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PT Segar Kumala Indonesia Tbk (ISX:BUAH) Current Ratio : 1.72 (As of Sep. 2024)


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What is PT Segar Kumala Indonesia Tbk Current Ratio?

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 Segar Kumala Indonesia Tbk's current ratio for the quarter that ended in Sep. 2024 was 1.72.

PT Segar Kumala Indonesia Tbk has a current ratio of 1.72. It generally indicates good short-term financial strength.

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

ISX:BUAH' s Current Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.78   Max: 2.04
Current: 1.72

During the past 5 years, PT Segar Kumala Indonesia Tbk's highest Current Ratio was 2.04. The lowest was 1.06. And the median was 1.78.

ISX:BUAH's Current Ratio is ranked better than
64.98% of 317 companies
in the Retail - Defensive industry
Industry Median: 1.28 vs ISX:BUAH: 1.72

PT Segar Kumala Indonesia Tbk Current Ratio Historical Data

The historical data trend for PT Segar Kumala Indonesia 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.

* Premium members only.

PT Segar Kumala Indonesia Tbk Current Ratio Chart

PT Segar Kumala Indonesia Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
1.06 1.16 1.25 1.77 2.04

PT Segar Kumala Indonesia Tbk Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 2.04 1.97 2.02 1.72

Competitive Comparison of PT Segar Kumala Indonesia Tbk's Current Ratio

For the Food Distribution subindustry, PT Segar Kumala Indonesia 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 Segar Kumala Indonesia Tbk's Current Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, PT Segar Kumala Indonesia Tbk's Current Ratio distribution charts can be found below:

* The bar in red indicates where PT Segar Kumala Indonesia Tbk's Current Ratio falls into.



PT Segar Kumala Indonesia 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 Segar Kumala Indonesia Tbk's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=309175.483/151520.796
=2.04

PT Segar Kumala Indonesia Tbk's Current Ratio for the quarter that ended in Sep. 2024 is calculated as

Current Ratio (Q: Sep. 2024 )=Total Current Assets (Q: Sep. 2024 )/Total Current Liabilities (Q: Sep. 2024 )
=359075.091/208786.655
=1.72

* 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 Segar Kumala Indonesia Tbk  (ISX:BUAH) 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 Segar Kumala Indonesia Tbk Current Ratio Related Terms

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PT Segar Kumala Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Pegangsaan 2 KM, 4 No.89 Pegangsaan Dua, Kelapa Gading, Jakarta, IDN, 14520
PT Segar Kumala Indonesia Tbk is engaged wholesale trading of fruits. The Company's supporting business activities are the wholesale trading of agricultural products and other live animals, wholesale trading of vegetables, and wholesale trading of beef and processed beef. The Company's business activities are the wholesale trading of fruits and frozen poultry meat. The Company's operating segments are categorized into two main segments, namely fruits and frozen chicken. Majority of the revenue from Fruits segment.

PT Segar Kumala Indonesia Tbk Headlines

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