PT Sinar Eka Selaras Tbk has a Cash Ratio of 1.10. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for PT Sinar Eka Selaras Tbk's Cash Ratio or its related term are showing as below:
ISX:ERAL'
s Cash Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.65 Max: 1.1
Current: 1.1
During the past 4 years, PT Sinar Eka Selaras Tbk's highest Cash Ratio was 1.10. The lowest was 0.47. And the median was 0.65.
ISX:ERAL's Cash Ratio is ranked better than 78.58% of 1097
companies
in the Retail - Cyclical industry
Industry Median: 0.38
vs ISX:ERAL: 1.10
PT Sinar Eka Selaras Tbk Cash 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.
* Premium members only.
PT Sinar Eka Selaras Tbk Cash Ratio Chart
PT Sinar Eka Selaras Tbk Annual Data
Trend
Dec20
Dec21
Dec22
Dec23
Cash Ratio
0.65
-
0.47
1.10
PT Sinar Eka Selaras Tbk Semi-Annual Data
Dec20
Dec21
Dec22
Dec23
Cash Ratio
0.65
-
0.47
1.10
Competitive Comparison of PT Sinar Eka Selaras Tbk's Cash Ratio
For the Specialty Retail subindustry, PT Sinar Eka Selaras Tbk's Cash Ratio, along with its competitors' market caps and Cash 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 Sinar Eka Selaras Tbk's Cash Ratio Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, PT Sinar Eka Selaras Tbk's Cash Ratio distribution charts can be found below:
* The bar in red indicates where PT Sinar Eka Selaras Tbk's Cash Ratio falls into.
PT Sinar Eka Selaras Tbk Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
PT Sinar Eka Selaras Tbk's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
* 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 Sinar Eka Selaras Tbk (ISX:ERAL) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
PT Sinar Eka Selaras Tbk Cash Ratio Related Terms
Thank you for viewing the detailed overview of PT Sinar Eka Selaras Tbk's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Sinar Eka Selaras Tbk (ISX:ERAL) Business Description
PT Sinar Eka Selaras Tbk is a company engaged in the end-to-end retail products trading business that focuses on computers and electronic equipment as well as clothing for several brands in Indonesia. It focuses on sales of lifestyle-related products such as accessories, Internet of Things (IoT), sports fashion apparel, as well as other outdoor activity-related products with a variety of stores, from multi-brand concepts like Urban Republic & JD Sports stores to mono-brand concepts like Asics, DJI, Garmin, and other several brands. Its vision is to become an active lifestyle company and a mission to provide innovative solutions and outstanding services through a world-class active lifestyle product portfolio, supported by the Omni-Channel Network spread throughout the country.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ISX:ERAL has been successfully added to your