United Microelectronics Stock Current Ratio

UMC Stock

USD 6.39 0.20 3.03%

United Microelectronics fundamentals help investors to digest information that contributes to United Microelectronics' financial success or failures. It also enables traders to predict the movement of United Stock. The fundamental analysis module provides a way to measure United Microelectronics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to United Microelectronics stock.

		Last Reported	Projected for Next Year
	Current Ratio	2.19	2.83

The current year's Current Ratio is expected to grow to 2.83.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

United Microelectronics Company Current Ratio Analysis

United Microelectronics' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current United Microelectronics Current Ratio

2.02 X

Most of United Microelectronics' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, United Microelectronics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

United Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for United Microelectronics is extremely important. It helps to project a fair market value of United Stock properly, considering its historical fundamentals such as Current Ratio. Since United Microelectronics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of United Microelectronics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of United Microelectronics' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Long Term Investments	Short Long Term Debt	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.94	-0.3	-0.68	0.73	-0.34	0.94	0.42	0.92	0.94	0.02	0.57	0.49	0.61	0.03	0.73	-0.6	0.63	-0.54	0.54	-0.15	-0.57	0.86	0.61	0.78	0.09
Total Stockholder Equity	0.94		-0.17	-0.74	0.79	-0.29	0.86	0.45	0.73	0.86	-0.2	0.47	0.51	0.37	0.25	0.56	-0.59	0.63	-0.58	0.57	-0.34	-0.67	0.87	0.76	0.76	0.22
Current Deferred Revenue	-0.3	-0.17		0.22	-0.28	-0.02	-0.32	-0.07	-0.39	-0.33	-0.17	-0.52	0.22	-0.45	0.2	-0.46	-0.09	-0.18	0.38	-0.05	-0.01	0.17	-0.29	-0.1	-0.31	-0.04
Net Debt	-0.68	-0.74	0.22		-0.74	-0.13	-0.72	-0.6	-0.48	-0.83	0.5	-0.21	-0.04	-0.11	-0.57	-0.31	0.17	-0.82	0.39	-0.63	0.55	0.63	-0.85	-0.64	-0.91	-0.27
Retained Earnings	0.73	0.79	-0.28	-0.74		-0.19	0.61	0.35	0.55	0.69	-0.14	0.23	0.03	0.43	0.27	0.65	-0.26	0.57	-0.49	0.55	-0.35	-0.93	0.85	0.85	0.8	0.59
Accounts Payable	-0.34	-0.29	-0.02	-0.13	-0.19		-0.32	0.03	-0.35	-0.16	-0.12	-0.6	-0.47	-0.42	0.35	-0.41	0.56	0.13	0.39	0.2	-0.11	0.08	-0.04	-0.03	-0.02	-0.18
Net Receivables	0.94	0.86	-0.32	-0.72	0.61	-0.32		0.53	0.89	0.96	-0.13	0.62	0.48	0.54	0.11	0.61	-0.58	0.72	-0.6	0.52	-0.16	-0.39	0.8	0.43	0.82	-0.03
Short Term Investments	0.42	0.45	-0.07	-0.6	0.35	0.03	0.53		0.32	0.58	-0.32	0.05	0.1	0.06	0.41	0.15	-0.18	0.71	-0.35	0.39	-0.5	-0.03	0.48	0.24	0.6	0.27
