Indorama Ventures PCL (Indorama Ventures PCL) Cash-to-Debt : 0.09 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Indorama Ventures PCL Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Indorama Ventures PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.09.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Indorama Ventures PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Indorama Ventures PCL's Cash-to-Debt or its related term are showing as below:

INDOY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.2
Current: 0.09

During the past 13 years, Indorama Ventures PCL's highest Cash to Debt Ratio was 0.20. The lowest was 0.04. And the median was 0.08.

INDOY's Cash-to-Debt is ranked worse than
89.13% of 1509 companies
in the Chemicals industry
Industry Median: 0.74 vs INDOY: 0.09

Indorama Ventures PCL Cash-to-Debt Historical Data

The historical data trend for Indorama Ventures PCL's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Indorama Ventures PCL Cash-to-Debt Chart

Indorama Ventures PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.08

0.10

0.08

0.09

0.08

Indorama Ventures PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.09	0.09	0.08	0.08	0.09

Competitive Comparison of Indorama Ventures PCL's Cash-to-Debt

For the Chemicals subindustry, Indorama Ventures PCL's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Indorama Ventures PCL's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Indorama Ventures PCL's Cash-to-Debt falls into.

Indorama Ventures PCL Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Indorama Ventures PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	594.349	/	(1984.033	+	5286.543)
	=	0.08

Indorama Ventures PCL's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	671.217	/	(2022.995	+	5485.589)
	=	0.09

Indorama Ventures PCL (OTCPK:INDOY) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Indorama Ventures PCL Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Indorama Ventures PCL's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Indorama Ventures PCL (Indorama Ventures PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Indorama Ventures PCL (OTCPK:INDOY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IVL:Thailand I93:Germany

Address

Asoke Road, Klongtoeynua, 37th Floor, Soi Sukhumvit 19, 75/102, Ocean Tower II, Wattana, Bangkok, THA, 10110

Website

https://www.indoramaventures.com

Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives, and Fibers. The maximum revenue is derived from the Combined PET segment.

Indorama Ventures PCL (Indorama Ventures PCL) Headlines

From GuruFocus

Indorama Ventures PCL's Dividend Analysis

By GuruFocus Research • 11-27-2023

Indorama Ventures and Capchem evaluate proposed carbonate solvents plant to supply North American lithium-ion battery market

By PRNewswire PRNewswire • 08-01-2022