Debt ratios of 13 pharmaceutical companies went over 100%

Published: 2014-12-10 17:00:27

Updated: 2014-12-10 17:02:21

Since it is known that debt ratios of 13 listed pharmaceutical companies, such as Kyung Nam Pharm with a 324% debt ratio, are over 100%, the industry criticized on stability of its financial structure.

According to the YakupDotCom’s analysis result of quarterly reports of listed pharmaceutical companies in the third quarter, the average debt ratio was 58%.

A debt ratio is a ratio dividing equ...

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