PIKQF (PT Indah Kiat Pulp & Paper Tbk) Quick Ratio: 2.51 (As of Mar. 2026) — 22% Above Median


PIKQF PT Indah Kiat Pulp & Paper Tbk PIKQF
97 GF Score
Price $0.53
GF Value $0.68
! 4 Warning Signs
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What is PT Indah Kiat Pulp & Paper Tbk Quick Ratio?

PT Indah Kiat Pulp & Paper Tbk PIKQF 97 Quick Ratio is 2.51 as of Mar. 2026, which is 22% above its 10-year median of 2.06. GuruFocus rates PIKQF with a GF Score™ of 97/100 and a GF Value™ of $0.68. The stock has 4 warning signs investors should review. Among 289 Forest Products companies, PT Indah Kiat Pulp & Paper Tbk ranks better than 83.04% 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 Indah Kiat Pulp & Paper Tbk's quick ratio for the quarter that ended in Mar. 2026 was 2.51.

PT Indah Kiat Pulp & Paper Tbk has a quick ratio of 2.51. It generally indicates good short-term financial strength.

The historical rank and industry rank for PT Indah Kiat Pulp & Paper Tbk's Quick Ratio or its related term are showing as below:

PIKQF' s Quick Ratio Range Over the Past 10 Years
Min: 0.88   Med: 2.06   Max: 2.61
Current: 2.51

During the past 13 years, PT Indah Kiat Pulp & Paper Tbk's highest Quick Ratio was 2.61. The lowest was 0.88. And the median was 2.06.

PIKQF's Quick Ratio is ranked better than
83.04% of 289 companies
in the Forest Products industry
Industry Median: 0.93 vs PIKQF: 2.51

PT Indah Kiat Pulp & Paper Tbk  (OTCPK:PIKQF) 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 Indah Kiat Pulp & Paper Tbk Quick Ratio Related Terms


PT Indah Kiat Pulp & Paper Tbk Quick Ratio Historical Data

* Premium members only.

The historical data trend for PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Quick Ratio Chart

PT Indah Kiat Pulp & Paper Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 2.23 2.48 2.51 2.52

PT Indah Kiat Pulp & Paper Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.61 2.56 2.41 2.52 2.51

PIKQF vs SLVM: Quick Ratio Comparison

For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Quick Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Quick Ratio falls into.


PIKQF
97GF Score
PT Indah Kiat Pulp & Paper Tbk PIKQF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper 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
=(6133.594-414.747)/2272.033
=2.52

PT Indah Kiat Pulp & Paper 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
=(6296.086-418.341)/2342.449
=2.51

* 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 2.51 mean?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a Quick Ratio of 2.51 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Indah Kiat Pulp & Paper Tbk and its competitors. This is 22% above median its historical median of 2.06. Over the past decade, PT Indah Kiat Pulp & Paper Tbk's Quick Ratio has ranged from 0.88 to 2.61. According to the industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #49 out of 289 companies in the Forest Products industry, placing it in the top 17%.
Is PT Indah Kiat Pulp & Paper Tbk's Quick Ratio too high?
PT Indah Kiat Pulp & Paper Tbk's current Quick Ratio of 2.51 is 22% above median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 2.61. The Forest Products industry median Quick Ratio is 0.93. PT Indah Kiat Pulp & Paper Tbk's value of 2.51 is 169.9% above this industry median. Based on the distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #49 out of 289 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indah Kiat Pulp & Paper Tbk has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does PT Indah Kiat Pulp & Paper Tbk's Quick Ratio compare to SLVM?
According to the Forest Products industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #49 out of 289 companies for Quick Ratio. This places PT Indah Kiat Pulp & Paper Tbk in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.93. PT Indah Kiat Pulp & Paper Tbk's value of 2.51 is 169.9% above this benchmark. Historically, PT Indah Kiat Pulp & Paper Tbk's own Quick Ratio has ranged from 0.88 to 2.61 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 0.93, PT Indah Kiat Pulp & Paper 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 Forest Products company?
The median Quick Ratio among Forest Products companies is 0.93, based on 289 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 Indah Kiat Pulp & Paper Tbk's current Quick Ratio of 2.51 is 169.9% 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 Indah Kiat Pulp & Paper Tbk and its competitors. For the Forest Products industry, the median Quick Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indah Kiat Pulp & Paper Tbk's current Quick Ratio is 2.51, which is 22% above median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indah Kiat Pulp & Paper Tbk stock overvalued right now?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a current Quick Ratio of 2.51. The stock's GF Value™ is $0.68, compared to a current price of $0.53 — trading 22% below its estimated fair value. The current Quick Ratio is 2.51, which is 22% above median its 10-year median of 2.06 and 169.9% above the Forest Products industry median of 0.93. PT Indah Kiat Pulp & Paper Tbk's overall GF Score™ is 97/100 with 4 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 Indah Kiat Pulp & Paper Tbk (PIKQF), the current Quick Ratio is 2.51 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 Indah Kiat Pulp & Paper Tbk (PIKQF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indah Kiat Pulp & Paper Tbk stock appears to be undervalued. The current stock price of $0.53 is trading 22% below its estimated GF Value™ of $0.68.

Key valuation signals for PIKQF:

  • Quick Ratio: 2.51 (22% above median its 10-year median of 2.06)
  • GF Value™: $0.68 vs. price of $0.53 (22% below fair value)
  • GF Score™: 97/100 with 4 warning signs
  • Industry Position: 169.9% above the Forest Products median (#49 of 289)

No single metric tells the full story. See the PIKQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Indah Kiat Pulp & Paper Tbk Business Description

Other Exchanges INKP:IndonesiaIKP:Germany
Address Jalan M.H. Thamrin No. 51, Tower 2, 9th Floor, Building Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp, and packaging paper. The company's operating segments are: cultural paper and pulp, which derives maximum revenue; and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper and tissue products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, the company generates maximum revenue from Indonesia, and the rest from Asia, Europe, America, the Middle East, Africa, and Australia.
97GF Score

Get the complete analysis for PIKQF

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.53
Price
$0.68
GF Value