Indonesia Current Ratio from 2010 to 2024

INDO Stock  USD 4.24  0.05  1.19%   
Indonesia Energy Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to drop to 2.94. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
5.82
Current Value
2.94
Quarterly Volatility
2.15968554
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Indonesia Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Indonesia main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 3.6 M or Total Revenue of 2.8 M, as well as many exotic indicators such as Price To Sales Ratio of 16.84, Dividend Yield of 0.0 or PTB Ratio of 4.35. Indonesia financial statements analysis is a perfect complement when working with Indonesia Energy Valuation or Volatility modules.
  
This module can also supplement various Indonesia Energy Technical models . Check out the analysis of Indonesia Energy Correlation against competitors.
To learn how to invest in Indonesia Stock, please use our How to Invest in Indonesia Energy guide.

Latest Indonesia Energy's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Indonesia Energy over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Indonesia Energy's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Indonesia Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.71 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Indonesia Current Ratio Regression Statistics

Arithmetic Mean2.61
Geometric Mean1.98
Coefficient Of Variation82.67
Mean Deviation1.84
Median1.20
Standard Deviation2.16
Sample Variance4.66
Range5.2709
R-Value0.67
Mean Square Error2.78
R-Squared0.45
Significance0.01
Slope0.32
Total Sum of Squares65.30

Indonesia Current Ratio History

2024 2.94
2023 5.82
2022 6.47
2021 1.25
2020 6.15
2019 5.5
2018 1.5

About Indonesia Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Indonesia Energy income statement, its balance sheet, and the statement of cash flows. Indonesia Energy investors use historical funamental indicators, such as Indonesia Energy's Current Ratio, to determine how well the company is positioned to perform in the future. Although Indonesia Energy investors may use each financial statement separately, they are all related. The changes in Indonesia Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Indonesia Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Indonesia Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Indonesia Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 5.82  2.94 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Indonesia Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Indonesia Energy's short interest history, or implied volatility extrapolated from Indonesia Energy options trading.

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When determining whether Indonesia Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Indonesia Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Indonesia Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Indonesia Energy Stock:
Check out the analysis of Indonesia Energy Correlation against competitors.
To learn how to invest in Indonesia Stock, please use our How to Invest in Indonesia Energy guide.
Note that the Indonesia Energy information on this page should be used as a complementary analysis to other Indonesia Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Indonesia Energy's price analysis, check to measure Indonesia Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Indonesia Energy is operating at the current time. Most of Indonesia Energy's value examination focuses on studying past and present price action to predict the probability of Indonesia Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indonesia Energy's price. Additionally, you may evaluate how the addition of Indonesia Energy to your portfolios can decrease your overall portfolio volatility.
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Is Indonesia Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Indonesia Energy. If investors know Indonesia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Indonesia Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Revenue Per Share
0.359
Quarterly Revenue Growth
(0.21)
Return On Assets
(0.15)
Return On Equity
(0.27)
The market value of Indonesia Energy is measured differently than its book value, which is the value of Indonesia that is recorded on the company's balance sheet. Investors also form their own opinion of Indonesia Energy's value that differs from its market value or its book value, called intrinsic value, which is Indonesia Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Indonesia Energy's market value can be influenced by many factors that don't directly affect Indonesia Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Indonesia Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indonesia Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indonesia Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.