Indorama Ventures Balance Sheet Health
Financial Health criteria checks 2/6
Indorama Ventures has a total shareholder equity of THB151.9B and total debt of THB226.1B, which brings its debt-to-equity ratio to 148.9%. Its total assets and total liabilities are THB541.5B and THB389.6B respectively. Indorama Ventures's EBIT is THB14.0B making its interest coverage ratio 0.9. It has cash and short-term investments of THB22.3B.
Key information
148.9%
Debt to equity ratio
฿226.12b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ฿22.33b |
| Equity | ฿151.91b |
| Total liabilities | ฿389.57b |
| Total assets | ฿541.48b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IVL-R's short term assets (THB189.7B) exceed its short term liabilities (THB171.4B).
Long Term Liabilities: IVL-R's short term assets (THB189.7B) do not cover its long term liabilities (THB218.2B).
Debt to Equity History and Analysis
Debt Level: IVL-R's net debt to equity ratio (134.2%) is considered high.
Reducing Debt: IVL-R's debt to equity ratio has increased from 98.6% to 148.9% over the past 5 years.
Debt Coverage: IVL-R's debt is well covered by operating cash flow (21.1%).
Interest Coverage: IVL-R's interest payments on its debt are not well covered by EBIT (0.9x coverage).