Manho Rope & Wire (XKRX:001080) Interest Coverage: 2.87 (As of Mar. 2026) — 95% Below Median

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XKRX:001080 Manho Rope & Wire Ltd XKRX:001080
57 GF Score
Price ₩3,980.00
GF Value ₩2,593.13
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Manho Rope & Wire Interest Coverage?

Manho Rope & Wire XKRX:001080 -1.85% 57 Interest Coverage is 2.87 as of Mar. 2026, which is 95% below its 10-year median of 53.46. GuruFocus rates XKRX:001080 with a GF Score™ of 57/100 and a GF Value™ of ₩2,593.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 463 Steel companies, Manho Rope & Wire ranks worse than 215982.51% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Manho Rope & Wire's Operating Income for the three months ended in Mar. 2026 was ₩1,262 Mil. Manho Rope & Wire's Interest Expense for the three months ended in Mar. 2026 was ₩-440 Mil. Manho Rope & Wire's interest coverage for the quarter that ended in Mar. 2026 was 2.87. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Manho Rope & Wire's Interest Coverage or its related term are showing as below:


XKRX:001080's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.83
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Manho Rope & Wire  (XKRX:001080) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Manho Rope & Wire Interest Coverage Related Terms


Manho Rope & Wire Interest Coverage Historical Data

* Premium members only.

The historical data trend for Manho Rope & Wire's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Manho Rope & Wire Interest Coverage Chart

Manho Rope & Wire Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.39 0.00 0.00 0.00 0.00

Manho Rope & Wire Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.87

XKRX:001080 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Manho Rope & Wire's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Manho Rope & Wire Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Manho Rope & Wire's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Manho Rope & Wire's Interest Coverage falls into.


XKRX:001080
57GF Score
Manho Rope & Wire Ltd XKRX:001080
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manho Rope & Wire Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Manho Rope & Wire's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Manho Rope & Wire's Interest Expense was ₩-15 Mil. Its Operating Income was ₩-11,977 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩19 Mil.

Manho Rope & Wire did not have earnings to cover the interest expense.

Manho Rope & Wire's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Manho Rope & Wire's Interest Expense was ₩-440 Mil. Its Operating Income was ₩1,262 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩9,759 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1262.269/-440.14
=2.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.87 mean?
Manho Rope & Wire (XKRX:001080) has a Interest Coverage of 2.87 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Manho Rope & Wire and its competitors. This is 95% below median its historical median of 53.46. According to the industry distribution chart, Manho Rope & Wire ranks #999999 out of 463 companies in the Steel industry.
Is Manho Rope & Wire's Interest Coverage too high?
Manho Rope & Wire's current Interest Coverage of 2.87 is 95% below median its 10-year median of 53.46. The Steel industry median Interest Coverage is 4.83. Manho Rope & Wire's value of 2.87 is 40.6% below this industry median. Based on the distribution chart, Manho Rope & Wire ranks #999999 out of 463 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Manho Rope & Wire has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manho Rope & Wire's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Manho Rope & Wire ranks #999999 out of 463 companies for Interest Coverage. This places Manho Rope & Wire in the lower half of its industry. The industry median Interest Coverage is 4.83. Manho Rope & Wire's value of 2.87 is 40.6% below this benchmark. While the company's 10-year median is 53.46 vs. the industry median of 4.83, Manho Rope & Wire has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Steel company?
The median Interest Coverage among Steel companies is 4.83, based on 463 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manho Rope & Wire's current Interest Coverage of 2.87 is 40.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Manho Rope & Wire and its competitors. For the Steel industry, the median Interest Coverage is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manho Rope & Wire's current Interest Coverage is 2.87, which is 95% below median its own 10-year median of 53.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manho Rope & Wire stock overvalued right now?
Based on GuruFocus' analysis, Manho Rope & Wire (XKRX:001080) is currently considered Significantly Overvalued. The stock's GF Value™ is ₩2,593.13, compared to a current price of ₩3,980.00 — trading 53.5% above its estimated fair value. The current Interest Coverage is 2.87, which is 95% below median its 10-year median of 53.46 and 40.6% below the Steel industry median of 4.83. Manho Rope & Wire's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Manho Rope & Wire (XKRX:001080), the current Interest Coverage is 2.87 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Manho Rope & Wire (XKRX:001080) Overvalued in 2026?

Based on GuruFocus' analysis, Manho Rope & Wire stock appears to be overvalued. The current stock price of ₩3,980.00 is trading 53.5% above its estimated GF Value™ of ₩2,593.13. GuruFocus considers Manho Rope & Wire to be Significantly Overvalued.

Key valuation signals for XKRX:001080:

  • Interest Coverage: 2.87 (95% below median its 10-year median of 53.46)
  • GF Value™: ₩2,593.13 vs. price of ₩3,980.00 (53.5% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 40.6% below the Steel median (#999999 of 463)

No single metric tells the full story. See the XKRX:001080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manho Rope & Wire Business Description

Address Jungang-Daero 116 Beon-Gi, 6th and 7th Floor, No. 14, L, JUNG-GU, ,9/FAX 82, Jung-Gu, Busan, KOR, 618-270
Manho Rope & Wire Ltd is a Korea-based company engaged in the manufacturing of ropes. Its products include fiber ropes, wire ropes, stainless wires, stainless cables, hard drawn steel wires, piano wires, pre-stressed concrete (PC) wires, PC strands, elevator ropes, fiber ropes and others, which are used in shipbuilding, mining, elevator, spring manufacturing, bridge construction and other industries.
57GF Score

Get the complete analysis for XKRX:001080

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₩3,980.00
Price
₩2,593.13
GF Value