Meritz Fire & Marine Insurance Co

Meritz Fire & Marine Insurance Co Interest Coverage

Delisted

The Interest Coverage Ratio of Meritz Fire & Marine Insurance Co (000060.KS) as of Oct 11, 2026 is 2.14. In the previous year, Interest Coverage Ratio was 27.11 — a change of -92.12% (lower).

Interest Coverage

2.14

YoY

-92.12%

Last updated:

Interest Coverage Ratio of Meritz Fire & Marine Insurance Co is 2021 2.14 . Interest Coverage Ratio of Meritz Fire & Marine Insurance Co was 2020 27.11 . It decreases by -92.12% lower compared to the previous year.

The Meritz Fire & Marine Insurance Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2014
1.76 KRW
Jan 1, 2015
1.08 KRW
Jan 1, 2016
3.19 KRW
Jan 1, 2017
2.55 KRW
Jan 1, 2018
0.88 KRW
Jan 1, 2019
0.74 KRW
Jan 1, 2020
27.11 KRW
Jan 1, 2021
2.14 KRW
The Meritz Fire & Marine Insurance Co Interest Coverage history
YEARInterest CoverageYoY
2.14-92.12%
27.11+3,544.52%
0.74-15.61%
0.88-65.49%
2.55-19.85%
3.19+194.91%
1.08-38.43%
1.76—
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Meritz Fire & Marine Insurance Co Stock analysis

What does Meritz Fire & Marine Insurance Co do? Meritz Fire & Marine Insurance Co Ltd is an insurance company based in Seoul, South Korea. It was founded in 1952 as Tongyang Fire & Marine Insurance Co. and has been part of the Meritz Financial Group since 2011. The company offers a wide range of insurance products in personal, property, and liability insurance, focusing on individualized solutions for its customers. Its goal is to provide the best possible insurance solutions to protect customers from unforeseen risks and damages, serving both business and individual customers. The company has a long history in the Korean insurance market and offers various insurance products in different sectors such as property insurance (covering fire, burglary, theft, and transportation), personal insurance (covering accidents, illnesses, life, pensions, and liability), and liability insurance (providing protection against third-party claims for personal, property, or financial damages). Meritz Fire & Marine Insurance Co Ltd prioritizes customer-oriented service and tailored solutions for specific customer needs. In conclusion, Meritz Fire & Marine Insurance Co Ltd is a trusted insurance partner in South Korea, offering a wide range of insurance products and services. Meritz Fire & Marine Insurance Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Meritz Fire & Marine Insurance Co stock

Interest Coverage Ratio of Meritz Fire & Marine Insurance Co is 2.14 in 2021.

Interest Coverage Ratio of Meritz Fire & Marine Insurance Co changed from 27.11 to 2.14, representing a -92.12% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Meritz Fire & Marine Insurance Co since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Meritz Fire & Marine Insurance Co with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

Leverage — Meritz Fire & Marine Insurance Co

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