INDOY (Indorama Ventures PCL) Debt-to-Asset : 0.47 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

INDOY Indorama Ventures PCL INDOY
72 GF Score
Price $6.55
GF Value $6.19
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Indorama Ventures PCL Debt-to-Asset?

Indorama Ventures PCL INDOY 72 Debt-to-Asset is 0.47 as of Jun. 2026. GuruFocus rates INDOY with a GF Score™ of 72/100 and a GF Value™ of $6.19 (Fairly Valued). The stock has 8 warning signs investors should review.

Indorama Ventures PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1,629 Mil. Indorama Ventures PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $6,442 Mil. Indorama Ventures PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $17,220 Mil. Indorama Ventures PCL's debt to asset for the quarter that ended in Jun. 2026 was 0.47.


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

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Indorama Ventures PCL Debt-to-Asset Related Terms


Indorama Ventures PCL Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Indorama Ventures PCL's Debt-to-Asset 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.

Indorama Ventures PCL Debt-to-Asset Chart

Indorama Ventures PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.41 0.43 0.48 0.51

Indorama Ventures PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.50 0.51 0.50 0.47

INDOY vs DOW: Debt-to-Asset Comparison

For the Chemicals subindustry, Indorama Ventures PCL's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset vs Chemicals Industry

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

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


INDOY
72GF Score
Indorama Ventures PCL INDOY
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indorama Ventures PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Indorama Ventures PCL's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1937.91 + 6427.347) / 16578.933
=0.50

Indorama Ventures PCL's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1628.973 + 6442.128) / 17220.125
=0.47

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.47 mean?
Indorama Ventures PCL (INDOY) has a Debt-to-Asset of 0.47 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Indorama Ventures PCL and its competitors.
Is Indorama Ventures PCL's Debt-to-Asset too high?
Indorama Ventures PCL's current Debt-to-Asset is 0.47. Overall, Indorama Ventures PCL has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indorama Ventures PCL's Debt-to-Asset compare to DOW?
Indorama Ventures PCL's Debt-to-Asset of 0.47 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Chemicals company?
A good Debt-to-Asset depends on the Chemicals industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Indorama Ventures PCL and its competitors. Indorama Ventures PCL's current Debt-to-Asset is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indorama Ventures PCL stock overvalued right now?
Based on GuruFocus' analysis, Indorama Ventures PCL (INDOY) is currently considered Fairly Valued. The stock's GF Value™ is $6.19, compared to a current price of $6.55 — trading 5.8% above its estimated fair value. The current Debt-to-Asset is 0.47. Indorama Ventures PCL's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Indorama Ventures PCL (INDOY), the current Debt-to-Asset is 0.47 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Indorama Ventures PCL (INDOY) Overvalued in 2026?

Based on GuruFocus' analysis, Indorama Ventures PCL stock appears to be overvalued. The current stock price of $6.55 is trading 5.8% above its estimated GF Value™ of $6.19. GuruFocus considers Indorama Ventures PCL to be Fairly Valued.

Key valuation signals for INDOY:

  • Debt-to-Asset: 0.47
  • GF Value™: $6.19 vs. price of $6.55 (5.8% above fair value)
  • GF Score™: 72/100 with 8 warning signs

No single metric tells the full story. See the INDOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indorama Ventures PCL Business Description

Other Exchanges IVL:ThailandI93:Germany
Address Asoke Road, Klongtoeynua, 37th Floor, Soi Sukhumvit 19, 75/102, Ocean Tower II, Wattana, Bangkok, THA, 10110
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.
72GF Score

Get the complete analysis for INDOY

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.55
Price
$6.19
GF Value