PT Citra Nusantara Gemilang Tbk (ISX:CGAS) Quick Ratio: 2.39 (As of Mar. 2026) — 14% Below Median


ISX:CGAS PT Citra Nusantara Gemilang Tbk ISX:CGAS
40 GF Score
Price Rp144.00
! 1 Warning Sign
View Full Analysis

What is PT Citra Nusantara Gemilang Tbk Quick Ratio?

PT Citra Nusantara Gemilang Tbk ISX:CGAS +2.13% 40 Quick Ratio is 2.39 as of Mar. 2026, which is 14% below its 10-year median of 2.77. GuruFocus rates ISX:CGAS with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 1,013 Oil & Gas companies, PT Citra Nusantara Gemilang Tbk ranks better than 77.39% 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 Citra Nusantara Gemilang Tbk's quick ratio for the quarter that ended in Mar. 2026 was 2.39.

PT Citra Nusantara Gemilang Tbk has a quick ratio of 2.39. It generally indicates good short-term financial strength.

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

ISX:CGAS' s Quick Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.77   Max: 4.42
Current: 2.39

During the past 6 years, PT Citra Nusantara Gemilang Tbk's highest Quick Ratio was 4.42. The lowest was 1.16. And the median was 2.77.

ISX:CGAS's Quick Ratio is ranked better than
77.39% of 1013 companies
in the Oil & Gas industry
Industry Median: 1.11 vs ISX:CGAS: 2.39

PT Citra Nusantara Gemilang Tbk  (ISX:CGAS) 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 Citra Nusantara Gemilang Tbk Quick Ratio Related Terms


PT Citra Nusantara Gemilang Tbk Quick Ratio Historical Data

* Premium members only.

The historical data trend for PT Citra Nusantara Gemilang 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 Citra Nusantara Gemilang Tbk Quick Ratio Chart

PT Citra Nusantara Gemilang Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 1.53 1.39 1.16 3.60 2.63

PT Citra Nusantara Gemilang Tbk Quarterly Data
Dec20 Dec21 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 3.69 3.12 2.91 2.63 2.39

ISX:CGAS vs VLO, MPC, PSX: Quick Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, PT Citra Nusantara Gemilang 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 Citra Nusantara Gemilang Tbk Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Citra Nusantara Gemilang Tbk's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PT Citra Nusantara Gemilang Tbk's Quick Ratio falls into.


ISX:CGAS
40GF Score
PT Citra Nusantara Gemilang Tbk ISX:CGAS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Citra Nusantara Gemilang 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 Citra Nusantara Gemilang 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
=(246212.227-9136.133)/90077.002
=2.63

PT Citra Nusantara Gemilang 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
=(272850.299-10890.514)/109826.536
=2.39

* 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 2.39 mean?
PT Citra Nusantara Gemilang Tbk (ISX:CGAS) has a Quick Ratio of 2.39 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Citra Nusantara Gemilang Tbk and its competitors. This is 14% below median its historical median of 2.77. Over the past decade, PT Citra Nusantara Gemilang Tbk's Quick Ratio has ranged from 1.16 to 4.42. According to the industry distribution chart, PT Citra Nusantara Gemilang Tbk ranks #229 out of 1013 companies in the Oil & Gas industry, placing it in the top 22.6%.
Is PT Citra Nusantara Gemilang Tbk's Quick Ratio too high?
PT Citra Nusantara Gemilang Tbk's current Quick Ratio of 2.39 is 14% below median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 4.42. The Oil & Gas industry median Quick Ratio is 1.11. PT Citra Nusantara Gemilang Tbk's value of 2.39 is 115.3% above this industry median. Based on the distribution chart, PT Citra Nusantara Gemilang Tbk ranks #229 out of 1013 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, PT Citra Nusantara Gemilang Tbk has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does PT Citra Nusantara Gemilang Tbk's Quick Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, PT Citra Nusantara Gemilang Tbk ranks #229 out of 1013 companies for Quick Ratio. This places PT Citra Nusantara Gemilang Tbk in the top 23% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. PT Citra Nusantara Gemilang Tbk's value of 2.39 is 115.3% above this benchmark. Historically, PT Citra Nusantara Gemilang Tbk's own Quick Ratio has ranged from 1.16 to 4.42 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 1.11, PT Citra Nusantara Gemilang 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,013 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 Citra Nusantara Gemilang Tbk's current Quick Ratio of 2.39 is 115.3% 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 Citra Nusantara Gemilang Tbk and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Citra Nusantara Gemilang Tbk's current Quick Ratio is 2.39, which is 14% below median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Citra Nusantara Gemilang Tbk stock overvalued right now?
PT Citra Nusantara Gemilang Tbk (ISX:CGAS) has a current Quick Ratio of 2.39. The current Quick Ratio is 2.39, which is 14% below median its 10-year median of 2.77 and 115.3% above the Oil & Gas industry median of 1.11. PT Citra Nusantara Gemilang Tbk's overall GF Score™ is 40/100 with 1 warning sign 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 Citra Nusantara Gemilang Tbk (ISX:CGAS), the current Quick Ratio is 2.39 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.

PT Citra Nusantara Gemilang Tbk Business Description

Industry EnergyOil & Gas
Address Jalan Kalimalang No. 126, Tegal Gede, Kelurahan Pasirsari, Kecamatan Cikarang Selatan, Kabupaten Bekasi, Provinsi Jawa Barat, Bekasi, IDN, 17530
PT Citra Nusantara Gemilang Tbk is mainly engaged in natural gas trading and distribution. Its service covers CNG B2B (Compressed Natural Gas Business to Business) and CNG B2C (Compressed Natural Gas Business to Consumer), targeting the transportation sector. The company also provides consulting services related to the operation and maintenance of natural gas equipment. Its operating segments are: Gas trading and distribution, and Others. The majority of its revenue is derived from the Gas trading and distribution segment, which includes industrial gas delivery to industrial clients, Gas distribution to retail customers and Micro, Small, and Medium Enterprises (MSMEs), as well as NGV gas supplied for public transportation and direct filling at gas filling stations owned by the group.
40GF Score

Get the complete analysis for ISX:CGAS

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

Rp144.00
Price