Industrial Bank of Korea (024110.KS) Debt Metrics

Price: $14540
Market Cap: $11.59T
Avg Volume: 1.04M
Country: KR
Industry: Banks - Regional
Sector: Financial Services
Beta: 0.438
52W Range: $12510-15870
Website: Industrial Bank of Korea

How much debt does Industrial Bank of Korea have?

According to Industrial Bank of Korea's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Industrial Bank of Korea's total debt stands at $227.50T. This is broken down into:

  • Long-term debt: $223.25T
  • Short-term debt: $-

The company's net debt, which accounts for cash and cash equivalents, is $199.17T. In terms of overall financial obligations, Industrial Bank of Korea's total liabilities amount to $416.61T.

Debt Ratios and Metrics

To better understand Industrial Bank of Korea's debt position, we can look at several key ratios:

  • Debt to Equity Ratio: 7.19 - this indicates the proportion of equity and debt the company uses to finance its assets.
  • Debt Ratio: 50.73% - this shows the proportion of a company's assets that are financed through debt.
  • Interest Coverage Ratio: 0.62 - this measures how easily a company can pay interest on its outstanding debt.
  • Long-term Debt to Capitalization: 87.58% - this shows the proportion of long-term debt in the company's capital structure.
  • Total Debt to Capitalization: 87.78% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Industrial Bank of Korea's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.

Total Debt

$227.50T

Long-term Debt

$223.25T

Short-term Debt

$-

Net Debt

$199.17T

Total Liabilities

$416.61T

Interest Coverage

0.62

Debt to Equity Ratio

7.19

Debt Ratio

50.73%

Industrial Bank of Korea Historical Debt Metrics
Total Debt
Long-term Debt
Short-term Debt
Net Debt
$240.00T$240.00T$180.00T$180.00T$120.00T$120.00T$60.00T$60.00T$0.00$0.00Debt Metrics201520152016201620172017201820182019201920202020202120212022202220232023

Industrial Bank of Korea Historical Debt

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.

Year Total Debt Long-term Debt Short-term Debt Net Debt Total Liabilities Debt to Equity Debt Ratio Interest Coverage Long-term Debt to Capitalization Total Debt to Capitalization
2023 $227.50T $223.25T $- $199.17T $416.61T 7.19 50.73% 0.62 87.58% 87.78%
2022 $217.46T $- $- $191.17T $402.87T 7.51 50.34% 1.76 0.00% 88.25%
2021 $187.91T $71.69B $- $168.06T $187.91T 6.86 47.21% 1.29 0.00% 87.28%
2020 $170.61T $60.51B $- $157.42T $170.61T 6.82 47.18% 0.68 0.00% 87.21%
2019 $155.75T $71.09B $- $144.22T $155.75T 6.87 48.96% 0.60 0.00% 87.30%
2018 $139.22T $- $- $124.60T $268.42T 6.64 48.09% 1.70 0.00% 86.90%
2017 $121.78T $- $- $108.88T $254.27T 6.18 44.43% 1.69 0.00% 86.08%
2016 $118.20T $- $- $106.50T $238.80T 6.58 46.02% 0.53 0.00% 86.82%
2015 $109.76T $- $- $99.74T $222.55T 6.38 45.76% 0.45 0.00% 86.45%
2014 $103.04T $- $- $93.10T $204.11T 6.62 46.89% 0.34 0.00% 86.88%

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