Indorama Ventures Balance Sheet Health
Financial Health criteria checks 1/6
Indorama Ventures has a total shareholder equity of THB178.1B and total debt of THB240.8B, which brings its debt-to-equity ratio to 135.2%. Its total assets and total liabilities are THB590.1B and THB412.1B respectively. Indorama Ventures's EBIT is THB9.5B making its interest coverage ratio 0.7. It has cash and short-term investments of THB19.8B.
Key information
135.2%
Debt to equity ratio
฿240.79b
Debt
| Interest coverage ratio | 0.7x |
| Cash | ฿19.76b |
| Equity | ฿178.07b |
| Total liabilities | ฿412.06b |
| Total assets | ฿590.13b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IVL's short term assets (THB189.4B) do not cover its short term liabilities (THB201.3B).
Long Term Liabilities: IVL's short term assets (THB189.4B) do not cover its long term liabilities (THB210.7B).
Debt to Equity History and Analysis
Debt Level: IVL's net debt to equity ratio (124.1%) is considered high.
Reducing Debt: IVL's debt to equity ratio has increased from 89.7% to 135.2% over the past 5 years.
Debt Coverage: IVL's debt is well covered by operating cash flow (22.1%).
Interest Coverage: IVL's interest payments on its debt are not well covered by EBIT (0.7x coverage).