HYBE Receives First-Ever Credit Rating: A+

HYBE has earned its first corporate credit rating since its founding, receiving external recognition for its financial soundness and growth potential. Korea Ratings (KR) assigned HYBE an A+ (Stable) rating, citing its “excellent business stability” and “very strong financial stability.”

On September 10, HYBE announced the results based on KR’s evaluation. KR highlighted HYBE’s top-tier market position and the strong brand influence of its artists as key strengths. The company’s rapid growth and diversification through its multi-label system, as well as the expansion of indirect revenue streams such as the Weverse platform, were noted as factors enhancing its stability. From a financial perspective, KR pointed to HYBE’s robust operating cash generation and virtually debt-free structure, diagnosing its stability as “very high.” The report also emphasized HYBE’s diversified artist portfolio, revenue growth, and consistently strong profitability.

KR further assessed that HYBE’s cash and cash equivalents amount to about 1.6 trillion KRW, with net cash holdings of around 360 billion KRW, sufficient to cover short-term debt obligations. Key financial indicators—such as a debt ratio of 61.0% and a borrowing dependence ratio of 22.0%—also support the company’s excellent liquidity.

A HYBE representative stated, “This A+ rating is an official recognition of our financial stability and growth potential. The credit evaluation was conducted as a preparatory step to support our mid- to long-term management strategy. We will continue to do our best to build long-term trust and achieve sustainable growth.”


Written by Kim Mi Hwa 
Translated by Lee So Yun