SYTS (XKRX:002170) Interest Coverage: 44.20 (As of Jun. 2026) — 62% Below Median

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XKRX:002170 SYTS XKRX:002170
76 GF Score
Price ₩53,200.00
GF Value ₩45,396.72
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is SYTS Interest Coverage?

SYTS XKRX:002170 -1.83% 76 Interest Coverage is 44.20 as of Jun. 2026, which is 62% below its 10-year median of 114.92. GuruFocus rates XKRX:002170 with a GF Score™ of 76/100 and a GF Value™ of ₩45,396.72 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 761 Manufacturing - Apparel & Accessories companies, SYTS ranks better than 89.22% 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. SYTS's Operating Income for the three months ended in Jun. 2026 was ₩1,613 Mil. SYTS's Interest Expense for the three months ended in Jun. 2026 was ₩0 Mil. SYTS's interest coverage for the quarter that ended in Jun. 2026 was 44.20. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. SYTS has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for SYTS's Interest Coverage or its related term are showing as below:

XKRX:002170' s Interest Coverage Range Over the Past 10 Years
Min: 23.19   Med: 114.92   Max: 302.86
Current: 129.02


XKRX:002170's Interest Coverage is ranked better than
89.22% of 761 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.7 vs XKRX:002170: 129.02

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


SYTS  (XKRX:002170) 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 .


SYTS Interest Coverage Related Terms


SYTS Interest Coverage Historical Data

* Premium members only.

The historical data trend for SYTS'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.

SYTS Interest Coverage Chart

SYTS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 302.86 33.06 23.19 119.36 206.59

SYTS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 157.57 242.85 191.68 11.61 44.20

XKRX:002170 vs NKE, DECK, ONON: Interest Coverage Comparison

For the Footwear & Accessories subindustry, SYTS'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.


SYTS Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, SYTS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SYTS's Interest Coverage falls into.


XKRX:002170
76GF Score
SYTS XKRX:002170
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SYTS 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.

SYTS's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, SYTS's Interest Expense was ₩0 Mil. Its Operating Income was ₩18,789 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩78 Mil.

GuruFocus does not calculate SYTS's interest coverage with the available data.

SYTS's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, SYTS's Interest Expense was ₩0 Mil. Its Operating Income was ₩1,613 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩522 Mil.

GuruFocus does not calculate SYTS's interest coverage with the available data.

* 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 44.20 mean?
SYTS (XKRX:002170) has a Interest Coverage of 44.20 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SYTS and its competitors. This is 62% below median its historical median of 114.92. Over the past decade, SYTS's Interest Coverage has ranged from 23.19 to 302.86. According to the industry distribution chart, SYTS ranks #82 out of 761 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 10.8%.
Is SYTS's Interest Coverage too high?
SYTS's current Interest Coverage of 44.20 is 62% below median its 10-year median of 114.92. Over the past 10 years, this metric has ranged from a low of 23.19 to a high of 302.86. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.70. SYTS's value of 44.20 is 675.4% above this industry median. Based on the distribution chart, SYTS ranks #82 out of 761 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, SYTS has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SYTS's Interest Coverage compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, SYTS ranks #82 out of 761 companies for Interest Coverage. This places SYTS in the top 11% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.70. SYTS's value of 44.20 is 675.4% above this benchmark. Historically, SYTS's own Interest Coverage has ranged from 23.19 to 302.86 over the past decade. While the company's 10-year median is 114.92 vs. the industry median of 5.70, SYTS has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.70, based on 761 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. SYTS's current Interest Coverage of 44.20 is 675.4% above 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 SYTS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SYTS's current Interest Coverage is 44.20, which is 62% below median its own 10-year median of 114.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SYTS stock overvalued right now?
Based on GuruFocus' analysis, SYTS (XKRX:002170) is currently considered Modestly Overvalued. The stock's GF Value™ is ₩45,396.72, compared to a current price of ₩53,200.00 — trading 17.2% above its estimated fair value. The current Interest Coverage is 44.20, which is 62% below median its 10-year median of 114.92 and 675.4% above the Manufacturing - Apparel & Accessories industry median of 5.70. SYTS's overall GF Score™ is 76/100 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 SYTS (XKRX:002170), the current Interest Coverage is 44.20 as of Jun. 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 SYTS (XKRX:002170) Overvalued in 2026?

Based on GuruFocus' analysis, SYTS stock appears to be overvalued. The current stock price of ₩53,200.00 is trading 17.2% above its estimated GF Value™ of ₩45,396.72. GuruFocus considers SYTS to be Modestly Overvalued.

Key valuation signals for XKRX:002170:

  • Interest Coverage: 44.20 (62% below median its 10-year median of 114.92)
  • GF Value™: ₩45,396.72 vs. price of ₩53,200.00 (17.2% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 675.4% above the Manufacturing - Apparel & Accessories median (#82 of 761)

No single metric tells the full story. See the XKRX:002170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SYTS Business Description

Address 301 Teheran-ro, Gangnam-gu, Seoul, KOR, 135-080
SYTS, formerly Samyang Tongsang Co Ltd is engaged in the manufacture and marketing of leather products used for handbags, footwear, and car seats. The business of the company is divided into the Manufacturing sector engaged in importing and process raw hides as raw materials to produce leather fabrics, anSYTSd the Rental sector engaged in real estate rental business in Seoul as side business.
76GF Score

Get the complete analysis for XKRX:002170

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

₩53,200.00
Price
₩45,396.72
GF Value