LG Balance Sheet Health
Financial Health criteria checks 6/6
LG has a total shareholder equity of ₩27,529.4B and total debt of ₩556.4B, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₩30,560.1B and ₩3,030.6B respectively. LG's EBIT is ₩1,358.9B making its interest coverage ratio -16.8. It has cash and short-term investments of ₩2,476.2B.
Key information
2.0%
Debt to equity ratio
₩556.43b
Debt
| Interest coverage ratio | -16.8x |
| Cash | ₩2.48t |
| Equity | ₩27.53t |
| Total liabilities | ₩3.03t |
| Total assets | ₩30.56t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A003555's short term assets (₩4,555.3B) exceed its short term liabilities (₩1,793.2B).
Long Term Liabilities: A003555's short term assets (₩4,555.3B) exceed its long term liabilities (₩1,237.4B).
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 7.3% to 2% over the past 5 years.
Debt Coverage: A003555's debt is well covered by operating cash flow (169.1%).
Interest Coverage: A003555 earns more interest than it pays, so coverage of interest payments is not a concern.