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 ratio | 33.6x |
| 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
We Think LG Electronics (KRX:066570) Is Taking Some Risk With Its Debt
May 06Recent updates
What You Can Learn From LG Electronics Inc.'s (KRX:066570) P/E
Nov 07Is Now An Opportune Moment To Examine LG Electronics Inc. (KRX:066570)?
Oct 23Here's Why LG Electronics (KRX:066570) Has A Meaningful Debt Burden
Sep 21There's Been No Shortage Of Growth Recently For LG Electronics' (KRX:066570) Returns On Capital
Aug 01When Should You Buy LG Electronics Inc. (KRX:066570)?
Jul 17Market Participants Recognise LG Electronics Inc.'s (KRX:066570) Earnings
Jun 18We Think LG Electronics (KRX:066570) Is Taking Some Risk With Its Debt
May 06Is LG Electronics Inc. (KRX:066570) Trading At A 39% Discount?
Apr 03LG Electronics Inc. (KRX:066570) Not Lagging Market On Growth Or Pricing
Mar 18Financial 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).