GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » United Microelectronics Corp (NYSE:UMC) » Definitions » Net Debt Paydown Yield %

United Microelectronics (United Microelectronics) Net Debt Paydown Yield % : -1.11% (As of Apr. 27, 2024)


View and export this data going back to 2000. Start your Free Trial

What is United Microelectronics Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, United Microelectronics's Net Debt Paydown Yield % was -1.11%.


United Microelectronics Net Debt Paydown Yield % Historical Data

The historical data trend for United Microelectronics's Net Debt Paydown Yield % 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.

United Microelectronics Net Debt Paydown Yield % Chart

United Microelectronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 2.69 0.95 -0.06 -1.05

United Microelectronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.06 1.14 1.28 -0.35 -1.05

Competitive Comparison of United Microelectronics's Net Debt Paydown Yield %

For the Semiconductors subindustry, United Microelectronics's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


United Microelectronics's Net Debt Paydown Yield % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, United Microelectronics's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where United Microelectronics's Net Debt Paydown Yield % falls into.



United Microelectronics Net Debt Paydown Yield % Calculation

United Microelectronics's Net Debt Paydown Yield % for the quarter that ended in Dec. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 1726.35-1868.28 )/21200.4216
=-0.67 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


United Microelectronics  (NYSE:UMC) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


United Microelectronics Net Debt Paydown Yield % Related Terms

Thank you for viewing the detailed overview of United Microelectronics's Net Debt Paydown Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


United Microelectronics (United Microelectronics) Business Description

Traded in Other Exchanges
Address
No. 3, Li-Hsin 2nd Road, Hsinchu Science Park, Hsinchu, TWN
Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2022 after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.

United Microelectronics (United Microelectronics) Headlines

From GuruFocus

3 Stocks That Could Represent Bargain Opportunities

By Alberto Abaterusso Alberto Abaterusso 05-18-2021

A Trio of Low Price-to-Free-Cash-Flow Ratio Stocks to Consider

By Alberto Abaterusso Alberto Abaterusso 01-27-2021