Nexen Corporation

KSE 005720.KS

Nexen Corporation Interest Coverage Ratio for the year ending December 31, 2023: 3.83

Nexen Corporation Interest Coverage Ratio is 3.83 for the year ending December 31, 2023, a 415.68% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Nexen Corporation Interest Coverage Ratio for the year ending December 31, 2022 was 0.74, a -76.42% change year over year.
Nexen Corporation Interest Coverage Ratio for the year ending December 31, 2021 was 3.15, a 133.35% change year over year.
Nexen Corporation Interest Coverage Ratio for the year ending December 31, 2020 was 1.35, a -86.74% change year over year.
Nexen Corporation Interest Coverage Ratio for the year ending December 31, 2019 was 10.19, a 15.04% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

KSE: 005720.KS

Nexen Corporation

CEO	Mr. Ho-Chan Kang
IPO Date	Jan. 4, 2000
Location	South Korea
Headquarters	2595 Kimhae-daero
Employees	752
Sector	Materials
Industries Plastics Automobiles & Vehicles Cleaning Supplies Composite Materials Construction Materials Leisure Non-Alcoholic Beverages Petrochemicals

Description

Nexen Corporation manufactures and sells rubber products in South Korea. The company offers tubes and flaps, solid tires, carbon masterbatch pellets and sheets, golf balls, and bladders for tires. It also provides logistics services, including sea, bulk, air, inland transport and distribution, warehouse, and knock down. The company also exports and distributes its products to approximately 140 countries. Nexen Corporation was founded in 1968 and is headquartered in Gimhae, South Korea.

Key trends

Past 5 years