Himax Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Himax Technologies has a total shareholder equity of $863.7M and total debt of $493.5M, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are $1.6B and $779.7M respectively. Himax Technologies's EBIT is $43.2M making its interest coverage ratio -16.2. It has cash and short-term investments of $206.4M.
Key information
57.1%
Debt to equity ratio
US$493.50m
Debt
Interest coverage ratio | -16.2x |
Cash | US$206.38m |
Equity | US$863.70m |
Total liabilities | US$779.70m |
Total assets | US$1.64b |
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 ($708.8M).
Long Term Liabilities: H6Q's short term assets ($1.2B) exceed its long term liabilities ($70.9M).
Debt to Equity History and Analysis
Debt Level: H6Q's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: H6Q's debt to equity ratio has increased from 41.6% to 57.1% over the past 5 years.
Debt Coverage: H6Q's debt is well covered by operating cash flow (31%).
Interest Coverage: H6Q earns more interest than it pays, so coverage of interest payments is not a concern.