PT Borneo Olahrana Sukses Tbk (ISX:BOSS) Current Ratio: 0.58 (As of Sep. 2023)


ISX:BOSS PT Borneo Olah Sarana Sukses Tbk ISX:BOSS
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What is PT Borneo Olahrana Sukses Tbk Current Ratio?

PT Borneo Olahrana Sukses Tbk ISX:BOSS 4 Current Ratio is 0.58 as of Sep. 2023. GuruFocus rates ISX:BOSS with a GF Score™ of 4/100.

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 Borneo Olahrana Sukses Tbk's current ratio for the quarter that ended in Sep. 2023 was 0.58.

PT Borneo Olahrana Sukses Tbk has a current ratio of 0.58. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If PT Borneo Olahrana Sukses 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 Borneo Olahrana Sukses Tbk's Current Ratio or its related term are showing as below:

ISX:BOSS's Current Ratio is not ranked *
in the Other Energy Sources industry.
Industry Median: 1.88
* Ranked among companies with meaningful Current Ratio only.

PT Borneo Olahrana Sukses Tbk  (ISX:BOSS) 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 Borneo Olahrana Sukses Tbk Current Ratio Related Terms


PT Borneo Olahrana Sukses Tbk Current Ratio Historical Data

* Premium members only.

The historical data trend for PT Borneo Olahrana Sukses 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 Borneo Olahrana Sukses Tbk Current Ratio Chart

PT Borneo Olahrana Sukses Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Current Ratio
Get a 7-Day Free Trial Premium Member Only 0.78 1.45 0.58 0.59 0.85

PT Borneo Olahrana Sukses Tbk Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 1.04 1.38 0.85 1.16 0.58

PT Borneo Olahrana Sukses Tbk Current Ratio Competitor Comparison

For the Thermal Coal subindustry, PT Borneo Olahrana Sukses 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 Borneo Olahrana Sukses Tbk Current Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Borneo Olahrana Sukses Tbk's Current Ratio distribution charts can be found below:

* The bar in red indicates where PT Borneo Olahrana Sukses Tbk's Current Ratio falls into.


ISX:BOSS
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PT Borneo Olah Sarana Sukses Tbk ISX:BOSS
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Borneo Olahrana Sukses 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 Borneo Olahrana Sukses Tbk's Current Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Current Ratio (A: Dec. 2022 )=Total Current Assets (A: Dec. 2022 )/Total Current Liabilities (A: Dec. 2022 )
=298637.575/349739.377
=0.85

PT Borneo Olahrana Sukses Tbk's Current Ratio for the quarter that ended in Sep. 2023 is calculated as

Current Ratio (Q: Sep. 2023 )=Total Current Assets (Q: Sep. 2023 )/Total Current Liabilities (Q: Sep. 2023 )
=255247.879/440509.413
=0.58

* 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 0.58 mean?
PT Borneo Olahrana Sukses Tbk (ISX:BOSS) has a Current Ratio of 0.58 as of Sep. 2023.
Is PT Borneo Olahrana Sukses Tbk's Current Ratio too high?
PT Borneo Olahrana Sukses Tbk's current Current Ratio is 0.58. The Other Energy Sources industry median Current Ratio is 1.88. PT Borneo Olahrana Sukses Tbk's value of 0.58 is 69.1% below this industry median. Overall, PT Borneo Olahrana Sukses Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Borneo Olahrana Sukses Tbk's Current Ratio compare to competitors?
PT Borneo Olahrana Sukses Tbk's Current Ratio of 0.58 can be compared against companies in the Other Energy Sources industry. The industry median Current Ratio is 1.88. PT Borneo Olahrana Sukses Tbk's value of 0.58 is 69.1% below this benchmark. 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 an Other Energy Sources company?
The median Current Ratio among Other Energy Sources companies is 1.88, based on 184 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 Borneo Olahrana Sukses Tbk's current Current Ratio of 0.58 is 69.1% 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 Other Energy Sources industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Borneo Olahrana Sukses Tbk's current Current Ratio is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Borneo Olahrana Sukses Tbk stock overvalued right now?
PT Borneo Olahrana Sukses Tbk (ISX:BOSS) has a current Current Ratio of 0.58. The current Current Ratio is 0.58 and 69.1% below the Other Energy Sources industry median of 1.88. PT Borneo Olahrana Sukses Tbk's overall GF Score™ is 4/100. 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 Borneo Olahrana Sukses Tbk (ISX:BOSS), the current Current Ratio is 0.58 as of Sep. 2023. 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 Borneo Olahrana Sukses Tbk Business Description

Address Wisma 77 Building, Tower 1, 8th Floor, Letjen S Parman No. 77, West Jakarta, Jakarta, IDN, 11410
PT Borneo Olah Sarana Sukses Tbk is engaged in the mining field. Its business activities include transportation and sale of minerals and coal. It is also engaged in the purchase of mineral and coal mining commodity products from the holders of mining business permits, The company also supports activities like mineral and coal mining, carrying out the transportation and sale of mineral and coal mining products. The company exports its products to Japan, the Philippines, South Korea, and other countries. The company holds various mining interests located in Muara Pahu, Kutai Barat, and East Kalimantan.
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