PT Indo Kordsa Tbk (ISX:BRAM) Current Ratio: 2.74 (As of Mar. 2026) — 19% Above Median


ISX:BRAM PT Indo Kordsa Tbk ISX:BRAM
55 GF Score
Price Rp4,530.00
GF Value Rp2,940.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is PT Indo Kordsa Tbk Current Ratio?

PT Indo Kordsa Tbk ISX:BRAM -0.88% 55 Current Ratio is 2.74 as of Mar. 2026, which is 19% above its 10-year median of 2.30. GuruFocus rates ISX:BRAM with a GF Score™ of 55/100 and a GF Value™ of Rp2,940.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, PT Indo Kordsa Tbk ranks better than 70.49% on this metric.

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 Indo Kordsa Tbk's current ratio for the quarter that ended in Mar. 2026 was 2.74.

PT Indo Kordsa Tbk has a current ratio of 2.74. It generally indicates good short-term financial strength.

The historical rank and industry rank for PT Indo Kordsa Tbk's Current Ratio or its related term are showing as below:

ISX:BRAM' s Current Ratio Range Over the Past 10 Years
Min: 1.79   Med: 2.3   Max: 3.02
Current: 2.74

During the past 13 years, PT Indo Kordsa Tbk's highest Current Ratio was 3.02. The lowest was 1.79. And the median was 2.30.

ISX:BRAM's Current Ratio is ranked better than
70.49% of 1064 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.805 vs ISX:BRAM: 2.74

PT Indo Kordsa Tbk  (ISX:BRAM) 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 Indo Kordsa Tbk Current Ratio Related Terms


PT Indo Kordsa Tbk Current Ratio Historical Data

* Premium members only.

The historical data trend for PT Indo Kordsa 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 Indo Kordsa Tbk Current Ratio Chart

PT Indo Kordsa Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 2.42 2.04 2.16 2.91

PT Indo Kordsa Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.33 2.81 3.02 2.91 2.74

PT Indo Kordsa Tbk Current Ratio Competitor Comparison

For the Textile Manufacturing subindustry, PT Indo Kordsa 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 Indo Kordsa Tbk Current Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo Kordsa Tbk's Current Ratio distribution charts can be found below:

* The bar in red indicates where PT Indo Kordsa Tbk's Current Ratio falls into.


ISX:BRAM
55GF Score
PT Indo Kordsa Tbk ISX:BRAM
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indo Kordsa 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 Indo Kordsa Tbk's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=1702806.964/584415.259
=2.91

PT Indo Kordsa Tbk's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=1943472.888/708307.234
=2.74

* 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 2.74 mean?
PT Indo Kordsa Tbk (ISX:BRAM) has a Current Ratio of 2.74 as of Mar. 2026. This is 19% above median its historical median of 2.30. Over the past decade, PT Indo Kordsa Tbk's Current Ratio has ranged from 1.79 to 3.02. According to the industry distribution chart, PT Indo Kordsa Tbk ranks #314 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29.5%.
Is PT Indo Kordsa Tbk's Current Ratio too high?
PT Indo Kordsa Tbk's current Current Ratio of 2.74 is 19% above median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 3.02. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.81. PT Indo Kordsa Tbk's value of 2.74 is 51.8% above this industry median. Based on the distribution chart, PT Indo Kordsa Tbk ranks #314 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PT Indo Kordsa Tbk has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Kordsa Tbk's Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Indo Kordsa Tbk ranks #314 out of 1064 companies for Current Ratio. This puts PT Indo Kordsa Tbk in the upper half of its industry. The industry median Current Ratio is 1.81. PT Indo Kordsa Tbk's value of 2.74 is 51.8% above this benchmark. Historically, PT Indo Kordsa Tbk's own Current Ratio has ranged from 1.79 to 3.02 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 1.81, PT Indo Kordsa 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 Current Ratio for a Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.81, based on 1,064 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 Indo Kordsa Tbk's current Current Ratio of 2.74 is 51.8% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo Kordsa Tbk's current Current Ratio is 2.74, which is 19% above median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Kordsa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Kordsa Tbk (ISX:BRAM) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2,940.24, compared to a current price of Rp4,530.00 — trading 54.1% above its estimated fair value. The current Current Ratio is 2.74, which is 19% above median its 10-year median of 2.30 and 51.8% above the Manufacturing - Apparel & Accessories industry median of 1.81. PT Indo Kordsa Tbk's overall GF Score™ is 55/100 with 5 warning signs to review. 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 Indo Kordsa Tbk (ISX:BRAM), the current Current Ratio is 2.74 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 Indo Kordsa Tbk (ISX:BRAM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo Kordsa Tbk stock appears to be overvalued. The current stock price of Rp4,530.00 is trading 54.1% above its estimated GF Value™ of Rp2,940.24. GuruFocus considers PT Indo Kordsa Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BRAM:

  • Current Ratio: 2.74 (19% above median its 10-year median of 2.30)
  • GF Value™: Rp2,940.24 vs. price of Rp4,530.00 (54.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 51.8% above the Manufacturing - Apparel & Accessories median (#314 of 1064)

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


PT Indo Kordsa Tbk Business Description

Address Jalan Pahlawan, Desa Karang Asem Timur, Citeureup, Bogor, IDN, 16810
PT Indo Kordsa Tbk is an Indonesian company engaged in the manufacturing and sale of tire reinforcement materials. The business activity of the group is functioned through various divisions which include Tyre cord fabric, Nylon yarn, and Polyester yarn. The company generates a majority of its revenue from the tire cord fabric segment. Geographically, it derives a majority of its revenue from Thailand and also has a presence in Other Countries.
55GF Score

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

Rp4,530.00
Price
Rp2,940.24
GF Value