1 of 5 listed pharmas has ‘poor’ financial structure

Published: 2017-08-31 15:15:01

Updated: 2017-08-31 15:15:01

1 of 5 listed pharmaceutical companies reportedly have a debt ratio more than 100%, evaluated to have poor financial structure.

Yakup Shinmoon(www.yakup.com) analyzed 61 KOSPI and KOSDAQ listed pharmaceutical companies’ 2017 1^st quarter reports, and the analysis showed their average debt ratio was 58%. (biotech and holding companies excluded from the analysis)

Debt ratio is a ratio of debts t...

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