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                Home Finance Financial Information & Results Credit Ratings

                Credit Ratings

                Hankook Tire maintains a high credit rating by upholding a transparent and reliable financial structure, with steady progress in business performance.

                Hankook Tire maintains a high credit rating by upholding a transparent and reliable financial structure, with steady progress in business performance.

                Credit Rating Status

                Credit Rating Status
                Agency Credit Rating Date of Latest
                Comment
                S&P BBB(Stable) 2020.08
                Moody's Baa2(Stable) 2020.08

                Credit Rating Definition

                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

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