Himax Net Tangible Assets vs Current Deferred Revenue Analysis

HIMX Stock  USD 9.54  0.03  0.31%   
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 Net Tangible Assets 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 closely tied 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.

Net Tangible Assets vs Current Deferred Revenue

Net Tangible Assets 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 Net Tangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Himax Technologies' Net Tangible Assets and Current Deferred Revenue is 0.52. Overlapping area represents the amount of variation of Net Tangible Assets 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' Net Tangible Assets 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 Net Tangible Assets 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 Net Tangible Assets i.e., Himax Technologies' Net Tangible Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 closely tied 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 20.5 M in 2025. Tax Provision is likely to rise to about (2.3 M) in 2025
 2022 2023 2024 2025 (projected)
Gross Profit487.1M263.5M276.2M212.5M
Total Revenue1.2B945.4M906.8M808.5M

Himax Technologies fundamental ratios Correlations

0.90.881.00.460.420.840.820.770.830.780.590.020.780.780.740.740.90.990.60.720.770.550.880.550.09
0.90.790.870.450.260.670.740.720.680.640.350.040.850.80.680.540.840.880.360.650.750.540.80.63-0.03
0.880.790.880.720.310.670.950.90.670.670.58-0.430.630.690.940.630.990.860.490.930.70.450.970.370.01
1.00.870.880.430.460.860.810.770.850.810.63-0.020.760.780.740.760.90.990.640.710.730.560.880.540.13
0.460.450.720.43-0.370.010.720.690.01-0.020.2-0.430.120.330.890.20.660.410.090.910.4-0.020.64-0.18-0.36
0.420.260.310.46-0.370.760.240.110.760.860.68-0.140.430.34-0.010.680.340.470.68-0.010.410.410.310.490.72
0.840.670.670.860.010.760.620.591.00.950.59-0.020.790.60.430.690.730.860.60.410.580.610.730.640.29
0.820.740.950.810.720.240.620.950.620.630.44-0.420.650.510.90.490.960.770.340.920.720.40.960.36-0.15
0.770.720.90.770.690.110.590.950.590.540.24-0.360.660.470.890.310.910.730.150.880.530.430.950.36-0.36
0.830.680.670.850.010.761.00.620.590.950.58-0.020.80.590.430.690.730.850.590.410.610.590.730.650.29
0.780.640.670.81-0.020.860.950.630.540.950.69-0.140.750.590.390.750.720.80.680.380.640.60.70.660.45
0.590.350.580.630.20.680.590.440.240.580.69-0.30.20.530.430.960.540.630.980.420.530.170.470.110.77
0.020.04-0.43-0.02-0.43-0.14-0.02-0.42-0.36-0.02-0.14-0.30.09-0.04-0.47-0.11-0.37-0.01-0.09-0.49-0.02-0.02-0.390.17-0.12
0.780.850.630.760.120.430.790.650.660.80.750.20.090.630.440.380.720.770.210.420.660.720.720.81-0.07
0.780.80.690.780.330.340.60.510.470.590.590.53-0.040.630.570.650.710.840.540.520.530.720.660.60.26
0.740.680.940.740.89-0.010.430.90.890.430.390.43-0.470.440.570.460.90.720.320.990.530.270.90.12-0.2
0.740.540.630.760.20.680.690.490.310.690.750.96-0.110.380.650.460.620.770.980.440.650.260.530.240.7
0.90.840.990.90.660.340.730.960.910.730.720.54-0.370.720.710.90.620.890.460.90.730.520.980.46-0.01
0.990.880.860.990.410.470.860.770.730.850.80.63-0.010.770.840.720.770.890.640.690.720.590.860.560.17
0.60.360.490.640.090.680.60.340.150.590.680.98-0.090.210.540.320.980.460.640.310.540.160.380.150.79
0.720.650.930.710.91-0.010.410.920.880.410.380.42-0.490.420.520.990.440.90.690.310.580.240.890.1-0.21
0.770.750.70.730.40.410.580.720.530.610.640.53-0.020.660.530.530.650.730.720.540.580.330.630.480.21
0.550.540.450.56-0.020.410.610.40.430.590.60.17-0.020.720.720.270.260.520.590.160.240.330.560.830.02
0.880.80.970.880.640.310.730.960.950.730.70.47-0.390.720.660.90.530.980.860.380.890.630.560.46-0.11
0.550.630.370.54-0.180.490.640.360.360.650.660.110.170.810.60.120.240.460.560.150.10.480.830.460.08
0.09-0.030.010.13-0.360.720.29-0.15-0.360.290.450.77-0.12-0.070.26-0.20.7-0.010.170.79-0.210.210.02-0.110.08
Click cells to compare fundamentals

Himax Technologies Account Relationship Matchups

Himax Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets909.8M1.6B1.7B1.6B1.6B860.2M
Other Current Liab52.2M94.2M123.1M122.0M59.9M46.0M
Total Current Liabilities352.2M601.2M694.0M708.8M706.6M742.0M
Total Stockholder Equity480.2M869.7M892.6M856.8M890.1M498.3M
Net Debt(22.4M)(132.1M)194.2M306.4M323.8M339.9M
Accounts Payable173.5M248.4M122.0M107.3M113.2M130.8M
Cash184.9M336.0M221.6M191.7M218.1M140.4M
Non Current Assets Total215.4M410.4M365.0M442.8M471.5M495.1M
Non Currrent Assets Other12.9M217.8M175.6M242.8M239.9M251.9M
Cash And Short Term Investments201.4M364.4M229.9M206.4M224.6M150.4M
Net Receivables244.9M411.5M262.4M237.3M237.6M219.9M
Common Stock Shares Outstanding173.4M174.9M174.8M174.8M175.0M142.1M
Liabilities And Stockholders Equity909.8M1.6B1.7B1.6B1.6B860.2M
Non Current Liabilities Total72.4M130.0M113.9M70.9M36.6M24.3M
Inventory108.7M198.6M370.9M217.3M158.7M147.4M
Other Current Assets139.4M218.4M473.6M539.6M547.9M575.3M
Other Stockholder Equity100.8M103.1M106.7M109.5M109.8M85.6M
Total Liab424.6M731.2M807.9M779.7M743.2M780.4M
Total Current Assets694.4M1.2B1.3B1.2B1.2B682.3M
Short Long Term Debt Total162.5M203.9M415.8M498.1M541.9M569.0M
Property Plant And Equipment Net132.1M133.2M126.1M130.1M121.3M83.0M
Current Deferred Revenue6.6M37.7M49.2M552K10.6M13.2M
Retained Earnings272.9M660.3M679.1M640.4M664.6M697.8M
Other Assets29.5M225.0M187.4M(124.3K)(142.9K)(135.8K)
Short Term Investments16.5M28.4M8.3M14.6M6.4M10.9M
Property Plant And Equipment Gross132.1M303.9M312.2M330.6M331.7M348.3M
Accumulated Other Comprehensive Income(548K)(666K)(218K)(180K)8.6M9.1M
Short Term Debt113.1M162.0M379.5M463.6M513.4M539.1M
Intangible Assets7.9M6.6M1.1M816K636K604.2K
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 Investments18.7M17.4M22.2M26.8M60.4M63.4M
Short Long Term Debt110M157.4M375.3M459M509.7M535.2M

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