PALM.JK
Price:
$382
Market Cap:
$6.01T
PT Provident Agro Tbk, together with its subsidiaries, engages in the operation of palm oil plantations in Indonesia. It develops plantation through land processing, seeding, nursery, planting, maintenance, and harvesting of fresh fruit bunch; processes fresh fruit bunch into crude palm oil and palm kernel; and sells and trades in plantation products. The company operates a total planted area of approximately 6.295 hectares. It also engages in the trading activities. PT Provident Agro Tbk was founded in 2006 and is headquartered in Jakarta, Indonesia.
Industry
Agricultural Farm Products
IPO Date
2012-10-12
Stock Exchange
JKT
Ticker
PALM.JK
According to PT Provident Investasi Bersama Tbk’s latest financial reports and current stock price. The company's current Current Ratio is 2.45. This represents a change of -21.36% compared to the average of 3.12 of the last 4 quarters.
The mean historical Current Ratio of PT Provident Investasi Bersama Tbk over the last ten years is 12.32. The current 2.45 Current Ratio has changed 1.89% with respect to the historical average. Over the past ten years (40 quarters), PALM.JK's Current Ratio was at its highest in in the June 2022 quarter at 164.62. The Current Ratio was at its lowest in in the December 2023 quarter at 0.02.
Average
12.32
Median
1.24
Minimum
0.02
Maximum
94.15
Discovering the peaks and valleys of PT Provident Investasi Bersama 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 = 41.46%
Maximum Annual Current Ratio = 94.15
Minimum Annual Increase = -99.97%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 9.79 | 41.46% |
| 2023 | 0.02 | -99.97% |
| 2022 | 94.15 | 695.84% |
| 2021 | 11.83 | 1.11% |
| 2020 | 0.98 | 2.77% |
| 2019 | 0.95 | -36.65% |
| 2018 | 1.50 | 176.22% |
| 2017 | 0.54 | -83.05% |
| 2016 | 3.21 | 1.32% |
| 2015 | 0.23 | -73.87% |
The current Current Ratio of PT Provident Investasi Bersama Tbk (PALM.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
34.65
5-year avg
23.35
10-year avg
12.32
PT Provident Investasi Bersama Tbk’s Current Ratio is greater than PT Eagle High Plantations Tbk (0.63), less than PT Palma Serasih Tbk (2.47), greater than PT Austindo Nusantara Jaya Tbk (0.58), less than PT Diamond Food Indonesia Tbk (3.28), less than PT Sampoerna Agro Tbk (2.82), less than PT Perusahaan Perkebunan London Sumatra Indonesia Tbk (9.68), greater than PT Central Proteina Prima Tbk (1.09), greater than PT Teladan Prima Agro Tbk (1.28), greater than PT Tigaraksa Satria Tbk (2.04), greater than PT PINAGO UTAMA Tbk (1.34),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.63 | $4.42T | |
| 2.47 | $4.03T | |
| 0.58 | $5.95T | |
| 3.28 | $6.63T | |
| 2.82 | $13.78T | |
| 9.68 | $7.81T | |
| 1.09 | $3.69T | |
| 1.28 | $8.93T | |
| 2.04 | $4.56T | |
| 1.34 | $2.36T |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like PT Provident Investasi Bersama Tbk using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like PT Provident Investasi Bersama Tbk or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is PT Provident Investasi Bersama Tbk's Current Ratio?
How is the Current Ratio calculated for PT Provident Investasi Bersama Tbk (PALM.JK)?
What is the highest Current Ratio for PT Provident Investasi Bersama Tbk (PALM.JK)?
What is the 3-year average Current Ratio for PT Provident Investasi Bersama Tbk (PALM.JK)?
What is the 5-year average Current Ratio for PT Provident Investasi Bersama Tbk (PALM.JK)?
How does the current Current Ratio for PT Provident Investasi Bersama Tbk (PALM.JK) compare to its historical average?