RingNet Co

RingNet Co Interest Coverage

The Interest Coverage Ratio of RingNet Co (042500.KQ) as of Oct 28, 2026 is 5.07. In the previous year, Interest Coverage Ratio was 39.83 — a change of -87.27% (lower).

Interest Coverage

5.07

YoY

-87.27%

Last updated:

Interest Coverage Ratio of RingNet Co is 2024 5.07 . Interest Coverage Ratio of RingNet Co was 2023 39.83 . It decreases by -87.27% lower compared to the previous year.

The RingNet Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
4.76 KRW
Jan 1, 2018
6.29 KRW
Jan 1, 2019
3.28 KRW
Jan 1, 2020
2.65 KRW
Jan 1, 2021
225.76 KRW
Jan 1, 2022
4.57 KRW
Jan 1, 2023
39.83 KRW
Jan 1, 2024
5.07 KRW
The RingNet Co Interest Coverage history
YEARInterest CoverageYoY
5.07-87.27%
39.83+771.78%
4.57-97.98%
225.76+8,417.17%
2.65-19.28%
3.28-47.80%
6.29+32.04%
4.76-72.02%
17.03+299.62%
4.26-13.08%
4.90—

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RingNet Co Stock analysis

What does RingNet Co do? RingNet Co., Ltd. generates revenue through network system integration consulting and construction services for public institutions, general enterprises, and educational institutions. The company provides telepresence systems, storage systems, Internet protocol (IP) telephony, and cloud virtualization services as part of its offerings. Its primary clients include public sector organizations, corporate entities, and educational bodies seeking comprehensive IT infrastructure solutions. The firm's service portfolio targets organizations requiring advanced network support and digital transformation capabilities. RingNet's business model focuses on delivering tailored network integration solutions to diverse institutional segments. Public institutions represent a key market segment for its consulting and construction services, while general enterprises and educational institutions leverage its telepresence and cloud virtualization offerings. The company monetizes these services through direct contracts with clients across these sectors, emphasizing technical expertise in network infrastructure development. The firm's revenue streams are derived from both one-time system integration projects and ongoing service contracts. Public institutions often require large-scale network construction, driving significant project-based income, while general enterprises and educational institutions frequently engage in recurring service agreements for telepresence and cloud solutions. This dual approach ensures steady revenue flow across different client segments. RingNet Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about RingNet Co stock

Interest Coverage Ratio of RingNet Co is 5.07 in 2024.

Interest Coverage Ratio of RingNet Co changed from 39.83 to 5.07, representing a -87.27% change. The value is lower than the previous year.

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

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