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 22United Microelectronics (TPE:2303) Seems To Use Debt Rather Sparingly
Nov 25
Recent updates
United 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 22Should You Rely On United Microelectronics's (TPE:2303) Earnings Growth?
Dec 08United Microelectronics (TPE:2303) Seems To Use Debt Rather Sparingly
Nov 25Financial 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.