PT Jasa Armada Indonesia TbkISX:IPCM 94 Current Ratio is 2.87 as of Mar. 2026, which is 6% below its 10-year median of 3.06. GuruFocus rates ISX:IPCM with a GF Score™ of 94/100 and a GF Value™ of Rp350.51 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,002 Transportation companies, PT Jasa Armada Indonesia Tbk ranks better than 82.44% 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 Jasa Armada Indonesia Tbk's current ratio for the quarter that ended in Mar. 2026 was 2.87.
PT Jasa Armada Indonesia Tbk has a current ratio of 2.87. It generally indicates good short-term financial strength.
The historical rank and industry rank for PT Jasa Armada Indonesia Tbk's Current Ratio or its related term are showing as below:
ISX:IPCM'
s Current Ratio Range Over the Past 10 Years
Min: 2.02 Med: 3.06 Max: 7
Current: 2.87
During the past 10 years, PT Jasa Armada Indonesia Tbk's highest Current Ratio was 7.00. The lowest was 2.02. And the median was 3.06.
ISX:IPCM's Current Ratio is ranked better than 82.44% of 1002
companies
in the Transportation industry
Industry Median: 1.47
vs ISX:IPCM: 2.87
PT Jasa Armada Indonesia Tbk (ISX:IPCM) 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 Jasa Armada Indonesia Tbk Current Ratio Related Terms
PT Jasa Armada Indonesia Tbk Current Ratio Historical Data
* 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 Jasa Armada Indonesia Tbk Current Ratio Competitor Comparison
For the Marine Shipping subindustry, PT Jasa Armada 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 Jasa Armada Indonesia Tbk Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, PT Jasa Armada Indonesia Tbk's Current Ratio distribution charts can be found below:
* The bar in red indicates where PT Jasa Armada Indonesia Tbk's Current Ratio falls into.
* 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 Jasa Armada Indonesia Tbk (ISX:IPCM) has a Current Ratio of 2.87 as of Mar. 2026. This is near median its historical median of 3.06. Over the past decade, PT Jasa Armada Indonesia Tbk's Current Ratio has ranged from 2.02 to 7.00. According to the industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #176 out of 1002 companies in the Transportation industry, placing it in the top 17.6%.
Is PT Jasa Armada Indonesia Tbk's Current Ratio too high?
PT Jasa Armada Indonesia Tbk's current Current Ratio of 2.87 is near median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 7.00. The Transportation industry median Current Ratio is 1.47. PT Jasa Armada Indonesia Tbk's value of 2.87 is 95.2% above this industry median. Based on the distribution chart, PT Jasa Armada Indonesia Tbk ranks #176 out of 1002 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, PT Jasa Armada Indonesia Tbk has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Armada Indonesia Tbk's Current Ratio compare to competitors?
According to the Transportation industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #176 out of 1002 companies for Current Ratio. This places PT Jasa Armada Indonesia Tbk in the top 18% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.47. PT Jasa Armada Indonesia Tbk's value of 2.87 is 95.2% above this benchmark. Historically, PT Jasa Armada Indonesia Tbk's own Current Ratio has ranged from 2.02 to 7.00 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 1.47, PT Jasa Armada Indonesia 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 Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,002 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 Jasa Armada Indonesia Tbk's current Current Ratio of 2.87 is 95.2% 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 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 Jasa Armada Indonesia Tbk's current Current Ratio is 2.87, which is near median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Armada Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk (ISX:IPCM) is currently considered Fairly Valued. The stock's GF Value™ is Rp350.51, compared to a current price of Rp328.00 — trading 6.4% below its estimated fair value. The current Current Ratio is 2.87, which is near median its 10-year median of 3.06 and 95.2% above the Transportation industry median of 1.47. PT Jasa Armada Indonesia Tbk's overall GF Score™ is 94/100 with 4 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 Jasa Armada Indonesia Tbk (ISX:IPCM), the current Current Ratio is 2.87 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 Jasa Armada Indonesia Tbk (ISX:IPCM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk stock appears to be undervalued.
The current stock price of Rp328.00 is trading 6.4% below its estimated GF Value™ of Rp350.51.
GuruFocus considers PT Jasa Armada Indonesia Tbk to be Fairly Valued.
Key valuation signals for ISX:IPCM:
Current Ratio: 2.87 (near median its 10-year median of 3.06)
GF Value™: Rp350.51 vs. price of Rp328.00 (6.4% below fair value)
Industry Position: 95.2% above the Transportation median (#176 of 1002)
No single metric tells the full story. See the ISX:IPCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Jasa Armada Indonesia Tbk is engaged in pilotage and towage services for container vessels, dry and liquid bulk, inland waterways, and offshore STS. The company also provides fleet maintenance services. The company's operating segments are Vessel Services, and Freight Services & Other Services. The company generates maximum revenue from the Vessel services segment.
94GF Score
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