INDOY (Indorama Ventures PCL) Interest Coverage: 0.05 (As of Mar. 2026) — 99% Below Median


INDOY Indorama Ventures PCL INDOY
72 GF Score
Price $7.03
GF Value $6.20
! 6 Warning Signs
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What is Indorama Ventures PCL Interest Coverage?

Indorama Ventures PCL INDOY 72 Interest Coverage is 0.05 as of Mar. 2026, which is 99% below its 10-year median of 3.61. GuruFocus rates INDOY with a GF Score™ of 72/100 and a GF Value™ of $6.20. The stock has 6 warning signs investors should review. Among 1,237 Chemicals companies, Indorama Ventures PCL ranks worse than 80840.66% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Indorama Ventures PCL's Operating Income for the three months ended in Mar. 2026 was $5 Mil. Indorama Ventures PCL's Interest Expense for the three months ended in Mar. 2026 was $-102 Mil. Indorama Ventures PCL's interest coverage for the quarter that ended in Mar. 2026 was 0.05. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Indorama Ventures PCL's Interest Coverage or its related term are showing as below:


INDOY's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 10.21
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Indorama Ventures PCL  (OTCPK:INDOY) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Indorama Ventures PCL Interest Coverage Related Terms


Indorama Ventures PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Indorama Ventures PCL's Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Indorama Ventures PCL Interest Coverage Chart

Indorama Ventures PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.40 4.87 0.48 0.80 0.00

Indorama Ventures PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 0.42 0.44 0.00 0.00 0.05

INDOY vs DOW: Interest Coverage Comparison

For the Chemicals subindustry, Indorama Ventures PCL's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Indorama Ventures PCL's Interest Coverage falls into.


INDOY
72GF Score
Indorama Ventures PCL INDOY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Indorama Ventures PCL Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Indorama Ventures PCL's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Indorama Ventures PCL's Interest Expense was $-490 Mil. Its Operating Income was $-2 Mil. And its Long-Term Debt & Capital Lease Obligation was $6,427 Mil.

Indorama Ventures PCL did not have earnings to cover the interest expense.

Indorama Ventures PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Indorama Ventures PCL's Interest Expense was $-102 Mil. Its Operating Income was $5 Mil. And its Long-Term Debt & Capital Lease Obligation was $6,579 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5.323/-102.011
=0.05

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.05 mean?
Indorama Ventures PCL (INDOY) has a Interest Coverage of 0.05 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indorama Ventures PCL and its competitors. This is 99% below median its historical median of 3.61. According to the industry distribution chart, Indorama Ventures PCL ranks #999999 out of 1237 companies in the Chemicals industry.
Is Indorama Ventures PCL's Interest Coverage too high?
Indorama Ventures PCL's current Interest Coverage of 0.05 is 99% below median its 10-year median of 3.61. The Chemicals industry median Interest Coverage is 10.21. Indorama Ventures PCL's value of 0.05 is 99.5% below this industry median. Based on the distribution chart, Indorama Ventures PCL ranks #999999 out of 1237 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Indorama Ventures PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Indorama Ventures PCL's Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Indorama Ventures PCL ranks #999999 out of 1237 companies for Interest Coverage. This places Indorama Ventures PCL in the lower half of its industry. The industry median Interest Coverage is 10.21. Indorama Ventures PCL's value of 0.05 is 99.5% below this benchmark. While the company's 10-year median is 3.61 vs. the industry median of 10.21, Indorama Ventures PCL 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 Interest Coverage for a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indorama Ventures PCL's current Interest Coverage of 0.05 is 99.5% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indorama Ventures PCL and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indorama Ventures PCL's current Interest Coverage is 0.05, which is 99% below median its own 10-year median of 3.61. 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?
Indorama Ventures PCL (INDOY) has a current Interest Coverage of 0.05. The stock's GF Value™ is $6.20, compared to a current price of $7.03 — trading 13.4% above its estimated fair value. The current Interest Coverage is 0.05, which is 99% below median its 10-year median of 3.61 and 99.5% below the Chemicals industry median of 10.21. Indorama Ventures PCL's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Indorama Ventures PCL (INDOY), the current Interest Coverage is 0.05 as of Mar. 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 $7.03 is trading 13.4% above its estimated GF Value™ of $6.20.

Key valuation signals for INDOY:

  • Interest Coverage: 0.05 (99% below median its 10-year median of 3.61)
  • GF Value™: $6.20 vs. price of $7.03 (13.4% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 99.5% below the Chemicals median (#999999 of 1237)

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

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

$7.03
Price
$6.20
GF Value