What i have studied from school 0043

(Source: Aviva’s Annual Report, Hanwa Life Vietnam’s Annual Report, Generali
Vietnam’s Annual Report and Sun Life’s Annual Report in 2017-2021)
Looking at the data of Hanwa Life Vietnam, we can see that the company had a
very high debt ratio in 2017 and 2018, even higher than Aviva at that time. However, with
effective debt management, the company shortened its debt ratio to below 0.6 in 2019
and 2020, then increased to 64.3% in 2021. Generali Vietnam's data is somewhat partial.
equivalent to Aviva Vietnam. Finally, Sun Life Vietnam has the best debt ratio in recent
years, as the company has managed to reduce their debt ratio from 73.9% to 26.1%.
In a nutshell, Aviva's debt ratio has always remained below 100%, specifically
77.0% in 2021, 61.0% in 2018, 73.0% in 2019, 78.1% in 2020, and 79.6% in 2021.
Aviva's debt ratio fell sharply in 2018 (down 16%), but Aviva's debt ratio has steadily
increased over the years 2019, 2020, 2021. This makes Aviva harder to borrow money
from outside sources than it is for companies