PT Argo Pantes Tbk

PT Argo Pantes Tbkverified

ARGO.JK

Price:

$1075

Market Cap:

$3.41T

PT Argo Pantes Tbk produces and sells various textile products primarily in Indonesia. The company is involved in the warehouse and office rental activities. PT Argo Pantes Tbk was incorporated in 1977 and is headquartered in South Jakarta, Indonesia.[Read more]

Industry

Apparel - Manufacturers

IPO Date

2003-07-25

Stock Exchange

JKT

Ticker

ARGO.JK

The Current Ratio as of November 2024 (TTM) for PT Argo Pantes Tbk (ARGO.JK) is 0.41

According to PT Argo Pantes Tbk’s latest financial reports and current stock price. The company's current Current Ratio is 0.41. This represents a change of 4.29% compared to the average of 0.39 of the last 4 quarters.

PT Argo Pantes Tbk (ARGO.JK) Historical Current Ratio (quarterly & annually)

How has ARGO.JK Current Ratio performed in the past?

The mean historical Current Ratio of PT Argo Pantes Tbk over the last ten years is 0.20. The current 0.41 Current Ratio has changed 20.30% with respect to the historical average. Over the past ten years (40 quarters), ARGO.JK's Current Ratio was at its highest in in the December 2014 quarter at 0.41. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

0.20

Median

0.15

Minimum

0.06

Maximum

0.41

PT Argo Pantes Tbk (ARGO.JK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of PT Argo Pantes Tbk Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 388.21%

Maximum Annual Current Ratio = 0.41

Minimum Annual Increase = -41.20%

Minimum Annual Current Ratio = 0.06

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.37388.21%
20220.08-1.47%
20210.0832.97%
20200.06-40.08%
20190.10-21.34%
20180.12-33.83%
20170.18-41.20%
20160.316.68%
20150.29-28.30%
20140.41-39.23%

PT Argo Pantes Tbk (ARGO.JK) Average Current Ratio

How has ARGO.JK Current Ratio performed in the past?

The current Current Ratio of PT Argo Pantes Tbk (ARGO.JK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.17

5-year avg

0.13

10-year avg

0.20

PT Argo Pantes Tbk (ARGO.JK) Current Ratio vs. Peers

How is ARGO.JK’s Current Ratio compared to its peers?

PT Argo Pantes Tbk’s Current Ratio is less than PT Sepatu Bata Tbk. (0.72), less than PT Ever Shine Tex Tbk (1.20), less than PT Eratex Djaja Tbk (1.32), greater than PT Century Textile Industry Tbk (0.26), less than PT Primarindo Asia Infrastructure Tbk. (0.52),

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