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. Explore 085620 operating cash flow to assess how effectively this company generates cash.

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. Check financial resilience of Mirae Asset Life Insurance Co Ltd to evaluate the company's liquid asset resilience ratio.

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
Daqo New Energy Corp ADR
NYSE:DQ
USA $529.22 Million
Vestjysk Bank A/S
CO:VJBA
Denmark Dkr43.37 Billion
Aptus Value Housing Finance India Limited
NSE:APTUS
India Rs76.00 Billion
Great Wall Enterprise Co Ltd
TW:1210
Taiwan NT$40.68 Billion
ZWSOFT Guangzhou Co Ltd
SHG:688083
China CN¥561.65 Million
Hotel101 Global Holdings Corp. Class A Ordinary Shares
NASDAQ:HBNB
USA $85.30 Million
IRB Infrastructure Developers Limited
NSE:IRB
India Rs339.66 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
$1.41 Billion
₩2.08 Trillion KRW
Market Cap Rank
#7632 Global
#220 in Korea
Share Price
₩15930.00
Change (1 day)
-4.61%
52-Week Range
₩5310.00 - ₩18280.00
All Time High
₩18280.00
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