Mirae Asset Life Insurance Co Ltd (085620) - Total Liabilities

Latest as of September 2025: ₩30.73 Trillion KRW ≈ $20.82 Billion USD

Based on the latest financial reports, Mirae Asset Life Insurance Co Ltd (085620) has total liabilities worth ₩30.73 Trillion KRW (≈ $20.82 Billion USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

Mirae Asset Life Insurance Co Ltd - Total Liabilities Trend (2014–2024)

This chart illustrates how Mirae Asset Life Insurance Co Ltd's total liabilities have evolved over time, based on quarterly financial data. See Mirae Asset Life Insurance Co Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Mirae Asset Life Insurance Co Ltd Competitors by Total Liabilities

The table below lists competitors of Mirae Asset Life Insurance Co Ltd ranked by their total liabilities.

Company Country Total Liabilities
Maple Leaf Foods Inc.
TO:MFI
Canada CA$2.81 Billion
Inesa Intelligent Tech Inc A
SHG:600602
China CN¥2.89 Billion
NH Hoteles
MC:NHH
Spain €3.32 Billion
TIME Dotcom Bhd
KLSE:5031
Malaysia RM1.13 Billion
Sinopharm Group Co. Ltd
F:X2S
Germany €256.20 Billion
PNB Housing Finance Limited
NSE:PNBHOUSING
India Rs677.86 Billion
Veracyte Inc
NASDAQ:VCYT
USA $110.12 Million
Air China Limited
F:AD2
Germany €303.82 Billion

Liability Composition Analysis (2014–2024)

This chart breaks down Mirae Asset Life Insurance Co Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see 085620 company net worth.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio N/A Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio N/A Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity 12.33 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.93 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Mirae Asset Life Insurance Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Mirae Asset Life Insurance Co Ltd (2014–2024)

The table below shows the annual total liabilities of Mirae Asset Life Insurance Co Ltd from 2014 to 2024.

Year Total Liabilities Change
2024-12-31 ₩29.93 Trillion
≈ $20.28 Billion
-0.49%
2023-12-31 ₩30.08 Trillion
≈ $20.38 Billion
-2.84%
2022-12-31 ₩30.95 Trillion
≈ $20.98 Billion
-22.80%
2021-12-31 ₩40.10 Trillion
≈ $27.17 Billion
+4.57%
2020-12-31 ₩38.34 Trillion
≈ $25.99 Billion
+7.47%
2019-12-31 ₩35.68 Trillion
≈ $24.18 Billion
+9.53%
2018-12-31 ₩32.58 Trillion
≈ $22.08 Billion
-2.67%
2017-12-31 ₩33.47 Trillion
≈ $22.68 Billion
+25.05%
2016-12-31 ₩26.76 Trillion
≈ $18.14 Billion
+5.52%
2015-12-31 ₩25.36 Trillion
≈ $17.19 Billion
+9.40%
2014-12-31 ₩23.18 Trillion
≈ $15.71 Billion
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About Mirae Asset Life Insurance Co Ltd

KO:085620 Korea Insurance - Life
Market Cap
$2.83 Billion
₩4.18 Trillion KRW
Market Cap Rank
#5199 Global
#132 in Korea
Share Price
₩32000.00
Change (1 day)
+4.58%
52-Week Range
₩5890.00 - ₩32250.00
All Time High
₩32250.00
About

MIRAE ASSET Life Insurance Co., Ltd. provides personal insurance products and undertakes related reinsurance contracts in South Korea. The company offers pension/savings, whole life/term, cancer/health, dementia/nursing care, whole life/term, and retirement pension insurance products, as well as insurance loans. MIRAE ASSET Life Insurance Co., Ltd. was founded in 1988 and is headquartered in Seou… Read more