Indorama Ventures Balance Sheet Health
Financial Health criteria checks 1/6
Indorama Ventures has a total shareholder equity of THB188.9B and total debt of THB255.3B, which brings its debt-to-equity ratio to 135.1%. Its total assets and total liabilities are THB627.4B and THB438.5B respectively. Indorama Ventures's EBIT is THB12.3B making its interest coverage ratio 0.8. It has cash and short-term investments of THB23.0B.
Key information
135.1%
Debt to equity ratio
฿255.29b
Debt
Interest coverage ratio | 0.8x |
Cash | ฿22.96b |
Equity | ฿188.90b |
Total liabilities | ฿438.49b |
Total assets | ฿627.39b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IVL-R's short term assets (THB209.8B) do not cover its short term liabilities (THB213.7B).
Long Term Liabilities: IVL-R's short term assets (THB209.8B) do not cover its long term liabilities (THB224.8B).
Debt to Equity History and Analysis
Debt Level: IVL-R's net debt to equity ratio (123%) is considered high.
Reducing Debt: IVL-R's debt to equity ratio has increased from 95.4% to 135.1% over the past 5 years.
Debt Coverage: IVL-R's debt is well covered by operating cash flow (20.7%).
Interest Coverage: IVL-R's interest payments on its debt are not well covered by EBIT (0.8x coverage).