PT Maskapai Reasuransi Indonesia Tbk

PT Maskapai Reasuransi Indonesia Tbkverified

MREI.JK

Price:

$995

Market Cap:

$515.20B

PT Maskapai Reasuransi Indonesia Tbk engages in the reinsurance business in Indonesia. It offers general reinsurance products, such as property, motor vehicle, marine hull and cargo, aviation, health, liability, personal accident, suretyship, and engineering reinsurance, as well as energy, and oil and gas reinsurance. The company also provides life reinsurance, including term life, personal accident, financing life, credit life, critical illness, health, Hajj, and catastrophe reinsurance products. The company was founded in 1953 and is based in South Jakarta, Indonesia.[Read more]

Industry

Insurance - Reinsurance

IPO Date

2005-09-29

Stock Exchange

JKT

Ticker

MREI.JK

The Current Ratio as of November 2024 (TTM) for PT Maskapai Reasuransi Indonesia Tbk (MREI.JK) is 1.04

According to PT Maskapai Reasuransi Indonesia Tbk’s latest financial reports and current stock price. The company's current Current Ratio is 1.04. This represents a change of -62.77% compared to the average of 2.80 of the last 4 quarters.

PT Maskapai Reasuransi Indonesia Tbk (MREI.JK) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of PT Maskapai Reasuransi Indonesia Tbk over the last ten years is 5.88. The current 1.04 Current Ratio has changed 1.67% with respect to the historical average. Over the past ten years (40 quarters), MREI.JK's Current Ratio was at its highest in in the September 2017 quarter at 262.06. The Current Ratio was at its lowest in in the June 2024 quarter at 1.01.

Quarterly (TTM)
Annual

Average

5.88

Median

5.35

Minimum

1.27

Maximum

12.13

PT Maskapai Reasuransi Indonesia Tbk (MREI.JK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of PT Maskapai Reasuransi Indonesia 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 = 36.94%

Maximum Annual Current Ratio = 12.13

Minimum Annual Increase = -79.64%

Minimum Annual Current Ratio = 1.27

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.27-79.64%
20226.2529.29%
20214.835.02%
20204.6036.94%
20193.367.65%
20183.12-51.19%
20176.408.84%
20165.88-46.51%
201510.99-9.47%
201412.1322.90%

PT Maskapai Reasuransi Indonesia Tbk (MREI.JK) Average Current Ratio

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

The current Current Ratio of PT Maskapai Reasuransi Indonesia Tbk (MREI.JK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.12

5-year avg

4.06

10-year avg

5.88

PT Maskapai Reasuransi Indonesia Tbk (MREI.JK) Current Ratio vs. Peers

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

PT Maskapai Reasuransi Indonesia Tbk’s Current Ratio is less than PT Lippo General Insurance Tbk (1.99), less than PT Paninvest Tbk (5.55), greater than PT Mandala Multifinance Tbk (0), less than PT Bank Mayapada Internasional Tbk (1.26), less than PT Panin Sekuritas Tbk (3.07),

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