LG Balance Sheet Health
Financial Health criteria checks 6/6
LG has a total shareholder equity of ₩27,016.5B and total debt of ₩551.7B, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₩30,253.1B and ₩3,236.6B respectively. LG's EBIT is ₩1,588.6B making its interest coverage ratio -19.2. It has cash and short-term investments of ₩2,706.7B.
Key information
2.0%
Debt to equity ratio
₩551.73b
Debt
Interest coverage ratio | -19.2x |
Cash | ₩2.71t |
Equity | ₩27.02t |
Total liabilities | ₩3.24t |
Total assets | ₩30.25t |
Recent financial health updates
LG (KRX:003550) Seems To Use Debt Quite Sensibly
Mar 24Does LG (KRX:003550) Have A Healthy Balance Sheet?
Apr 30These 4 Measures Indicate That LG (KRX:003550) Is Using Debt Reasonably Well
Dec 06Recent updates
LG (KRX:003550) Will Be Hoping To Turn Its Returns On Capital Around
Apr 15LG (KRX:003550) Seems To Use Debt Quite Sensibly
Mar 24Does LG (KRX:003550) Have A Healthy Balance Sheet?
Apr 30At ₩90,500, Is LG Corp. (KRX:003550) Worth Looking At Closely?
Apr 06The LG (KRX:003550) Share Price Has Gained 82% And Shareholders Are Hoping For More
Mar 21Is LG (KRX:003550) Likely To Turn Things Around?
Mar 03Key Things To Consider Before Buying LG Corp. (KRX:003550) For Its Dividend
Feb 13What Type Of Shareholders Make Up LG Corp.'s (KRX:003550) Share Registry?
Jan 31LG Corp.'s (KRX:003550) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 18LG Corp. (KRX:003550) Shares Could Be 24% Below Their Intrinsic Value Estimate
Jan 06Interested In LG's (KRX:003550) Upcoming ₩2,200 Dividend? You Have Four Days Left
Dec 24If You Had Bought LG's (KRX:003550) Shares Three Years Ago You Would Be Down 11%
Dec 19These 4 Measures Indicate That LG (KRX:003550) Is Using Debt Reasonably Well
Dec 06Here's Why We Don't Think LG's (KRX:003550) Statutory Earnings Reflect Its Underlying Earnings Potential
Nov 23Financial Position Analysis
Short Term Liabilities: A003550's short term assets (₩5,199.5B) exceed its short term liabilities (₩1,937.1B).
Long Term Liabilities: A003550's short term assets (₩5,199.5B) exceed its long term liabilities (₩1,299.5B).
Debt to Equity History and Analysis
Debt Level: A003550 has more cash than its total debt.
Reducing Debt: A003550's debt to equity ratio has reduced from 8.4% to 2% over the past 5 years.
Debt Coverage: A003550's debt is well covered by operating cash flow (160%).
Interest Coverage: A003550 earns more interest than it pays, so coverage of interest payments is not a concern.