What is PT Total Bangun Persada Tbk Current Ratio?
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 Total Bangun Persada Tbk's current ratio for the quarter that ended in Sep. 2024 was 1.25.
PT Total Bangun Persada Tbk has a current ratio of 1.25. It generally indicates good short-term financial strength.
The historical rank and industry rank for PT Total Bangun Persada Tbk's Current Ratio or its related term are showing as below:
ISX:TOTL'
s Current Ratio Range Over the Past 10 Years
Min: 1.25 Med: 1.35 Max: 1.65
Current: 1.25
During the past 13 years, PT Total Bangun Persada Tbk's highest Current Ratio was 1.65. The lowest was 1.25. And the median was 1.35.
ISX:TOTL's Current Ratio is ranked worse than 68.62% of 1740
companies
in the Construction industry
Industry Median: 1.56
vs ISX:TOTL: 1.25
PT Total Bangun Persada 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.
Competitive Comparison of PT Total Bangun Persada Tbk's Current Ratio
For the Engineering & Construction subindustry, PT Total Bangun Persada 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 Total Bangun Persada Tbk's Current Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, PT Total Bangun Persada Tbk's Current Ratio distribution charts can be found below:
* The bar in red indicates where PT Total Bangun Persada Tbk's Current Ratio falls into.
PT Total Bangun Persada 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.
* 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 Total Bangun Persada Tbk (ISX:TOTL) 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 Total Bangun Persada Tbk Current Ratio Related Terms
Thank you for viewing the detailed overview of PT Total Bangun Persada Tbk's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Total Bangun Persada Tbk operates in the building construction service business. It acts as the main contractor and design and builds contractor in the construction service segment. It is also engaged in the business service of leasing or rental and others, covering equipment rental, property rental, and training fees. The operating business segments are Construction and Rental and others with maximum revenue derived from the Construction segment. Its services are project administration, selection and procurement of building materials, optimal application of construction methods, site management, recruitment and management of all sub-contractors, coordination, and periodical monitoring.
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