LG Energy Solution Balance Sheet Health
Financial Health criteria checks 4/6
LG Energy Solution has a total shareholder equity of ₩28,497.6B and total debt of ₩16,569.2B, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are ₩56,627.1B and ₩28,129.5B respectively. LG Energy Solution's EBIT is ₩463.2B making its interest coverage ratio 1.7. It has cash and short-term investments of ₩5,476.5B.
Key information
58.1%
Debt to equity ratio
₩16.57t
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₩5.48t |
| Equity | ₩28.50t |
| Total liabilities | ₩28.13t |
| Total assets | ₩56.63t |
Recent financial health updates
We Think LG Energy Solution (KRX:373220) Is Taking Some Risk With Its Debt
Oct 07
Is LG Energy Solution (KRX:373220) A Risky Investment?
Apr 01Recent updates
We Think LG Energy Solution (KRX:373220) Is Taking Some Risk With Its Debt
Oct 07Returns On Capital Are Showing Encouraging Signs At LG Energy Solution (KRX:373220)
Aug 16Calculating The Intrinsic Value Of LG Energy Solution, Ltd. (KRX:373220)
Jul 11Should You Investigate LG Energy Solution, Ltd. (KRX:373220) At ₩360,000?
May 29Returns On Capital Are Showing Encouraging Signs At LG Energy Solution (KRX:373220)
Apr 19Is 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 (₩18,137.9B) exceed its short term liabilities (₩12,375.7B).
Long Term Liabilities: A373220's short term assets (₩18,137.9B) exceed its long term liabilities (₩15,753.8B).
Debt to Equity History and Analysis
Debt Level: A373220's net debt to equity ratio (38.9%) 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 (27.8%).
Interest Coverage: A373220's interest payments on its debt are not well covered by EBIT (1.7x coverage).