Total Liab	0.92	0.73	-0.39	-0.48	0.55	-0.35	0.89	0.32		0.87	0.29	0.61	0.4	0.79	-0.23	0.81	-0.51	0.53	-0.41	0.43	0.09	-0.37	0.73	0.36	0.67	-0.09
Total Current Assets	0.94	0.86	-0.33	-0.83	0.69	-0.16	0.96	0.58	0.87		-0.14	0.49	0.33	0.51	0.18	0.61	-0.44	0.79	-0.51	0.61	-0.24	-0.49	0.9	0.52	0.91	0.04
Short Term Debt	0.02	-0.2	-0.17	0.5	-0.14	-0.12	-0.13	-0.32	0.29	-0.14		0.06	-0.01	0.45	-0.6	0.39	0.0	-0.22	0.39	-0.03	0.38	0.11	-0.13	-0.18	-0.34	-0.13
Intangible Assets	0.57	0.47	-0.52	-0.21	0.23	-0.6	0.62	0.05	0.61	0.49	0.06		0.44	0.43	-0.08	0.47	-0.53	0.17	-0.43	0.01	-0.09	-0.1	0.32	0.05	0.26	-0.25
Common Stock	0.49	0.51	0.22	-0.04	0.03	-0.47	0.48	0.1	0.4	0.33	-0.01	0.44		0.19	-0.12	0.17	-0.93	0.03	-0.22	-0.01	0.07	0.06	0.1	0.01	0.06	-0.15
Long Term Debt	0.61	0.37	-0.45	-0.11	0.43	-0.42	0.54	0.06	0.79	0.51	0.45	0.43	0.19		-0.61	0.93	-0.36	0.06	-0.4	-0.03	0.39	-0.27	0.38	0.11	0.42	0.08
Treasury Stock	0.03	0.25	0.2	-0.57	0.27	0.35	0.11	0.41	-0.23	0.18	-0.6	-0.08	-0.12	-0.61		-0.4	0.07	0.54	0.03	0.47	-0.73	-0.27	0.33	0.34	0.31	0.09
Property Plant Equipment	0.73	0.56	-0.46	-0.31	0.65	-0.41	0.61	0.15	0.81	0.61	0.39	0.47	0.17	0.93	-0.4		-0.37	0.2	-0.42	0.1	0.07	-0.52	0.56	0.38	0.53	0.26
Good Will	-0.6	-0.59	-0.09	0.17	-0.26	0.56	-0.58	-0.18	-0.51	-0.44	0.0	-0.53	-0.93	-0.36	0.07	-0.37		-0.13	0.31	-0.03	-0.01	0.13	-0.22	-0.08	-0.23	-0.04
Long Term Investments	0.63	0.63	-0.18	-0.82	0.57	0.13	0.72	0.71	0.53	0.79	-0.22	0.17	0.03	0.06	0.54	0.2	-0.13		-0.23	0.87	-0.45	-0.41	0.78	0.5	0.81	0.16
Short Long Term Debt	-0.54	-0.58	0.38	0.39	-0.49	0.39	-0.6	-0.35	-0.41	-0.51	0.39	-0.43	-0.22	-0.4	0.03	-0.42	0.31	-0.23		0.0	0.06	0.29	-0.43	-0.35	-0.53	-0.21
Net Tangible Assets	0.54	0.57	-0.05	-0.63	0.55	0.2	0.52	0.39	0.43	0.61	-0.03	0.01	-0.01	-0.03	0.47	0.1	-0.03	0.87	0.0		-0.26	-0.53	0.74	0.62	0.63	0.12
Long Term Debt Total	-0.15	-0.34	-0.01	0.55	-0.35	-0.11	-0.16	-0.5	0.09	-0.24	0.38	-0.09	0.07	0.39	-0.73	0.07	-0.01	-0.45	0.06	-0.26		0.29	-0.38	-0.4	-0.3	-0.32
Capital Surpluse	-0.57	-0.67	0.17	0.63	-0.93	0.08	-0.39	-0.03	-0.37	-0.49	0.11	-0.1	0.06	-0.27	-0.27	-0.52	0.13	-0.41	0.29	-0.53	0.29		-0.74	-0.88	-0.63	-0.55
Cash And Equivalents	0.86	0.87	-0.29	-0.85	0.85	-0.04	0.8	0.48	0.73	0.9	-0.13	0.32	0.1	0.38	0.33	0.56	-0.22	0.78	-0.43	0.74	-0.38	-0.74		0.78	0.89	0.19
Net Invested Capital	0.61	0.76	-0.1	-0.64	0.85	-0.03	0.43	0.24	0.36	0.52	-0.18	0.05	0.01	0.11	0.34	0.38	-0.08	0.5	-0.35	0.62	-0.4	-0.88	0.78		0.58	0.5
Net Working Capital	0.78	0.76	-0.31	-0.91	0.8	-0.02	0.82	0.6	0.67	0.91	-0.34	0.26	0.06	0.42	0.31	0.53	-0.23	0.81	-0.53	0.63	-0.3	-0.63	0.89	0.58		0.28
Capital Stock	0.09	0.22	-0.04	-0.27	0.59	-0.18	-0.03	0.27	-0.09	0.04	-0.13	-0.25	-0.15	0.08	0.09	0.26	-0.04	0.16	-0.21	0.12	-0.32	-0.55	0.19	0.5	0.28

