United Microelectronics Corporation

TWSE:2303 Stock Report

Market Cap: NT$562.5b

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
CashNT$114.43b
EquityNT$368.49b
Total liabilitiesNT$205.80b
Total assetsNT$574.29b

Recent financial health updates

Recent updates

Is United Microelectronics Corporation (TWSE:2303) Potentially Undervalued?

Nov 18
Is United Microelectronics Corporation (TWSE:2303) Potentially Undervalued?

United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Nov 01
United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Little Excitement Around United Microelectronics Corporation's (TWSE:2303) Earnings

Oct 22
Little Excitement Around United Microelectronics Corporation's (TWSE:2303) Earnings

United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 80% Above Its Share Price

Aug 29
United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 80% Above Its Share Price

Why United Microelectronics Corporation (TWSE:2303) Could Be Worth Watching

Aug 16
Why United Microelectronics Corporation (TWSE:2303) Could Be Worth Watching

United Microelectronics Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aug 02
United Microelectronics Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

These 4 Measures Indicate That United Microelectronics (TWSE:2303) Is Using Debt Reasonably Well

Jul 25
These 4 Measures Indicate That United Microelectronics (TWSE:2303) Is Using Debt Reasonably Well

United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

Jul 11
United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

United Microelectronics (TWSE:2303) Is Reducing Its Dividend To NT$3

Jun 14
United Microelectronics (TWSE:2303) Is Reducing Its Dividend To NT$3

The Market Doesn't Like What It Sees From United Microelectronics Corporation's (TWSE:2303) Earnings Yet

May 23
The Market Doesn't Like What It Sees From United Microelectronics Corporation's (TWSE:2303) Earnings Yet

What Is United Microelectronics Corporation's (TWSE:2303) Share Price Doing?

May 10
What Is United Microelectronics Corporation's (TWSE:2303) Share Price Doing?

United Microelectronics Corporation (TWSE:2303) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Apr 27
United Microelectronics Corporation (TWSE:2303) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 19% Below Its Share Price

Apr 22
United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 19% Below Its Share Price

We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt

Mar 22
We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt

Should You Rely On United Microelectronics's (TPE:2303) Earnings Growth?

Dec 08
Should You Rely On United Microelectronics's (TPE:2303) Earnings Growth?

Financial Position Analysis

Short Term Liabilities: 2303's short term assets (NT$193.6B) exceed its short term liabilities (NT$88.3B).

Long Term Liabilities: 2303's short term assets (NT$193.6B) exceed its long term liabilities (NT$117.5B).


Debt to Equity History and Analysis

Debt Level: 2303 has more cash than its total debt.

Reducing Debt: 2303's debt to equity ratio has reduced from 46.5% to 24.1% over the past 5 years.

Debt Coverage: 2303's debt is well covered by operating cash flow (97.9%).

Interest Coverage: 2303 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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