GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Grahaprima Suksesmandiri Tbk (ISX:GTRA) » Definitions » Quick Ratio

PT Grahaprima Suksesmandiri Tbk (ISX:GTRA) Quick Ratio : 0.00 (As of . 20)


View and export this data going back to 2023. Start your Free Trial

What is PT Grahaprima Suksesmandiri Tbk Quick Ratio?

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 Grahaprima Suksesmandiri Tbk's quick ratio for the quarter that ended in . 20 was 0.00.

PT Grahaprima Suksesmandiri Tbk has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

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

ISX:GTRA's Quick Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.31
* Ranked among companies with meaningful Quick Ratio only.

PT Grahaprima Suksesmandiri Tbk Quick Ratio Historical Data

The historical data trend for PT Grahaprima Suksesmandiri 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.

* Premium members only.

PT Grahaprima Suksesmandiri Tbk Quick Ratio Chart

PT Grahaprima Suksesmandiri Tbk Annual Data
Trend
Quick Ratio

PT Grahaprima Suksesmandiri Tbk Semi-Annual Data
Quick Ratio

Competitive Comparison of PT Grahaprima Suksesmandiri Tbk's Quick Ratio

For the Integrated Freight & Logistics subindustry, PT Grahaprima Suksesmandiri 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 Grahaprima Suksesmandiri Tbk's Quick Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Grahaprima Suksesmandiri Tbk's Quick Ratio distribution charts can be found below:

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


;
;

PT Grahaprima Suksesmandiri 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 Grahaprima Suksesmandiri Tbk's Quick Ratio for the fiscal year that ended in . 20 is calculated as

PT Grahaprima Suksesmandiri Tbk's Quick Ratio for the quarter that ended in . 20 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 Grahaprima Suksesmandiri Tbk  (ISX:GTRA) 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 Grahaprima Suksesmandiri Tbk Quick Ratio Related Terms

Thank you for viewing the detailed overview of PT Grahaprima Suksesmandiri Tbk's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Grahaprima Suksesmandiri Tbk Business Description

Traded in Other Exchanges
N/A
Address
Graha 55 Lt 3 Jl. Tanah Abang II / 57, Petojo Selatan, Gambir Jakarta Pusat, Jakarta, IDN, 10160
PT Grahaprima Suksesmandiri Tbk is engaged in the motorized transportation of general goods. It is Business ActivitiesLand transportation for goods, Warehousing and storage, Management consulting activities, Car trading, and Car repair and maintenance. Its segments are Land Transportation and Body Builder. It generates the majority of its revenue from the Land Transportation segment.

PT Grahaprima Suksesmandiri Tbk Headlines

No Headlines