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PT Informasi Teknologi Indonesia Tbk (ISX:JATI) Quick Ratio : 0.00 (As of . 20)


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What is PT Informasi Teknologi Indonesia 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 Informasi Teknologi Indonesia Tbk's quick ratio for the quarter that ended in . 20 was 0.00.

PT Informasi Teknologi Indonesia 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 Informasi Teknologi Indonesia Tbk's Quick Ratio or its related term are showing as below:

ISX:JATI's Quick Ratio is not ranked *
in the Software industry.
Industry Median: 1.64
* Ranked among companies with meaningful Quick Ratio only.

PT Informasi Teknologi Indonesia Tbk Quick Ratio Historical Data

The historical data trend for PT Informasi Teknologi Indonesia 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 Informasi Teknologi Indonesia Tbk Quick Ratio Chart

PT Informasi Teknologi Indonesia Tbk Annual Data
Trend
Quick Ratio

PT Informasi Teknologi Indonesia Tbk Semi-Annual Data
Quick Ratio

Competitive Comparison of PT Informasi Teknologi Indonesia Tbk's Quick Ratio

For the Information Technology Services subindustry, PT Informasi Teknologi Indonesia 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 Informasi Teknologi Indonesia Tbk's Quick Ratio Distribution in the Software Industry

For the Software industry and Technology sector, PT Informasi Teknologi Indonesia Tbk's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PT Informasi Teknologi Indonesia Tbk's Quick Ratio falls into.



PT Informasi Teknologi Indonesia 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 Informasi Teknologi Indonesia Tbk's Quick Ratio for the fiscal year that ended in . 20 is calculated as

PT Informasi Teknologi Indonesia 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 Informasi Teknologi Indonesia Tbk  (ISX:JATI) 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 Informasi Teknologi Indonesia Tbk Quick Ratio Related Terms

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PT Informasi Teknologi Indonesia Tbk (ISX:JATI) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Mampang Prapatan Raya No. 3, Graha orange tower B 2 Floor, Jakarta, IDN, 12790
PT Informasi Teknologi Indonesia Tbk is engaged mainly in information service activities, programming activities, computer consulting, and telecommunications. The main business activities include Premium SMS Content Services business, data communication system service business, Artificial Intelligence Based Programming Activities, Other Computer Programming Activities, Web Portals and/or Digital Platforms with Commercial Purposes, computer and equipment retail, and software retail business activities. The company's reportable segments are Sms broadcast, Whatsapp, and Other services. The majority of revenue is derived from the Sms broadcast segment.

PT Informasi Teknologi Indonesia Tbk (ISX:JATI) Headlines

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