LG Energy Solution Balance Sheet Health
Financial Health criteria checks 5/6
LG Energy Solution has a total shareholder equity of ₩24,373.5B and total debt of ₩10,785.9B, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are ₩45,437.1B and ₩21,063.6B respectively. LG Energy Solution's EBIT is ₩2,163.2B making its interest coverage ratio 15.7. It has cash and short-term investments of ₩5,068.8B.
Key information
44.3%
Debt to equity ratio
₩10.79t
Debt
| Interest coverage ratio | 15.7x |
| Cash | ₩5.07t |
| Equity | ₩24.37t |
| Total liabilities | ₩21.06t |
| Total assets | ₩45.44t |
Recent financial health updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At LG Energy Solution (KRX:373220)
Apr 19
Is LG Energy Solution (KRX:373220) A Risky Investment?
Apr 01LG Energy Solution (KRX:373220) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 14Is LG Energy Solution, Ltd. (KRX:373220) Trading At A 39% Discount?
Feb 29Financial Position Analysis
Short Term Liabilities: A373220's short term assets (₩17,208.4B) exceed its short term liabilities (₩10,937.2B).
Long Term Liabilities: A373220's short term assets (₩17,208.4B) exceed its long term liabilities (₩10,126.5B).
Debt to Equity History and Analysis
Debt Level: A373220's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if A373220's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: A373220's debt is well covered by operating cash flow (41.2%).
Interest Coverage: A373220's interest payments on its debt are well covered by EBIT (15.7x coverage).