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 Asia Pacific Fibers Tbk's current ratio for the quarter that ended in . 20 was 0.00.
PT Asia Pacific Fibers Tbk has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If PT Asia Pacific Fibers Tbk has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for PT Asia Pacific Fibers Tbk's Current Ratio or its related term are showing as below:
ISX:POLY's Current Ratio is not ranked *
in the Chemicals industry.
Industry Median: 1.89 * Ranked among companies with meaningful Current Ratio only.
PT Asia Pacific Fibers Tbk (ISX:POLY) 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 Asia Pacific Fibers Tbk Current Ratio Related Terms
PT Asia Pacific Fibers 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 Asia Pacific Fibers Tbk Current Ratio Chart
PT Asia Pacific Fibers Tbk Annual Data
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PT Asia Pacific Fibers Tbk Quarterly Data
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ISX:POLY vs IKNX: Current Ratio Comparison
For the Specialty Chemicals subindustry, PT Asia Pacific Fibers 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 Asia Pacific Fibers Tbk Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, PT Asia Pacific Fibers Tbk's Current Ratio distribution charts can be found below:
* The bar in red indicates where PT Asia Pacific Fibers 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 Asia Pacific Fibers Tbk (ISX:POLY) has a Current Ratio of 0.00 as of . 20.
Is PT Asia Pacific Fibers Tbk's Current Ratio too high?
PT Asia Pacific Fibers Tbk's current Current Ratio is 0.00.
How does PT Asia Pacific Fibers Tbk's Current Ratio compare to IKNX?
PT Asia Pacific Fibers Tbk's Current Ratio of 0.00 can be compared against companies in the Chemicals industry. The industry median Current Ratio is 1.89. 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,609 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. 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Asia Pacific Fibers Tbk's current Current Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asia Pacific Fibers Tbk stock overvalued right now?
PT Asia Pacific Fibers Tbk (ISX:POLY) has a current Current Ratio of 0.00. The current Current Ratio is 0.00. 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 Asia Pacific Fibers Tbk (ISX:POLY), the current Current Ratio is 0.00 as of . 20. 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 Asia Pacific Fibers Tbk is an Indonesian-based company engaged in the manufacturing of chemical and synthetic fibers, weaving and knitting, and other activities related to the textile industry. The Company has two manufacturing plants, and markets its product both locally and internationally, such as in Europe, the United States of America, Asia, Australia, and the Middle East. Its business segments are Chemical and synthetic fiber, and Weaving and Knitting segments.
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