China Life Insurance (601628.SS) Debt to Equity Ratio

Price: $37.8
Market Cap: $911.81B
Avg Volume: 13.43M
Country: CN
Industry: Insurance - Life
Sector: Financial Services
Beta: 0.664
52W Range: $26.5-50.88
Website: China Life Insurance

Debt to Equity Ratio

China Life Insurance's debt to equity ratio indicates the proportion of equity and debt the company uses to finance its assets:

  • Annual: 0.11
  • Quarterly: 0.09
  • TTM: 0.09

Other Key Debt Metrics

These metrics provide additional insights into China Life Insurance's financial leverage and its ability to meet financial obligations:

  • Debt Ratio - indicates the proportion of a company's assets that are financed through debt:
    • Annual: 0.83%
    • Quarterly: 0.75%
    • TTM: 0.75%
  • Debt to Assets Ratio - shows the proportion of a company's assets that are financed by debt:
    • Annual: 0.83%
    • Quarterly: 0.75%
    • TTM: 0.75%

These financial metrics offer a comprehensive view of China Life Insurance's debt structure and financial health. By comparing these ratios with industry benchmarks, investors can better understand the company's leverage and risk profile.

Annual Debt to Equity Ratio

0.11

Quarterly Debt to Equity Ratio

0.09

TTM Debt to Equity Ratio

0.09

China Life Insurance Historical Debt to Equity Ratio
0.250.250.200.200.150.150.100.100.050.050.000.00Debt to Equity Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Debt Ratio
3.14%3.14%2.51%2.51%1.89%1.89%1.26%1.26%0.63%0.63%0.00%0.00%Debt Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Debt to Assets Ratio
3.14%3.14%2.51%2.51%1.89%1.89%1.26%1.26%0.63%0.63%0.00%0.00%Debt to Assets Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024

China Life Insurance Historical Debt to Equity Ratio

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

Year Debt to Equity Ratio Debt Ratio Debt to Assets Ratio
2023 0.11 0.83% 0.83%
2022 0.11 0.94% 0.94%
2021 0.12 1.14% 1.14%
2020 0.13 1.35% 1.35%
2019 0.14 1.56% 1.56%
2018 0.06 0.62% 0.62%
2017 0.06 0.65% 0.65%
2016 0.18 2.01% 2.01%
2015 0.22 2.89% 2.89%
2014 0.25 3.14% 3.14%

Related Metrics

Explore detailed financial metrics and analysis for 601628.SS.