Himax Capital Stock vs Current Deferred Revenue Analysis

HIMX Stock  USD 5.04  0.08  1.61%   
Himax Technologies financial indicator trend analysis is much more than just examining Himax Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Himax Technologies is a good investment. Please check the relationship between Himax Technologies Capital Stock and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Himax Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Himax Stock please use our How to Invest in Himax Technologies guide.

Capital Stock vs Current Deferred Revenue

Capital Stock vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Himax Technologies Capital Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Himax Technologies' Capital Stock and Current Deferred Revenue is -0.07. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Himax Technologies, assuming nothing else is changed. The correlation between historical values of Himax Technologies' Capital Stock and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Himax Technologies are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Capital Stock i.e., Himax Technologies' Capital Stock and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Himax Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Himax Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Himax Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Himax Stock please use our How to Invest in Himax Technologies guide.Selling General Administrative is likely to drop to about 20.2 M in 2024. Tax Provision is likely to drop to about 82.7 K in 2024
 2021 2022 2023 2024 (projected)
Gross Profit748.6M487.1M248.5M207.6M
Total Revenue1.5B1.2B947.5M800.0M

Himax Technologies fundamental ratios Correlations

0.940.990.88-0.20.450.820.950.90.830.750.6-0.470.840.750.030.611.00.870.450.890.670.710.990.530.15
0.940.910.85-0.150.390.720.930.920.740.730.37-0.320.940.69-0.110.430.950.830.250.80.660.760.970.71-0.05
0.990.910.84-0.150.380.840.950.880.840.680.6-0.510.780.740.020.60.990.830.440.930.670.650.960.450.14
0.880.850.84-0.070.560.560.780.710.580.850.66-0.040.790.850.120.740.860.990.620.660.720.770.860.670.3
-0.2-0.15-0.15-0.07-0.28-0.58-0.26-0.38-0.58-0.28-0.090.33-0.170.34-0.08-0.01-0.160.00.05-0.110.160.09-0.240.210.09
0.450.390.380.56-0.280.180.330.180.20.890.69-0.130.420.340.220.720.40.550.730.060.450.370.390.480.72
0.820.720.840.56-0.580.180.860.881.00.450.41-0.640.60.33-0.010.340.820.530.170.870.370.340.820.06-0.09
0.950.930.950.78-0.260.330.860.940.870.660.46-0.470.840.58-0.210.460.960.740.290.90.720.620.950.49-0.01
0.90.920.880.71-0.380.180.880.940.890.550.24-0.440.840.51-0.160.250.90.670.050.860.480.650.940.46-0.26
0.830.740.840.58-0.580.21.00.870.890.460.41-0.630.610.33-0.010.350.830.540.180.870.390.340.830.08-0.09
0.750.730.680.85-0.280.890.450.660.550.460.69-0.150.740.60.120.750.710.820.680.390.640.650.730.680.5
0.60.370.60.66-0.090.690.410.460.240.410.69-0.310.250.560.390.980.550.650.960.450.540.210.480.120.84
-0.47-0.32-0.51-0.040.33-0.13-0.64-0.47-0.44-0.63-0.15-0.31-0.19-0.04-0.07-0.16-0.47-0.02-0.1-0.57-0.03-0.01-0.440.19-0.11
0.840.940.780.79-0.170.420.60.840.840.610.740.25-0.190.6-0.20.330.850.770.170.640.640.80.880.75-0.1
0.750.690.740.850.340.340.330.580.510.330.60.56-0.040.60.240.650.740.890.550.610.540.80.720.610.28
0.03-0.110.020.12-0.080.22-0.01-0.21-0.16-0.010.120.39-0.07-0.20.240.38-0.020.170.42-0.05-0.36-0.050.0-0.160.44
0.610.430.60.74-0.010.720.340.460.250.350.750.98-0.160.330.650.380.570.740.980.420.610.320.50.270.83
1.00.950.990.86-0.160.40.820.960.90.830.710.55-0.470.850.74-0.020.570.850.40.910.690.70.980.530.1
0.870.830.830.990.00.550.530.740.670.540.820.65-0.020.770.890.170.740.850.620.650.70.770.840.660.3
0.450.250.440.620.050.730.170.290.050.180.680.96-0.10.170.550.420.980.40.620.240.520.20.330.190.92
0.890.80.930.66-0.110.060.870.90.860.870.390.45-0.570.640.61-0.050.420.910.650.240.560.470.870.2-0.06
0.670.660.670.720.160.450.370.720.480.390.640.54-0.030.640.54-0.360.610.690.70.520.560.450.60.540.3
0.710.760.650.770.090.370.340.620.650.340.650.21-0.010.80.8-0.050.320.70.770.20.470.450.760.8-0.06
0.990.970.960.86-0.240.390.820.950.940.830.730.48-0.440.880.720.00.50.980.840.330.870.60.760.570.02
0.530.710.450.670.210.480.060.490.460.080.680.120.190.750.61-0.160.270.530.660.190.20.540.80.570.03
0.15-0.050.140.30.090.72-0.09-0.01-0.26-0.090.50.84-0.11-0.10.280.440.830.10.30.92-0.060.3-0.060.020.03
Click cells to compare fundamentals

