PT Borneo Olahrana Sukses Tbk (ISX:BOSS) Quick Ratio: 0.46 (As of Sep. 2023)


ISX:BOSS PT Borneo Olah Sarana Sukses Tbk ISX:BOSS
4 GF Score
Price Rp50.00
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What is PT Borneo Olahrana Sukses Tbk Quick Ratio?

PT Borneo Olahrana Sukses Tbk ISX:BOSS 4 Quick Ratio is 0.46 as of Sep. 2023. GuruFocus rates ISX:BOSS with a GF Score™ of 4/100.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. PT Borneo Olahrana Sukses Tbk's quick ratio for the quarter that ended in Sep. 2023 was 0.46.

PT Borneo Olahrana Sukses Tbk has a quick ratio of 0.46. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for PT Borneo Olahrana Sukses Tbk's Quick Ratio or its related term are showing as below:

ISX:BOSS's Quick Ratio is not ranked *
in the Other Energy Sources industry.
Industry Median: 1.665
* Ranked among companies with meaningful Quick Ratio only.

PT Borneo Olahrana Sukses Tbk  (ISX:BOSS) 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 Borneo Olahrana Sukses Tbk Quick Ratio Related Terms


PT Borneo Olahrana Sukses Tbk Quick Ratio Historical Data

* Premium members only.

The historical data trend for PT Borneo Olahrana Sukses Tbk's Quick 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 Borneo Olahrana Sukses Tbk Quick Ratio Chart

PT Borneo Olahrana Sukses Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 0.49 0.78 0.26 0.39 0.62

PT Borneo Olahrana Sukses Tbk Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Quick 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 0.76 1.10 0.62 0.76 0.46

PT Borneo Olahrana Sukses Tbk Quick Ratio Competitor Comparison

For the Thermal Coal subindustry, PT Borneo Olahrana Sukses 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 Borneo Olahrana Sukses Tbk Quick Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Borneo Olahrana Sukses Tbk's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PT Borneo Olahrana Sukses Tbk's Quick Ratio falls into.


ISX:BOSS
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PT Borneo Olah Sarana Sukses Tbk ISX:BOSS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Borneo Olahrana Sukses Tbk Quick Ratio Calculation

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 Borneo Olahrana Sukses Tbk's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Quick Ratio (A: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(298637.575-80781.536)/349739.377
=0.62

PT Borneo Olahrana Sukses Tbk's Quick Ratio for the quarter that ended in Sep. 2023 is calculated as

Quick Ratio (Q: Sep. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(255247.879-54695.203)/440509.413
=0.46

* 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 Quick Ratio →
What does a Quick Ratio of 0.46 mean?
PT Borneo Olahrana Sukses Tbk (ISX:BOSS) has a Quick Ratio of 0.46 as of Sep. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Borneo Olahrana Sukses Tbk and its competitors.
Is PT Borneo Olahrana Sukses Tbk's Quick Ratio too high?
PT Borneo Olahrana Sukses Tbk's current Quick Ratio is 0.46. The Other Energy Sources industry median Quick Ratio is 1.67. PT Borneo Olahrana Sukses Tbk's value of 0.46 is 72.4% below this industry median. Overall, PT Borneo Olahrana Sukses Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Borneo Olahrana Sukses Tbk's Quick Ratio compare to competitors?
PT Borneo Olahrana Sukses Tbk's Quick Ratio of 0.46 can be compared against companies in the Other Energy Sources industry. The industry median Quick Ratio is 1.67. PT Borneo Olahrana Sukses Tbk's value of 0.46 is 72.4% below this benchmark. 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 Borneo Olahrana Sukses Tbk's current Quick Ratio of 0.46 is 72.4% 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 Borneo Olahrana Sukses 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 Borneo Olahrana Sukses Tbk's current Quick Ratio is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Borneo Olahrana Sukses Tbk stock overvalued right now?
PT Borneo Olahrana Sukses Tbk (ISX:BOSS) has a current Quick Ratio of 0.46. The current Quick Ratio is 0.46 and 72.4% below the Other Energy Sources industry median of 1.67. PT Borneo Olahrana Sukses Tbk's overall GF Score™ is 4/100. 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 Borneo Olahrana Sukses Tbk (ISX:BOSS), the current Quick Ratio is 0.46 as of Sep. 2023. 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 Borneo Olahrana Sukses Tbk Business Description

Address Wisma 77 Building, Tower 1, 8th Floor, Letjen S Parman No. 77, West Jakarta, Jakarta, IDN, 11410
PT Borneo Olah Sarana Sukses Tbk is engaged in the mining field. Its business activities include transportation and sale of minerals and coal. It is also engaged in the purchase of mineral and coal mining commodity products from the holders of mining business permits, The company also supports activities like mineral and coal mining, carrying out the transportation and sale of mineral and coal mining products. The company exports its products to Japan, the Philippines, South Korea, and other countries. The company holds various mining interests located in Muara Pahu, Kutai Barat, and East Kalimantan.
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