Himax Technologies, Inc. (HIMX) Financials

HIMX

FY2025 annual

Revenue $945.4M YoY not available

Net Income $49.4M YoY not available

Free Cash Flow $129.5M YoY not available

Operating Cash Flow $152.8M YoY not available

Market Cap $2.0B as of Oct 17, 2026

Price / Sales 2.1x on $945.4M revenue, FY2025

Price / Earnings 41.1x on $49.4M net income, FY2025

Price / Book 4.4x on $456.6M equity, Q3 FY2018

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Mar 27, 2026 Reported Mar 27, 2026 Currency USD FYE March

Newest figures come from the 20-F for FY2025, filed Mar 27, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HIMX SEC filings page.

Himax Technologies, Inc. (HIMX) reported $945.4M in revenue for fiscal year 2025. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI HIMX FY2025 2026-10-03

Himax operates with a lightly debt-funded, asset-heavy balance sheet where reported earnings convert into much larger cash generation.

Operating cash flow of $152.8M was 3.1x net income of $49.4M. That cash-to-earnings gap, alongside a 13.7% free-cash-flow margin, indicates the year's cash production was not simply a mirror of accounting profit.

Assets were 1.7x annual revenue while return on assets was only 3.0%, indicating that the enlarged asset base produces relatively modest earnings. Debt-to-equity of 0.0x and a current ratio of 1.7x point to low financial leverage with short-term assets exceeding near-term obligations.

Capital spending of $23.4M was small relative to operating cash flow of $152.8M, so reinvestment did not absorb the year's internally generated cash. Dividends of $83.7M remained below free cash flow of $129.5M, indicating distributions alongside positive residual cash rather than funding from negative free cash flow.

Financial Health Signals

Financial health score not available

Himax Technologies, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

3/7

Himax Technologies, Inc. passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

3.09x

For every $1 of reported earnings, Himax Technologies, Inc. generates $3.09 in operating cash flow ($152.8M OCF vs $49.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q3 2018.

Cash & Balance Sheet

Cash & Debt

$138.0M

YoY-25.2%

QoQ-25.2%

Himax Technologies, Inc. held $138.0M in cash as of Q3 2018; long-term debt is not reported for that period.

Shares Outstanding

344M

YoY+0.1%

QoQ+0.1%

Himax Technologies, Inc. had 344M shares outstanding in Q3 2018. This represents an increase of 0.1% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Free Cash Flow

Not reported for Q3 2018.

Dividends Per Share

Not reported for Q3 2018.

Margins & Returns

None of these metrics is reported for Q3 2018.

Capital Allocation

None of these metrics is reported for Q3 2018.

