LPL (LG Display Co) Debt-to-Equity : 2.13 (As of Jun. 2024)

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What is LG Display Co Debt-to-Equity?

LG Display Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $4,336 Mil. LG Display Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $7,428 Mil. LG Display Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $5,535 Mil. LG Display Co's debt to equity for the quarter that ended in Jun. 2024 was 2.13.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for LG Display Co's Debt-to-Equity or its related term are showing as below:

LPL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.91 Max: 2.4
Current: 2.13

During the past 13 years, the highest Debt-to-Equity Ratio of LG Display Co was 2.40. The lowest was 0.34. And the median was 0.91.

LPL's Debt-to-Equity is ranked worse than
95.97% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs LPL: 2.13

LG Display Co Debt-to-Equity Historical Data

The historical data trend for LG Display Co's Debt-to-Equity 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 Display Co Debt-to-Equity Chart

LG Display Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.20

1.24

0.97

1.53

2.30

LG Display Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															2.40	2.30	2.15	2.13	2.13

Competitive Comparison of LG Display Co's Debt-to-Equity

For the Consumer Electronics subindustry, LG Display Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Display Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LG Display Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where LG Display Co's Debt-to-Equity falls into.

LG Display Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LG Display Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4008.534	+	8719.588)	/	5544.474
	=	2.30

LG Display Co's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4335.879	+	7427.985)	/	5534.884
	=	2.13

LG Display Co (NYSE:LPL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

LG Display Co Debt-to-Equity Related Terms

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LG Display Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Display Co Ltd (NYSE:LPL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

034220:Korea LGA:Germany LGA:Austria

Address

LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336

Website

https://www.lgdisplay.com

LG Display Co Ltd is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.