Himax Ev To Sales vs Net Income Per Share Analysis

HIMX Stock  USD 6.81  0.04  0.58%   
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 Ev To Sales and its Net Income Per Share 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.

Ev To Sales vs Net Income Per Share

Ev To Sales vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Himax Technologies Ev To Sales account and Net Income Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Himax Technologies' Ev To Sales and Net Income Per Share is -0.16. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Net Income Per Share 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' Ev To Sales and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Himax Technologies are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Ev To Sales i.e., Himax Technologies' Ev To Sales and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Net Income Per Share

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 20.2 M in 2024. Tax Provision is likely to drop to about 82.7 K in 2024
 2021 2022 2023 2024 (projected)
Gross Profit748.6M487.1M263.5M208.4M
Total Revenue1.5B1.2B945.4M799.9M

Himax Technologies fundamental ratios Correlations

0.960.990.880.570.450.720.950.90.730.750.6-0.470.840.750.860.621.00.860.50.890.670.460.990.530.15
0.960.970.790.710.220.570.950.930.580.580.43-0.470.830.680.90.440.970.780.310.940.620.350.960.47-0.06
0.990.970.840.670.380.640.950.880.650.680.6-0.510.780.740.860.60.990.830.490.940.670.380.960.450.14
0.880.790.840.290.560.860.780.710.860.850.66-0.040.790.850.650.740.860.990.670.660.720.620.860.660.3
0.570.710.670.29-0.37-0.120.640.62-0.1-0.080.19-0.520.290.380.740.130.620.30.060.880.35-0.140.55-0.12-0.25
0.450.220.380.56-0.370.810.330.180.810.890.69-0.130.420.340.060.720.40.550.690.060.450.410.390.480.72
0.720.570.640.86-0.120.810.60.551.00.950.58-0.030.760.620.430.660.690.850.590.360.560.630.720.70.38
0.950.950.950.780.640.330.60.940.610.660.46-0.470.840.580.810.470.960.740.350.90.720.340.950.49-0.01
0.90.930.880.710.620.180.550.940.550.550.24-0.440.840.510.860.250.90.670.120.850.480.350.940.46-0.26
0.730.580.650.86-0.10.811.00.610.550.950.57-0.030.770.610.420.660.70.850.590.370.590.610.720.710.38
0.750.580.680.85-0.080.890.950.660.550.950.69-0.150.740.60.40.750.710.820.680.390.640.590.730.680.5
0.60.430.60.660.190.690.580.460.240.570.69-0.310.250.560.380.980.550.650.970.450.540.120.480.120.84
-0.47-0.47-0.51-0.04-0.52-0.13-0.03-0.47-0.44-0.03-0.15-0.31-0.19-0.04-0.53-0.16-0.47-0.02-0.09-0.57-0.030.19-0.440.19-0.11
0.840.830.780.790.290.420.760.840.840.770.740.25-0.190.60.670.340.850.770.190.640.640.640.880.75-0.1
0.750.680.740.850.380.340.620.580.510.610.60.56-0.040.60.60.650.740.890.570.620.540.720.720.610.28
0.860.90.860.650.740.060.430.810.860.420.40.38-0.530.670.60.370.860.650.250.910.320.220.870.2-0.12
0.620.440.60.740.130.720.660.470.250.660.750.98-0.160.340.650.370.570.740.980.420.610.250.50.270.83
1.00.970.990.860.620.40.690.960.90.70.710.55-0.470.850.740.860.570.850.450.910.690.440.980.530.1
0.860.780.830.990.30.550.850.740.670.850.820.65-0.020.770.890.650.740.850.670.660.70.630.840.660.3
0.50.310.490.670.060.690.590.350.120.590.680.97-0.090.190.570.250.980.450.670.320.550.170.380.160.87
0.890.940.940.660.880.060.360.90.850.370.390.45-0.570.640.620.910.420.910.660.320.560.150.870.21-0.05
0.670.620.670.720.350.450.560.720.480.590.640.54-0.030.640.540.320.610.690.70.550.560.350.60.540.3
0.460.350.380.62-0.140.410.630.340.350.610.590.120.190.640.720.220.250.440.630.170.150.350.50.850.05
0.990.960.960.860.550.390.720.950.940.720.730.48-0.440.880.720.870.50.980.840.380.870.60.50.570.02
0.530.470.450.66-0.120.480.70.490.460.710.680.120.190.750.610.20.270.530.660.160.210.540.850.570.03
0.15-0.060.140.3-0.250.720.38-0.01-0.260.380.50.84-0.11-0.10.28-0.120.830.10.30.87-0.050.30.050.020.03
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 Liab40.1M52.2M94.2M123.1M122.0M128.1M
Total Current Liabilities380.9M352.2M601.2M694.0M708.8M744.2M
Total Stockholder Equity433.0M480.2M869.7M892.6M856.8M476.5M
Net Debt120.3M(22.4M)(132.1M)194.2M306.4M321.7M
Accounts Payable114.3M173.5M248.4M122.0M107.3M131.1M
Cash101.1M184.9M336.0M221.6M191.7M135.9M
Non Current Assets Total213.8M215.4M410.4M365.0M442.8M465.0M
Non Currrent Assets Other5.6M12.9M217.8M175.6M242.8M254.9M
Cash And Short Term Investments112.1M201.4M364.4M229.9M206.4M146.0M
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 Assets18.6M139.4M218.4M473.6M539.6M566.6M
Other Stockholder Equity96.4M100.8M103.1M106.7M109.5M88.8M
Total Liab387.2M424.6M731.2M807.9M779.7M818.7M
Total Current Assets604.7M694.4M1.2B1.3B1.2B654.9M
Short Long Term Debt Total221.3M162.5M203.9M415.8M498.1M523.0M
Property Plant And Equipment Net138.9M132.1M133.2M126.1M130.1M80.5M
Current Deferred Revenue5.1M6.6M37.7M49.2M552K524.4K
Retained Earnings230.5M272.9M660.3M679.1M640.4M672.5M
Other Assets20.6M29.5M225.0M187.4M(124.3K)(118.1K)
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)(180K)(189K)
Short Term Debt221.3M113.1M162.0M379.5M463.6M486.8M
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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