PT Rig Tenders Indonesia Tbk has a quick ratio of 58.14. It generally indicates good short-term financial strength.
The historical rank and industry rank for PT Rig Tenders Indonesia Tbk's Quick Ratio or its related term are showing as below:
ISX:RIGS'
s Quick Ratio Range Over the Past 10 Years
Min: 0.44 Med: 3.17 Max: 58.14
Current: 58.14
During the past 12 years, PT Rig Tenders Indonesia Tbk's highest Quick Ratio was 58.14. The lowest was 0.44. And the median was 3.17.
ISX:RIGS's Quick Ratio is ranked better than 99.7% of 1001
companies
in the Transportation industry
Industry Median: 1.35
vs ISX:RIGS: 58.14
PT Rig Tenders Indonesia Tbk (ISX:RIGS) 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 Rig Tenders Indonesia Tbk Quick Ratio Related Terms
PT Rig Tenders Indonesia Tbk Quick Ratio Historical Data
* 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 Rig Tenders Indonesia Tbk Quick Ratio Competitor Comparison
For the Marine Shipping subindustry, PT Rig Tenders 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 Rig Tenders Indonesia Tbk Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, PT Rig Tenders Indonesia Tbk's Quick Ratio distribution charts can be found below:
* The bar in red indicates where PT Rig Tenders Indonesia Tbk's Quick Ratio falls into.
PT Rig Tenders 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.
* 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 Rig Tenders Indonesia Tbk (ISX:RIGS) has a Quick Ratio of 58.14 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Rig Tenders Indonesia Tbk and its competitors. This is 1734% above median its historical median of 3.17. Over the past decade, PT Rig Tenders Indonesia Tbk's Quick Ratio has ranged from 0.44 to 58.14. According to the industry distribution chart, PT Rig Tenders Indonesia Tbk ranks #3 out of 1001 companies in the Transportation industry, placing it in the top 0.3%.
Is PT Rig Tenders Indonesia Tbk's Quick Ratio too high?
PT Rig Tenders Indonesia Tbk's current Quick Ratio of 58.14 is 1734% above median its 10-year median of 3.17. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 58.14. The Transportation industry median Quick Ratio is 1.35. PT Rig Tenders Indonesia Tbk's value of 58.14 is 4206.7% above this industry median. Based on the distribution chart, PT Rig Tenders Indonesia Tbk ranks #3 out of 1001 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, PT Rig Tenders Indonesia Tbk has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Rig Tenders Indonesia Tbk's Quick Ratio compare to competitors?
According to the Transportation industry distribution chart, PT Rig Tenders Indonesia Tbk ranks #3 out of 1001 companies for Quick Ratio. This places PT Rig Tenders Indonesia Tbk in the top 0% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.35. PT Rig Tenders Indonesia Tbk's value of 58.14 is 4206.7% above this benchmark. Historically, PT Rig Tenders Indonesia Tbk's own Quick Ratio has ranged from 0.44 to 58.14 over the past decade. While the company's 10-year median is 3.17 vs. the industry median of 1.35, PT Rig Tenders Indonesia 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 a Transportation company?
The median Quick Ratio among Transportation companies is 1.35, based on 1,001 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 Rig Tenders Indonesia Tbk's current Quick Ratio of 58.14 is 4206.7% 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 Rig Tenders Indonesia Tbk and its competitors. For the Transportation industry, the median Quick Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Rig Tenders Indonesia Tbk's current Quick Ratio is 58.14, which is 1734% above median its own 10-year median of 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rig Tenders Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Rig Tenders Indonesia Tbk (ISX:RIGS) is currently considered Fairly Valued. The stock's GF Value™ is Rp619.92, compared to a current price of Rp670.00 — trading 8.1% above its estimated fair value. The current Quick Ratio is 58.14, which is 1734% above median its 10-year median of 3.17 and 4206.7% above the Transportation industry median of 1.35. PT Rig Tenders Indonesia Tbk's overall GF Score™ is 57/100 with 2 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 Rig Tenders Indonesia Tbk (ISX:RIGS), the current Quick Ratio is 58.14 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 Rig Tenders Indonesia Tbk (ISX:RIGS) Overvalued in 2026?
Based on GuruFocus' analysis, PT Rig Tenders Indonesia Tbk stock appears to be overvalued.
The current stock price of Rp670.00 is trading 8.1% above its estimated GF Value™ of Rp619.92.
GuruFocus considers PT Rig Tenders Indonesia Tbk to be Fairly Valued.
Key valuation signals for ISX:RIGS:
Quick Ratio: 58.14 (1734% above median its 10-year median of 3.17)
GF Value™: Rp619.92 vs. price of Rp670.00 (8.1% above fair value)
Industry Position: 4206.7% above the Transportation median (#3 of 1001)
No single metric tells the full story. See the ISX:RIGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Rig Tenders Indonesia Tbk is a domestic and foreign shipping (especially offshore) and placement installation services and drilling rig offshore company. The company provides services as Offshore Support, Coal Transport, Other Services and Vessel. The Company classifies its business activities into two main segments, namely coal and marine support services. The coal segment provides tugboat and barge rental services for mining companies to transport coal and other aggregate materials. Meanwhile, the marine services segment offers supply vessel and accommodation on barge rentals to support upstream sector operations.
57GF Score
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