LG Innotek Balance Sheet Health
Financial Health criteria checks 5/6
LG Innotek has a total shareholder equity of ₩4,848.1B and total debt of ₩2,978.5B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are ₩10,953.2B and ₩6,105.1B respectively. LG Innotek's EBIT is ₩861.5B making its interest coverage ratio 11.9. It has cash and short-term investments of ₩870.7B.
Key information
61.4%
Debt to equity ratio
₩2.98t
Debt
| Interest coverage ratio | 11.9x |
| Cash | ₩870.74b |
| Equity | ₩4.85t |
| Total liabilities | ₩6.11t |
| Total assets | ₩10.95t |
Recent financial health updates
Here's Why LG Innotek (KRX:011070) Has A Meaningful Debt Burden
May 02
LG Innotek (KRX:011070) Has A Pretty Healthy Balance Sheet
Feb 06
Recent updates
LG 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 (₩5,165.2B) exceed its short term liabilities (₩3,729.5B).
Long Term Liabilities: A011070's short term assets (₩5,165.2B) exceed its long term liabilities (₩2,375.6B).
Debt to Equity History and Analysis
Debt Level: A011070's net debt to equity ratio (43.5%) is considered high.
Reducing Debt: A011070's debt to equity ratio has reduced from 101.4% to 61.4% over the past 5 years.
Debt Coverage: A011070's debt is well covered by operating cash flow (55%).
Interest Coverage: A011070's interest payments on its debt are well covered by EBIT (11.9x coverage).