HIMX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

HIMX quarterly income statement

Metric	FY2520-F	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Revenue	$945.4M	$685.2M-14.7%	$802.9M+16.1%	$691.8M-17.7%	$840.5M+9.1%	$770.7M+4.5%	$737.3M+16.5%	$633.0M-1.5%	$642.7M-7.2%	$692.4M
Cost of Revenue	N/A	$518.1M-14.9%	$608.6M+15.1%	$528.7M-16.7%	$634.7M+9.6%	$578.9M+2.2%	$566.7M+11.7%	$507.4M0.0%	$507.6M-7.8%	$550.6M
Gross Profit	N/A	$167.0M-14.0%	$194.3M+19.1%	$163.1M-20.8%	$205.9M+7.3%	$191.9M+12.5%	$170.6M+35.8%	$125.6M-7.0%	$135.0M-4.8%	$141.8M
R&D Expenses	N/A	$117.8M+22.9%	$95.8M+1.5%	$94.4M+2.8%	$91.8M+14.3%	$80.4M+13.3%	$70.9M-10.3%	$79.0M+3.4%	$76.4M+7.1%	$71.4M
SG&A Expenses	N/A	$20.6M+2.5%	$20.1M+8.9%	$18.5M-8.5%	$20.2M+11.3%	$18.1M+5.9%	$17.1M+0.3%	$17.1M-8.9%	$18.8M+14.8%	$16.3M
Operating Income	N/A	$8.2M-86.2%	$59.2M+93.1%	$30.7M-57.8%	$72.7M-2.2%	$74.3M+10.9%	$67.1M+303.8%	$16.6M-53.0%	$35.4M-18.8%	$43.5M
EBITDA	N/A	$24.8M-66.0%	$73.0M+62.8%	$44.8M-48.7%	$87.3M-1.5%	$88.7M+10.3%	$80.4M+173.3%	$29.4M-40.0%	$49.0M-14.6%	$57.3M
Interest Expense	N/A	$565K-10.7%	$633K+23.2%	$514K-0.8%	$518K+29.2%	$401K+13.9%	$352K-22.6%	$455K+150.0%	$182K+5966.7%	$3K
Income Tax	-$5.0M	$4.5M-57.6%	$10.7M-6.4%	$11.4M-47.2%	$21.6M+10.9%	$19.5M+23.7%	$15.7M+115.7%	$7.3M+17.2%	$6.2M-21.3%	$7.9M
Net Income	$49.4M	$28.0M-45.1%	$50.9M+102.1%	$25.2M-62.2%	$66.6M+8.3%	$61.5M+19.1%	$51.6M+381.9%	$10.7M-67.8%	$33.2M-16.3%	$39.6M
EPS (Basic)	N/A	$0.08-46.7%	$0.15+114.3%	$0.07-63.2%	$0.19+5.6%	$0.18+20.0%	$0.15+400.0%	$0.03-66.7%	$0.09-18.2%	$0.11
EPS (Diluted)	N/A	$0.08-46.7%	$0.15+114.3%	$0.07-63.2%	$0.19+5.6%	$0.18+20.0%	$0.15+400.0%	$0.03-66.7%	$0.09-18.2%	$0.11
Diluted Shares (Avg)	350M	345M+0.1%	345M+0.2%	344M0.0%	344M+0.1%	344M+0.6%	342M-3.5%	354M-0.5%	356M	N/A

Metric	Q3'1810-K	Q3'1710-K	Q3'1610-K	Q3'1510-K	Q3'1410-K	Q3'1310-K	Q3'1210-K	Q3'1110-K

