PT Lenox Pasifik Investama Tbk has a Cash Ratio of 1,972.19. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for PT Lenox Pasifik Investama Tbk's Cash Ratio or its related term are showing as below:
ISX:LPPS'
s Cash Ratio Range Over the Past 10 Years
Min: 2.5 Med: 592.24 Max: 12815.16
Current: 1972.19
During the past 13 years, PT Lenox Pasifik Investama Tbk's highest Cash Ratio was 12815.16. The lowest was 2.50. And the median was 592.24.
ISX:LPPS's Cash Ratio is ranked better than 99.54% of 654
companies
in the Capital Markets industry
Industry Median: 0.965
vs ISX:LPPS: 1972.19
PT Lenox Pasifik Investama Tbk Cash Ratio Historical Data
* 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 Lenox Pasifik Investama Tbk's Cash Ratio
For the Capital Markets subindustry, PT Lenox Pasifik Investama 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 Lenox Pasifik Investama Tbk's Cash Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, PT Lenox Pasifik Investama Tbk's Cash Ratio distribution charts can be found below:
* The bar in red indicates where PT Lenox Pasifik Investama Tbk's Cash Ratio falls into.
PT Lenox Pasifik Investama 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.
* 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 Lenox Pasifik Investama Tbk (ISX:LPPS) 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 Lenox Pasifik Investama Tbk Cash Ratio Related Terms
Thank you for viewing the detailed overview of PT Lenox Pasifik Investama Tbk's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Lenox Pasifik Investama Tbk (ISX:LPPS) Business Description
PT Lenox Pasifik Investama Tbk is engaged in the service sector carrying out activities such as holding companies and other management consulting activities. The company is divided into segments, namely, management consulting activities and investment income. The holding company activities of the company involve doing activities as a holding company and other management consultation activities involve providing advisory services, guidance, and business operations and other organizational and management issues, such as planning strategies and organizations; decisions relating to finance; marketing objectives, and policies; human resource planning, practices, and policies; planning production scheduling and controlling.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ISX:LPPS has been successfully added to your 