Himax Technologies (Himax Technologies) Debt-to-Equity : 0.58 (As of Dec. 2023)

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What is Himax Technologies Debt-to-Equity?

Himax Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $463.6 Mil. Himax Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $34.5 Mil. Himax Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $856.8 Mil. Himax Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.58.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Himax Technologies's Debt-to-Equity or its related term are showing as below:

HIMX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.38 Max: 0.58
Current: 0.58

During the past 13 years, the highest Debt-to-Equity Ratio of Himax Technologies was 0.58. The lowest was 0.24. And the median was 0.38.

HIMX's Debt-to-Equity is ranked worse than
73.58% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs HIMX: 0.58

Himax Technologies Debt-to-Equity Historical Data

The historical data trend for Himax Technologies's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Himax Technologies Debt-to-Equity Chart

Himax Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.51

0.35

0.24

0.47

0.58

Himax Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.47	0.46	0.50	0.59	0.58

Competitive Comparison of Himax Technologies's Debt-to-Equity

For the Semiconductors subindustry, Himax Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Himax Technologies's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Himax Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Himax Technologies's Debt-to-Equity falls into.

Himax Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Himax Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(463.636	+	34.5)	/	856.768
	=	0.58

Himax Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(463.636	+	34.5)	/	856.768
	=	0.58

Himax Technologies (NAS:HIMX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Himax Technologies Debt-to-Equity Related Terms

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Himax Technologies (Himax Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Himax Technologies Inc (NAS:HIMX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0J5H:UK H6Q:Germany H6Q:Germany

Address

No. 26, Zih Lian Road, Sinshih District, Tainan, TWN, 74148

Website

https://www.himax.com.tw

Himax Technologies Inc is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The majority of the firm's revenue gets derived from the Driver Integrated Circuit segment. It offers display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, virtual reality (VR) devices, and many other consumer electronics devices. It also designs and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration single-chip solutions, LED driver ICs, power management ICs, and scaler products for monitors and projectors. Geographically, it generates the majority of its revenue from China.