PT Tower Bersama Infrastructure Tbk

PT Tower Bersama Infrastructure Tbkverified

TBIG.JK

Price:

$1875

Market Cap:

$42.17T

PT Tower Bersama Infrastructure Tbk, together with its subsidiaries, provides telecommunication infrastructure space for installation of telecommunication equipment in Indonesia. It leases space for antennas and other equipment for wireless signal transmission at tower sites with telecommunications operators. The company also provides telecommunications operators with access to its distributed antennae system (DAS) networks in shopping malls and office buildings in urban areas. As of December 31, 2021, it had 39,088 tenants; and 20,578 telecommunications sites comprising 20,466 telecommunications towers and 112 DAS networks. The company was formerly known as PT Banyan Mas. PT Tower Bersama I...[Read more]

Industry

Telecommunications Services

IPO Date

2010-10-26

Stock Exchange

JKT

Ticker

TBIG.JK

The Current Ratio as of November 2024 (TTM) for PT Tower Bersama Infrastructure Tbk (TBIG.JK) is 0.21

According to PT Tower Bersama Infrastructure Tbk’s latest financial reports and current stock price. The company's current Current Ratio is 0.21. This represents a change of -13.85% compared to the average of 0.24 of the last 4 quarters.

PT Tower Bersama Infrastructure Tbk (TBIG.JK) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of PT Tower Bersama Infrastructure Tbk over the last ten years is 0.56. The current 0.21 Current Ratio has changed 3.60% with respect to the historical average. Over the past ten years (40 quarters), TBIG.JK's Current Ratio was at its highest in in the December 2015 quarter at 1.36. The Current Ratio was at its lowest in in the March 2024 quarter at 0.20.

Quarterly (TTM)
Annual

Average

0.56

Median

0.38

Minimum

0.23

Maximum

1.36

PT Tower Bersama Infrastructure Tbk (TBIG.JK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of PT Tower Bersama Infrastructure 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 = 293.92%

Maximum Annual Current Ratio = 1.36

Minimum Annual Increase = -68.18%

Minimum Annual Current Ratio = 0.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.34-15.65%
20220.4114.02%
20210.3652.96%
20200.23-55.52%
20190.5366.87%
20180.32-68.18%
20170.9946.67%
20160.68-50.32%
20151.36293.92%
20140.35-47.74%

PT Tower Bersama Infrastructure Tbk (TBIG.JK) Average Current Ratio

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

The current Current Ratio of PT Tower Bersama Infrastructure Tbk (TBIG.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

0.37

5-year avg

0.37

10-year avg

0.56

PT Tower Bersama Infrastructure Tbk (TBIG.JK) Current Ratio vs. Peers

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

PT Tower Bersama Infrastructure Tbk’s Current Ratio is less than PT Sarana Menara Nusantara Tbk. (0.23), less than PT XL Axiata Tbk (0.31), less than PT Merdeka Copper Gold Tbk (1.20), less than PT Surya Citra Media Tbk (3.49), less than PT AKR Corporindo Tbk (1.56),

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