Cenit Co

Cenit Co Interest Coverage

The Interest Coverage Ratio of Cenit Co (037760.KQ) as of Nov 1, 2026 is 4.66. In the previous year, Interest Coverage Ratio was 19.22 — a change of -75.75% (lower).

Interest Coverage

4.66

YoY

-75.75%

Last updated:

Interest Coverage Ratio of Cenit Co is 2023 4.66 . Interest Coverage Ratio of Cenit Co was 2022 19.22 . It decreases by -75.75% lower compared to the previous year.

The Cenit Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2016
13.68 KRW
Jan 1, 2017
4.45 KRW
Jan 1, 2018
2.77 KRW
Jan 1, 2019
1.87 KRW
Jan 1, 2020
-0.08 KRW
Jan 1, 2021
5.07 KRW
Jan 1, 2022
19.22 KRW
Jan 1, 2023
4.66 KRW
The Cenit Co Interest Coverage history
YEARInterest CoverageYoY
4.66-75.75%
19.22+279.22%
5.07-6,232.10%
-0.08-104.41%
1.87-32.21%
2.77-37.82%
4.45-67.48%
13.68+62.25%
8.43+27.09%
6.63—

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Cenit Co Stock analysis

What does Cenit Co do? CENIT Co., Ltd. generates revenue primarily through the manufacturing and distribution of stainless steel sheets, targeting industries such as machine equipment, power generation, industrial equipment, automobiles, and electronics. The company also operates movie theaters, having merged with DaejeonGaoCinema Co., Ltd. in 2013, which was later dissolved. Additionally, through its subsidiaries, CENIT produces and sells Remincons and canned kimchi, a Korean pickle product, catering to consumer markets. The firm's diverse product portfolio spans industrial materials, entertainment, and food sectors. Stainless steel plates are the core product, sold to machinery, power, and automotive sectors, while Remincons and canned kimchi serve domestic food consumers. Movie theaters, operated under the merged entity, contribute to revenue through ticket sales and concessions. The company leverages its subsidiaries to expand into food manufacturing, complementing its primary industrial focus. CENIT's revenue streams include industrial material sales, food product distribution, and entertainment services. Machine equipment and power generation industries are key clients for stainless steel plates, while Remincons and canned kimchi target retail and food service channels. Movie theaters serve local communities, with operations integrated post-merger. The company strategically balances manufacturing, food, and entertainment to diversify income sources. Cenit Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Cenit Co stock

Interest Coverage Ratio of Cenit Co is 4.66 in 2023.

Interest Coverage Ratio of Cenit Co changed from 19.22 to 4.66, representing a -75.75% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Cenit Co since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Cenit Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Cenit Co

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