PT Berau Coal Energy Tbk has a quick ratio of 0.67. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for PT Berau Coal Energy Tbk's Quick Ratio or its related term are showing as below:
FRA:9BC'
s Quick Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.66 Max: 1.02
Current: 0.67
During the past 12 years, PT Berau Coal Energy Tbk's highest Quick Ratio was 1.02. The lowest was 0.47. And the median was 0.66.
FRA:9BC's Quick Ratio is not ranked
in the Other Energy Sources industry.
Industry Median: 1.665
vs FRA:9BC: 0.67
PT Berau Coal Energy Tbk (FRA:9BC) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
PT Berau Coal Energy Tbk Quick Ratio Related Terms
PT Berau Coal Energy Tbk Quick 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 Thermal Coal subindustry, PT Berau Coal Energy Tbk's Quick Ratio, along with its competitors' market caps and Quick 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 Berau Coal Energy Tbk Quick Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Berau Coal Energy Tbk's Quick Ratio distribution charts can be found below:
* The bar in red indicates where PT Berau Coal Energy Tbk's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
PT Berau Coal Energy Tbk's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as
* 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 Berau Coal Energy Tbk (FRA:9BC) has a Quick Ratio of 0.67 as of Dec. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Berau Coal Energy Tbk and its competitors. This is near median its historical median of 0.66. Over the past decade, PT Berau Coal Energy Tbk's Quick Ratio has ranged from 0.47 to 1.02.
Is PT Berau Coal Energy Tbk's Quick Ratio too high?
PT Berau Coal Energy Tbk's current Quick Ratio of 0.67 is near median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.02. The Other Energy Sources industry median Quick Ratio is 1.67. PT Berau Coal Energy Tbk's value of 0.67 is 59.8% below this industry median.
How does PT Berau Coal Energy Tbk's Quick Ratio compare to METC and HNRG?
PT Berau Coal Energy Tbk's Quick Ratio of 0.67 can be compared against companies in the Other Energy Sources industry. The industry median Quick Ratio is 1.67. PT Berau Coal Energy Tbk's value of 0.67 is 59.8% below this benchmark. Historically, PT Berau Coal Energy Tbk's own Quick Ratio has ranged from 0.47 to 1.02 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.67, PT Berau Coal Energy Tbk has consistently been below 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 Quick Ratio for an Other Energy Sources company?
The median Quick Ratio among Other Energy Sources companies is 1.67, based on 184 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Berau Coal Energy Tbk's current Quick Ratio of 0.67 is 59.8% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Berau Coal Energy Tbk and its competitors. For the Other Energy Sources industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Berau Coal Energy Tbk's current Quick Ratio is 0.67, which is near median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Berau Coal Energy Tbk stock overvalued right now?
PT Berau Coal Energy Tbk (FRA:9BC) has a current Quick Ratio of 0.67. The current Quick Ratio is 0.67, which is near median its 10-year median of 0.66 and 59.8% below the Other Energy Sources industry median of 1.67. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For PT Berau Coal Energy Tbk (FRA:9BC), the current Quick Ratio is 0.67 as of Dec. 2022. 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 Berau Coal Energy Tbk functions as a holding company. It is mainly involved in trading, mining, plantation, construction, real estate, agriculture, printing, industry, transportation, and services. The company, through its subsidiary, engaged in coal mining. It has an interest in three open cut mining operations; Lati, Binungan, and Sambarata. The firm supplies coal to customers in Indonesia, China, Hong Kong, India, Japan, South Korea, Taiwan, the Philippines, and Thailand. Its customers are mainly utility companies and coal trading companies.
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