United Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
United Microelectronics has a total shareholder equity of NT$378.2B and total debt of NT$69.0B, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are NT$567.1B and NT$188.8B respectively. United Microelectronics's EBIT is NT$54.8B making its interest coverage ratio -17.4. It has cash and short-term investments of NT$132.2B.
Key information
18.3%
Debt to equity ratio
NT$69.05b
Debt
Interest coverage ratio | -17.4x |
Cash | NT$132.20b |
Equity | NT$378.23b |
Total liabilities | NT$188.84b |
Total assets | NT$567.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UMCB's short term assets (NT$205.2B) exceed its short term liabilities (NT$88.4B).
Long Term Liabilities: UMCB's short term assets (NT$205.2B) exceed its long term liabilities (NT$100.4B).
Debt to Equity History and Analysis
Debt Level: UMCB has more cash than its total debt.
Reducing Debt: UMCB's debt to equity ratio has reduced from 42.1% to 18.3% over the past 5 years.
Debt Coverage: UMCB's debt is well covered by operating cash flow (115.7%).
Interest Coverage: UMCB earns more interest than it pays, so coverage of interest payments is not a concern.