LG Chem Balance Sheet Health
Financial Health criteria checks 5/6
LG Chem has a total shareholder equity of ₩40,938.2B and total debt of ₩21,436.2B, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are ₩77,466.7B and ₩36,528.5B respectively. LG Chem's EBIT is ₩2,529.2B making its interest coverage ratio 8.3. It has cash and short-term investments of ₩9,142.0B.
Key information
52.4%
Debt to equity ratio
₩21.44t
Debt
Interest coverage ratio | 8.3x |
Cash | ₩9.14t |
Equity | ₩40.94t |
Total liabilities | ₩36.53t |
Total assets | ₩77.47t |
Recent financial health updates
We Think LG Chem (KRX:051910) Is Taking Some Risk With Its Debt
Mar 16Is LG Chem (KRX:051910) A Risky Investment?
Apr 19Recent updates
Why 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 16At ₩920,000, Is It Time To Put LG Chem, Ltd. (KRX:051910) On Your Watch List?
May 04Is LG Chem (KRX:051910) A Risky Investment?
Apr 19Is LG Chem, Ltd. (KRX:051910) At Risk Of Cutting Its Dividend?
Apr 06The LG Chem (KRX:051910) Share Price Has Gained 205%, So Why Not Pay It Some Attention?
Mar 19Are LG Chem, Ltd.'s (KRX:051910) Mixed Financials Driving The Negative Sentiment?
Mar 01What Is The Ownership Structure Like For LG Chem, Ltd. (KRX:051910)?
Feb 08Are LG Chem's (KRX:051910) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 04The LG Chem (KRX:051910) Share Price Is Up 169% And Shareholders Are Boasting About It
Dec 17Is Now The Time To Look At Buying LG Chem, Ltd. (KRX:051910)?
Nov 29Financial Position Analysis
Short Term Liabilities: A051910's short term assets (₩28,859.3B) exceed its short term liabilities (₩18,390.8B).
Long Term Liabilities: A051910's short term assets (₩28,859.3B) exceed its long term liabilities (₩18,137.7B).
Debt to Equity History and Analysis
Debt Level: A051910's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: A051910's debt to equity ratio has increased from 30.6% to 52.4% over the past 5 years.
Debt Coverage: A051910's debt is well covered by operating cash flow (35.2%).
Interest Coverage: A051910's interest payments on its debt are well covered by EBIT (8.3x coverage).