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PT Multi Spunindo Jaya TbkISX:MSJA -2.67%57 Current Ratio is 2.21 as of Jun. 2026, which is 2% below its 10-year median of 2.25. GuruFocus rates ISX:MSJA with a GF Score™ of 57/100 and a GF Value™ of Rp344.66 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,065 Manufacturing - Apparel & Accessories companies, PT Multi Spunindo Jaya Tbk ranks better than 61.97% 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 Spunindo Jaya Tbk's current ratio for the quarter that ended in Jun. 2026 was 2.21.
PT Multi Spunindo Jaya Tbk has a current ratio of 2.21. It generally indicates good short-term financial strength.
The historical rank and industry rank for PT Multi Spunindo Jaya Tbk's Current Ratio or its related term are showing as below:
ISX:MSJA'
s Current Ratio Range Over the Past 10 Years
Min: 1.36 Med: 2.25 Max: 3.09
Current: 2.21
During the past 6 years, PT Multi Spunindo Jaya Tbk's highest Current Ratio was 3.09. The lowest was 1.36. And the median was 2.25.
ISX:MSJA's Current Ratio is ranked better than 61.97% of 1065
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.81
vs ISX:MSJA: 2.21
PT Multi Spunindo Jaya Tbk (ISX:MSJA) 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 Spunindo Jaya Tbk Current Ratio Related Terms
PT Multi Spunindo Jaya 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.
For the Textile Manufacturing subindustry, PT Multi Spunindo Jaya 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 Spunindo Jaya Tbk Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Multi Spunindo Jaya Tbk's Current Ratio distribution charts can be found below:
* The bar in red indicates where PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk (ISX:MSJA) has a Current Ratio of 2.21 as of Jun. 2026. This is near median its historical median of 2.25. Over the past decade, PT Multi Spunindo Jaya Tbk's Current Ratio has ranged from 1.36 to 3.09. According to the industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #405 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38%.
Is PT Multi Spunindo Jaya Tbk's Current Ratio too high?
PT Multi Spunindo Jaya Tbk's current Current Ratio of 2.21 is near median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 3.09. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.81. PT Multi Spunindo Jaya Tbk's value of 2.21 is 22.1% above this industry median. Based on the distribution chart, PT Multi Spunindo Jaya Tbk ranks #405 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PT Multi Spunindo Jaya Tbk has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multi Spunindo Jaya Tbk's Current Ratio compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #405 out of 1065 companies for Current Ratio. This puts PT Multi Spunindo Jaya Tbk in the upper half of its industry. The industry median Current Ratio is 1.81. PT Multi Spunindo Jaya Tbk's value of 2.21 is 22.1% above this benchmark. Historically, PT Multi Spunindo Jaya Tbk's own Current Ratio has ranged from 1.36 to 3.09 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 1.81, PT Multi Spunindo Jaya 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 1,065 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 Spunindo Jaya Tbk's current Current Ratio of 2.21 is 22.1% 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 Multi Spunindo Jaya Tbk's current Current Ratio is 2.21, which is near median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Spunindo Jaya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multi Spunindo Jaya Tbk (ISX:MSJA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp344.66, compared to a current price of Rp438.00 — trading 27.1% above its estimated fair value. The current Current Ratio is 2.21, which is near median its 10-year median of 2.25 and 22.1% above the Manufacturing - Apparel & Accessories industry median of 1.81. PT Multi Spunindo Jaya Tbk's overall GF Score™ is 57/100 with 7 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 Spunindo Jaya Tbk (ISX:MSJA), the current Current Ratio is 2.21 as of Jun. 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 Multi Spunindo Jaya Tbk (ISX:MSJA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Multi Spunindo Jaya Tbk stock appears to be overvalued.
The current stock price of Rp438.00 is trading 27.1% above its estimated GF Value™ of Rp344.66.
GuruFocus considers PT Multi Spunindo Jaya Tbk to be Modestly Overvalued.
Key valuation signals for ISX:MSJA:
Current Ratio: 2.21 (near median its 10-year median of 2.25)
GF Value™: Rp344.66 vs. price of Rp438.00 (27.1% above fair value)
Industry Position: 22.1% above the Manufacturing - Apparel & Accessories median (#405 of 1065)
No single metric tells the full story. See the ISX:MSJA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Multi Spunindo Jaya Tbk is engaged in nonwoven industry on a business to business (B2B) basis. It produces nonwoven sheet products which are then used as a raw material for finished products in various sectors starting from the health sector (sanitary napkins, diapers, masks, and others) to the construction and agricultural sectors. It has two segments Local and Export. Geographically, it operates in Indonesia.
57GF Score
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