Baiksan Co (XKRX:035150) Interest Coverage: 13.30 (As of Jun. 2026) — 12% Above Median

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XKRX:035150 Baiksan Co Ltd XKRX:035150
81 GF Score
Price ₩10,600.00
GF Value ₩15,630.53
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Baiksan Co Interest Coverage?

Baiksan Co XKRX:035150 -0.66% 81 Interest Coverage is 13.30 as of Jun. 2026, which is 12% above its 10-year median of 11.92. GuruFocus rates XKRX:035150 with a GF Score™ of 81/100 and a GF Value™ of ₩15,630.53 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 761 Manufacturing - Apparel & Accessories companies, Baiksan Co ranks better than 64.39% 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. Baiksan Co's Operating Income for the three months ended in Jun. 2026 was ₩16,367 Mil. Baiksan Co's Interest Expense for the three months ended in Jun. 2026 was ₩0 Mil. Baiksan Co's interest coverage for the quarter that ended in Jun. 2026 was 13.30. The higher the ratio, the stronger the company's financial strength is.

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

XKRX:035150' s Interest Coverage Range Over the Past 10 Years
Min: 1.13   Med: 11.92   Max: 27.87
Current: 11.9


XKRX:035150's Interest Coverage is ranked better than
64.39% of 761 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.7 vs XKRX:035150: 11.90

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


Baiksan Co  (XKRX:035150) 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 .


Baiksan Co Interest Coverage Related Terms


Baiksan Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Baiksan Co'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.

Baiksan Co Interest Coverage Chart

Baiksan Co 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 8.87 14.48 12.32 20.55 11.42

Baiksan Co 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 9.91 9.52 20.12 10.39 13.30

XKRX:035150 vs NKE, DECK, ONON: Interest Coverage Comparison

For the Footwear & Accessories subindustry, Baiksan Co'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.


Baiksan Co Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

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


XKRX:035150
81GF Score
Baiksan Co Ltd XKRX:035150
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baiksan Co 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.

Baiksan Co'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, Baiksan Co's Interest Expense was ₩0 Mil. Its Operating Income was ₩53,869 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩44,594 Mil.

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

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

Here, for the three months ended in Jun. 2026, Baiksan Co's Interest Expense was ₩0 Mil. Its Operating Income was ₩16,367 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩45,910 Mil.

GuruFocus does not calculate Baiksan Co'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 13.30 mean?
Baiksan Co (XKRX:035150) has a Interest Coverage of 13.30 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Baiksan Co and its competitors. This is 12% above median its historical median of 11.92. Over the past decade, Baiksan Co's Interest Coverage has ranged from 1.13 to 27.87. According to the industry distribution chart, Baiksan Co ranks #271 out of 761 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 35.6%.
Is Baiksan Co's Interest Coverage too high?
Baiksan Co's current Interest Coverage of 13.30 is 12% above median its 10-year median of 11.92. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 27.87. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.70. Baiksan Co's value of 13.30 is 133.3% above this industry median. Based on the distribution chart, Baiksan Co ranks #271 out of 761 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Baiksan Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baiksan Co's Interest Coverage compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Baiksan Co ranks #271 out of 761 companies for Interest Coverage. This puts Baiksan Co in the upper half of its industry. The industry median Interest Coverage is 5.70. Baiksan Co's value of 13.30 is 133.3% above this benchmark. Historically, Baiksan Co's own Interest Coverage has ranged from 1.13 to 27.87 over the past decade. While the company's 10-year median is 11.92 vs. the industry median of 5.70, Baiksan Co 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. Baiksan Co's current Interest Coverage of 13.30 is 133.3% 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 Baiksan Co 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. Baiksan Co's current Interest Coverage is 13.30, which is 12% above median its own 10-year median of 11.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baiksan Co stock overvalued right now?
Based on GuruFocus' analysis, Baiksan Co (XKRX:035150) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩15,630.53, compared to a current price of ₩10,600.00 — trading 32.2% below its estimated fair value. The current Interest Coverage is 13.30, which is 12% above median its 10-year median of 11.92 and 133.3% above the Manufacturing - Apparel & Accessories industry median of 5.70. Baiksan Co's overall GF Score™ is 81/100 with 2 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 Baiksan Co (XKRX:035150), the current Interest Coverage is 13.30 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 Baiksan Co (XKRX:035150) Overvalued in 2026?

Based on GuruFocus' analysis, Baiksan Co stock appears to be undervalued. The current stock price of ₩10,600.00 is trading 32.2% below its estimated GF Value™ of ₩15,630.53. GuruFocus considers Baiksan Co to be Significantly Undervalued.

Key valuation signals for XKRX:035150:

  • Interest Coverage: 13.30 (12% above median its 10-year median of 11.92)
  • GF Value™: ₩15,630.53 vs. price of ₩10,600.00 (32.2% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 133.3% above the Manufacturing - Apparel & Accessories median (#271 of 761)

No single metric tells the full story. See the XKRX:035150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baiksan Co Business Description

Address 47, Gongdan 1-daero 27beongil, Gyeonggi-do, Siheung-si, KOR, 429-450
Baiksan Co Ltd is a South Korea-based company engaged in the industry of artificial leather manufacturing, finance, trade, and clothing production and export. Along with subsiidary the company manufactures and sells synthetic leather using polyurethane synthetic resin and non-woven fabric as foaming agents. The main uses of polyurethane synthetic leather are diverse, ranging from shoes, clothing, and bags to balls, sporting goods, electronic product cases, furniture, automobile interior materials, and miscellaneous goods, and the demand continues to increase as the use develops.
81GF Score

Get the complete analysis for XKRX:035150

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

₩10,600.00
Price
₩15,630.53
GF Value