GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Korea Investment Holdings Co Ltd (XKRX:071055) » Definitions » Financial Strength

Korea Investment Holdings Co (XKRX:071055) Financial Strength : 2 (As of Dec. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Korea Investment Holdings Co Financial Strength?

Korea Investment Holdings Co has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Korea Investment Holdings Co Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

GuruFocus does not calculate Korea Investment Holdings Co's interest coverage with the available data. Korea Investment Holdings Co's debt to revenue ratio for the quarter that ended in Dec. 2024 was 27.14. Altman Z-Score does not apply to banks and insurance companies.


Korea Investment Holdings Co Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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:

Korea Investment Holdings Co's Interest Expense for the months ended in Dec. 2024 was ₩-645,009 Mil. Its Operating Income for the months ended in Dec. 2024 was ₩0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩38,398,123 Mil.

Korea Investment Holdings Co's Interest Coverage for the quarter that ended in Dec. 2024 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Korea Investment Holdings Co's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 38398123.485) / 1414894.208
=27.14

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Korea Investment Holdings Co  (XKRX:071055) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Korea Investment Holdings Co has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Korea Investment Holdings Co Financial Strength Related Terms

Thank you for viewing the detailed overview of Korea Investment Holdings Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Korea Investment Holdings Co Business Description

Traded in Other Exchanges
Address
27-1, Yeouido-dong, Yeongdeungpo-gu, Seoul, KOR, 150-747
Korea Investment Holdings Co Ltd is an investment holding company that provides financial products and services. The company is engaged in a brokerage, investment banking, asset management, venture capital, private equity, a mutual savings bank, credit financing, and hedge funds. The group is organized into six major operating segments: financial holdings, securities business, asset management, financial investment, savings bank, and other financial business. The financial investments segment delivers the majority of the group's revenue.