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
These 4 Measures Indicate That United Microelectronics (TWSE:2303) Is Using Debt Reasonably Well
Jul 25
We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt
Mar 22Recent updates
United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue
Dec 03Is United Microelectronics Corporation (TWSE:2303) Potentially Undervalued?
Nov 18United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
Nov 01Little Excitement Around United Microelectronics Corporation's (TWSE:2303) Earnings
Oct 22United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 80% Above Its Share Price
Aug 29Why United Microelectronics Corporation (TWSE:2303) Could Be Worth Watching
Aug 16United Microelectronics Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 02These 4 Measures Indicate That United Microelectronics (TWSE:2303) Is Using Debt Reasonably Well
Jul 25United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue
Jul 11United Microelectronics (TWSE:2303) Is Reducing Its Dividend To NT$3
Jun 14The Market Doesn't Like What It Sees From United Microelectronics Corporation's (TWSE:2303) Earnings Yet
May 23What Is United Microelectronics Corporation's (TWSE:2303) Share Price Doing?
May 10United Microelectronics Corporation (TWSE:2303) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 27United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 19% Below Its Share Price
Apr 22We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt
Mar 22Financial 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
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
United Microelectronics Corporation is covered by 49 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tayla-Blair Botha | Arete Research Services LLP |
| Brett Simpson | Arete Research Services LLP |
| Andrew Lu | Barclays |