Heungkuk Fire & Marine Insurance Co Ltd (000545) — Working Capital to Net Assets Ratio

Latest as of December 2017: 29.7%

Heungkuk Fire & Marine Insurance Co Ltd (000545) has a Working Capital to Net Assets ratio of 29.7% as of December 2017. Working capital of ₩186.95 Billion (current assets of ₩1.13 Trillion minus current liabilities of ₩947.23 Billion) is measured against net assets of ₩629.34 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Heungkuk Fire & Marine Insurance Co Ltd balance sheet independence to measure how much of total assets are equity-financed.

WC/NA Ratio

29.7%
Working Capital / Net Assets

Working Capital

₩186.95 Billion
KRW

Current Assets

₩1.13 Trillion
KRW

Current Liabilities

₩947.23 Billion
KRW

Heungkuk Fire & Marine Insurance Co Ltd Working Capital to Net Assets (2014–2017)

This chart shows how Heungkuk Fire & Marine Insurance Co Ltd's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2014 to 2017. As of December 2017, the ratio stands at 29.7%, reflecting working capital of ₩186.95 Billion against net assets of ₩629.34 Billion KRW. Check tangible equity quality of Heungkuk Fire & Marine Insurance Co Ltd to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Heungkuk Fire & Marine Insurance Co Ltd (2014–2017)

The table below presents the year-by-year Working Capital to Net Assets ratio for Heungkuk Fire & Marine Insurance Co Ltd from 2014 to 2017, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see 000545 stock market capitalisation.

Year WC/NA Ratio Working Capital (KRW) Net Assets Current Assets Current Liabilities Change (pp)
2017 29.7% ₩186.95 Billion ₩629.34 Billion ₩1.13 Trillion ₩947.23 Billion ▼ -44.8 pp
2016 74.5% ₩411.41 Billion ₩552.26 Billion ₩1.41 Trillion ₩1.00 Trillion ▼ -125.4 pp
2015 199.8% ₩883.37 Billion ₩442.02 Billion ₩1.81 Trillion ₩930.31 Billion ▼ -13.4 pp
2014 213.3% ₩856.52 Billion ₩401.58 Billion ₩1.72 Trillion ₩860.00 Billion
pp = percentage points