PT Multi Hanna Kreasindo Tbk (ISX:MHKI) Current Ratio: 13.19 (As of Mar. 2026) — Near Median


ISX:MHKI PT Multi Hanna Kreasindo Tbk ISX:MHKI
13 GF Score
Price Rp119.00
! 3 Warning Signs
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What is PT Multi Hanna Kreasindo Tbk Current Ratio?

PT Multi Hanna Kreasindo Tbk ISX:MHKI -0.83% 13 Current Ratio is 13.19 as of Mar. 2026, which is at its 10-year median of 13.19. GuruFocus rates ISX:MHKI with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 246 Waste Management companies, PT Multi Hanna Kreasindo Tbk ranks better than 98.78% 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 Multi Hanna Kreasindo Tbk's current ratio for the quarter that ended in Mar. 2026 was 13.19.

PT Multi Hanna Kreasindo Tbk has a current ratio of 13.19. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

ISX:MHKI' s Current Ratio Range Over the Past 10 Years
Min: 6.39   Med: 13.19   Max: 20.3
Current: 13.19

During the past 3 years, PT Multi Hanna Kreasindo Tbk's highest Current Ratio was 20.30. The lowest was 6.39. And the median was 13.19.

ISX:MHKI's Current Ratio is ranked better than
98.78% of 246 companies
in the Waste Management industry
Industry Median: 1.54 vs ISX:MHKI: 13.19

PT Multi Hanna Kreasindo Tbk  (ISX:MHKI) 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 Multi Hanna Kreasindo Tbk Current Ratio Related Terms


PT Multi Hanna Kreasindo Tbk Current Ratio Historical Data

* Premium members only.

The historical data trend for PT Multi Hanna Kreasindo 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 Multi Hanna Kreasindo Tbk Current Ratio Chart

PT Multi Hanna Kreasindo Tbk Annual Data
Trend Dec23 Dec24 Dec25
Current Ratio
6.39 17.82 11.75

PT Multi Hanna Kreasindo Tbk Quarterly Data
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 11.85 10.06 17.36 11.75 13.19

ISX:MHKI vs WM, RSG, WCN: Current Ratio Comparison

For the Waste Management subindustry, PT Multi Hanna Kreasindo 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 Multi Hanna Kreasindo Tbk Current Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, PT Multi Hanna Kreasindo Tbk's Current Ratio distribution charts can be found below:

* The bar in red indicates where PT Multi Hanna Kreasindo Tbk's Current Ratio falls into.


ISX:MHKI
13GF Score
PT Multi Hanna Kreasindo Tbk ISX:MHKI
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multi Hanna Kreasindo 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 Multi Hanna Kreasindo 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 )
=200591.029/17068.508
=11.75

PT Multi Hanna Kreasindo 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 )
=203969.15/15464.716
=13.19

* 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 13.19 mean?
PT Multi Hanna Kreasindo Tbk (ISX:MHKI) has a Current Ratio of 13.19 as of Mar. 2026. This is near median its historical median of 13.19. Over the past decade, PT Multi Hanna Kreasindo Tbk's Current Ratio has ranged from 6.39 to 20.30. According to the industry distribution chart, PT Multi Hanna Kreasindo Tbk ranks #3 out of 246 companies in the Waste Management industry, placing it in the top 1.2%.
Is PT Multi Hanna Kreasindo Tbk's Current Ratio too high?
PT Multi Hanna Kreasindo Tbk's current Current Ratio of 13.19 is near median its 10-year median of 13.19. Over the past 10 years, this metric has ranged from a low of 6.39 to a high of 20.30. The Waste Management industry median Current Ratio is 1.54. PT Multi Hanna Kreasindo Tbk's value of 13.19 is 756.5% above this industry median. Based on the distribution chart, PT Multi Hanna Kreasindo Tbk ranks #3 out of 246 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, PT Multi Hanna Kreasindo Tbk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Hanna Kreasindo Tbk's Current Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, PT Multi Hanna Kreasindo Tbk ranks #3 out of 246 companies for Current Ratio. This places PT Multi Hanna Kreasindo Tbk in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.54. PT Multi Hanna Kreasindo Tbk's value of 13.19 is 756.5% above this benchmark. Historically, PT Multi Hanna Kreasindo Tbk's own Current Ratio has ranged from 6.39 to 20.30 over the past decade. While the company's 10-year median is 13.19 vs. the industry median of 1.54, PT Multi Hanna Kreasindo 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 Waste Management company?
The median Current Ratio among Waste Management companies is 1.54, based on 246 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 Multi Hanna Kreasindo Tbk's current Current Ratio of 13.19 is 756.5% 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 Waste Management industry, the median Current Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Hanna Kreasindo Tbk's current Current Ratio is 13.19, which is near median its own 10-year median of 13.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Hanna Kreasindo Tbk stock overvalued right now?
PT Multi Hanna Kreasindo Tbk (ISX:MHKI) has a current Current Ratio of 13.19. The current Current Ratio is 13.19, which is near median its 10-year median of 13.19 and 756.5% above the Waste Management industry median of 1.54. PT Multi Hanna Kreasindo Tbk's overall GF Score™ is 13/100 with 3 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 Multi Hanna Kreasindo Tbk (ISX:MHKI), the current Current Ratio is 13.19 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.

PT Multi Hanna Kreasindo Tbk Business Description

Address Jalan Raya Narogong Km 12, No. 23, Pangkalan II No., Bantar Gebang, West Java, RT.003/RW.002, Cikiwul village, Bekasi, IDN, 17152
PT Multi Hanna Kreasindo Tbki conduct business in the fields of treatment and disposal of hazardous waste, railway freight forwarding and land transportation, wholesale trade, nonferrous metal and steel foundries, laboratory testing services, transportation, hazardous waste collection, other activities, professional, scientific and technical. The company has segment Services and Goods Sales. The company generates majority of revenue from Services segment activities include integrated waste transportation, processing and utilisation services with a emphasis on environmental sustainability. It offers a One Package Service as its Unique selling proposition (USP), encompassing transportation, collection, processing, and utilization of both hazardous (B3) and non-hazardous waste.
13GF Score

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