Himax Technologies Account Relationship Matchups

Himax Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets818.5M909.8M1.6B1.7B1.6B1.7B
Other Current Liab40.1M62.1M157.7M147.5M120.1M126.1M
Total Current Liabilities380.9M352.2M601.2M694.0M708.7M744.2M
Total Stockholder Equity433.0M480.2M869.7M892.6M856.7M476.5M
Net Debt120.3M(22.4M)(132.1M)194.2M(139.9M)(132.9M)
Accounts Payable114.3M173.5M248.4M122.0M107.3M131.1M
Cash101.1M184.9M336.0M221.6M644.7M676.9M
Non Current Assets Total213.8M215.4M410.4M365.0M442.8M464.9M
Non Currrent Assets Other5.6M12.9M217.8M175.6M242.7M254.9M
Cash And Short Term Investments112.1M201.4M364.4M229.9M659.3M692.3M
Net Receivables166.2M244.9M411.5M262.4M237.3M217.9M
Common Stock Shares Outstanding172.6M173.4M174.9M174.8M174.8M142.2M
Liabilities And Stockholders Equity818.5M909.8M1.6B1.7B1.6B1.7B
Non Current Liabilities Total6.3M72.4M130.0M113.9M70.9M74.4M
Inventory143.8M108.7M198.6M370.9M217.3M146.2M
Other Current Assets18.6M35.4M64.3M104.3M86.5M83.6M
Other Stockholder Equity96.4M100.8M103.1M106.7M109.5M88.8M
Total Liab387.2M424.6M731.2M807.9M779.6M818.6M
Total Current Assets604.7M694.4M1.2B1.3B1.2B654.9M
Short Long Term Debt Total221.3M162.5M203.9M415.8M504.8M530.1M
Property Plant And Equipment Net138.9M132.1M133.2M126.1M130.1M80.5M
Current Deferred Revenue5.1M6.6M37.7M49.2M17.7M14.2M
Retained Earnings230.5M272.9M660.3M679.1M640.4M672.4M
Other Assets20.6M29.5M225.0M187.4M1.00.95
Short Term Investments11.0M16.5M28.4M8.3M14.6M11.1M
Property Plant And Equipment Gross138.9M132.1M303.9M312.2M330.6M347.1M
Accumulated Other Comprehensive Income(952K)(548K)(666K)(218K)(180.0K)(189.0K)
Short Term Debt221.3M110M157.4M375.3M463.6M486.8M
Intangible Assets8.8M7.9M6.6M1.1M816K775.2K
Property Plant Equipment138.4M131.2M133.2M126.1M145.1M73.1M
Other Liab3.6M12.5M83.5M73.4M84.5M88.7M
Net Tangible Assets396.1M444.2M835.0M863.3M992.8M557.7M
Long Term Investments18.0M18.7M17.4M22.2M26.8M19.4M
Short Long Term Debt221.3M110M157.4M375.3M459M482.0M

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When determining whether Himax Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Himax Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Himax Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Himax Technologies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Himax Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Himax Stock please use our How to Invest in Himax Technologies guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Himax Technologies' price analysis, check to measure Himax Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Himax Technologies is operating at the current time. Most of Himax Technologies' value examination focuses on studying past and present price action to predict the probability of Himax Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Himax Technologies' price. Additionally, you may evaluate how the addition of Himax Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Himax Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Himax Technologies. If investors know Himax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Himax Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Earnings Share
0.28
Revenue Per Share
5.418
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0162
The market value of Himax Technologies is measured differently than its book value, which is the value of Himax that is recorded on the company's balance sheet. Investors also form their own opinion of Himax Technologies' value that differs from its market value or its book value, called intrinsic value, which is Himax Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Himax Technologies' market value can be influenced by many factors that don't directly affect Himax Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Himax Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Himax Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Himax Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.