United Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
United Microelectronics has a total shareholder equity of NT$378.2B and total debt of NT$69.0B, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are NT$567.1B and NT$188.8B respectively. United Microelectronics's EBIT is NT$54.8B making its interest coverage ratio -17.4. It has cash and short-term investments of NT$132.2B.
Key information
18.3%
Debt to equity ratio
NT$69.05b
Debt
| Interest coverage ratio | -17.4x |
| Cash | NT$132.20b |
| Equity | NT$378.23b |
| Total liabilities | NT$188.84b |
| Total assets | NT$567.07b |
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
These 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$205.2B) exceed its short term liabilities (NT$88.4B).
Long Term Liabilities: 2303's short term assets (NT$205.2B) exceed its long term liabilities (NT$100.4B).
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 42.1% to 18.3% over the past 5 years.
Debt Coverage: 2303's debt is well covered by operating cash flow (115.7%).
Interest Coverage: 2303 earns more interest than it pays, so coverage of interest payments is not a concern.