PT Suparma Tbk (ISX:SPMA) Current Ratio: 1.90 (As of Mar. 2026) — 17% Below Median


ISX:SPMA PT Suparma Tbk ISX:SPMA
78 GF Score
Price Rp206.00
GF Value Rp239.19
Valuation Modestly Undervalued
! 6 Warning Signs
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What is PT Suparma Tbk Current Ratio?

PT Suparma Tbk ISX:SPMA +0.98% 78 Current Ratio is 1.90 as of Mar. 2026, which is 17% below its 10-year median of 2.28. GuruFocus rates ISX:SPMA with a GF Score™ of 78/100 and a GF Value™ of Rp239.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 289 Forest Products companies, PT Suparma Tbk ranks better than 61.59% 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 Suparma Tbk's current ratio for the quarter that ended in Mar. 2026 was 1.90.

PT Suparma Tbk has a current ratio of 1.90. It generally indicates good short-term financial strength.

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

ISX:SPMA' s Current Ratio Range Over the Past 10 Years
Min: 1.02   Med: 2.28   Max: 3.76
Current: 1.9

During the past 9 years, PT Suparma Tbk's highest Current Ratio was 3.76. The lowest was 1.02. And the median was 2.28.

ISX:SPMA's Current Ratio is ranked better than
61.59% of 289 companies
in the Forest Products industry
Industry Median: 1.52 vs ISX:SPMA: 1.90

PT Suparma Tbk  (ISX:SPMA) 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 Suparma Tbk Current Ratio Related Terms


PT Suparma Tbk Current Ratio Historical Data

* Premium members only.

The historical data trend for PT Suparma 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 Suparma Tbk Current Ratio Chart

PT Suparma Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only 2.23 3.65 2.81 2.83 2.00

PT Suparma Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.81 2.37 2.04 2.00 1.90

ISX:SPMA vs SLVM: Current Ratio Comparison

For the Paper & Paper Products subindustry, PT Suparma 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 Suparma Tbk Current Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Suparma Tbk's Current Ratio distribution charts can be found below:

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


ISX:SPMA
78GF Score
PT Suparma Tbk ISX:SPMA
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Suparma 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 Suparma 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 )
=1557247.696/777954.494
=2.00

PT Suparma 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 )
=1579255.169/833066.505
=1.90

* 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 1.90 mean?
PT Suparma Tbk (ISX:SPMA) has a Current Ratio of 1.90 as of Mar. 2026. This is 17% below median its historical median of 2.28. Over the past decade, PT Suparma Tbk's Current Ratio has ranged from 1.02 to 3.76. According to the industry distribution chart, PT Suparma Tbk ranks #111 out of 289 companies in the Forest Products industry, placing it in the top 38.4%.
Is PT Suparma Tbk's Current Ratio too high?
PT Suparma Tbk's current Current Ratio of 1.90 is 17% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 3.76. The Forest Products industry median Current Ratio is 1.52. PT Suparma Tbk's value of 1.90 is 25% above this industry median. Based on the distribution chart, PT Suparma Tbk ranks #111 out of 289 companies in the Forest Products industry, which is above the industry midpoint. Overall, PT Suparma Tbk has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Suparma Tbk's Current Ratio compare to SLVM?
According to the Forest Products industry distribution chart, PT Suparma Tbk ranks #111 out of 289 companies for Current Ratio. This puts PT Suparma Tbk in the upper half of its industry. The industry median Current Ratio is 1.52. PT Suparma Tbk's value of 1.90 is 25% above this benchmark. Historically, PT Suparma Tbk's own Current Ratio has ranged from 1.02 to 3.76 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 1.52, PT Suparma 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 Forest Products company?
The median Current Ratio among Forest Products companies is 1.52, based on 289 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 Suparma Tbk's current Current Ratio of 1.90 is 25% 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 Forest Products industry, the median Current Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Suparma Tbk's current Current Ratio is 1.90, which is 17% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suparma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suparma Tbk (ISX:SPMA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp239.19, compared to a current price of Rp206.00 — trading 13.9% below its estimated fair value. The current Current Ratio is 1.90, which is 17% below median its 10-year median of 2.28 and 25% above the Forest Products industry median of 1.52. PT Suparma Tbk's overall GF Score™ is 78/100 with 6 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 Suparma Tbk (ISX:SPMA), the current Current Ratio is 1.90 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 Suparma Tbk (ISX:SPMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Suparma Tbk stock appears to be undervalued. The current stock price of Rp206.00 is trading 13.9% below its estimated GF Value™ of Rp239.19. GuruFocus considers PT Suparma Tbk to be Modestly Undervalued.

Key valuation signals for ISX:SPMA:

  • Current Ratio: 1.90 (17% below median its 10-year median of 2.28)
  • GF Value™: Rp239.19 vs. price of Rp206.00 (13.9% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 25% above the Forest Products median (#111 of 289)

No single metric tells the full story. See the ISX:SPMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Suparma Tbk Business Description

Address Jalan Raya Mastrip, No. 856 Warugunung, Karangpilang, East Java, Surabaya, IDN, 60221
PT Suparma Tbk is an Indonesia-based company that manufactures paper and paper products. The group manufactured paper and paper wrapping products for the industrial and consumer sectors. The firm offers Laminated Wrapping Kraft, Samson Kraft, MG Paper, Coated Duplex Board, Bathroom Tissue, Carrier Tissue, Industrial Roll Towel, Kitchen Towel, and Other products. Geographically, the firm generates the majority of its revenue from the local market.
78GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp206.00
Price
Rp239.19
GF Value