Listed firms' debt ratio worsens in Q1 amid economic slowdown
- 5 years ago
South Korea's listed firms saw their financial health worsen in the first quarter of the year amid the economic slowdown.
Recent data from Korea Exchange shows... the average debt-to-equity ratio of 6-hundred-40 companies listed on the main KOSPI bourse was around 1-hundred-11 percent as of the end of March.
That is 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, leading to a higher debt-to-equity ratio.
Recent data from Korea Exchange shows... the average debt-to-equity ratio of 6-hundred-40 companies listed on the main KOSPI bourse was around 1-hundred-11 percent as of the end of March.
That is 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, leading to a higher debt-to-equity ratio.