LG Chem Balance Sheet Health
Financial Health criteria checks 3/6
LG Chem has a total shareholder equity of ₩45,617.2B and total debt of ₩27,422.6B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are ₩88,794.9B and ₩43,177.7B respectively. LG Chem's EBIT is ₩740.3B making its interest coverage ratio 1.5. It has cash and short-term investments of ₩8,839.8B.
Key information
60.1%
Debt to equity ratio
₩27.42t
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₩8.84t |
| Equity | ₩45.62t |
| Total liabilities | ₩43.18t |
| Total assets | ₩88.79t |
Recent financial health updates
Is LG Chem (KRX:051910) Using Too Much Debt?
Oct 18
Does LG Chem (KRX:051910) Have A Healthy Balance Sheet?
Jun 21We Think LG Chem (KRX:051910) Is Taking Some Risk With Its Debt
Mar 16Recent updates
Potential Upside For LG Chem, Ltd. (KRX:051910) Not Without Risk
Nov 29Is LG Chem (KRX:051910) Using Too Much Debt?
Oct 18LG Chem (KRX:051910) Is Reinvesting At Lower Rates Of Return
Sep 26Getting In Cheap On LG Chem, Ltd. (KRX:051910) Might Be Difficult
Aug 16Does LG Chem (KRX:051910) Have A Healthy Balance Sheet?
Jun 21Capital Allocation Trends At LG Chem (KRX:051910) Aren't Ideal
May 21LG Chem's (KRX:051910) Soft Earnings Are Actually Better Than They Appear
May 21Why Investors Shouldn't Be Surprised By LG Chem, Ltd.'s (KRX:051910) P/E
May 02Why LG Chem, Ltd. (KRX:051910) Could Be Worth Watching
Apr 17We Think LG Chem (KRX:051910) Is Taking Some Risk With Its Debt
Mar 16Financial Position Analysis
Short Term Liabilities: A051910's short term assets (₩29,585.9B) exceed its short term liabilities (₩19,989.8B).
Long Term Liabilities: A051910's short term assets (₩29,585.9B) exceed its long term liabilities (₩23,187.9B).
Debt to Equity History and Analysis
Debt Level: A051910's net debt to equity ratio (40.7%) is considered high.
Reducing Debt: A051910's debt to equity ratio has increased from 50.4% to 60.1% over the past 5 years.
Debt Coverage: A051910's debt is well covered by operating cash flow (22.6%).
Interest Coverage: A051910's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 23:39 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 Chem, Ltd. is covered by 53 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kyunghee Chung | Barclays |
| Yong Liang Por | BNP Paribas Securities (Asia) |
| Joon-Ho Lee | BofA Global Research |