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Himax TechnologiesHIMX +6.25%70 Cash Ratio is 0.37 as of Mar. 2026, which is 3% above its 10-year median of 0.36. GuruFocus rates HIMX with a GF Score™ of 70/100 and a GF Value™ of $7.40 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,023 Semiconductors companies, Himax Technologies ranks worse than 78.98% on this metric.
Himax Technologies has a Cash Ratio of 0.37. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Himax Technologies's Cash Ratio or its related term are showing as below:
HIMX'
s Cash Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.36 Max: 0.74
Current: 0.36
During the past 13 years, Himax Technologies's highest Cash Ratio was 0.74. The lowest was 0.22. And the median was 0.36.
HIMX's Cash Ratio is ranked worse than 78.98% of 1023
companies
in the Semiconductors industry
Industry Median: 1.02
vs HIMX: 0.36
Himax Technologies (NAS:HIMX) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Himax Technologies Cash Ratio Related Terms
Himax Technologies Cash Ratio Historical Data
* Premium members only.
The historical data trend for Himax Technologies's Cash Ratio 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.
For the Semiconductors subindustry, Himax Technologies's Cash Ratio, along with its competitors' market caps and Cash Ratio 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 Cash Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Himax Technologies's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Himax Technologies's Cash Ratio falls into.
* 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.
Himax Technologies (HIMX) has a Cash Ratio of 0.37 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Himax Technologies and its competitors. This is near median its historical median of 0.36. Over the past decade, Himax Technologies' Cash Ratio has ranged from 0.22 to 0.74. According to the industry distribution chart, Himax Technologies ranks #808 out of 1023 companies in the Semiconductors industry, placing it in the top 79%.
Is Himax Technologies' Cash Ratio too high?
Himax Technologies' current Cash Ratio of 0.37 is near median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.74. The Semiconductors industry median Cash Ratio is 1.02. Himax Technologies' value of 0.37 is 63.7% below this industry median. Based on the distribution chart, Himax Technologies ranks #808 out of 1023 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Himax Technologies has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Himax Technologies' Cash Ratio compare to NVTS and AMBQ?
According to the Semiconductors industry distribution chart, Himax Technologies ranks #808 out of 1023 companies for Cash Ratio. This places Himax Technologies in the lower half of its industry. The industry median Cash Ratio is 1.02. Himax Technologies' value of 0.37 is 63.7% below this benchmark. Historically, Himax Technologies' own Cash Ratio has ranged from 0.22 to 0.74 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.02, Himax Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Semiconductors company?
The median Cash Ratio among Semiconductors companies is 1.02, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Himax Technologies's current Cash Ratio of 0.37 is 63.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Himax Technologies and its competitors. For the Semiconductors industry, the median Cash Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himax Technologies's current Cash Ratio is 0.37, which is near median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himax Technologies stock overvalued right now?
Based on GuruFocus' analysis, Himax Technologies (HIMX) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.40, compared to a current price of $14.61 — trading 97.4% above its estimated fair value. The current Cash Ratio is 0.37, which is near median its 10-year median of 0.36 and 63.7% below the Semiconductors industry median of 1.02. Himax Technologies' overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Himax Technologies (HIMX), the current Cash Ratio is 0.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Himax Technologies (HIMX) Overvalued in 2026?
Based on GuruFocus' analysis, Himax Technologies stock appears to be overvalued.
The current stock price of $14.61 is trading 97.4% above its estimated GF Value™ of $7.40.
GuruFocus considers Himax Technologies to be Significantly Overvalued.
Key valuation signals for HIMX:
Cash Ratio: 0.37 (near median its 10-year median of 0.36)
GF Value™: $7.40 vs. price of $14.61 (97.4% above fair value)
Industry Position: 63.7% below the Semiconductors median (#808 of 1023)
No single metric tells the full story. See the HIMX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 is 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.
70GF Score
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