United Microelectronics

NYSE UMC

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United Microelectronics Quick Ratio for the year ending December 31, 2023: 1.82

United Microelectronics Quick Ratio is 1.82 for the year ending December 31, 2023, a -10.71% change year over year. The quick ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations using its most liquid assets. It is calculated by dividing the current assets minus inventory by the current liabilities. This ratio provides insights into the company's liquidity position and its ability to pay off current liabilities without relying on inventory sales. A higher ratio suggests a stronger ability to meet short-term obligations with readily available assets.
  • United Microelectronics Quick Ratio for the year ending December 31, 2022 was 2.04, a 2.23% change year over year.
  • United Microelectronics Quick Ratio for the year ending December 31, 2021 was 1.99, a 10.06% change year over year.
  • United Microelectronics Quick Ratio for the year ending December 31, 2020 was 1.81, a -0.23% change year over year.
  • United Microelectronics Quick Ratio for the year ending December 31, 2019 was 1.82, a -26.33% change year over year.
NYSE: UMC

United Microelectronics

CEO Mr. Jia Cong Hung
IPO Date Sept. 19, 2000
Location Taiwan
Headquarters Hsinchu Science Park, Hsinchu City, Taiwan, 30078
Employees 20,000
Sector Technology
Industry Semiconductors
Description

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.

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StockViz Staff

September 20, 2024

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