PT Indo Kordsa Tbk (ISX:BRAM) Quick Ratio: 1.95 (As of Mar. 2026) — 49% Above Median


ISX:BRAM PT Indo Kordsa Tbk ISX:BRAM
55 GF Score
Price Rp4,530.00
GF Value Rp2,942.00
Valuation Significantly Overvalued
! 5 Warning Signs
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What is PT Indo Kordsa Tbk Quick Ratio?

PT Indo Kordsa Tbk ISX:BRAM -0.88% 55 Quick Ratio is 1.95 as of Mar. 2026, which is 49% above its 10-year median of 1.31. GuruFocus rates ISX:BRAM with a GF Score™ of 55/100 and a GF Value™ of Rp2,942.00 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, PT Indo Kordsa Tbk ranks better than 73.35% on this metric.

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 Indo Kordsa Tbk's quick ratio for the quarter that ended in Mar. 2026 was 1.95.

PT Indo Kordsa Tbk has a quick ratio of 1.95. It generally indicates good short-term financial strength.

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

ISX:BRAM' s Quick Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.31   Max: 2.07
Current: 1.95

During the past 13 years, PT Indo Kordsa Tbk's highest Quick Ratio was 2.07. The lowest was 0.88. And the median was 1.31.

ISX:BRAM's Quick Ratio is ranked better than
73.35% of 1062 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.115 vs ISX:BRAM: 1.95

PT Indo Kordsa Tbk  (ISX:BRAM) 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 Indo Kordsa Tbk Quick Ratio Related Terms


PT Indo Kordsa Tbk Quick Ratio Historical Data

* Premium members only.

The historical data trend for PT Indo Kordsa 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 Indo Kordsa Tbk Quick Ratio Chart

PT Indo Kordsa Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.41 1.33 1.48 2.04

PT Indo Kordsa Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.49 1.49 2.07 2.04 1.95

PT Indo Kordsa Tbk Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, PT Indo Kordsa 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 Indo Kordsa Tbk Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo Kordsa Tbk's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PT Indo Kordsa Tbk's Quick Ratio falls into.


ISX:BRAM
55GF Score
PT Indo Kordsa Tbk ISX:BRAM
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indo Kordsa 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 Indo Kordsa Tbk's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1702806.964-510419.399)/584415.259
=2.04

PT Indo Kordsa Tbk's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1943472.888-560429.328)/708307.234
=1.95

* 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 1.95 mean?
PT Indo Kordsa Tbk (ISX:BRAM) has a Quick Ratio of 1.95 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Indo Kordsa Tbk and its competitors. This is 49% above median its historical median of 1.31. Over the past decade, PT Indo Kordsa Tbk's Quick Ratio has ranged from 0.88 to 2.07. According to the industry distribution chart, PT Indo Kordsa Tbk ranks #283 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.6%.
Is PT Indo Kordsa Tbk's Quick Ratio too high?
PT Indo Kordsa Tbk's current Quick Ratio of 1.95 is 49% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 2.07. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.12. PT Indo Kordsa Tbk's value of 1.95 is 74.9% above this industry median. Based on the distribution chart, PT Indo Kordsa Tbk ranks #283 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PT Indo Kordsa Tbk has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Kordsa Tbk's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Indo Kordsa Tbk ranks #283 out of 1062 companies for Quick Ratio. This puts PT Indo Kordsa Tbk in the upper half of its industry. The industry median Quick Ratio is 1.12. PT Indo Kordsa Tbk's value of 1.95 is 74.9% above this benchmark. Historically, PT Indo Kordsa Tbk's own Quick Ratio has ranged from 0.88 to 2.07 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.12, PT Indo Kordsa 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 Quick Ratio for a Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.12, based on 1,062 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 Indo Kordsa Tbk's current Quick Ratio of 1.95 is 74.9% 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 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 Indo Kordsa Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo Kordsa Tbk's current Quick Ratio is 1.95, which is 49% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Kordsa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Kordsa Tbk (ISX:BRAM) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2,942.00, compared to a current price of Rp4,530.00 — trading 54% above its estimated fair value. The current Quick Ratio is 1.95, which is 49% above median its 10-year median of 1.31 and 74.9% above the Manufacturing - Apparel & Accessories industry median of 1.12. PT Indo Kordsa Tbk's overall GF Score™ is 55/100 with 5 warning signs to review. 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 Indo Kordsa Tbk (ISX:BRAM), the current Quick Ratio is 1.95 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 Indo Kordsa Tbk (ISX:BRAM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo Kordsa Tbk stock appears to be overvalued. The current stock price of Rp4,530.00 is trading 54% above its estimated GF Value™ of Rp2,942.00. GuruFocus considers PT Indo Kordsa Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BRAM:

  • Quick Ratio: 1.95 (49% above median its 10-year median of 1.31)
  • GF Value™: Rp2,942.00 vs. price of Rp4,530.00 (54% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 74.9% above the Manufacturing - Apparel & Accessories median (#283 of 1062)

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


PT Indo Kordsa Tbk Business Description

Address Jalan Pahlawan, Desa Karang Asem Timur, Citeureup, Bogor, IDN, 16810
PT Indo Kordsa Tbk is an Indonesian company engaged in the manufacturing and sale of tire reinforcement materials. The business activity of the group is functioned through various divisions which include Tyre cord fabric, Nylon yarn, and Polyester yarn. The company generates a majority of its revenue from the tire cord fabric segment. Geographically, it derives a majority of its revenue from Thailand and also has a presence in Other Countries.
55GF Score

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

Rp4,530.00
Price
Rp2,942.00
GF Value