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PT Merdeka Battery Materials Tbk has a Cash Ratio of 0.52. 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 Merdeka Battery Materials Tbk's Cash Ratio or its related term are showing as below:
ISX:MBMA'
s Cash Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.64 Max: 1.7
Current: 0.52
During the past 7 years, PT Merdeka Battery Materials Tbk's highest Cash Ratio was 1.70. The lowest was 0.32. And the median was 0.64.
ISX:MBMA's Cash Ratio is ranked worse than 70.31% of 2573
companies
in the Metals & Mining industry
Industry Median: 1.83
vs ISX:MBMA: 0.52
PT Merdeka Battery Materials Tbk (ISX:MBMA) 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 Merdeka Battery Materials Tbk Cash Ratio Related Terms
PT Merdeka Battery Materials 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.
For the Other Precious Metals & Mining subindustry, PT Merdeka Battery Materials 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 Merdeka Battery Materials Tbk Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Merdeka Battery Materials Tbk's Cash Ratio distribution charts can be found below:
* The bar in red indicates where PT Merdeka Battery Materials 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 Merdeka Battery Materials Tbk (ISX:MBMA) has a Cash Ratio of 0.52 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on PT Merdeka Battery Materials Tbk and its competitors. This is 19% below median its historical median of 0.64. Over the past decade, PT Merdeka Battery Materials Tbk's Cash Ratio has ranged from 0.32 to 1.70. According to the industry distribution chart, PT Merdeka Battery Materials Tbk ranks #1809 out of 2573 companies in the Metals & Mining industry, placing it in the top 70.3%.
Is PT Merdeka Battery Materials Tbk's Cash Ratio too high?
PT Merdeka Battery Materials Tbk's current Cash Ratio of 0.52 is 19% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.70. The Metals & Mining industry median Cash Ratio is 1.83. PT Merdeka Battery Materials Tbk's value of 0.52 is 71.6% below this industry median. Based on the distribution chart, PT Merdeka Battery Materials Tbk ranks #1809 out of 2573 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, PT Merdeka Battery Materials Tbk has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Battery Materials Tbk's Cash Ratio compare to HL?
According to the Metals & Mining industry distribution chart, PT Merdeka Battery Materials Tbk ranks #1809 out of 2573 companies for Cash Ratio. This places PT Merdeka Battery Materials Tbk in the lower half of its industry. The industry median Cash Ratio is 1.83. PT Merdeka Battery Materials Tbk's value of 0.52 is 71.6% below this benchmark. Historically, PT Merdeka Battery Materials Tbk's own Cash Ratio has ranged from 0.32 to 1.70 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 1.83, PT Merdeka Battery Materials Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Metals & Mining company?
The median Cash Ratio among Metals & Mining companies is 1.83, based on 2,573 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Merdeka Battery Materials Tbk's current Cash Ratio of 0.52 is 71.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on PT Merdeka Battery Materials Tbk and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merdeka Battery Materials Tbk's current Cash Ratio is 0.52, which is 19% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Battery Materials Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk (ISX:MBMA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp857.37, compared to a current price of Rp550.00 — trading 35.9% below its estimated fair value. The current Cash Ratio is 0.52, which is 19% below median its 10-year median of 0.64 and 71.6% below the Metals & Mining industry median of 1.83. PT Merdeka Battery Materials Tbk's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For PT Merdeka Battery Materials Tbk (ISX:MBMA), the current Cash Ratio is 0.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PT Merdeka Battery Materials Tbk (ISX:MBMA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk stock appears to be undervalued.
The current stock price of Rp550.00 is trading 35.9% below its estimated GF Value™ of Rp857.37.
GuruFocus considers PT Merdeka Battery Materials Tbk to be Significantly Undervalued.
Key valuation signals for ISX:MBMA:
Cash Ratio: 0.52 (19% below median its 10-year median of 0.64)
GF Value™: Rp857.37 vs. price of Rp550.00 (35.9% below fair value)
Industry Position: 71.6% below the Metals & Mining median (#1809 of 2573)
No single metric tells the full story. See the ISX:MBMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Merdeka Battery Materials Tbk is an integrated battery materials and nickel processing company focused on the electric vehicle (EV) battery value chain in Indonesia. The company engages in nickel mining, smelting, and downstream battery material processing activities. Its business operations include the SCM Mine, RKEF smelters, Nickel Matte operations, AIM Project, IKIP industrial area development, and HPAL projects. The company operates through Mining, Manufacturing, and Other segments, with the majority of revenue generated from the Manufacturing segment.
53GF Score
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