Credit Ratings
Hankook Tire maintains a high credit rating by upholding a transparent and reliable financial structure, with steady progress in business performance.
Credit Rating Status
| Agency | Credit Rating | Most Recent Update |
|---|---|---|
| S&P | BBB(Stable) | 2021.10.28 |
| Moody's | Baa2(Stable) | 2021.08.20 |
Credit Rating Definition
| Definition | S&P | Moody's |
|---|---|---|
| Exceptional credit quality and lowest expectation of investment risk | AAA | Aaa |
| Excellent credit quality and very low expectation of investment risk | AA+, AA, AA- | Aa1, Aa2, Aa3 |
| Good credit quality and currently low expectation of investment risk | A+, A, A- | A1, A2, A3 |
| Adequate credit quality and currently low expectation of investment risk | BBB+, BBB, BBB- | Baa1, Baa2, Baa3 |
| Questionable credit quality and possibility of investment risk developing | BB+, BB, BB- | Ba1, Ba2, Ba3 |
| Generally poor credit quality and investment risk exist | B+, B, B- | B1, B2, B3 |
| Extremely poor credit quality and currently perceived possibility of default | CCC and below | Caa and below |
