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PT MDTV Media Technologies Tbk (ISX:NETV) Quick Ratio : 0.31 (As of Mar. 2025)


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What is PT MDTV Media Technologies 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 MDTV Media Technologies Tbk's quick ratio for the quarter that ended in Mar. 2025 was 0.31.

PT MDTV Media Technologies Tbk has a quick ratio of 0.31. It indicates that the company cannot currently fully pay back its current liabilities.

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

ISX:NETV' s Quick Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.19   Max: 0.53
Current: 0.31

During the past 7 years, PT MDTV Media Technologies Tbk's highest Quick Ratio was 0.53. The lowest was 0.08. And the median was 0.19.

ISX:NETV's Quick Ratio is ranked worse than
93.13% of 1048 companies
in the Media - Diversified industry
Industry Median: 1.43 vs ISX:NETV: 0.31

PT MDTV Media Technologies Tbk Quick Ratio Historical Data

The historical data trend for PT MDTV Media Technologies 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 MDTV Media Technologies Tbk Quick Ratio Chart

PT MDTV Media Technologies Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial 0.19 0.17 0.53 0.09 0.44

PT MDTV Media Technologies Tbk Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.08 0.09 0.08 0.44 0.31

Competitive Comparison of PT MDTV Media Technologies Tbk's Quick Ratio

For the Broadcasting subindustry, PT MDTV Media Technologies 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 MDTV Media Technologies Tbk's Quick Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT MDTV Media Technologies Tbk's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PT MDTV Media Technologies Tbk's Quick Ratio falls into.


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PT MDTV Media Technologies 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 MDTV Media Technologies 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
=(654521.094-505070.855)/342093.32
=0.44

PT MDTV Media Technologies Tbk's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(610554.448-497290.061)/361790.664
=0.31

* 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 MDTV Media Technologies Tbk  (ISX:NETV) 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 MDTV Media Technologies Tbk Quick Ratio Related Terms

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PT MDTV Media Technologies Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Setiabudi Selatan No. 7, MD Place Tower I Lt. 2, Setiabudi, Jakarta, IDN, 12910
PT MDTV Media Technologies Tbk, formerly PT Net Visi Media Tbk, is a holding company. Along with its subsidiaries, it carries out business activities in the media industry. It is engaged in Artist Management, Television Broadcasting, Content Production, and Digital Media. The company has only one main business segment, namely Media.

PT MDTV Media Technologies Tbk Headlines

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