United Microelectronics Corporation

NYSE:UMC Stock Report

Market Cap: US$19.5b

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
CashNT$132.20b
EquityNT$378.23b
Total liabilitiesNT$188.84b
Total assetsNT$567.07b

Recent financial health updates

No updates

Recent updates

United Microelectronics: The Worst Seems To Have Passed, Good Time To Jump Back In

Apr 14

United Microelectronics: Not Enough Incentive To Warrant Added Risk

Feb 05

United Microelectronics: Cyclical Improvement Offers A Positive Outlook For 2024

Jan 11

United Microelectronics: Hold On, But Putting New Money To Work May Be Risky

Oct 31

United Microelectronics: Cruising Past The Semiconductor Slump

Oct 05

United Microelectronics: The Downturn Might Last Longer Than Expected

Aug 08

United Microelectronics: My Top Undervalued Semiconductor Stock

Jul 06

United Microelectronics Has Reached A Crossroad

Feb 14

UMC and Cadence join hands on 3D-IC hybrid bonding reference flow

Feb 01

United Microelectronics Q4 2022 Earnings Preview

Jan 13

United Microelectronics December sales grew 3.29% Y/Y

Jan 06

United Microelectronics October sales grew 27.07% Y/Y

Nov 07

United Microelectronics Non-GAAP EPS of NT$2.19 beats by NT$0.23, revenue of NT$75.39B beats by NT$2.49B

Oct 26

United Microelectronics September sales grew 34.50% Y/Y

Oct 06

United Microelectronics August sales grew 34.89% Y/Y

Sep 06

United Microelectronics, Cadence team up on analog/mixed-signal flow for 22ULP/ULL process technologies

Aug 24

United Microelectronics: The Tug Of War Continues

Aug 12

United Microelectronics sees 35% growth in July sales

Aug 04

United Microelectronics Q2 2022 Earnings Preview

Jul 26

United Microelectronics June sales grew 43.2% Y/Y

Jul 06

United Microelectronics: End-Markets Demand In Full Gear

Jun 08

United Microelectronics: Caught Between Headwinds And Tailwinds

May 04

United Microelectronics: Good, But Not As Good As Competitors

Mar 15

United Microelectronics Is Now Growing Faster Than TSMC And Should Be Valued Accordingly

Jan 23

United Microelectronics Could Be Back On The Move

Nov 08

Why United Microelectronics Stock Is A Buy On Weakness

Oct 07

United Microelectronics Has Limited Upside As Semiconductor Shortage Becomes Another Glut

Aug 03

United Microelectronics Q1 2021 Earnings Preview

Apr 27

Why United Microelectronics' Share Price Shot Up

Jan 11

United Microelectronics +20% on reported 28nm capacity expansion

Nov 23

United Microelectronics: Accelerating Pace Of 5G Rollout Provides Earnings And Dividend Stability

Nov 07

United Microelectronics Corporation 2020 Q3 - Results - Earnings Call Presentation

Oct 30

United Microelectronics Q3 2020 Earnings Preview

Oct 28

Financial Position Analysis

Short Term Liabilities: UMC's short term assets (NT$205.2B) exceed its short term liabilities (NT$88.4B).

Long Term Liabilities: UMC's short term assets (NT$205.2B) exceed its long term liabilities (NT$100.4B).


Debt to Equity History and Analysis

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

Reducing Debt: UMC's debt to equity ratio has reduced from 42.1% to 18.3% over the past 5 years.

Debt Coverage: UMC's debt is well covered by operating cash flow (115.7%).

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


Balance Sheet


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