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LG Energy Solution (XKRX:373220) Capex-to-Operating-Income : 8.70 (As of Dec. 2023)


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What is LG Energy Solution Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

LG Energy Solution's Capital Expenditure for the three months ended in Dec. 2023 was ₩-2,943,976.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₩338,220.00 Mil.

Hence, LG Energy Solution's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 8.70.


LG Energy Solution Capex-to-Operating-Income Historical Data

The historical data trend for LG Energy Solution's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LG Energy Solution Capex-to-Operating-Income Chart

LG Energy Solution Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
- 4.58 5.19 4.63

LG Energy Solution Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.64 3.40 4.61 3.84 8.70

Competitive Comparison of LG Energy Solution's Capex-to-Operating-Income

For the Specialty Industrial Machinery subindustry, LG Energy Solution's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LG Energy Solution's Capex-to-Operating-Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LG Energy Solution's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where LG Energy Solution's Capex-to-Operating-Income falls into.



LG Energy Solution Capex-to-Operating-Income Calculation

LG Energy Solution's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-10025317) / 2163234
=4.63

LG Energy Solution's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-2943976) / 338220
=8.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LG Energy Solution  (XKRX:373220) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


LG Energy Solution Capex-to-Operating-Income Related Terms

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LG Energy Solution (XKRX:373220) Business Description

Traded in Other Exchanges
N/A
Address
Yeongdeungpo-gu, Yeoui-daero, Seoul, KOR
LG Energy Solution, or LGES, is the third-largest battery maker for electric vehicles, or EVs, with about 14% global share in the first half of 2023, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for close to 60% of total revenue in 2022. Besides EV batteries, LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem's battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai Motors and Stellantis.

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