LG Innotek Balance Sheet Health
Financial Health criteria checks 6/6
LG Innotek has a total shareholder equity of ₩4,974.6B and total debt of ₩3,014.7B, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are ₩10,490.3B and ₩5,515.7B respectively. LG Innotek's EBIT is ₩994.8B making its interest coverage ratio 13.4. It has cash and short-term investments of ₩1,167.4B.
Key information
60.6%
Debt to equity ratio
₩3.01t
Debt
| Interest coverage ratio | 13.4x |
| Cash | ₩1.17t |
| Equity | ₩4.97t |
| Total liabilities | ₩5.52t |
| Total assets | ₩10.49t |
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
LG 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 (₩4,833.4B) exceed its short term liabilities (₩3,049.5B).
Long Term Liabilities: A011070's short term assets (₩4,833.4B) exceed its long term liabilities (₩2,466.2B).
Debt to Equity History and Analysis
Debt Level: A011070's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: A011070's debt to equity ratio has reduced from 98% to 60.6% over the past 5 years.
Debt Coverage: A011070's debt is well covered by operating cash flow (57.8%).
Interest Coverage: A011070's interest payments on its debt are well covered by EBIT (13.4x coverage).