Himax Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Himax Technologies has a total shareholder equity of $863.7M and total debt of $493.5M, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are $1.6B and $779.7M respectively. Himax Technologies's EBIT is $43.2M making its interest coverage ratio -16.2. It has cash and short-term investments of $206.4M.
Key information
57.1%
Debt to equity ratio
US$493.50m
Debt
| Interest coverage ratio | -16.2x |
| Cash | US$206.38m |
| Equity | US$863.70m |
| Total liabilities | US$779.70m |
| Total assets | US$1.64b |
Recent financial health updates
Is Himax Technologies (NASDAQ:HIMX) Using Too Much Debt?
Jan 02
Himax Technologies (NASDAQ:HIMX) Has A Pretty Healthy Balance Sheet
Sep 27Does Himax Technologies (NASDAQ:HIMX) Have A Healthy Balance Sheet?
Nov 03We Think Himax Technologies (NASDAQ:HIMX) Can Manage Its Debt With Ease
Jul 22We Think Himax Technologies (NASDAQ:HIMX) Can Manage Its Debt With Ease
Apr 11We Think Himax Technologies (NASDAQ:HIMX) Can Manage Its Debt With Ease
Dec 08Recent updates
Himax Technologies: Even More Attractive Than Before, But Caution Is Warranted
Apr 09Why Investors Shouldn't Be Surprised By Himax Technologies, Inc.'s (NASDAQ:HIMX) Low P/S
Mar 20Himax Positioned For Jump Into AI And IoT
Mar 15Returns At Himax Technologies (NASDAQ:HIMX) Are On The Way Up
Mar 02Himax Technologies: Leading Player In Automotive Display, Notable Inventory Improvement, Initiate With 'Buy'
Feb 07Is Himax Technologies (NASDAQ:HIMX) Using Too Much Debt?
Jan 02Himax Technologies (NASDAQ:HIMX) Is Doing The Right Things To Multiply Its Share Price
Oct 24Himax Technologies (NASDAQ:HIMX) Has A Pretty Healthy Balance Sheet
Sep 27A Look At The Intrinsic Value Of Himax Technologies, Inc. (NASDAQ:HIMX)
Aug 18Himax Technologies' (NASDAQ:HIMX) Dividend Is Being Reduced To $0.47
Jun 16Returns At Himax Technologies (NASDAQ:HIMX) Are On The Way Up
May 31Estimating The Fair Value Of Himax Technologies, Inc. (NASDAQ:HIMX)
Apr 24Himax Technologies (NASDAQ:HIMX) Could Become A Multi-Bagger
Feb 18Estimating The Intrinsic Value Of Himax Technologies, Inc. (NASDAQ:HIMX)
Jan 18When Should You Buy Himax Technologies, Inc. (NASDAQ:HIMX)?
Dec 19Himax Technologies (NASDAQ:HIMX) Knows How To Allocate Capital Effectively
Nov 16Does Himax Technologies (NASDAQ:HIMX) Have A Healthy Balance Sheet?
Nov 03Is Himax Technologies, Inc. (NASDAQ:HIMX) Trading At A 44% Discount?
Oct 19Himax Is A Great Short-Term Play
Oct 08Himax Technologies: Finally, A Good Level
Sep 02Should You Investigate Himax Technologies, Inc. (NASDAQ:HIMX) At US$6.40?
Aug 29Himax Technologies, Inc. (NASDAQ:HIMX) Analysts Just Cut Their EPS Forecasts Substantially
Aug 14Himax Technologies Q2 2022 Earnings Preview
Aug 10Himax: Enticing Dividend, Beware Of Supply Chain And Country Exposure Risks
Aug 01We Think Himax Technologies (NASDAQ:HIMX) Can Manage Its Debt With Ease
Jul 22Himax stock falls as Credit Suisse cuts rating to Neutral
Jul 14Do Himax Technologies' (NASDAQ:HIMX) Earnings Warrant Your Attention?
Jun 30Himax Technologies: China Exposure And Margin Normalization Continue To Pose Risks
May 24Himax Drives Growth And Dividends With Vision Displays
Apr 26Himax Technologies: Fairly Priced Based On Normalized Gross Margin With Downside Risk
Apr 14We Think Himax Technologies (NASDAQ:HIMX) Can Manage Its Debt With Ease
Apr 11Does Himax Technologies (NASDAQ:HIMX) Deserve A Spot On Your Watchlist?
Mar 21What Does Himax Technologies, Inc.'s (NASDAQ:HIMX) Share Price Indicate?
Mar 04Himax And Its Gains From A Well Versed Portfolio
Feb 14Himax Is A Buy Despite The Risks
Jan 10We Think Himax Technologies (NASDAQ:HIMX) Can Manage Its Debt With Ease
Dec 08Financial Position Analysis
Short Term Liabilities: HIMX's short term assets ($1.2B) exceed its short term liabilities ($708.8M).
Long Term Liabilities: HIMX's short term assets ($1.2B) exceed its long term liabilities ($70.9M).
Debt to Equity History and Analysis
Debt Level: HIMX's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: HIMX's debt to equity ratio has increased from 41.6% to 57.1% over the past 5 years.
Debt Coverage: HIMX's debt is well covered by operating cash flow (31%).
Interest Coverage: HIMX earns more interest than it pays, so coverage of interest payments is not a concern.