Click cells to compare fundamentals

United Current Ratio Historical Pattern

Today, most investors in United Microelectronics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various United Microelectronics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of United Microelectronics current ratio as a starting point in their analysis.

United Microelectronics Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict United Microelectronics

Current Ratio Over Time

In accordance with the recently published financial statements, United Microelectronics has a Current Ratio of 2.02 times. This is 28.62% lower than that of the Semiconductors & Semiconductor Equipment sector and 48.73% lower than that of the Information Technology industry. The current ratio for all United States stocks is 6.48% higher than that of the company.

United Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses United Microelectronics' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of United Microelectronics could also be used in its relative valuation, which is a method of valuing United Microelectronics by comparing valuation metrics of similar companies.

United Microelectronics is currently under evaluation in current ratio category among its peers.

United Microelectronics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, United Microelectronics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to United Microelectronics' managers, analysts, and investors.

Environmental

Governance

Social

United Fundamentals

	Return On Equity	0.14
	Return On Asset	0.0579
	Profit Margin	0.22 %
	Operating Margin	0.23 %
	Current Valuation	16.43 B
	Shares Outstanding	2.51 B
	Shares Owned By Institutions	6.71 %
	Number Of Shares Shorted	79.06 M
	Price To Earning	13.43 X
	Price To Book	1.45 X
	Price To Sales	0.07 X
	Revenue	222.53 B
	Gross Profit	125.76 B
	EBITDA	110.41 B
	Net Income	59.69 B
	Cash And Equivalents	131.39 B
	Cash Per Share	76.31 X
	Total Debt	64.16 B
	Debt To Equity	0.23 %
	Current Ratio	2.02 X
	Book Value Per Share	29.39 X
	Cash Flow From Operations	86 B
	Short Ratio	6.18 X
	Earnings Per Share	0.63 X
	Price To Earnings To Growth	1.37 X
	Target Price	7.31
	Number Of Employees	20 K
	Beta	1.17
	Market Capitalization	17.02 B
	Total Asset	546.58 B
	Retained Earnings	209.6 B
	Working Capital	114.9 B
	Current Asset	94.82 B
	Current Liabilities	49.49 B
	Annual Yield	0.07 %
	Five Year Return	3.85 %
	Net Asset	546.58 B
	Last Dividend Paid	3.0

About United Microelectronics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze United Microelectronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Microelectronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Microelectronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

When determining whether United Microelectronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Microelectronics' 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 United Microelectronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Microelectronics Stock:

How To Invest In United

Details

Is United Stock a good investment?

Details

What is United Microelectronics' Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

View

Largest Information Technology Companies

View

Check out United Microelectronics Piotroski F Score and United Microelectronics Altman Z Score analysis.

For information on how to trade United Stock refer to our How to Trade United Stock guide.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Is Semiconductors & Semiconductor Equipment space 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 United Microelectronics. If investors know United 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 United Microelectronics 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

(0.09)

Dividend Share

Earnings Share

0.63

Revenue Per Share

93.08

Quarterly Revenue Growth

0.06

The market value of United Microelectronics is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Microelectronics' value that differs from its market value or its book value, called intrinsic value, which is United Microelectronics' 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 United Microelectronics' market value can be influenced by many factors that don't directly affect United Microelectronics' 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 United Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Microelectronics' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

United Microelectronics Stock Current Ratio

United Microelectronics Company Current Ratio Analysis

Current Ratio

Current Asset

Current Liabilities

Current United Microelectronics Current Ratio

United Current Ratio Driver Correlations

United Current Ratio Historical Pattern

United Current Ratio Peer Comparison

United Microelectronics ESG Sustainability

United Fundamentals

About United Microelectronics Fundamental Analysis

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY