Indorama Ventures PCL (IVL) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.120x

Based on the latest financial reports, Indorama Ventures PCL (IVL) has a cash flow conversion efficiency ratio of 0.120x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (฿15.41 Billion ≈ $480.40 Million USD) by net assets (฿128.95 Billion ≈ $4.02 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Indorama Ventures PCL (IVL) balance sheet quality index to measure how much of total assets are equity-financed.

Indorama Ventures PCL - Cash Flow Conversion Efficiency Trend (2008–2025)

This chart illustrates how Indorama Ventures PCL's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Indorama Ventures PCL cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Indorama Ventures PCL Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Indorama Ventures PCL ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Acerinox MC:ACX	0.016x
Galaxy Digital Holdings Ltd NASDAQ:GLXY	-0.030x
Hangzhou Binjiang Real Estate Group Co Ltd SHE:002244	0.019x
BillionToOne, Inc. Class A Common Stock NASDAQ:BLLN	0.031x
Olympic Circuit Technology Co Ltd SHG:603920	0.050x
GPGI, Inc. NYSE:GPGI	-0.017x
Warner Music Group NASDAQ:WMG	0.138x
Zhefu Holding Group Co Ltd SHE:002266	-0.056x

Annual Cash Flow Conversion Efficiency for Indorama Ventures PCL (2008–2025)

The table below shows the annual cash flow conversion efficiency of Indorama Ventures PCL from 2008 to 2025. For the full company profile with market capitalisation and key ratios, see Indorama Ventures PCL stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿128.95 Billion ≈ $4.02 Billion	฿48.05 Billion ≈ $1.50 Billion	0.373x	+47.43%
2024-12-31	฿138.93 Billion ≈ $4.33 Billion	฿35.11 Billion ≈ $1.09 Billion	0.253x	-15.30%
2023-12-31	฿178.07 Billion ≈ $5.55 Billion	฿53.13 Billion ≈ $1.66 Billion	0.298x	-23.13%
2022-12-31	฿200.89 Billion ≈ $6.26 Billion	฿77.98 Billion ≈ $2.43 Billion	0.388x	+96.56%
2021-12-31	฿171.00 Billion ≈ $5.33 Billion	฿33.77 Billion ≈ $1.05 Billion	0.197x	-38.34%
2020-12-31	฿135.61 Billion ≈ $4.23 Billion	฿43.44 Billion ≈ $1.35 Billion	0.320x	+8.35%
2019-12-31	฿138.17 Billion ≈ $4.31 Billion	฿40.84 Billion ≈ $1.27 Billion	0.296x	+40.37%
2018-12-31	฿151.86 Billion ≈ $4.73 Billion	฿31.98 Billion ≈ $996.81 Million	0.211x	-13.31%
2017-12-31	฿118.99 Billion ≈ $3.71 Billion	฿28.91 Billion ≈ $901.00 Million	0.243x	-10.58%
2016-12-31	฿91.81 Billion ≈ $2.86 Billion	฿24.95 Billion ≈ $777.55 Million	0.272x	-9.14%
2015-12-31	฿82.95 Billion ≈ $2.59 Billion	฿24.81 Billion ≈ $773.19 Million	0.299x	+0.77%
2014-12-31	฿75.55 Billion ≈ $2.35 Billion	฿22.42 Billion ≈ $698.86 Million	0.297x	+76.03%
2013-12-31	฿61.57 Billion ≈ $1.92 Billion	฿10.38 Billion ≈ $323.51 Million	0.169x	+52.82%
2012-12-31	฿59.88 Billion ≈ $1.87 Billion	฿6.61 Billion ≈ $205.91 Million	0.110x	-25.38%
2011-12-31	฿58.78 Billion ≈ $1.83 Billion	฿8.69 Billion ≈ $270.83 Million	0.148x	-53.86%
2010-12-31	฿32.40 Billion ≈ $1.01 Billion	฿10.38 Billion ≈ $323.59 Million	0.320x	-21.96%
2009-12-31	฿22.47 Billion ≈ $700.24 Million	฿9.22 Billion ≈ $287.47 Million	0.411x	+666.42%
2008-12-31	฿45.99 Billion ≈ $1.43 Billion	฿2.46 Billion ≈ $76.78 Million	0.054x	--

About Indorama Ventures PCL

BK:IVL Thailand Chemicals

Market Cap

$3.87 Billion

฿124.08 Billion THB

Market Cap Rank

#4214 Global

#29 in Thailand

Share Price

฿22.10

Change (1 day)

+0.91%

52-Week Range

฿14.80 - ฿26.00

All Time High

฿51.31