Himax Current Liabilities vs Asset Turnover Analysis

HIMX Stock  USD 5.24  0.17  3.14%   
Trend analysis of Himax Technologies balance sheet accounts such as Total Current Liabilities of 744.2 M or Total Stockholder Equity of 476.5 M provides information on Himax Technologies' total assets, liabilities, and equity, which is the actual value of Himax Technologies to its prevalent stockholders. By breaking down trends over time using Himax Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Himax Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Himax Technologies at a specified time, usually calculated after every quarter, six months, or one year. Himax Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Himax Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Himax currently owns. An asset can also be divided into two categories, current and non-current.

Himax Technologies Balance Sheet Chart

Himax Technologies Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Himax Technologies uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Himax Technologies' Total Liabilities is fairly stable compared to the past year. Short and Long Term Debt Total is likely to rise to about 530.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 476.5 M in 2024.

Total Assets

Total assets refers to the total amount of Himax Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Himax Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Himax Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Himax Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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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.