Micro-Star International Co., Ltd.(TW:2377)
NT$145.00+5.00 (+3.57%)
TW:2377
Micro-Star International Co., Ltd. financials statements
NT$145.00
At close:+5.00 (+3.57%)
Micro-Star International Co., Ltd. (2377) Ratios
Micro-Star International Co., Ltd. Ratios
TW:2377's free cash flow for Q2 2026 was NT$-4.08B. For the 2026 fiscal year, TW:2377's free cash flow was decreased by NT$-427.53M and operating cash flow was NT$-3.66B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.84 | 2.04 | 2.08 | 2.09 | 1.74 |
| Quick Ratio | 1.03 | 1.18 | 1.24 | 1.31 | 1.03 |
| Cash Ratio | 0.53 | 0.54 | 0.65 | 0.73 | 0.44 |
| Solvency Ratio | 0.11 | 0.19 | 0.22 | 0.30 | 0.33 |
| Operating Cash Flow Ratio | 0.07 | 0.12 | 0.13 | 0.42 | 0.23 |
| Short-Term Operating Cash Flow Coverage | 0.88 | 0.00 | 0.00 | 8.63 | 6.31 |
| Net Current Asset Value | NT$ 42.25B | NT$ 43.46B | NT$ 41.83B | NT$ 40.14B | NT$ 39.01B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.10 | 0.01 | 0.01 | 0.01 | 0.02 |
| Debt-to-Equity Ratio | 0.21 | 0.02 | 0.01 | 0.01 | 0.05 |
| Debt-to-Capital Ratio | 0.18 | 0.02 | 0.01 | 0.01 | 0.05 |
| Long-Term Debt-to-Capital Ratio | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 2.22 | 1.83 | 1.80 | 1.79 | 2.16 |
| Debt Service Coverage Ratio | 1.39 | 184.67 | 322.26 | 6.16 | 9.01 |
| Interest Coverage Ratio | 47.20 | 162.28 | 318.55 | 323.46 | 1104.61 |
| Debt to Market Cap | 0.13 | 0.00 | 0.00 | 0.02 | 0.01 |
| Interest Debt Per Share | 14.01 | 1.12 | 0.83 | 0.73 | 2.79 |
| Net Debt to EBITDA | -2.49 | -2.24 | -2.38 | -1.96 | -0.97 |
| Profitability Margins | |||||
| Gross Profit Margin | 10.95% | 12.23% | 12.49% | 14.26% | 18.95% |
| EBIT Margin | 2.78% | 4.32% | 5.03% | 6.83% | 10.23% |
| EBITDA Margin | 3.38% | 5.00% | 5.77% | 7.61% | 10.85% |
| Operating Profit Margin | 2.78% | 3.63% | 4.82% | 6.86% | 10.24% |
| Pretax Profit Margin | 3.05% | 4.30% | 5.02% | 6.81% | 10.22% |
| Net Profit Margin | 2.50% | 3.43% | 4.12% | 5.52% | 8.38% |
| Continuous Operations Profit Margin | 2.50% | 3.43% | 4.12% | 5.52% | 8.38% |
| Net Income Per EBT | 81.83% | 79.84% | 82.09% | 81.10% | 82.02% |
| EBT Per EBIT | 109.96% | 118.38% | 104.16% | 99.32% | 99.84% |
| Return on Assets (ROA) | 4.75% | 7.03% | 8.32% | 11.47% | 16.68% |
| Return on Equity (ROE) | 10.53% | 12.85% | 15.01% | 20.58% | 35.94% |
| Return on Capital Employed (ROCE) | 10.29% | 13.32% | 17.24% | 25.13% | 43.27% |
| Return on Invested Capital (ROIC) | 7.81% | 10.56% | 14.07% | 19.57% | 33.93% |
| Return on Tangible Assets | 4.75% | 7.03% | 8.32% | 11.47% | 16.72% |
| Earnings Yield | 7.08% | 4.38% | 4.37% | 9.87% | 12.48% |
| Efficiency Ratios | |||||
| Receivables Turnover | 8.46 | 8.43 | 8.91 | 9.34 | 6.73 |
