Nexen Tire Corp
KRX:002350

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Nexen Tire Corp
KRX:002350
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Price: 7 400 KRW 3.93% Market Closed
Market Cap: ₩770.9B

Bankruptcy Probability

Nexen Tire Corp's probability of bankruptcy is 2.1%, pointing to a small but noticeable default risk. The solvency score is 39/100 — 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.

Moderate
Probability of Bankruptcy

Financial Position

Cash & ST Investments
+
3Y
-8%
5Y
-34%
10Y
+44%
Long-Term Investments
+
3Y
-51%
5Y
-55%
10Y
+92%
Debt
+
3Y
-3%
5Y
+9%
10Y
+37%

Solvency Ratios

Solvency Ratios Comparison
Nexen Tire Corp Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
KR
Nexen Tire Corp
KRX:002350
711.6B KRW
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JP
Bridgestone Corp
TSE:5108
4.3T JPY
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FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
20.6B EUR
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IT
Pirelli & C SpA
MIL:PIRC
5.8B EUR
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CN
Sailun Group Co Ltd
SSE:601058
43B CNY
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JP
Yokohama Rubber Co Ltd
TSE:5101
984.9B JPY
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IN
MRF Ltd
NSE:MRF
541.4B INR
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KR
Hankook Tire & Technology Co Ltd
KRX:161390
6.8T KRW
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IN
Balkrishna Industries Ltd
NSE:BALKRISIND
397.8B INR
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JP
Toyo Tire Corp
TSE:5105
584.9B JPY
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JP
Sumitomo Rubber Industries Ltd
TSE:5110
558.5B JPY
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No Stocks Found
Is Nexen Tire Corp at risk of bankruptcy?

Nexen Tire Corp's probability of bankruptcy is 2.2%, 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.

How much debt does Nexen Tire Corp have?

As of the latest report, Nexen Tire Corp has total debt of 1.3T KRW. This includes both short-term (224.9B KRW) and long-term (1T KRW) debt.

You can find a full breakdown on its Balance Sheet.

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