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Indus GasLSE:INDI -32.00% Debt-to-Equity is 122.90 as of Sep. 2025, which is 4153% above its 10-year median of 2.89. The stock has 6 warning signs investors should review.
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 Indus Gas's Debt-to-Equity or its related term are showing as below:
LSE:INDI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.69 Med: 2.89 Max: 122.9
Current: 122.9
During the past 13 years, the highest Debt-to-Equity Ratio of Indus Gas was 122.90. The lowest was 1.69. And the median was 2.89.
LSE:INDI's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45
vs LSE:INDI: 122.90
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.
Indus Gas Debt-to-Equity Related Terms
Indus Gas Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Indus Gas'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.
LSE:INDI vs COP, EOG, FANG: Debt-to-Equity Comparison
For the Oil & Gas E&P subindustry, Indus Gas'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.
Indus Gas Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Indus Gas's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Indus Gas's Debt-to-Equity falls into.
* 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.
Indus Gas (LSE:INDI) has a Debt-to-Equity of 122.90 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Indus Gas and its competitors. This is 4153% above median its historical median of 2.89. Over the past decade, Indus Gas' Debt-to-Equity has ranged from 1.69 to 122.90.
Is Indus Gas' Debt-to-Equity too high?
Indus Gas' current Debt-to-Equity of 122.90 is 4153% above median its 10-year median of 2.89. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 122.90. The Oil & Gas industry median Debt-to-Equity is 0.45. Indus Gas' value of 122.90 is 27211.1% above this industry median.
How does Indus Gas' Debt-to-Equity compare to COP and EOG?
Indus Gas' Debt-to-Equity of 122.90 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.45. Indus Gas' value of 122.90 is 27211.1% above this benchmark. Historically, Indus Gas' own Debt-to-Equity has ranged from 1.69 to 122.90 over the past decade. While the company's 10-year median is 2.89 vs. the industry median of 0.45, Indus Gas has consistently been above 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 an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 808 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. Indus Gas's current Debt-to-Equity of 122.90 is 27211.1% above 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 Indus Gas and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Gas's current Debt-to-Equity is 122.90, which is 4153% above median its own 10-year median of 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Gas stock overvalued right now?
Indus Gas (LSE:INDI) has a current Debt-to-Equity of 122.90. The stock's GF Value™ is £0.14, compared to a current price of £0.01 — trading 90.3% below its estimated fair value. The current Debt-to-Equity is 122.90, which is 4153% above median its 10-year median of 2.89 and 27211.1% above the Oil & Gas industry median of 0.45. 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 Indus Gas (LSE:INDI), the current Debt-to-Equity is 122.90 as of Sep. 2025. 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.
Indus Gas Ltd is an oil and gas exploration and development company. It predominantly operates in India, focusing on exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. The company holds a participating interest in Block RJ-ON/6, an onshore petroleum concession in Rajasthan, India, covering a large area in the Indus Basin. Its operations involve partnerships with entities like Oil and Natural Gas Corporation Ltd. (ONGC) and Focus Energy Ltd., with ONGC having back-in rights for participating interests in discovered fields. Indus Gas sells natural gas prominently to GAIL (India) Ltd and continues to evaluate other opportunities in the oil and gas sector.
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