LG Balance Sheet Health
Financial Health criteria checks 6/6
LG has a total shareholder equity of ₩27,613.1B and total debt of ₩553.0B, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₩30,608.4B and ₩2,995.3B respectively. LG's EBIT is ₩1,326.0B making its interest coverage ratio -16.5. It has cash and short-term investments of ₩2,804.1B.
Key information
2.0%
Debt to equity ratio
₩552.97b
Debt
| Interest coverage ratio | -16.5x |
| Cash | ₩2.80t |
| Equity | ₩27.61t |
| Total liabilities | ₩3.00t |
| Total assets | ₩30.61t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A003555's short term assets (₩4,793.8B) exceed its short term liabilities (₩1,764.0B).
Long Term Liabilities: A003555's short term assets (₩4,793.8B) exceed its long term liabilities (₩1,231.3B).
Debt to Equity History and Analysis
Debt Level: A003555 has more cash than its total debt.
Reducing Debt: A003555's debt to equity ratio has reduced from 6.9% to 2% over the past 5 years.
Debt Coverage: A003555's debt is well covered by operating cash flow (233.2%).
Interest Coverage: A003555 earns more interest than it pays, so coverage of interest payments is not a concern.