PT Multi Spunindo Jaya Tbk (ISX:MSJA) Cash Ratio: 0.68 (As of Jun. 2026) — 28% Below Median

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ISX:MSJA PT Multi Spunindo Jaya Tbk ISX:MSJA
57 GF Score
Price Rp442.00
GF Value Rp344.32
Valuation Modestly Overvalued
! 7 Warning Signs
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What is PT Multi Spunindo Jaya Tbk Cash Ratio?

PT Multi Spunindo Jaya Tbk ISX:MSJA +2.31% 57 Cash Ratio is 0.68 as of Jun. 2026, which is 28% below its 10-year median of 0.95. GuruFocus rates ISX:MSJA with a GF Score™ of 57/100 and a GF Value™ of Rp344.32 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,009 Manufacturing - Apparel & Accessories companies, PT Multi Spunindo Jaya Tbk ranks better than 67.59% on this metric.

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 Multi Spunindo Jaya Tbk's Cash Ratio for the quarter that ended in Jun. 2026 was 0.68.

PT Multi Spunindo Jaya Tbk has a Cash Ratio of 0.68. 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 Multi Spunindo Jaya Tbk's Cash Ratio or its related term are showing as below:

ISX:MSJA' s Cash Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.95   Max: 1.46
Current: 0.68

During the past 6 years, PT Multi Spunindo Jaya Tbk's highest Cash Ratio was 1.46. The lowest was 0.24. And the median was 0.95.

ISX:MSJA's Cash Ratio is ranked better than
67.59% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.35 vs ISX:MSJA: 0.68

PT Multi Spunindo Jaya Tbk  (ISX:MSJA) 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 Multi Spunindo Jaya Tbk Cash Ratio Related Terms


PT Multi Spunindo Jaya Tbk Cash Ratio Historical Data

* Premium members only.

The historical data trend for PT Multi Spunindo Jaya 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.

PT Multi Spunindo Jaya Tbk Cash Ratio Chart

PT Multi Spunindo Jaya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial 0.36 0.56 0.81 1.38 1.41

PT Multi Spunindo Jaya Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash 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 0.92 0.95 1.41 1.46 0.68

ISX:MSJA vs AIN: Cash Ratio Comparison

For the Textile Manufacturing subindustry, PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk Cash Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Multi Spunindo Jaya Tbk's Cash Ratio distribution charts can be found below:

* The bar in red indicates where PT Multi Spunindo Jaya Tbk's Cash Ratio falls into.


ISX:MSJA
57GF Score
PT Multi Spunindo Jaya Tbk ISX:MSJA
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=316265.891/224877.913
=1.41

PT Multi Spunindo Jaya Tbk's Cash Ratio for the quarter that ended in Jun. 2026 is calculated as:

Cash Ratio (Q: Jun. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=202552.829/298140.563
=0.68

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.68 mean?
PT Multi Spunindo Jaya Tbk (ISX:MSJA) has a Cash Ratio of 0.68 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on PT Multi Spunindo Jaya Tbk and its competitors. This is 28% below median its historical median of 0.95. Over the past decade, PT Multi Spunindo Jaya Tbk's Cash Ratio has ranged from 0.24 to 1.46. According to the industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #327 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.4%.
Is PT Multi Spunindo Jaya Tbk's Cash Ratio too high?
PT Multi Spunindo Jaya Tbk's current Cash Ratio of 0.68 is 28% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.46. The Manufacturing - Apparel & Accessories industry median Cash Ratio is 0.35. PT Multi Spunindo Jaya Tbk's value of 0.68 is 94.3% above this industry median. Based on the distribution chart, PT Multi Spunindo Jaya Tbk ranks #327 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PT Multi Spunindo Jaya Tbk has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multi Spunindo Jaya Tbk's Cash Ratio compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #327 out of 1009 companies for Cash Ratio. This puts PT Multi Spunindo Jaya Tbk in the upper half of its industry. The industry median Cash Ratio is 0.35. PT Multi Spunindo Jaya Tbk's value of 0.68 is 94.3% above this benchmark. Historically, PT Multi Spunindo Jaya Tbk's own Cash Ratio has ranged from 0.24 to 1.46 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.35, PT Multi Spunindo Jaya Tbk has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Cash Ratio among Manufacturing - Apparel & Accessories companies is 0.35, based on 1,009 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 Multi Spunindo Jaya Tbk's current Cash Ratio of 0.68 is 94.3% above 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 Multi Spunindo Jaya Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Spunindo Jaya Tbk's current Cash Ratio is 0.68, which is 28% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Spunindo Jaya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multi Spunindo Jaya Tbk (ISX:MSJA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp344.32, compared to a current price of Rp442.00 — trading 28.4% above its estimated fair value. The current Cash Ratio is 0.68, which is 28% below median its 10-year median of 0.95 and 94.3% above the Manufacturing - Apparel & Accessories industry median of 0.35. PT Multi Spunindo Jaya Tbk's overall GF Score™ is 57/100 with 7 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 Multi Spunindo Jaya Tbk (ISX:MSJA), the current Cash Ratio is 0.68 as of Jun. 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 Multi Spunindo Jaya Tbk (ISX:MSJA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multi Spunindo Jaya Tbk stock appears to be overvalued. The current stock price of Rp442.00 is trading 28.4% above its estimated GF Value™ of Rp344.32. GuruFocus considers PT Multi Spunindo Jaya Tbk to be Modestly Overvalued.

Key valuation signals for ISX:MSJA:

  • Cash Ratio: 0.68 (28% below median its 10-year median of 0.95)
  • GF Value™: Rp344.32 vs. price of Rp442.00 (28.4% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 94.3% above the Manufacturing - Apparel & Accessories median (#327 of 1009)

No single metric tells the full story. See the ISX:MSJA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Multi Spunindo Jaya Tbk Business Description

Address Desa Jabaran, Kec. Belongbendo, Krian, Sidoarjo, Jawa Timur, IDN, 61263
PT Multi Spunindo Jaya Tbk is engaged in nonwoven industry on a business to business (B2B) basis. It produces nonwoven sheet products which are then used as a raw material for finished products in various sectors starting from the health sector (sanitary napkins, diapers, masks, and others) to the construction and agricultural sectors. It has two segments Local and Export. Geographically, it operates in Indonesia.
57GF Score

Get the complete analysis for ISX:MSJA

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp442.00
Price
Rp344.32
GF Value