Kiswire Co

Kiswire Co Interest Coverage

The Interest Coverage Ratio of Kiswire Co (002240.KS) as of Oct 17, 2026 is 3.43. In the previous year, Interest Coverage Ratio was 7.56 — a change of -54.66% (lower).

Interest Coverage

3.43

YoY

-54.66%

Last updated:

Interest Coverage Ratio of Kiswire Co is 2023 3.43 . Interest Coverage Ratio of Kiswire Co was 2022 7.56 . It decreases by -54.66% lower compared to the previous year.

The Kiswire Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2016
11.83 KRW
Jan 1, 2017
1.84 KRW
Jan 1, 2018
1.16 KRW
Jan 1, 2019
2.32 KRW
Jan 1, 2020
0.91 KRW
Jan 1, 2021
1.45 KRW
Jan 1, 2022
7.56 KRW
Jan 1, 2023
3.43 KRW
The Kiswire Co Interest Coverage history
YEARInterest CoverageYoY
3.43-54.66%
7.56+420.64%
1.45+58.95%
0.91-60.69%
2.32+99.99%
1.16-36.84%
1.84-84.46%
11.83+204.01%
3.89-97.03%
130.88—

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Kiswire Co Stock analysis

What does Kiswire Co do? Kiswire Co. Ltd is a Korean company that specializes in the production of wire ropes and steel wire products. The company was founded in 1945 and started as a small manufacturer of steel wires. Over the years, Kiswire has become a leading manufacturer of wire ropes and steel wire products. The company is headquartered in Seoul and has branches and production sites in various countries around the world. Kiswire's business model is based on the production and sale of wire ropes and steel wire products for a variety of applications. The company is divided into several business sectors, including automotive, marine and offshore, industrial and construction, as well as agriculture and fisheries. In the automotive sector, Kiswire produces special steel wires for rims, seat belts, and steering columns. The company's products are used by many leading automobile manufacturers worldwide. In the marine and offshore sector, Kiswire produces wire ropes, chains, and rails for use in the oil and gas sector, as well as the shipping industry. The company is also able to provide custom-made products for specific applications. In the industrial and construction sector, Kiswire produces wire ropes and steel wire products for use in the construction industry, as well as the forestry and mining industries. The company's products are popular among many companies in other industries due to their high quality and reliability. In the agriculture and fisheries sector, Kiswire is a leading manufacturer of wire ropes and steel wire products for use in agricultural and fishing-related applications. For example, the company produces slings, hooks, and rigging equipment used to secure nets and fishing equipment. Kiswire is proud of its extensive research and development work, aiming to develop products with the highest quality and performance. The company has state-of-the-art technology and production facilities and continuously focuses on innovation to strengthen its market position. Overall, Kiswire Co. Ltd is a company with a long and successful history, established as a key player in the wire and steel wire industry. The company offers a wide range of products for various industries and applications and emphasizes constant innovation and development to provide its customers with the best possible products and services. Kiswire Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Kiswire Co stock

Interest Coverage Ratio of Kiswire Co is 3.43 in 2023.

Interest Coverage Ratio of Kiswire Co changed from 7.56 to 3.43, representing a -54.66% change. The value is lower than the previous year.

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

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Leverage — Kiswire Co

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