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

HIMX Balance Sheet

HIMX quarterly balance sheet

Metric	FY2520-F	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Total Assets	$1.6B	$802.1M+0.3%	$799.6M-0.3%	$802.3M-3.7%	$833.0M+9.7%	$759.3M+12.6%	$674.6M+4.6%	$645.0M+4.1%	$619.6M	N/A
Current Assets	$1.2B	$661.4M-5.9%	$703.0M+0.7%	$697.8M-4.4%	$729.6M+14.1%	$639.7M+12.8%	$567.1M+10.0%	$515.7M+6.1%	$485.9M	N/A
Cash & Equivalents	$218.1M	$138.0M-25.2%	$184.5M+42.1%	$129.8M-30.0%	$185.5M+45.7%	$127.3M-8.2%	$138.7M+30.7%	$106.2M+9.6%	$96.8M-12.7%	$110.9M
Short-Term Investments	N/A	$10.9M+7.1%	$10.2M-45.1%	$18.5M+678.8%	$2.4M+201.6%	$788K+358.1%	$172K+4.2%	$165K-98.1%	$8.6M	$0
Inventory	$158.7M	$135.2M-9.7%	$149.7M-12.6%	$171.4M+3.2%	$166.1M-6.4%	$177.4M+52.1%	$116.7M+3.3%	$113.0M-4.2%	$118.0M	N/A
Accounts Receivable	N/A	$187.6M-1.8%	$191.0M+7.8%	$177.2M-19.2%	$219.4M+9.3%	$200.7M+47.9%	$135.7M+34.0%	$101.3M+26.3%	$80.2M	N/A
Long-Term Investments	N/A	$0	$0	$0	$0	$0-100.0%	$12.7M-48.2%	$24.5M	$0	$0
Goodwill	$28.1M	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M+4.8%	$26.8M0.0%	$26.8M	N/A
Total Liabilities	$743.2M	$343.5M+4.8%	$327.8M-8.3%	$357.3M-1.0%	$361.0M+17.6%	$307.1M+24.6%	$246.4M-1.4%	$249.9M+17.5%	$212.6M	N/A
Current Liabilities	$706.6M	$337.2M+3.8%	$324.7M-7.9%	$352.7M-0.8%	$355.4M+17.0%	$303.8M+25.5%	$242.1M-1.3%	$245.4M+19.3%	$205.7M	N/A
Non-Current Liabilities	$36.6M	$6.3M+104.1%	$3.1M-33.2%	$4.6M-18.2%	$5.6M+71.9%	$3.3M-24.1%	$4.3M-5.2%	$4.6M-33.9%	$6.9M	N/A
Long-Term Debt	$3.5M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$896.3M	$456.6M-2.4%	$467.7M+6.6%	$438.7M-7.2%	$472.6M+5.1%	$449.8M+5.1%	$427.9M+8.8%	$393.4M-3.1%	$405.9M-4.3%	$424.1M
Retained Earnings	$664.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'1810-K	Q3'1710-K	Q3'1610-K	Q3'1510-K	Q3'1410-K	Q3'1310-K	Q3'1210-K	Q3'1110-K
Total Assets	$802.1M+0.3%	$799.6M-0.3%	$802.3M-3.7%	$833.0M+9.7%	$759.3M+12.6%	$674.6M+4.6%	$645.0M+4.1%	$619.6M
Current Assets	$661.4M-5.9%	$703.0M+0.7%	$697.8M-4.4%	$729.6M+14.1%	$639.7M+12.8%	$567.1M+10.0%	$515.7M+6.1%	$485.9M
Cash & Equivalents	$138.0M-25.2%	$184.5M+42.1%	$129.8M-30.0%	$185.5M+45.7%	$127.3M-8.2%	$138.7M+30.7%	$106.2M+9.6%	$96.8M
Short-Term Investments	$10.9M+7.1%	$10.2M-45.1%	$18.5M+678.8%	$2.4M+201.6%	$788K+358.1%	$172K+4.2%	$165K-98.1%	$8.6M
Inventory	$135.2M-9.7%	$149.7M-12.6%	$171.4M+3.2%	$166.1M-6.4%	$177.4M+52.1%	$116.7M+3.3%	$113.0M-4.2%	$118.0M
Accounts Receivable	$187.6M-1.8%	$191.0M+7.8%	$177.2M-19.2%	$219.4M+9.3%	$200.7M+47.9%	$135.7M+34.0%	$101.3M+26.3%	$80.2M
Long-Term Investments	$0	$0	$0	$0	$0-100.0%	$12.7M-48.2%	$24.5M	$0
Goodwill	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M+4.8%	$26.8M0.0%	$26.8M
Total Liabilities	$343.5M+4.8%	$327.8M-8.3%	$357.3M-1.0%	$361.0M+17.6%	$307.1M+24.6%	$246.4M-1.4%	$249.9M+17.5%	$212.6M
Current Liabilities	$337.2M+3.8%	$324.7M-7.9%	$352.7M-0.8%	$355.4M+17.0%	$303.8M+25.5%	$242.1M-1.3%	$245.4M+19.3%	$205.7M
Non-Current Liabilities	$6.3M+104.1%	$3.1M-33.2%	$4.6M-18.2%	$5.6M+71.9%	$3.3M-24.1%	$4.3M-5.2%	$4.6M-33.9%	$6.9M
Total Equity	$456.6M-2.4%	$467.7M+6.6%	$438.7M-7.2%	$472.6M+5.1%	$449.8M+5.1%	$427.9M+8.8%	$393.4M-3.1%	$405.9M

Not reported in any period shown, so not listed: Long-Term Debt, Retained Earnings.

