Tong Yang Life Insurance Co., Ltd.

KSE 082640.KS

Tong Yang Life Insurance Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.07

Tong Yang Life Insurance Co., Ltd. Debt to Equity Ratio is 0.07 for the year ending December 31, 2023, a -56.16% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Tong Yang Life Insurance Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.16, a 59.40% change year over year.
Tong Yang Life Insurance Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.10, a 1.60% change year over year.
Tong Yang Life Insurance Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.10, a -15.89% change year over year.
Tong Yang Life Insurance Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.12, a 161.90% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

KSE: 082640.KS

Tong Yang Life Insurance Co., Ltd.

CEO	Mr. Jian Rong Luo
IPO Date	Oct. 8, 2009
Location	South Korea
Headquarters	33 Jong-ro
Employees	864
Sector	Finance
Industries Insurance

Description

Tong Yang Life Insurance Co., Ltd. engages in the life insurance business in South Korea. The company also offers accident compensation insurance and child insurance services; and retirement pension services and asset management services. It provides its insurance services directly and through general agencies, as well as through 5 business units. The company was founded in 1989 and is based in Seoul, South Korea.

Key trends

Past 5 years