LOTTE rental co.,ltd.

KSE 089860.KS

LOTTE rental co.,ltd. Interest Coverage Ratio for the year ending December 31, 2023: 2.15

LOTTE rental co.,ltd. Interest Coverage Ratio is 2.15 for the year ending December 31, 2023, a -19.89% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

LOTTE rental co.,ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 2.68, a 0.78% change year over year.
LOTTE rental co.,ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 2.66, a 59.06% change year over year.
LOTTE rental co.,ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 1.67, a 30.38% change year over year.
LOTTE rental co.,ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 1.28, a -5.10% change year over year.

Key data

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

KSE: 089860.KS

LOTTE rental co.,ltd.

CEO	Jin-Hwan Choi
IPO Date	Aug. 19, 2021
Location	South Korea
Headquarters	KT Tower
Employees	967
Sector	Consumer Discretionary
Industries Automobiles & Vehicles Ridesharing

Description

LOTTE rental co.,ltd. provides car and equipment rental services in South Korea. It also provides household goods, automobiles, and office equipment rental services, as well as vehicle maintenance and auto auction services. The company was formerly known as KT Rental Co., Ltd. and changed its name to LOTTE rental co.,ltd. on June 24, 2015. LOTTE rental co.,ltd. was founded in 1986 and is headquartered in Seoul, South Korea.

Key trends

Past 5 years