LG Electronics Inc.

KOSE:A066570 Stock Report

Market Cap: ₩14.9t

LG Electronics Balance Sheet Health

Financial Health criteria checks 6/6

LG Electronics has a total shareholder equity of ₩24,419.3B and total debt of ₩14,190.7B, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are ₩64,321.9B and ₩39,902.6B respectively. LG Electronics's EBIT is ₩3,492.6B making its interest coverage ratio 33.6. It has cash and short-term investments of ₩7,738.0B.

Key information

58.1%

Debt to equity ratio

₩14.19t

Debt

Interest coverage ratio33.6x
Cash₩7.74t
Equity₩24.42t
Total liabilities₩39.90t
Total assets₩64.32t

Recent financial health updates

Here's Why LG Electronics (KRX:066570) Has A Meaningful Debt Burden

Sep 21
Here's Why LG Electronics (KRX:066570) Has A Meaningful Debt Burden

We Think LG Electronics (KRX:066570) Is Taking Some Risk With Its Debt

May 06
We Think LG Electronics (KRX:066570) Is Taking Some Risk With Its Debt

Recent updates

Slowing Rates Of Return At LG Electronics (KRX:066570) Leave Little Room For Excitement

Nov 25
Slowing Rates Of Return At LG Electronics (KRX:066570) Leave Little Room For Excitement

What You Can Learn From LG Electronics Inc.'s (KRX:066570) P/E

Nov 07
What You Can Learn From LG Electronics Inc.'s (KRX:066570) P/E

Is Now An Opportune Moment To Examine LG Electronics Inc. (KRX:066570)?

Oct 23
Is Now An Opportune Moment To Examine LG Electronics Inc. (KRX:066570)?

Here's Why LG Electronics (KRX:066570) Has A Meaningful Debt Burden

Sep 21
Here's Why LG Electronics (KRX:066570) Has A Meaningful Debt Burden

There's Been No Shortage Of Growth Recently For LG Electronics' (KRX:066570) Returns On Capital

Aug 01
There's Been No Shortage Of Growth Recently For LG Electronics' (KRX:066570) Returns On Capital

When Should You Buy LG Electronics Inc. (KRX:066570)?

Jul 17
When Should You Buy LG Electronics Inc. (KRX:066570)?

Market Participants Recognise LG Electronics Inc.'s (KRX:066570) Earnings

Jun 18
Market Participants Recognise LG Electronics Inc.'s (KRX:066570) Earnings

We Think LG Electronics (KRX:066570) Is Taking Some Risk With Its Debt

May 06
We Think LG Electronics (KRX:066570) Is Taking Some Risk With Its Debt

Is LG Electronics Inc. (KRX:066570) Trading At A 39% Discount?

Apr 03
Is LG Electronics Inc. (KRX:066570) Trading At A 39% Discount?

LG Electronics Inc. (KRX:066570) Not Lagging Market On Growth Or Pricing

Mar 18
LG Electronics Inc. (KRX:066570) Not Lagging Market On Growth Or Pricing

Financial Position Analysis

Short Term Liabilities: A066570's short term assets (₩34,517.5B) exceed its short term liabilities (₩26,768.9B).

Long Term Liabilities: A066570's short term assets (₩34,517.5B) exceed its long term liabilities (₩13,133.7B).

Debt to Equity History and Analysis

Debt Level: A066570's net debt to equity ratio (26.4%) is considered satisfactory.

Reducing Debt: A066570's debt to equity ratio has reduced from 62.6% to 58.1% over the past 5 years.

Debt Coverage: A066570's debt is well covered by operating cash flow (25.9%).

Interest Coverage: A066570's interest payments on its debt are well covered by EBIT (33.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 07:43
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

LG Electronics Inc. is covered by 53 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nam Hyung KimArete Research Services LLP
Seung-Chul BaeBarclays
Peter YuBNP Paribas Securities (Asia)