PT Golden Energy Mines Tbk (ISX:GEMS) Quick Ratio: 1.64 (As of Mar. 2026) — 15% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:GEMS PT Golden Energy Mines Tbk ISX:GEMS
90 GF Score
Price Rp6,775.00
GF Value Rp7,791.66
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is PT Golden Energy Mines Tbk Quick Ratio?

PT Golden Energy Mines Tbk ISX:GEMS +1.12% 90 Quick Ratio is 1.64 as of Mar. 2026, which is 15% above its 10-year median of 1.42. GuruFocus rates ISX:GEMS with a GF Score™ of 90/100 and a GF Value™ of Rp7,791.66 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 186 Other Energy Sources companies, PT Golden Energy Mines Tbk ranks better than 50% 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 Golden Energy Mines Tbk's quick ratio for the quarter that ended in Mar. 2026 was 1.64.

PT Golden Energy Mines Tbk has a quick ratio of 1.64. It generally indicates good short-term financial strength.

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

ISX:GEMS' s Quick Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.42   Max: 3.62
Current: 1.64

During the past 13 years, PT Golden Energy Mines Tbk's highest Quick Ratio was 3.62. The lowest was 0.95. And the median was 1.42.

ISX:GEMS's Quick Ratio is ranked better than
50% of 186 companies
in the Other Energy Sources industry
Industry Median: 1.63 vs ISX:GEMS: 1.64

PT Golden Energy Mines Tbk  (ISX:GEMS) 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 Golden Energy Mines Tbk Quick Ratio Related Terms


PT Golden Energy Mines Tbk Quick Ratio Historical Data

* Premium members only.

The historical data trend for PT Golden Energy Mines 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 Golden Energy Mines Tbk Quick Ratio Chart

PT Golden Energy Mines 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 0.95 1.44 1.30 1.31 1.40

PT Golden Energy Mines 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 1.56 1.20 1.32 1.40 1.64

PT Golden Energy Mines Tbk Quick Ratio Competitor Comparison

For the Thermal Coal subindustry, PT Golden Energy Mines 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 Golden Energy Mines Tbk Quick Ratio vs Other Energy Sources Industry

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

* The bar in red indicates where PT Golden Energy Mines Tbk's Quick Ratio falls into.


ISX:GEMS
90GF Score
PT Golden Energy Mines Tbk ISX:GEMS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Golden Energy Mines 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 Golden Energy Mines 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
=(9724248.889-669153.801)/6479858.725
=1.40

PT Golden Energy Mines 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
=(10134588.363-718905.009)/5739778.903
=1.64

* 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 1.64 mean?
PT Golden Energy Mines Tbk (ISX:GEMS) has a Quick Ratio of 1.64 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Golden Energy Mines Tbk and its competitors. This is 15% above median its historical median of 1.42. Over the past decade, PT Golden Energy Mines Tbk's Quick Ratio has ranged from 0.95 to 3.62. According to the industry distribution chart, PT Golden Energy Mines Tbk ranks #93 out of 186 companies in the Other Energy Sources industry, placing it in the top 50%.
Is PT Golden Energy Mines Tbk's Quick Ratio too high?
PT Golden Energy Mines Tbk's current Quick Ratio of 1.64 is 15% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 3.62. The Other Energy Sources industry median Quick Ratio is 1.63. PT Golden Energy Mines Tbk's value of 1.64 is 0.6% above this industry median. Based on the distribution chart, PT Golden Energy Mines Tbk ranks #93 out of 186 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, PT Golden Energy Mines Tbk has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Golden Energy Mines Tbk's Quick Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Golden Energy Mines Tbk ranks #93 out of 186 companies for Quick Ratio. This puts PT Golden Energy Mines Tbk in the upper half of its industry. The industry median Quick Ratio is 1.63. PT Golden Energy Mines Tbk's value of 1.64 is 0.6% above this benchmark. Historically, PT Golden Energy Mines Tbk's own Quick Ratio has ranged from 0.95 to 3.62 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.63, PT Golden Energy Mines 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 Other Energy Sources company?
The median Quick Ratio among Other Energy Sources companies is 1.63, based on 186 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 Golden Energy Mines Tbk's current Quick Ratio of 1.64 is 0.6% 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 Golden Energy Mines Tbk and its competitors. For the Other Energy Sources industry, the median Quick Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Golden Energy Mines Tbk's current Quick Ratio is 1.64, which is 15% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Golden Energy Mines Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Golden Energy Mines Tbk (ISX:GEMS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp7,791.66, compared to a current price of Rp6,775.00 — trading 13% below its estimated fair value. The current Quick Ratio is 1.64, which is 15% above median its 10-year median of 1.42 and 0.6% above the Other Energy Sources industry median of 1.63. PT Golden Energy Mines Tbk's overall GF Score™ is 90/100 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 Golden Energy Mines Tbk (ISX:GEMS), the current Quick Ratio is 1.64 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 Golden Energy Mines Tbk (ISX:GEMS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Golden Energy Mines Tbk stock appears to be undervalued. The current stock price of Rp6,775.00 is trading 13% below its estimated GF Value™ of Rp7,791.66. GuruFocus considers PT Golden Energy Mines Tbk to be Modestly Undervalued.

Key valuation signals for ISX:GEMS:

  • Quick Ratio: 1.64 (15% above median its 10-year median of 1.42)
  • GF Value™: Rp7,791.66 vs. price of Rp6,775.00 (13% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 0.6% above the Other Energy Sources median (#93 of 186)

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


PT Golden Energy Mines Tbk Business Description

Address Jalan MH Thamrin No. 51, Sinar Mas Land Plaza, Tower II, 6th Floor, Jakarta Pusat, Jakarta, IDN, 10350
PT Golden Energy Mines Tbk is an Indonesian-based company. Along with its subsidiary, it is engaged in the mining and coal trading business. The company is structured into two segments, namely, the Coal Mining Segment and the Coal Trading Segment. Its principal activities include the exploration, mining, processing, and marketing of thermal coal. The company operates in five concession areas: South Kalimantan, Central Kalimantan, Jambi, and South Sumatra. The majority of its revenue is derived from the Coal Mining segment.
90GF Score

Get the complete analysis for ISX:GEMS

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

Rp6,775.00
Price
Rp7,791.66
GF Value