| Payables Turnover | 5.63 | 6.05 | 6.55 | 6.27 | 4.82 |
| Inventory Turnover | 4.29 | 4.71 | 4.79 | 5.28 | 4.31 |
| Fixed Asset Turnover | 23.26 | 26.47 | 30.71 | 29.31 | 33.07 |
| Asset Turnover | 1.90 | 2.05 | 2.02 | 2.08 | 1.99 |
| Working Capital Turnover Ratio | 4.88 | 4.53 | 4.37 | 4.47 | 5.86 |
| Cash Conversion Cycle | 63.37 | 60.40 | 61.41 | 49.99 | 63.17 |
| Days of Sales Outstanding | 43.13 | 43.27 | 40.96 | 39.07 | 54.22 |
| Days of Inventory Outstanding | 85.09 | 77.46 | 76.15 | 69.13 | 84.66 |
| Days of Payables Outstanding | 64.85 | 60.34 | 55.70 | 58.21 | 75.72 |
| Operating Cycle | 128.22 | 120.73 | 117.11 | 108.20 | 138.89 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 4.74 | 5.92 | 5.88 | 18.51 | 14.93 |
| Free Cash Flow Per Share | 0.53 | 3.19 | 5.11 | 17.54 | 13.08 |
| Dividend Paid and CapEx Coverage Ratio | 0.51 | 0.73 | 0.80 | 1.61 | 1.88 |
| Capital Expenditure Coverage Ratio | 1.13 | 2.17 | 7.71 | 19.04 | 8.08 |
| Operating Cash Flow Coverage Ratio | 0.34 | 5.56 | 7.38 | 26.93 | 5.39 |
| Operating Cash Flow to Sales Ratio | 0.02 | 0.03 | 0.03 | 0.09 | 0.06 |
| Free Cash Flow Yield | 0.55% | 1.74% | 2.51% | 14.68% | 8.15% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 14.13 | 22.82 | 22.87 | 10.14 | 8.01 |
| Price-to-Sales (P/S) Ratio | 0.35 | 0.78 | 0.94 | 0.56 | 0.67 |
| Price-to-Book (P/B) Ratio | 1.49 | 2.93 | 3.43 | 2.09 | 2.88 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 181.27 | 57.54 | 39.90 | 6.81 | 12.27 |
| Price-to-Operating Cash Flow Ratio | 20.29 | 31.00 | 34.72 | 6.46 | 10.75 |
| Price-to-Earnings Growth (PEG) Ratio | -0.92 | -2.31 | -0.94 | -0.25 | 0.07 |
| Enterprise Value Multiple | 7.95 | 13.43 | 13.94 | 5.40 | 5.22 |
| Enterprise Value | 61.81B | 132.89B | 147.18B | 74.07B | 114.28B |
| EV to EBITDA | 7.95 | 13.43 | 13.94 | 5.40 | 5.22 |
| EV to Sales | 0.27 | 0.67 | 0.80 | 0.41 | 0.57 |
| EV to Free Cash Flow | 137.99 | 49.32 | 34.08 | 5.00 | 10.34 |
| EV to Operating Cash Flow | 15.45 | 26.57 | 29.66 | 4.74 | 9.06 |
| Tangible Book Value Per Share | 64.63 | 62.58 | 59.42 | 57.29 | 55.44 |
| Shareholders’ Equity Per Share | 64.63 | 62.58 | 59.42 | 57.29 | 55.73 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.18 | 0.20 | 0.18 | 0.19 | 0.18 |
| Revenue Per Share | 272.47 | 234.20 | 216.66 | 213.54 | 238.87 |
| Net Income Per Share | 6.80 | 8.04 | 8.92 | 11.79 | 20.03 |
| Tax Burden | 0.82 | 0.80 | 0.82 | 0.81 | 0.82 |
| Interest Burden | 1.10 | 0.99 | 1.00 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.02 | 0.03 | 0.02 | 0.02 | 0.03 |
| SG&A to Revenue | 0.06 | 0.06 | 0.05 | 0.06 | 0.06 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 0.70 | 0.59 | 0.66 | 1.27 | 0.61 |
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