LG Innotek Balance Sheet Health
Financial Health criteria checks 5/6
LG Innotek has a total shareholder equity of ₩4,986.2B and total debt of ₩3,011.7B, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are ₩11,842.7B and ₩6,856.5B respectively. LG Innotek's EBIT is ₩941.8B making its interest coverage ratio 12.7. It has cash and short-term investments of ₩821.0B.
Key information
60.4%
Debt to equity ratio
₩3.01t
Debt
| Interest coverage ratio | 12.7x |
| Cash | ₩821.04b |
| Equity | ₩4.99t |
| Total liabilities | ₩6.86t |
| Total assets | ₩11.84t |
Recent financial health updates
Is LG Innotek (KRX:011070) Using Too Much Debt?
Aug 22
Here's Why LG Innotek (KRX:011070) Has A Meaningful Debt Burden
May 02LG Innotek (KRX:011070) Has A Pretty Healthy Balance Sheet
Feb 06
Recent updates
Estimating The Fair Value Of LG Innotek Co., Ltd. (KRX:011070)
Oct 10There's Been No Shortage Of Growth Recently For LG Innotek's (KRX:011070) Returns On Capital
Sep 25LG Innotek Co., Ltd.'s (KRX:011070) Earnings Are Not Doing Enough For Some Investors
Sep 06Is LG Innotek (KRX:011070) Using Too Much Debt?
Aug 22LG Innotek Co., Ltd.'s (KRX:011070) Intrinsic Value Is Potentially 24% Below Its Share Price
Jul 05Returns On Capital Are Showing Encouraging Signs At LG Innotek (KRX:011070)
Jun 20Is There Now An Opportunity In LG Innotek Co., Ltd. (KRX:011070)?
Jun 03LG Innotek Co., Ltd.'s (KRX:011070) Price Is Right But Growth Is Lacking After Shares Rocket 30%
May 21Here's Why LG Innotek (KRX:011070) Has A Meaningful Debt Burden
May 02Here's What To Make Of LG Innotek's (KRX:011070) Decelerating Rates Of Return
Mar 01Returns On Capital - An Important Metric For LG Innotek (KRX:011070)
Mar 16Is There An Opportunity With LG Innotek Co., Ltd.'s (KRX:011070) 40% Undervaluation?
Feb 19LG Innotek (KRX:011070) Has A Pretty Healthy Balance Sheet
Feb 06What You Need To Know About LG Innotek Co., Ltd.'s (KRX:011070) Investor Composition
Jan 24Do Its Financials Have Any Role To Play In Driving LG Innotek Co., Ltd.'s (KRX:011070) Stock Up Recently?
Jan 11Did You Miss LG Innotek's (KRX:011070) 88% Share Price Gain?
Dec 29Does LG Innotek (KRX:011070) Have The Makings Of A Multi-Bagger?
Dec 16Does LG Innotek's (KRX:011070) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 03Is There An Opportunity With LG Innotek Co., Ltd.'s (KRX:011070) 44% Undervaluation?
Nov 20Financial Position Analysis
Short Term Liabilities: A011070's short term assets (₩6,360.0B) exceed its short term liabilities (₩4,497.6B).
Long Term Liabilities: A011070's short term assets (₩6,360.0B) exceed its long term liabilities (₩2,359.0B).
Debt to Equity History and Analysis
Debt Level: A011070's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: A011070's debt to equity ratio has reduced from 90.9% to 60.4% over the past 5 years.
Debt Coverage: A011070's debt is well covered by operating cash flow (38.6%).
Interest Coverage: A011070's interest payments on its debt are well covered by EBIT (12.7x coverage).