seoul listed firms\ debtrepaying ability improves in 2013
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Seoul listed firms' debt-repaying ability improves in 2013

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Arab Today, arab today Seoul listed firms' debt-repaying ability improves in 2013

Seoul - Yonhap

The ability of South Korean listed companies to pay back their debts improved last year due mainly to a rise in their operating profits and lower financial costs, data showed Monday. The average interest coverage ratio of 613 firms listed on the main bourse came to 4.84 last year, compared with 4.23 tallied a year earlier, according to the data compiled by the Korea Exchange (KRX).

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