LG Innotek Co (XKRX:011070) Cash And Cash Equivalents : ₩870,110 Mil (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is LG Innotek Co Cash And Cash Equivalents?

LG Innotek Co's quarterly cash and cash equivalents increased from Sep. 2023 (₩828,869.37 Mil) to Dec. 2023 (₩1,389,646.34 Mil) but then stayed the same from Dec. 2023 (₩1,389,646.34 Mil) to Mar. 2024 (₩870,110.06 Mil).

LG Innotek Co's annual cash and cash equivalents increased from Dec. 2021 (₩565,874.46 Mil) to Dec. 2022 (₩577,908.21 Mil) and increased from Dec. 2022 (₩577,908.21 Mil) to Dec. 2023 (₩1,389,646.34 Mil).

LG Innotek Co Cash And Cash Equivalents Historical Data

The historical data trend for LG Innotek Co's Cash And Cash Equivalents 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 Innotek Co Cash And Cash Equivalents Chart

LG Innotek Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

799,575.28

694,606.99

565,874.46

577,908.21

1,389,646.34

LG Innotek Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															649,498.14	901,495.41	828,869.37	1,389,646.34	870,110.06

LG Innotek Co Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

LG Innotek Co (XKRX:011070) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

LG Innotek Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of LG Innotek Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

LG Innotek Co (XKRX:011070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Innotek Co Ltd (XKRX:011070) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

30, Magokjungang, E1/E3, 10-ro, Gangseo-gu, Seoul, KOR, 07796

Website

http://www.lginnotek.com

LG Innotek Co Ltd is a Korea-based company engaged in the manufacturing of materials and components that focuses on mobile, automotive, LED, display, semiconductor and IoT business fields with its core technologies. The company offers mobile products, including camera modules, wireless power chargers, and optical biosensor modules; and automotive products, such as motors and sensors, connectivity, thermoelectric modules, and LED lighting products. It also provides display products, which include photomasks, power modules, digital tuners, and touch panels; semiconductor products consisting of flip chip scale packages, chip on films, wireless modems, routers, and electronic shelf labels.

LG Innotek Co (XKRX:011070) Headlines

No Headlines