Mirae Asset Life Insurance Co Ltd (085620) — Working Capital to Net Assets Ratio

Latest as of June 2023: 986.3%

Mirae Asset Life Insurance Co Ltd (085620) has a Working Capital to Net Assets ratio of 986.3% as of June 2023. Working capital of ₩29.07 Trillion (current assets of ₩29.22 Trillion minus current liabilities of ₩157.07 Billion) is measured against net assets of ₩2.95 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 085620 financial flexibility score to measure the company's free cash flow as a share of total liabilities.

WC/NA Ratio

986.3%
Working Capital / Net Assets

Working Capital

₩29.07 Trillion
KRW

Current Assets

₩29.22 Trillion
KRW

Current Liabilities

₩157.07 Billion
KRW

Mirae Asset Life Insurance Co Ltd Working Capital to Net Assets (2014–2021)

This chart shows how Mirae Asset Life Insurance Co Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2014 to 2021. As of June 2023, the ratio stands at 986.3%, reflecting working capital of ₩29.07 Trillion against net assets of ₩2.95 Trillion KRW. See Mirae Asset Life Insurance Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Working Capital to Net Assets for Mirae Asset Life Insurance Co Ltd (2014–2021)

The table below presents the year-by-year Working Capital to Net Assets ratio for Mirae Asset Life Insurance Co Ltd from 2014 to 2021, covering 8 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 085620 stock market capitalisation.

Year WC/NA Ratio Working Capital (KRW) Net Assets Current Assets Current Liabilities Change (pp)
2021 91.3% ₩1.74 Trillion ₩1.90 Trillion ₩2.46 Trillion ₩726.54 Billion ▲ +8.9 pp
2020 82.3% ₩1.88 Trillion ₩2.29 Trillion ₩2.63 Trillion ₩747.92 Billion ▲ +16.6 pp
2019 65.7% ₩1.54 Trillion ₩2.34 Trillion ₩2.21 Trillion ₩677.31 Billion ▼ -4.8 pp
2018 70.5% ₩1.46 Trillion ₩2.06 Trillion ₩2.04 Trillion ₩582.82 Billion ▼ -1.9 pp
2017 72.4% ₩1.49 Trillion ₩2.05 Trillion ₩2.03 Trillion ₩541.13 Billion ▼ -10.1 pp
2016 82.5% ₩1.55 Trillion ₩1.88 Trillion ₩2.13 Trillion ₩579.38 Billion ▼ -34.5 pp
2015 117.0% ₩2.17 Trillion ₩1.86 Trillion ₩2.63 Trillion ₩458.14 Billion ▼ -115.2 pp
2014 232.2% ₩3.48 Trillion ₩1.50 Trillion ₩3.94 Trillion ₩463.87 Billion
pp = percentage points