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Hanwha General Insurance Co (XKRX:000370) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Hanwha General Insurance Co Debt-to-Equity?

Hanwha General Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0 Mil. Hanwha General Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0 Mil. Hanwha General Insurance Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩2,975,255 Mil. Hanwha General Insurance Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Hanwha General Insurance Co's Debt-to-Equity or its related term are showing as below:

XKRX:000370' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.27   Max: 14.17
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Hanwha General Insurance Co was 14.17. The lowest was 0.08. And the median was 0.27.

XKRX:000370's Debt-to-Equity is ranked better than
72.28% of 386 companies
in the Insurance industry
Industry Median: 0.25 vs XKRX:000370: 0.08

Hanwha General Insurance Co Debt-to-Equity Historical Data

The historical data trend for Hanwha General Insurance Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hanwha General Insurance Co Debt-to-Equity Chart

Hanwha General Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.28 0.34 0.23 0.08

Hanwha General Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.18 0.18 0.08 -

Competitive Comparison of Hanwha General Insurance Co's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, Hanwha General Insurance Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hanwha General Insurance Co's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hanwha General Insurance Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hanwha General Insurance Co's Debt-to-Equity falls into.



Hanwha General Insurance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hanwha General Insurance Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hanwha General Insurance Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hanwha General Insurance Co  (XKRX:000370) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Hanwha General Insurance Co Debt-to-Equity Related Terms

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Hanwha General Insurance Co (XKRX:000370) Business Description

Traded in Other Exchanges
N/A
Address
56, Yeouido-daero, Yeongdeungpo-gu, (23-5, Yeouido-dong), Seoul, KOR
Hanwha General Insurance Co Ltd Is a South Korea based company engaged in providing non-life insurance and reinsurance services. It offers fire, marine, car, casualty, long term, retirement, private pension, and other insurances. In addition, the company also provides loan services, such as insurance contract loans, apartment mortgage loan and credit loan services.

Hanwha General Insurance Co (XKRX:000370) Headlines

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