Institutional Sign In

Go

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 6,646 bil and accounted for 38.1% of equity at the end of 3Q2019. The ratio is down 3.78 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 58.6% in 1Q2015 and a low of 31.2% in 3Q2012 between 4Q2009 and 3Q2019. The average for the last five years was 43.9%.

Net debt to EBITDA was calculated at 1.51x at the end of the quarter. That is up from 1.91x seen in 2014-09-30. The ratio reached a high of 12.0x in 2Q2011 and a low of 1.41x in 2Q2018.

The company’s cost of funding amounted to 2.40% in 3Q2019, down which is above the 5-year of 3.22%. Funding costs have “eaten” some 8.32% 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.