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PT Mastersystem Infotama Tbk (ISX:MSTI) Quick Ratio : 2.74 (As of Dec. 2024)


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What is PT Mastersystem Infotama 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 Mastersystem Infotama Tbk's quick ratio for the quarter that ended in Dec. 2024 was 2.74.

PT Mastersystem Infotama Tbk has a quick ratio of 2.74. It generally indicates good short-term financial strength.

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

ISX:MSTI' s Quick Ratio Range Over the Past 10 Years
Min: 1.6   Med: 2.03   Max: 2.74
Current: 2.74

During the past 5 years, PT Mastersystem Infotama Tbk's highest Quick Ratio was 2.74. The lowest was 1.60. And the median was 2.03.

ISX:MSTI's Quick Ratio is ranked better than
71.99% of 2831 companies
in the Software industry
Industry Median: 1.66 vs ISX:MSTI: 2.74

PT Mastersystem Infotama Tbk Quick Ratio Historical Data

The historical data trend for PT Mastersystem Infotama 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 Mastersystem Infotama Tbk Quick Ratio Chart

PT Mastersystem Infotama Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
2.03 1.74 1.60 2.03 2.74

PT Mastersystem Infotama Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.03 2.92 1.27 1.64 2.74

Competitive Comparison of PT Mastersystem Infotama Tbk's Quick Ratio

For the Information Technology Services subindustry, PT Mastersystem Infotama 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 Mastersystem Infotama Tbk's Quick Ratio Distribution in the Software Industry

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

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


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PT Mastersystem Infotama 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 Mastersystem Infotama Tbk's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2872820.232-615707.716)/824501.367
=2.74

PT Mastersystem Infotama Tbk's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2872820.232-615707.716)/824501.367
=2.74

* 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 Mastersystem Infotama Tbk  (ISX:MSTI) 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 Mastersystem Infotama Tbk Quick Ratio Related Terms

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PT Mastersystem Infotama Tbk Business Description

Traded in Other Exchanges
N/A
Address
Sudirman Building 7-8 Tower I, 25th Floor Jl. Jend, Sudirman Kav 7-8, Jakarta Pusat, Jakarta, IDN, 10220
PT Mastersystem Infotama Tbk is a system integration service provider in Indonesia. The Company offers a comprehensive range of Information and Communication Technology (ICT) solutions to customers by integrating various hardware, software, network, and communications components into a cohesive and functional system, thereby enabling seamless collaboration and interaction between existing technology systems. The Company provides comprehensive services for customers by planning, designing, implementing, and optimizing ICT infrastructure and offering solutions that support the achievement of increased efficiency, scalability, and productivity, so that customers can achieve sustainable business activity growth. The company generates the majority of its revenue from Hardware sales.

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