TK Chemical Corp
KOSDAQ:104480
Bankruptcy Probability
TK Chemical Corp's probability of bankruptcy is 2.9%, pointing to a small but noticeable default risk. The solvency score is 42/100 — a warning sign of potential financial weakness.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
TK Chemical Corp Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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| KR |
T
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TK Chemical Corp
KOSDAQ:104480
|
165.8B KRW |
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| HK |
C
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Cecep Costin New Materials Group Ltd
HKEX:2228
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44.5B HKD |
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| CN |
S
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Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
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32.2B CNY |
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| TW |
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Eclat Textile Co Ltd
TWSE:1476
|
116.9B TWD |
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| CN |
H
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Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
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24.7B CNY |
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| IN |
S
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Spentex Industries Ltd
NSE:SPENTEX
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291.1B INR |
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| IN |
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Sumeet Industries Ltd
NSE:SUMEETINDS
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260B INR |
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| CN |
W
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Weiqiao Textile Co Ltd
HKEX:2698
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18.9B HKD |
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| UK |
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Coats Group PLC
LSE:COA
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1.7B GBP |
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Ruentex Industries Ltd
TWSE:2915
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55.7B TWD |
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| CN |
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Yantai Tayho Advanced Materials Co Ltd
SZSE:002254
|
11.6B CNY |
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TK Chemical Corp's probability of bankruptcy is 2.9%, pointing to a small but noticeable default risk.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, TK Chemical Corp has total debt of 108.9B KRW. This includes both short-term (108.8B KRW) and long-term (86.5m KRW) debt.
You can find a full breakdown on its Balance Sheet.