PT Tirta Mahakam Resources Tbk

PT Tirta Mahakam Resources Tbkverified

TIRT.JK

Price:

$21

Market Cap:

$21.25B

PT Tirta Mahakam Resources Tbk manufactures and sells plywood and related wood products in Indonesia. The company floorbase, general plywood, concrete panel, structure panel, barecore, blockboard, polyester plywood, and polyester blockboard. It also exports its products to Japan, India, Taiwan, and internationally. The company was formerly known as PT Tirta Mahakam Plywood Industry. The company was founded in 1981 and is headquartered in Jakarta Selatan, Indonesia. PT Tirta Mahakam Resources Tbk is a subsidiary of PT Harita Jayaraya.[Read more]

Industry

Paper, Lumber & Forest Products

IPO Date

2000-05-16

Stock Exchange

JKT

Ticker

TIRT.JK

The Current Ratio as of November 2024 (TTM) for PT Tirta Mahakam Resources Tbk (TIRT.JK) is 200.50

According to PT Tirta Mahakam Resources Tbk’s latest financial reports and current stock price. The company's current Current Ratio is 200.50. This represents a change of 20.22% compared to the average of 166.78 of the last 4 quarters.

PT Tirta Mahakam Resources Tbk (TIRT.JK) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of PT Tirta Mahakam Resources Tbk over the last ten years is 9.09. The current 200.50 Current Ratio has changed 220.40% with respect to the historical average. Over the past ten years (40 quarters), TIRT.JK's Current Ratio was at its highest in in the June 2024 quarter at 316.85. The Current Ratio was at its lowest in in the September 2021 quarter at 0.16.

Quarterly (TTM)
Annual

Average

9.09

Median

1.08

Minimum

0.27

Maximum

83.43

PT Tirta Mahakam Resources Tbk (TIRT.JK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of PT Tirta Mahakam Resources 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 = 25.38%

Maximum Annual Current Ratio = 83.43

Minimum Annual Increase = -66.69%

Minimum Annual Current Ratio = 0.27

Quarterly (TTM)
Annual
YearCurrent RatioChange
202383.4325.38%
20220.3321.68%
20210.27-20.53%
20200.34-66.69%
20191.02-6.03%
20181.08-5.79%
20171.152.08%
20161.123.67%
20151.09-1.75%
20141.1012.66%

PT Tirta Mahakam Resources Tbk (TIRT.JK) Average Current Ratio

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

The current Current Ratio of PT Tirta Mahakam Resources Tbk (TIRT.JK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

28.01

5-year avg

17.08

10-year avg

9.09

PT Tirta Mahakam Resources Tbk (TIRT.JK) Current Ratio vs. Peers

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

PT Tirta Mahakam Resources Tbk’s Current Ratio is greater than PT SLJ Global Tbk (0.29), greater than PT Indo Acidatama Tbk (1.82), greater than PT Trias Sentosa Tbk (0.97), greater than PT Suparma Tbk (3.10), greater than PT Sreeya Sewu Indonesia Tbk (1.02),

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