HIMX Cash Flow Statement

HIMX quarterly cash flow statement

Metric	FY2520-F	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Operating Cash Flow	$152.8M	$29.4M-65.3%	$84.7M+275.8%	$22.5M-76.0%	$93.7M+83.3%	$51.1M-2.0%	$52.2M+20.1%	$43.4M-24.6%	$57.6M-21.7%	$73.6M
Depreciation & Amortization	$20.3M	$16.7M+21.3%	$13.8M-2.9%	$14.2M-2.9%	$14.6M+2.0%	$14.3M+7.6%	$13.3M+3.9%	$12.8M-6.1%	$13.6M-1.2%	$13.8M
Stock-Based Compensation	N/A	$1.1M-7.4%	$1.2M-34.8%	$1.8M-5.8%	$1.9M+4.8%	$1.8M-5.0%	$1.9M-53.8%	$4.2M-33.6%	$6.3M-26.2%	$8.6M
Capital Expenditures	$23.4M	$39.8M+403.9%	$7.9M-20.8%	$10.0M-8.7%	$10.9M-40.6%	$18.4M+180.7%	$6.6M-65.2%	$18.9M+163.0%	$7.2M-32.3%	$10.6M
Free Cash Flow	$129.5M	-$10.4M-113.6%	$76.8M+511.9%	$12.5M-84.8%	$82.8M+153.1%	$32.7M-28.3%	$45.6M+85.5%	$24.6M-51.3%	$50.5M-20.0%	$63.0M
Investing Cash Flow	-$88.9M	-$35.1M-392.3%	-$7.1M+74.9%	-$28.3M	N/A	-$30.5M-4292.1%	-$695K+93.2%	-$10.2M+42.1%	-$17.6M-133.4%	-$7.5M
Financing Cash Flow	-$93.6M	-$41.2M-81.4%	-$22.7M+54.2%	-$49.6M	N/A	-$32.1M-69.6%	-$18.9M+21.2%	-$24.0M+55.7%	-$54.2M+40.3%	-$90.8M
Dividends Paid	$83.7M	$41.3M+84.7%	$22.3M-56.5%	$51.4M+11.6%	$46.0M+8.6%	$42.4M+296.9%	$10.7M-49.7%	$21.2M-51.9%	$44.1M-20.5%	$55.5M
Share Buybacks	$832K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'1810-K	Q3'1710-K	Q3'1610-K	Q3'1510-K	Q3'1410-K	Q3'1310-K	Q3'1210-K	Q3'1110-K

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

HIMX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

HIMX quarterly financial ratios

Metric	FY2520-F	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Gross Margin	N/A	24.4%+0.2pp	24.2%+0.6pp	23.6%-0.9pp	24.5%-0.4pp	24.9%+1.8pp	23.1%+3.3pp	19.8%-1.2pp	21.0%+0.5pp	20.5%
Operating Margin	N/A	1.2%-6.2pp	7.4%+3.0pp	4.4%-4.2pp	8.6%-1.0pp	9.7%+0.6pp	9.1%+6.5pp	2.6%-2.9pp	5.5%-0.8pp	6.3%
Net Margin	5.2%	4.1%-2.3pp	6.3%+2.7pp	3.6%-4.3pp	7.9%-0.1pp	8.0%+1.0pp	7.0%+5.3pp	1.7%-3.5pp	5.2%-0.6pp	5.7%
Return on Equity	5.5%	6.1%-4.8pp	10.9%+5.1pp	5.7%-8.3pp	14.1%+0.4pp	13.7%+1.6pp	12.1%+9.3pp	2.7%-5.5pp	8.2%-1.2pp	9.3%
Return on Assets	3.0%	3.5%-2.9pp	6.4%+3.2pp	3.1%-4.9pp	8.0%-0.1pp	8.1%+0.5pp	7.6%+6.0pp	1.7%-3.7pp	5.4%	N/A
Current Ratio	1.65	1.96-0.2x	2.16+0.2x	1.98-0.1x	2.05-0.1x	2.11-0.2x	2.34+0.2x	2.10-0.3x	2.36	N/A
Debt-to-Equity	0.00	0.75+0.1x	0.70-0.1x	0.81+0.1x	0.76+0.1x	0.68+0.1x	0.58-0.1x	0.64+0.1x	0.52	N/A
Asset Turnover	0.58	0.85-0.1x	1.00+0.1x	0.86-0.1x	1.010.0x	1.01-0.1x	1.09+0.1x	0.98-0.1x	1.04	N/A
FCF Margin	13.7%	-1.5%-11.1pp	9.6%+7.8pp	1.8%-8.0pp	9.8%+5.6pp	4.2%-1.9pp	6.2%+2.3pp	3.9%-4.0pp	7.8%-1.2pp	9.1%

