Himax Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Himax Technologies has a total shareholder equity of $872.3M and total debt of $539.7M, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are $1.6B and $755.6M respectively. Himax Technologies's EBIT is $61.8M making its interest coverage ratio -11. It has cash and short-term investments of $206.5M.
Key information
61.9%
Debt to equity ratio
US$539.70m
Debt
| Interest coverage ratio | -11x |
| Cash | US$206.47m |
| Equity | US$872.34m |
| Total liabilities | US$755.64m |
| Total assets | US$1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H6Q's short term assets ($1.2B) exceed its short term liabilities ($713.8M).
Long Term Liabilities: H6Q's short term assets ($1.2B) exceed its long term liabilities ($41.9M).
Debt to Equity History and Analysis
Debt Level: H6Q's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: H6Q's debt to equity ratio has increased from 59.2% to 61.9% over the past 5 years.
Debt Coverage: H6Q's debt is well covered by operating cash flow (27.7%).
Interest Coverage: H6Q earns more interest than it pays, so coverage of interest payments is not a concern.