Listed firms' debt ratio worsens in Q1 amid economic slowdown
- 5 years ago
3월말 코스피 기업 부채비율 110.7%…올들어 6.37%p 악화
South Korea's listed firms saw their financial health worsen in the first quarter of the year amid the economic slowdown.
Data from Korea Exchange show... the average debt-to-equity ratio of 6-hundred-40 companies listed on Korea's main stock index, the KOSPI, was around 1-hundred-11 percent as of the end of March.
That's up around 6 percentage points from the end of 2018.
Their total debt came to around 1-point-14 trillion U.S. dollars,... up 7-point-5 percent from three months earlier,... but their combined equity only went up around 1-point-3 percent.
South Korea's listed firms saw their financial health worsen in the first quarter of the year amid the economic slowdown.
Data from Korea Exchange show... the average debt-to-equity ratio of 6-hundred-40 companies listed on Korea's main stock index, the KOSPI, was around 1-hundred-11 percent as of the end of March.
That's up around 6 percentage points from the end of 2018.
Their total debt came to around 1-point-14 trillion U.S. dollars,... up 7-point-5 percent from three months earlier,... but their combined equity only went up around 1-point-3 percent.