Heungkuk Fire&Marine Insurance Co., Ltd.

KSE 000540.KS

Heungkuk Fire&Marine Insurance Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 22.10

Heungkuk Fire&Marine Insurance Co., Ltd. Interest Coverage Ratio is 22.10 for the year ending December 31, 2023, a 65.92% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Heungkuk Fire&Marine Insurance Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 13.32, a 172.17% change year over year.
Heungkuk Fire&Marine Insurance Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 4.89, a 108.15% change year over year.
Heungkuk Fire&Marine Insurance Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 2.35, a -22.87% change year over year.
Heungkuk Fire&Marine Insurance Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 3.05, a -51.02% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

KSE: 000540.KS

Heungkuk Fire&Marine Insurance Co., Ltd.

CEO	Mr. Kyu-Jun Lim
IPO Date	Jan. 4, 2000
Location	South Korea
Headquarters	68 Saemunan-ro
Employees	898
Sector	Finance
Industries Insurance Health Insurance & Plans

Description

Heungkuk Fire&Marine Insurance Co., Ltd. primarily engages in the insurance business. The company offers car, medical, health, illness, injury, child, driver, accident, annuity, savings, fire, property, and travel and leisure insurance products, as well as group insurance and bancassurance products. It also provides general loan products. The company was formerly known as Heungkuk Ssangyong Fire & Marine Insurance Co., Ltd. and changed its name to Heungkuk Fire&Marine Insurance Co., Ltd. in 2009. Heungkuk Fire&Marine Insurance Co., Ltd. was founded in 1948 and is based in Seoul, South Korea.

Key trends

Past 5 years