Metric	Q3'1810-K	Q3'1710-K	Q3'1610-K	Q3'1510-K	Q3'1410-K	Q3'1310-K	Q3'1210-K	Q3'1110-K
Current Ratio	1.96-0.2x	2.16+0.2x	1.98-0.1x	2.05-0.1x	2.11-0.2x	2.34+0.2x	2.10-0.3x	2.36
Debt-to-Equity	0.75+0.1x	0.70-0.1x	0.81+0.1x	0.76+0.1x	0.68+0.1x	0.58-0.1x	0.64+0.1x	0.52

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Himax Technologies, Inc. HIMX	FY2025	$945.4M	$49.4M	5.2%	$2.0B	—
nLIGHT, Inc. LASR	FY2025	$261.3M	-$23.5M	-9.0%	$1.9B	50/100
Navitas Semiconductor Corporation NVTS	FY2025	$45.9M	-$117.0M	N/A	$2.2B	47/100
MaxLinear, Inc. MXL	FY2025	$467.6M	-$136.7M	-29.2%	$6.5B	44/100
Alpha and Omega Semiconductor Limited AOSL	FY2026	$678.9M	-$42.3M	-6.2%	$659.1M	45/100
ChipMOS TECHNOLOGIES INC IMOS	FY2025	$762.9M	$17.6M	2.3%	$2.1B	41/100

Where Himax Technologies, Inc. Ranks

Frequently Asked Questions

What is Himax Technologies, Inc.'s annual revenue?

Himax Technologies, Inc. (HIMX) reported $945.4M in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is Himax Technologies, Inc. profitable?

Yes, Himax Technologies, Inc. (HIMX) reported a net income of $49.4M in fiscal year 2025, with a net profit margin of 5.2%.

How much debt does Himax Technologies, Inc. have?

As of fiscal year 2025, Himax Technologies, Inc. (HIMX) had $218.1M in cash and equivalents against $3.5M in long-term debt.

What is Himax Technologies, Inc.'s net profit margin?

Himax Technologies, Inc. (HIMX) had a net profit margin of 5.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Himax Technologies, Inc.'s return on equity (ROE)?

Himax Technologies, Inc. (HIMX) has a return on equity of 5.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Himax Technologies, Inc.'s free cash flow?

Himax Technologies, Inc. (HIMX) generated $129.5M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Himax Technologies, Inc.'s operating cash flow?

Himax Technologies, Inc. (HIMX) generated $152.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Himax Technologies, Inc.'s total assets?

Himax Technologies, Inc. (HIMX) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Himax Technologies, Inc.'s capital expenditures?

Himax Technologies, Inc. (HIMX) invested $23.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Himax Technologies, Inc. buy back shares?

Yes, Himax Technologies, Inc. (HIMX) spent $832K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Himax Technologies, Inc. have outstanding?

Himax Technologies, Inc. (HIMX) had 349M shares outstanding as of fiscal year 2025.

What is Himax Technologies, Inc.'s current ratio?

Himax Technologies, Inc. (HIMX) had a current ratio of 1.65 as of fiscal year 2025, which is generally considered healthy.

What is Himax Technologies, Inc.'s debt-to-equity ratio?

Himax Technologies, Inc. (HIMX) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Himax Technologies, Inc.'s return on assets (ROA)?

Himax Technologies, Inc. (HIMX) had a return on assets of 3.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Himax Technologies, Inc.'s P/E ratio?

Himax Technologies, Inc. (HIMX) trades at 41.1x earnings, its market capitalization divided by net income of $49.4M net income, FY2025. The market capitalization is $2.0B as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Himax Technologies, Inc.'s price-to-sales ratio?

Himax Technologies, Inc. (HIMX) trades at 2.1x sales, its market capitalization divided by revenue of $945.4M revenue, FY2025. The market capitalization is $2.0B as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Himax Technologies, Inc.'s Piotroski F-Score?

Himax Technologies, Inc. (HIMX) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Himax Technologies, Inc.'s earnings high quality?

Himax Technologies, Inc. (HIMX) has an earnings quality ratio of 3.09x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.