United Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
United Microelectronics has a total shareholder equity of NT$368.5B and total debt of NT$89.0B, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are NT$574.3B and NT$205.8B respectively. United Microelectronics's EBIT is NT$52.0B making its interest coverage ratio -20.1. It has cash and short-term investments of NT$114.4B.
Key information
24.1%
Debt to equity ratio
NT$88.99b
Debt
| Interest coverage ratio | -20.1x |
| Cash | NT$114.43b |
| Equity | NT$368.49b |
| Total liabilities | NT$205.80b |
| Total assets | NT$574.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UMC N's short term assets (NT$193.6B) exceed its short term liabilities (NT$88.3B).
Long Term Liabilities: UMC N's short term assets (NT$193.6B) exceed its long term liabilities (NT$117.5B).
Debt to Equity History and Analysis
Debt Level: UMC N has more cash than its total debt.
Reducing Debt: UMC N's debt to equity ratio has reduced from 46.5% to 24.1% over the past 5 years.
Debt Coverage: UMC N's debt is well covered by operating cash flow (97.9%).
Interest Coverage: UMC N earns more interest than it pays, so coverage of interest payments is not a concern.