Mirae Asset Life Insurance Co Ltd (085620) - Total Liabilities
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. Also explore Mirae Asset Life Insurance Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
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 085620 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
Centuria Industrial REIT
AU:CIP
|
Australia | AU$1.51 Billion |
|
Sansure Biotech Inc
SHG:688289
|
China | CN¥2.38 Billion |
|
VIA Technologies Inc
TW:2388
|
Taiwan | NT$13.15 Billion |
|
Taiwan FamilyMart Co Ltd
TWO:5903
|
Taiwan | NT$70.88 Billion |
|
Kailuan Energy Chemical Co Ltd
SHG:600997
|
China | CN¥11.39 Billion |
|
Guangdong CHJ Industry Co Ltd
SHE:002345
|
China | CN¥3.32 Billion |
|
Develia S.A
WAR:DVL
|
Poland | zł3.24 Billion |
|
Advantage Oil & Gas Ltd.
TO:AAV
|
Canada | CA$1.35 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 Mirae Asset Life Insurance Co Ltd market capitalisation.
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
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