LG Chem Balance Sheet Health
Financial Health criteria checks 5/6
LG Chem has a total shareholder equity of ₩44,264.1B and total debt of ₩24,224.7B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are ₩84,187.7B and ₩39,923.6B respectively. LG Chem's EBIT is ₩1,352.8B making its interest coverage ratio 3.3. It has cash and short-term investments of ₩7,173.9B.
Key information
54.7%
Debt to equity ratio
₩24.22t
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₩7.17t |
| Equity | ₩44.26t |
| Total liabilities | ₩39.92t |
| Total assets | ₩84.19t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A051915's short term assets (₩28,455.4B) exceed its short term liabilities (₩19,606.7B).
Long Term Liabilities: A051915's short term assets (₩28,455.4B) exceed its long term liabilities (₩20,316.8B).
Debt to Equity History and Analysis
Debt Level: A051915's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: A051915's debt to equity ratio has increased from 48.4% to 54.7% over the past 5 years.
Debt Coverage: A051915's debt is well covered by operating cash flow (28.9%).
Interest Coverage: A051915's interest payments on its debt are well covered by EBIT (3.3x coverage).