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Pharmaceutical firms’ debt ratio stands at 60.8%

Published: 2012-05-16 06:58:00
Updated: 2012-05-16 06:58:00
The debt ratio of 55 major pharmaceutical firms listed on Seoul bourse posted 60.8 percent last year as they tried to hold more cash

According to Yakup.com, a pharmaceutical information provider, the debt ratio of the 55 companies averaged 60.8 percent as of the end of last year, down 3.2 percentage points from 2009.

The debt ratio, or the ratio of debt to equity, is used to measure the f...

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