LG Electronics Balance Sheet Health
Financial Health criteria checks 4/6
LG Electronics has a total shareholder equity of ₩24,459.4B and total debt of ₩17,566.8B, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are ₩61,366.1B and ₩36,906.7B respectively. LG Electronics's EBIT is ₩3,387.1B making its interest coverage ratio 34.9. It has cash and short-term investments of ₩7,719.9B.
Key information
71.8%
Debt to equity ratio
₩17.57t
Debt
Interest coverage ratio | 34.9x |
Cash | ₩7.72t |
Equity | ₩24.46t |
Total liabilities | ₩36.91t |
Total assets | ₩61.37t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 39IB's short term assets (₩31,065.0B) exceed its short term liabilities (₩24,083.6B).
Long Term Liabilities: 39IB's short term assets (₩31,065.0B) exceed its long term liabilities (₩12,823.1B).
Debt to Equity History and Analysis
Debt Level: 39IB's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: 39IB's debt to equity ratio has increased from 65.3% to 71.8% over the past 5 years.
Debt Coverage: 39IB's debt is well covered by operating cash flow (27.1%).
Interest Coverage: 39IB's interest payments on its debt are well covered by EBIT (34.9x coverage).