Hannet Co

Hannet Co Interest Coverage

The Interest Coverage Ratio of Hannet Co (052600.KQ) as of Nov 5, 2026 is 10.19. In the previous year, Interest Coverage Ratio was 8.67 — a change of 17.52% (higher).

Interest Coverage

10.19

YoY

17.52%

Last updated:

Interest Coverage Ratio of Hannet Co is 2024 10.19 . Interest Coverage Ratio of Hannet Co was 2023 8.67 . It decreases by 17.52% higher compared to the previous year.

The Hannet Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
2.96 KRW
Jan 1, 2018
2.29 KRW
Jan 1, 2019
2.48 KRW
Jan 1, 2020
4.45 KRW
Jan 1, 2021
8.53 KRW
Jan 1, 2022
9.70 KRW
Jan 1, 2023
8.67 KRW
Jan 1, 2024
10.19 KRW
The Hannet Co Interest Coverage history
YEARInterest CoverageYoY
10.19+17.52%
8.67-10.58%
9.70+13.73%
8.53+91.73%
4.45+79.49%
2.48+8.01%
2.29-22.50%
2.96-25.92%
4.00+9.88%
3.64-30.79%
5.25—

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Hannet Co Stock analysis

What does Hannet Co do? HANNET Co., Ltd. generates revenue through its VAN division, which provides automatic ticketing machines for professional sports, arts, concerts, and tickets, as well as cash-dispensing machines and ATMs for banking services. These machines are deployed in public locations such as subway and train stations, convenience stores, department stores, bus terminals, and theme parks. The security division offers digital video recorder (DVR) products, targeting security-focused clients. The company also earns income from real estate leasing business, leveraging its property assets for rental income. The VAN division serves customers requiring ticketing solutions for events and banking services in high-traffic public areas, while the security division caters to clients needing DVR systems for surveillance. Real estate leasing targets tenants seeking commercial space, primarily in locations where HANNET's machines are installed. The company's business model integrates physical infrastructure with service offerings across multiple sectors without relying on external partnerships or sponsorships. HANNET's primary revenue streams are derived from the deployment and maintenance of automated ticketing and banking machines, the sale of DVR products, and property rentals. The company focuses on strategic placements in public venues to maximize accessibility and usage, ensuring consistent revenue from its service offerings across the VAN and security divisions. Hannet Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hannet Co stock

Interest Coverage Ratio of Hannet Co is 10.19 in 2024.

Interest Coverage Ratio of Hannet Co changed from 8.67 to 10.19, representing a 17.52% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Hannet 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 Hannet Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Hannet Co

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