Kinik

Kinik Interest Coverage

The Interest Coverage Ratio of Kinik (1560.TW) as of Oct 20, 2026 is 10.75. In the previous year, Interest Coverage Ratio was 32.47 — a change of -66.89% (lower).

Interest Coverage

10.75

YoY

-66.89%

Last updated:

Interest Coverage Ratio of Kinik is 2024 10.75 . Interest Coverage Ratio of Kinik was 2023 32.47 . It decreases by -66.89% lower compared to the previous year.

The Kinik Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
25.86 TWD
Jan 1, 2018
58.17 TWD
Jan 1, 2019
14.50 TWD
Jan 1, 2020
13.87 TWD
Jan 1, 2021
23.42 TWD
Jan 1, 2022
23.62 TWD
Jan 1, 2023
32.47 TWD
Jan 1, 2024
10.75 TWD
The Kinik Interest Coverage history
YEARInterest CoverageYoY
10.75-66.89%
32.47+37.49%
23.62+0.85%
23.42+68.83%
13.87-4.37%
14.50-75.07%
58.17+124.95%
25.86-86.42%
190.38+345.61%
42.72+83.02%
23.34—

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Kinik Stock analysis

What does Kinik do? Kinik Co is a leading company in the field of grinding tools manufacturing and has been providing high-quality products for various applications for over 60 years. The company was founded in Taiwan in 1953 and started producing grinding wheels for different industries. Since then, the company has constantly evolved to remain successful in the global market. Kinik Co's business model is based on the goal of offering its customers high-quality grinding tools and excellent services. The company is committed to continuously improving its products and adapting them to meet the customers' needs. Kinik Co always follows the philosophy that customer satisfaction is the key to success. The company's main focuses are on the production of grinding wheels, grinding stones, sanding belts, diamond grinding wheels, cutting discs, and sanding sleeves. In the field of grinding wheels, Kinik Co is a market leader. The grinding wheels are used for processing metal, glass, ceramics, stone, and other materials. The products are available in various shapes and sizes to meet the customers' requirements. Kinik Co also offers grinding wheels with special features such as high hardness, high heat resistance, and long service life. The grinding stones from Kinik Co are used for processing workpieces made of various metals such as steel, cast iron, aluminum, and stainless steel. These tools are known for their high material removal rate and long service life. The grinding stones from Kinik Co are available in different designs and sizes. The sanding belts from Kinik Co are used for the fine finishing of workpieces that require a smooth surface. They are available in different grit sizes and can be used for processing metal, glass, ceramics, and other materials. The sanding belts from Kinik Co are designed for use on handheld and power tools. The diamond grinding wheels from Kinik Co are specifically designed for processing hard materials such as carbide, glass, ceramics, and other hard materials. These tools are known for their high cutting performance and long service life. They are available in different designs and sizes and can be used on lathes and milling machines. The cutting discs from Kinik Co are designed for processing workpieces made of various materials such as metal, stone, and concrete. These tools are available in different designs and sizes and can be used on handheld and power tools. The sanding sleeves from Kinik Co are used for internal grinding operations. They are available in different grits and can be used for processing metal, glass, ceramics, and other materials. The sanding sleeves from Kinik Co are designed for use on handheld and power tools. In conclusion, Kinik Co is a company that plays a key role in the manufacturing of grinding tools. The products are of the highest quality to meet customer requirements. The company has made significant progress in the field of grinding tools over these 60 years and continues to strive to offer its customers the best possible products and services. Kinik is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Kinik stock

Interest Coverage Ratio of Kinik is 10.75 in 2024.

Interest Coverage Ratio of Kinik changed from 32.47 to 10.75, representing a -66.89% change. The value is lower than the previous year.

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

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