LG Innotek Balance Sheet Health
Financial Health criteria checks 6/6
LG Innotek has a total shareholder equity of ₩4,714.6B and total debt of ₩2,737.7B, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are ₩11,204.3B and ₩6,489.7B respectively. LG Innotek's EBIT is ₩830.8B making its interest coverage ratio 12.3. It has cash and short-term investments of ₩1,390.3B.
Key information
58.1%
Debt to equity ratio
₩2.74t
Debt
| Interest coverage ratio | 12.3x |
| Cash | ₩1.39t |
| Equity | ₩4.71t |
| Total liabilities | ₩6.49t |
| Total assets | ₩11.20t |
Recent financial health updates
Recent updates
Here's What To Make Of LG Innotek's (KRX:011070) Decelerating Rates Of Return
Mar 01
Returns 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 19
LG 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 (₩5,349.0B) exceed its short term liabilities (₩4,219.1B).
Long Term Liabilities: A011070's short term assets (₩5,349.0B) exceed its long term liabilities (₩2,270.6B).
Debt to Equity History and Analysis
Debt Level: A011070's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: A011070's debt to equity ratio has reduced from 100.4% to 58.1% over the past 5 years.
Debt Coverage: A011070's debt is well covered by operating cash flow (76.9%).
Interest Coverage: A011070's interest payments on its debt are well covered by EBIT (12.3x coverage).