PT Maja Agung Latexindo Tbk (ISX:SURI) Quick Ratio: 3.61 (As of Mar. 2026) — 14% Above Median


ISX:SURI PT Maja Agung Latexindo Tbk ISX:SURI
28 GF Score
Price Rp59.00
! 2 Warning Signs
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What is PT Maja Agung Latexindo Tbk Quick Ratio?

PT Maja Agung Latexindo Tbk ISX:SURI -1.67% 28 Quick Ratio is 3.61 as of Mar. 2026, which is 14% above its 10-year median of 3.18. GuruFocus rates ISX:SURI with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 854 Medical Devices & Instruments companies, PT Maja Agung Latexindo Tbk ranks better than 73.07% on this metric.

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 Maja Agung Latexindo Tbk's quick ratio for the quarter that ended in Mar. 2026 was 3.61.

PT Maja Agung Latexindo Tbk has a quick ratio of 3.61. It generally indicates good short-term financial strength.

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

ISX:SURI' s Quick Ratio Range Over the Past 10 Years
Min: 0.62   Med: 3.18   Max: 4.55
Current: 3.61

During the past 6 years, PT Maja Agung Latexindo Tbk's highest Quick Ratio was 4.55. The lowest was 0.62. And the median was 3.18.

ISX:SURI's Quick Ratio is ranked better than
73.07% of 854 companies
in the Medical Devices & Instruments industry
Industry Median: 1.865 vs ISX:SURI: 3.61

PT Maja Agung Latexindo Tbk  (ISX:SURI) 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 Maja Agung Latexindo Tbk Quick Ratio Related Terms


PT Maja Agung Latexindo Tbk Quick Ratio Historical Data

* Premium members only.

The historical data trend for PT Maja Agung Latexindo 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.

PT Maja Agung Latexindo Tbk Quick Ratio Chart

PT Maja Agung Latexindo Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 0.81 0.62 3.99 2.91 3.49

PT Maja Agung Latexindo Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.03 3.18 3.15 3.49 3.61

ISX:SURI vs ISRG, BDX, MDLN: Quick Ratio Comparison

For the Medical Instruments & Supplies subindustry, PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Quick Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Maja Agung Latexindo Tbk's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PT Maja Agung Latexindo Tbk's Quick Ratio falls into.


ISX:SURI
28GF Score
PT Maja Agung Latexindo Tbk ISX:SURI
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(198368.263-54945.03)/41043.974
=3.49

PT Maja Agung Latexindo Tbk's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(202644.386-56206.993)/40555.684
=3.61

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 3.61 mean?
PT Maja Agung Latexindo Tbk (ISX:SURI) has a Quick Ratio of 3.61 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Maja Agung Latexindo Tbk and its competitors. This is 14% above median its historical median of 3.18. Over the past decade, PT Maja Agung Latexindo Tbk's Quick Ratio has ranged from 0.62 to 4.55. According to the industry distribution chart, PT Maja Agung Latexindo Tbk ranks #230 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 26.9%.
Is PT Maja Agung Latexindo Tbk's Quick Ratio too high?
PT Maja Agung Latexindo Tbk's current Quick Ratio of 3.61 is 14% above median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 4.55. The Medical Devices & Instruments industry median Quick Ratio is 1.87. PT Maja Agung Latexindo Tbk's value of 3.61 is 93.6% above this industry median. Based on the distribution chart, PT Maja Agung Latexindo Tbk ranks #230 out of 854 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, PT Maja Agung Latexindo Tbk has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does PT Maja Agung Latexindo Tbk's Quick Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, PT Maja Agung Latexindo Tbk ranks #230 out of 854 companies for Quick Ratio. This puts PT Maja Agung Latexindo Tbk in the upper half of its industry. The industry median Quick Ratio is 1.87. PT Maja Agung Latexindo Tbk's value of 3.61 is 93.6% above this benchmark. Historically, PT Maja Agung Latexindo Tbk's own Quick Ratio has ranged from 0.62 to 4.55 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 1.87, PT Maja Agung Latexindo 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.87, based on 854 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 Maja Agung Latexindo Tbk's current Quick Ratio of 3.61 is 93.6% 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 Maja Agung Latexindo Tbk and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Maja Agung Latexindo Tbk's current Quick Ratio is 3.61, which is 14% above median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Maja Agung Latexindo Tbk stock overvalued right now?
PT Maja Agung Latexindo Tbk (ISX:SURI) has a current Quick Ratio of 3.61. The current Quick Ratio is 3.61, which is 14% above median its 10-year median of 3.18 and 93.6% above the Medical Devices & Instruments industry median of 1.87. PT Maja Agung Latexindo Tbk's overall GF Score™ is 28/100 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 Maja Agung Latexindo Tbk (ISX:SURI), the current Quick Ratio is 3.61 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.

PT Maja Agung Latexindo Tbk Business Description

Address Jalan. Utama No. 98, Desa Pujimulyo Kecamatan Sunggal Kabupaten, Deli Serdang, Sumatera Utara, IDN, 20352
PT Maja Agung Latexindo Tbk specializes in the production of latex gloves, made from natural rubber, and is a primary choice in the medical and industrial sectors. The company's business includes business of making rubber goods for health support needs, such as contraceptive gloves (birth control)/ condoms, pacifiers and compresses, medical rubber gloves, and urinary catheters (folley catheter). Its segments include Gloves and Concentrated latex.
28GF Score

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