leyand International Tbk's Cash Ratio Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PT Leyand International Tbk's Cash Ratio distribution charts can be found below:
* The bar in red indicates where PT Leyand International Tbk's Cash Ratio falls into.
* 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 Leyand International Tbk (ISX:LAPD) 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 Leyand International Tbk Cash Ratio Related Terms
Thank you for viewing the detailed overview of PT Leyand International Tbk's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Leyand International Tbk is engaged in the power plant and energy industry in Medan, Palembang, and Pontianak. Its activities include power plant management; gas, oil, and fuel trade and distribution, and provision of consulting services. The company and subsidiaries' segment operations have been classified into the main business operation of Electricity sales and Genset rent. It derives the majority of its revenues from Electricity sales. The group's customer is located in Indonesia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ISX:LAPD has been successfully added to your 