Nexteel Co

Nexteel Co Interest Coverage

The Interest Coverage Ratio of Nexteel Co (092790.KS) as of Nov 1, 2026 is 4.80. In the previous year, Interest Coverage Ratio was 20.29 — a change of -76.34% (lower).

Interest Coverage

4.80

YoY

-76.34%

Last updated:

Interest Coverage Ratio of Nexteel Co is 2024 4.80 . Interest Coverage Ratio of Nexteel Co was 2023 20.29 . It decreases by -76.34% lower compared to the previous year.

The Nexteel Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2021
1.01 KRW
Jan 1, 2022
30.21 KRW
Jan 1, 2023
20.29 KRW
Jan 1, 2024
4.80 KRW
The Nexteel Co Interest Coverage history
YEARInterest CoverageYoY
4.80-76.34%
20.29-32.82%
30.21+2,903.39%
1.01—

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Nexteel Co Stock analysis

What does Nexteel Co do? Nexteel Co Ltd is a South Korean company operating in the Metals & Mining sector, headquartered in Pohang, Gyeongsangbuk-do. The company went public on August 21, 2023, with its stock listed on the Korean Stock Exchange under the ticker 092790.KS. Nexteel focuses on the manufacturing and sale of steel products, specifically producing line pipes, ordinary piping, and thick-walled high-strength pipes for the oil and gas industry. The company’s operations are centered around steel production, with its products designed for applications requiring durability and strength in energy infrastructure. Nexteel’s website, www.nexteel.co.kr, provides further information about its business activities. As a newly listed company, Nexteel has not yet disclosed detailed financial figures or additional product lines beyond those mentioned in its public filings. The company operates within the broader materials industry, contributing to the supply chain for industrial and energy sectors. Its focus on specialized steel products indicates a targeted approach to serving the oil and gas market, where high-strength piping is essential for operational safety and efficiency. Nexteel’s establishment as a public company in 2023 marks a significant milestone in its development, though specific historical data about its founding or prior operations remains undisclosed. Nexteel Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nexteel Co stock

Interest Coverage Ratio of Nexteel Co is 4.80 in 2024.

Interest Coverage Ratio of Nexteel Co changed from 20.29 to 4.80, representing a -76.34% change. The value is lower than the previous year.

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

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Leverage — Nexteel Co

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