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Lotte Non-Life Insurance Co (XKRX:000400) Debt-to-Equity : 1.02 (As of Dec. 2024)


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What is Lotte Non-Life Insurance Co Debt-to-Equity?

Lotte Non-Life Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩0 Mil. Lotte Non-Life Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩806,275 Mil. Lotte Non-Life Insurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩794,239 Mil. Lotte Non-Life Insurance Co's debt to equity for the quarter that ended in Dec. 2024 was 1.02.

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 Lotte Non-Life Insurance Co's Debt-to-Equity or its related term are showing as below:

XKRX:000400' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 0.43   Max: 1.82
Current: 1.02

During the past 13 years, the highest Debt-to-Equity Ratio of Lotte Non-Life Insurance Co was 1.82. The lowest was 0.20. And the median was 0.43.

XKRX:000400's Debt-to-Equity is ranked worse than
91.08% of 381 companies
in the Insurance industry
Industry Median: 0.21 vs XKRX:000400: 1.02

Lotte Non-Life Insurance Co Debt-to-Equity Historical Data

The historical data trend for Lotte Non-Life 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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Lotte Non-Life Insurance Co Debt-to-Equity Chart

Lotte Non-Life Insurance Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.32 1.82 0.77 1.02

Lotte Non-Life Insurance Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.77 0.90 0.71 0.78 1.02

Competitive Comparison of Lotte Non-Life Insurance Co's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, Lotte Non-Life 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.


Lotte Non-Life Insurance Co's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Lotte Non-Life Insurance Co's Debt-to-Equity falls into.


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Lotte Non-Life Insurance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lotte Non-Life Insurance Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Lotte Non-Life Insurance Co's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Lotte Non-Life Insurance Co  (XKRX:000400) 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.


Lotte Non-Life Insurance Co Debt-to-Equity Related Terms

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Lotte Non-Life Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Sowol-ro, Jung-gu, Seoul, KOR, 100-778
Lotte Non-Life Insurance Co Ltd operates in the non-life insurance market. The company's insurance products include automobile insurance, fire insurance, casualty insurance, long-term insurance, marine insurance, and retirement insurance. The company is also exploring the overseas market such as China, Russia, and Vietnam.

Lotte Non-Life Insurance Co Headlines

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