36 pharmaceutical firms’ debt ratio hovers at 57% on average

The debt ratio of the KOSPI-listed 36 pharmaceutical firms in the country averaged 57 percent as of the end of last year, down 2 percentage points from 2009, according to Yakup.com, a pharmaceutical information provider,

The debt ratio, or the ratio of debt to equity, is used to measure the financial soundness of businesses. A figure above 100 percent means the business has more debt than e...