PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA) Current Ratio: 0.12 (As of Sep. 2019) — 14% Below Median


What is PT Arpeni Pratama Ocean Line Tbk Current Ratio?

PT Arpeni Pratama Ocean Line Tbk FRA:A5DA Current Ratio is 0.12 as of Sep. 2019, which is 14% below its 10-year median of 0.14. The stock has 5 warning signs investors should review.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. PT Arpeni Pratama Ocean Line Tbk's current ratio for the quarter that ended in Sep. 2019 was 0.12.

PT Arpeni Pratama Ocean Line Tbk has a current ratio of 0.12. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If PT Arpeni Pratama Ocean Line Tbk has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for PT Arpeni Pratama Ocean Line Tbk's Current Ratio or its related term are showing as below:

FRA:A5DA' s Current Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.14   Max: 1.73
Current: 0.12

During the past 12 years, PT Arpeni Pratama Ocean Line Tbk's highest Current Ratio was 1.73. The lowest was 0.03. And the median was 0.14.

FRA:A5DA's Current Ratio is not ranked
in the Transportation industry.
Industry Median: 1.47 vs FRA:A5DA: 0.12

PT Arpeni Pratama Ocean Line Tbk  (FRA:A5DA) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


PT Arpeni Pratama Ocean Line Tbk Current Ratio Related Terms


PT Arpeni Pratama Ocean Line Tbk Current Ratio Historical Data

* Premium members only.

The historical data trend for PT Arpeni Pratama Ocean Line Tbk's Current 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 Arpeni Pratama Ocean Line Tbk Current Ratio Chart

PT Arpeni Pratama Ocean Line Tbk Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.04 0.03 0.05 0.04

PT Arpeni Pratama Ocean Line Tbk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Current 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 Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.05 0.14 0.12

PT Arpeni Pratama Ocean Line Tbk Current Ratio Competitor Comparison

For the Marine Shipping subindustry, PT Arpeni Pratama Ocean Line Tbk's Current Ratio, along with its competitors' market caps and Current 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 Arpeni Pratama Ocean Line Tbk Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, PT Arpeni Pratama Ocean Line Tbk's Current Ratio distribution charts can be found below:

* The bar in red indicates where PT Arpeni Pratama Ocean Line Tbk's Current Ratio falls into.



PT Arpeni Pratama Ocean Line Tbk Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

PT Arpeni Pratama Ocean Line Tbk's Current Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Current Ratio (A: Dec. 2018 )=Total Current Assets (A: Dec. 2018 )/Total Current Liabilities (A: Dec. 2018 )
=17.959/413.512
=0.04

PT Arpeni Pratama Ocean Line Tbk's Current Ratio for the quarter that ended in Sep. 2019 is calculated as

Current Ratio (Q: Sep. 2019 )=Total Current Assets (Q: Sep. 2019 )/Total Current Liabilities (Q: Sep. 2019 )
=24.312/198.72
=0.12

* 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 Current Ratio →
What does a Current Ratio of 0.12 mean?
PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA) has a Current Ratio of 0.12 as of Sep. 2019. This is 14% below median its historical median of 0.14. Over the past decade, PT Arpeni Pratama Ocean Line Tbk's Current Ratio has ranged from 0.03 to 1.73.
Is PT Arpeni Pratama Ocean Line Tbk's Current Ratio too high?
PT Arpeni Pratama Ocean Line Tbk's current Current Ratio of 0.12 is 14% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.73. The Transportation industry median Current Ratio is 1.47. PT Arpeni Pratama Ocean Line Tbk's value of 0.12 is 91.8% below this industry median.
How does PT Arpeni Pratama Ocean Line Tbk's Current Ratio compare to competitors?
PT Arpeni Pratama Ocean Line Tbk's Current Ratio of 0.12 can be compared against companies in the Transportation industry. The industry median Current Ratio is 1.47. PT Arpeni Pratama Ocean Line Tbk's value of 0.12 is 91.8% below this benchmark. Historically, PT Arpeni Pratama Ocean Line Tbk's own Current Ratio has ranged from 0.03 to 1.73 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 1.47, PT Arpeni Pratama Ocean Line 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 Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,001 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Arpeni Pratama Ocean Line Tbk's current Current Ratio of 0.12 is 91.8% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Arpeni Pratama Ocean Line Tbk's current Current Ratio is 0.12, which is 14% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Arpeni Pratama Ocean Line Tbk stock overvalued right now?
PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA) has a current Current Ratio of 0.12. The current Current Ratio is 0.12, which is 14% below median its 10-year median of 0.14 and 91.8% below the Transportation industry median of 1.47. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA), the current Current Ratio is 0.12 as of Sep. 2019. 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.

PT Arpeni Pratama Ocean Line Tbk Business Description

Address Jl. Abdul Muis Number 50, Gedung 50 Abdul Muis, Jakarta, IDN, 10160
PT Arpeni Pratama Ocean Line Tbk is Indonesian shipping company. The company is engaged in the domestic and international transportation of cargo by vessels, sale, and purchase of vessels. It uses its vessels for the transport of coal, iron ore, wheat, soybeans, and grains to various countries. In addition, the company also owns and operates the dry bulk fleet, including panamax bulk carriers, tugboats, barges, and floating cranes. The company operates through three segments namely, Shipping Services which also contributes a major part of revenue, Agency Services, and Non-Asset Based Busines. Most of its revenue is earned through the Indonesian market.