DRB Industrial Co., Ltd.

KSE 163560.KS

DRB Industrial Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 3.05

DRB Industrial Co., Ltd. Interest Coverage Ratio is 3.05 for the year ending December 31, 2023, a 6.04% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • DRB Industrial Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 2.87, a 133.89% change year over year.
  • DRB Industrial Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 1.23, a -94.97% change year over year.
  • DRB Industrial Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 24.44, a 71.58% change year over year.
  • DRB Industrial Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 14.24, a 33.21% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
KSE: 163560.KS

DRB Industrial Co., Ltd.

CEO Yoon-Hwan Lee
IPO Date Oct. 19, 2012
Location South Korea
Headquarters 28, Gongdandong-ro 55beon-gil
Employees 528
Sector Materials
Industries
Description

DRB Industrial Co., Ltd. manufactures and distributes rubber belts in Korea. The company offers vehicle sealings, such as glass run/channels, door seals, body seals, tailgate seals, and hood seals; construction materials, including low vibration track systems, ballast mats, platform gap fillers, and fastening systems for railway products; rubber fender, automatic cable cover belt, and accessories for marine products; and submerged gaskets, membranes for tanks, shock mounts, diaphragms, water-proof sheets, sluice seals, gas holders, crash cushions, and door seals for civil engineering and industrial materials, as well as rubber dam, eco-tank, multi-function HDPE catch basin, and intercepted flow control device for eco products. It also provides seismic isolation and vibration control products comprising isolation, damper, and structural systems; power transmission belts, such as wrapped belts, raw edge cogged belts, V-ribbed belts, and timing belts used in industrial, automotive, and agricultural industries. In addition, the company offers conveyor belts, pipe/return pipe conveyor systems, corrugated sidewall conveyor systems, and air floating conveyor systems; and rubber track and undercarriage systems, and rubber pads. Further, it conducts architectural engineering work for performance-based design of structures, seismic isolation vibration control device and structure design, and composite beam design. The company was founded in 1945 and is headquartered in Busan, South Korea.

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StockViz Staff

February 5, 2025

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