Indorama Ventures PCLINDOY 72 Quick Ratio is 0.57 as of Mar. 2026, which is 2% above its 10-year median of 0.56. 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 1,615 Chemicals companies, Indorama Ventures PCL ranks worse than 88.48% on this metric.
Indorama Ventures PCL has a quick ratio of 0.57. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Indorama Ventures PCL's Quick Ratio or its related term are showing as below:
INDOY'
s Quick Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.56 Max: 0.86
Current: 0.57
During the past 13 years, Indorama Ventures PCL's highest Quick Ratio was 0.86. The lowest was 0.46. And the median was 0.56.
INDOY's Quick Ratio is ranked worse than 88.48% of 1615
companies
in the Chemicals industry
Industry Median: 1.37
vs INDOY: 0.57
Indorama Ventures PCL (OTCPK:INDOY) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Indorama Ventures PCL Quick Ratio Related Terms
Indorama Ventures PCL Quick Ratio Historical Data
* Premium members only.
The historical data trend for Indorama Ventures PCL's Quick Ratio 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.
For the Chemicals subindustry, Indorama Ventures PCL's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Indorama Ventures PCL's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Indorama Ventures PCL's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
Indorama Ventures PCL (INDOY) has a Quick Ratio of 0.57 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indorama Ventures PCL and its competitors. This is near median its historical median of 0.56. Over the past decade, Indorama Ventures PCL's Quick Ratio has ranged from 0.46 to 0.86. According to the industry distribution chart, Indorama Ventures PCL ranks #1429 out of 1615 companies in the Chemicals industry, placing it in the top 88.5%.
Is Indorama Ventures PCL's Quick Ratio too high?
Indorama Ventures PCL's current Quick Ratio of 0.57 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.86. The Chemicals industry median Quick Ratio is 1.37. Indorama Ventures PCL's value of 0.57 is 58.4% below this industry median. Based on the distribution chart, Indorama Ventures PCL ranks #1429 out of 1615 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 Quick Ratio compare to DOW?
According to the Chemicals industry distribution chart, Indorama Ventures PCL ranks #1429 out of 1615 companies for Quick Ratio. This places Indorama Ventures PCL in the lower half of its industry. The industry median Quick Ratio is 1.37. Indorama Ventures PCL's value of 0.57 is 58.4% below this benchmark. Historically, Indorama Ventures PCL's own Quick Ratio has ranged from 0.46 to 0.86 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.37, 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 Quick Ratio for a Chemicals company?
The median Quick Ratio among Chemicals companies is 1.37, based on 1,615 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indorama Ventures PCL's current Quick Ratio of 0.57 is 58.4% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indorama Ventures PCL and its competitors. For the Chemicals industry, the median Quick Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indorama Ventures PCL's current Quick Ratio is 0.57, which is near median its own 10-year median of 0.56. 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 Quick Ratio of 0.57. 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 Quick Ratio is 0.57, which is near median its 10-year median of 0.56 and 58.4% below the Chemicals industry median of 1.37. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Indorama Ventures PCL (INDOY), the current Quick Ratio is 0.57 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:
Quick Ratio: 0.57 (near median its 10-year median of 0.56)
GF Value™: $6.20 vs. price of $7.03 (13.4% above fair value)
Industry Position: 58.4% below the Chemicals median (#1429 of 1615)
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 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
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