PT Indo-Rama Synthetics Tbk (ISX:INDR) Debt-to-Equity: 0.32 (As of Jun. 2026) — Near Median

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ISX:INDR PT Indo-Rama Synthetics Tbk ISX:INDR
67 GF Score
Price Rp3,040.00
GF Value Rp3,105.43
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is PT Indo-Rama Synthetics Tbk Debt-to-Equity?

PT Indo-Rama Synthetics Tbk ISX:INDR 67 Debt-to-Equity is 0.32 as of Jun. 2026, which is 6% below its 10-year median of 0.34. GuruFocus rates ISX:INDR with a GF Score™ of 67/100 and a GF Value™ of Rp3,105.43 (Fairly Valued). The stock has 6 warning signs investors should review. Among 934 Manufacturing - Apparel & Accessories companies, PT Indo-Rama Synthetics Tbk ranks better than 56.42% on this metric.

PT Indo-Rama Synthetics Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp828,630 Mil. PT Indo-Rama Synthetics Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp1,334,358 Mil. PT Indo-Rama Synthetics Tbk's Total Stockholders Equity for the quarter that ended in Jun. 2026 was Rp6,780,225 Mil. PT Indo-Rama Synthetics Tbk's debt to equity for the quarter that ended in Jun. 2026 was 0.32.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PT Indo-Rama Synthetics Tbk's Debt-to-Equity or its related term are showing as below:

ISX:INDR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.34   Max: 1.13
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of PT Indo-Rama Synthetics Tbk was 1.13. The lowest was 0.14. And the median was 0.34.

ISX:INDR's Debt-to-Equity is ranked better than
56.42% of 934 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41 vs ISX:INDR: 0.32

PT Indo-Rama Synthetics Tbk  (ISX:INDR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


PT Indo-Rama Synthetics Tbk Debt-to-Equity Related Terms


PT Indo-Rama Synthetics Tbk Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PT Indo-Rama Synthetics Tbk's Debt-to-Equity 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.

PT Indo-Rama Synthetics Tbk Debt-to-Equity Chart

PT Indo-Rama Synthetics Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.29 0.29 0.30 0.34

PT Indo-Rama Synthetics Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 0.30 0.24 0.34 0.39 0.32

PT Indo-Rama Synthetics Tbk Debt-to-Equity Competitor Comparison

For the Textile Manufacturing subindustry, PT Indo-Rama Synthetics Tbk's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


PT Indo-Rama Synthetics Tbk Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo-Rama Synthetics Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Indo-Rama Synthetics Tbk's Debt-to-Equity falls into.


ISX:INDR
67GF Score
PT Indo-Rama Synthetics Tbk ISX:INDR
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indo-Rama Synthetics Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Indo-Rama Synthetics Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

PT Indo-Rama Synthetics Tbk's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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-Equity →
What does a Debt-to-Equity of 0.32 mean?
PT Indo-Rama Synthetics Tbk (ISX:INDR) has a Debt-to-Equity of 0.32 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Indo-Rama Synthetics Tbk and its competitors. This is near median its historical median of 0.34. Over the past decade, PT Indo-Rama Synthetics Tbk's Debt-to-Equity has ranged from 0.14 to 1.13. According to the industry distribution chart, PT Indo-Rama Synthetics Tbk ranks #407 out of 934 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 43.6%.
Is PT Indo-Rama Synthetics Tbk's Debt-to-Equity too high?
PT Indo-Rama Synthetics Tbk's current Debt-to-Equity of 0.32 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.13. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. PT Indo-Rama Synthetics Tbk's value of 0.32 is 22% below this industry median. Based on the distribution chart, PT Indo-Rama Synthetics Tbk ranks #407 out of 934 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PT Indo-Rama Synthetics Tbk has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indo-Rama Synthetics Tbk's Debt-to-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Indo-Rama Synthetics Tbk ranks #407 out of 934 companies for Debt-to-Equity. This puts PT Indo-Rama Synthetics Tbk in the upper half of its industry. The industry median Debt-to-Equity is 0.41. PT Indo-Rama Synthetics Tbk's value of 0.32 is 22% below this benchmark. Historically, PT Indo-Rama Synthetics Tbk's own Debt-to-Equity has ranged from 0.14 to 1.13 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.41, PT Indo-Rama Synthetics Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.41, based on 934 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Indo-Rama Synthetics Tbk's current Debt-to-Equity of 0.32 is 22% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Indo-Rama Synthetics Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo-Rama Synthetics Tbk's current Debt-to-Equity is 0.32, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo-Rama Synthetics Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo-Rama Synthetics Tbk (ISX:INDR) is currently considered Fairly Valued. The stock's GF Value™ is Rp3,105.43, compared to a current price of Rp3,040.00 — trading 2.1% below its estimated fair value. The current Debt-to-Equity is 0.32, which is near median its 10-year median of 0.34 and 22% below the Manufacturing - Apparel & Accessories industry median of 0.41. PT Indo-Rama Synthetics Tbk's overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For PT Indo-Rama Synthetics Tbk (ISX:INDR), the current Debt-to-Equity is 0.32 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 PT Indo-Rama Synthetics Tbk (ISX:INDR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo-Rama Synthetics Tbk stock appears to be undervalued. The current stock price of Rp3,040.00 is trading 2.1% below its estimated GF Value™ of Rp3,105.43. GuruFocus considers PT Indo-Rama Synthetics Tbk to be Fairly Valued.

Key valuation signals for ISX:INDR:

  • Debt-to-Equity: 0.32 (near median its 10-year median of 0.34)
  • GF Value™: Rp3,105.43 vs. price of Rp3,040.00 (2.1% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 22% below the Manufacturing - Apparel & Accessories median (#407 of 934)

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


PT Indo-Rama Synthetics Tbk Business Description

Address Jalan H. R. Rasuna Said, Blok X-1, Kav. 1-2, Graha Irama, 17th Floor, Jakarta, IDN, 12950
PT Indo-Rama Synthetics Tbk is engaged in operation of cotton spinning mill in Purwakarta. It has expanded its Spun Yarns business and diversified into manufacturing of Polyester Filament Yarns, Polyester Staple Fibers, PET Resin, Polyester Chips, and Polyester Filament Fabrics production for all markets, with manufacturing plants located in Purwakarta, and Campaka in Indonesia, and through its indirect subsidiaries, in Uzbekistan and Turkey. Its segment includes Spun yarns manufactures spun yarns and sewing thread; Polyester manufactures polyester filament yarns, polyester staple fibre, textile chips, polyester filament fabrics and pet resin; Minerals, is engaged in gold and coal mining; and Others is engaged in trading, investment, mining and other activities.
67GF Score

Get the complete analysis for ISX:INDR

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

Rp3,040.00
Price
Rp3,105.43
GF Value