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LG Electronics - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Telcos & Hi-Tech | South Korea | April 2, 2020
$2.99
Excel Sheet

LG Electronics's net debt stood at KRW 6,631 bil and accounted for 0.407% of equity at the end of 2018. The ratio is down 0.009 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 2.44% in 2000 and a low of 0.348% in 2009 between 2000 and 2018. The average for the last five years was 0.447%.

Net debt to EBITDA was calculated at 1.55x at the end of the year. That is up from 2.32x seen in 2013. The ratio reached a high of 6.00x in 2000 and a low of 0.904x in 2008.

The company’s cost of funding amounted to 2.94% in 2018, down which is above the 5-year of 3.45%. Funding costs have “eaten” some 11% of the operating profit generated in 2019.

You can see all the company’s data at LG Electronics profile, or you can download a report on the company in the report section.