UMC Electronics Balance Sheet Health
Financial Health criteria checks 4/6
UMC Electronics has a total shareholder equity of ¥17.8B and total debt of ¥35.4B, which brings its debt-to-equity ratio to 199%. Its total assets and total liabilities are ¥80.6B and ¥62.8B respectively. UMC Electronics's EBIT is ¥1.7B making its interest coverage ratio 2. It has cash and short-term investments of ¥12.1B.
Key information
199.0%
Debt to equity ratio
JP¥35.44b
Debt
Interest coverage ratio | 2x |
Cash | JP¥12.11b |
Equity | JP¥17.80b |
Total liabilities | JP¥62.76b |
Total assets | JP¥80.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UM3's short term assets (¥53.1B) exceed its short term liabilities (¥48.7B).
Long Term Liabilities: UM3's short term assets (¥53.1B) exceed its long term liabilities (¥14.1B).
Debt to Equity History and Analysis
Debt Level: UM3's net debt to equity ratio (131%) is considered high.
Reducing Debt: UM3's debt to equity ratio has increased from 147.4% to 199% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable UM3 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: UM3 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.5% per year.