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 (000545) defensive interval to measure how many days the company can operate on defensive assets alone.

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. For the complete balance sheet picture, see 000545 total asset value.

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. Check Heungkuk Fire & Marine Insurance Co Ltd (000545) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

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