Listed pharmas have 57% debt ratio to capital owned in 2017

Published: 2018-03-30 15:31:32

Updated: 2018-03-30 15:31:32

1 of 5 listed pharmaceutical companies were evaluated a company having problems in financial soundness as having more debts than their capital.

Yakup Shinmoon(www.yakup.com) analyzed 2017 audit reports that 65 KOSPI and KOSDAQ listed pharmaceutical companies, and the analysis result showed their average debt ratio was 57%. (holding and biotechnology companies excluded from the analysis)

Debt ...

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