Hyosung Advanced Materials Corporation

KSE 298050.KS

Hyosung Advanced Materials Corporation Debt to Equity Ratio for the year ending December 31, 2023: 2.58

Hyosung Advanced Materials Corporation Debt to Equity Ratio is 2.58 for the year ending December 31, 2023, a 11.12% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Hyosung Advanced Materials Corporation Debt to Equity Ratio for the year ending December 31, 2022 was 2.32, a -9.57% change year over year.
Hyosung Advanced Materials Corporation Debt to Equity Ratio for the year ending December 31, 2021 was 2.57, a -50.17% change year over year.
Hyosung Advanced Materials Corporation Debt to Equity Ratio for the year ending December 31, 2020 was 5.15, a -5.23% change year over year.
Hyosung Advanced Materials Corporation Debt to Equity Ratio for the year ending December 31, 2019 was 5.43, a 27.72% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

KSE: 298050.KS

Hyosung Advanced Materials Corporation

CEO	Yong-Soo Cho
IPO Date	July 13, 2018
Location	South Korea
Headquarters	119, Mapo-Daero
Employees	876
Sector	Materials
Industries Chemicals & Advanced Materials

Description

Hyosung Advanced Materials Corporation manufactures and sells industrial, polyester, nylon, and carpet yarns in South Korea and internationally. The company also offers aramid fiber and carbon fiber materials; polyester tire cords, steel cords, and bead wires for tire reinforcement; and airbag fabrics and cushions, as well as hose wires and conveyor belt wires. The company serves various industries, such as automobile, civil engineering, architecture, construction, and transportation industries. The company was founded in 2018 and is based in Seoul, South Korea.

Key trends

Past 5 years