MAGNACHIP SEMICONDUCTOR Corp company info

CIK 1325702
IRS Number 830406195
State of incorporation DE
Business address C/O MAGNACHIP SEMICONDUCTOR S.A.
74, RUE DE MERL
LUXEMBOURG
N4
L-2146
Mail address C/O MAGNACHIP SEMICONDUCTOR S.A.
74, RUE DE MERL
LUXEMBOURG
N4
L-2146

Short summary

MAGNACHIP SEMICONDUCTOR Corp is a Luxembourg company, with head office located at C/O Magnachip Semiconductor S.A. Luxembourg, Luxembourg L-2146. In 2018 the company owned a total of 587.82 million USD worth of assets, including 355.65 million USD worth of current assets. 2012 was the year when the company amassed the most assets.

MAGNACHIP SEMICONDUCTOR Corp Income Statement

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Cost of Goods and Services Sold 531.74491.78552.80
Gross Profit 243.56199.53243.25155.07152.86134.86156.23187.89198.10
Selling, General and Administrative Expense 66.6468.3782.6885.77126.9594.3883.5581.7872.64
Research and development 83.5276.7776.2687.8692.7783.4272.1870.5278.04
Operating Expenses 158.93181.84229.99177.80153.49148.66150.68
Operating Income (Loss) 91.3972.9484.32-26.77-77.13-42.932.7439.2447.42
Interest expense 22.9024.9822.60
Other Nonoperating Income (Expense) -0.71-1.053.893.612.361.782.992.900.26
Income Tax Expense (Benefit) 8.398.0212.853.971.52-15.093.741.164.65
Net income 74.1221.79110.04-64.20-117.23-84.87-29.6284.94-3.90

MAGNACHIP SEMICONDUCTOR Corp Balance Sheet

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Cash and cash equivalents 141.31177.76155.76192.64141.0072.6783.91131.52131.68123.75
Accounts Receivable, Net, Current 123.79135.09165.1872.1167.7854.7076.0185.5796.77
Inventories 86.8375.4276.3489.9871.8070.4458.1457.4667.19
Property, Plant and Equipment, Gross 292.05345.96401.47359.04350.42374.58417.56436.79
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 87.09114.70155.88167.03180.56203.63235.89259.38
Goodwill 3.123.133.35
Intangible Assets, Net (Excluding Goodwill) 24.1818.1410.07
Other Assets, Noncurrent 21.2617.3815.4215.1712.886.574.495.859.23
Total assets 655.25645.70808.36630.35472.49465.66502.03571.09587.82
Current assets 412.58387.03475.04334.34238.65257.86292.83350.38355.65
Accounts payable 73.9192.9176.1881.5373.81
Taxes Payable, Current 16.9320.0325.5229.2014.0116.5419.2621.84
Total current liabilities 149.68170.82160.06181.50148.66169.19130.03139.96158.30
Long-term Debt, Excluding Current Maturities 212.44201.52201.80223.98224.10220.72302.38304.49303.58
Deferred income taxes 0.000.000.000.260.22
Total liabilities 465.44475.16491.94570.73527.18535.99572.52604.89635.73
Common Stock, Value, Issued 0.390.400.400.410.410.410.420.430.43
Retained Earnings (Accumulated Deficit) 126.26113.55284.2899.29-62.00-105.90-90.15-51.15-79.95
Accumulated Other Comprehensive Income (Loss), Net of Tax -34.82-14.70-24.83-66.52-23.79-0.04-12.33-20.06-6.07

MAGNACHIP SEMICONDUCTOR Corp Cash Flow

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Net income 74.1221.79110.04-64.20-117.23-84.87-29.6284.94-3.90
Depreciation 41.8123.3525.9328.4826.1324.9427.5031.23
Amortization of Intangible Assets 9.419.046.791.510.360.480.650.82
Depreciation and amortization 58.4051.2232.0732.7329.9926.4925.4228.1532.05
Deferred Income Tax Expense (Benefit) 1.371.38-62.70
Accounts receivable 41.376.23-5.76-26.761.67-3.30-0.2922.21-8.29
Inventories 3.17-4.3619.07-9.593.38-12.930.568.0830.68
Accounts payable -5.0518.14-1.74-3.11-1.53-12.61-4.1610.32-8.39
Deferred revenue 2.81-0.838.141.67-3.95
Net Cash Provided by (Used in) Operating Activities 106.39104.53121.109.37-20.2539.24
Payments to Acquire Property, Plant, and Equipment 43.6248.1758.5442.4817.426.3518.7332.6628.95
Payments to Acquire Businesses, Net of Cash Acquired 8.64
Payments to Acquire Intangible Assets 0.700.880.610.960.741.051.210.96
Net Cash Provided by (Used in) Investing Activities -43.73-57.16-63.531.04-35.37-33.31
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -56.10-60.54-44.10-16.70-3.39-15.87-17.74
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 2.821.262.00
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 2.821.262.00
Proceeds from Issuance of Common Stock 9.340.9611.380.073.441.73
Payments for Repurchase of Common Stock 11.7928.135111.401.61
Net Cash Provided by (Used in) Financing Activities 42.46-59.08-30.131.7372.691.29
Cash and Cash Equivalents, Period Increase (Decrease) 107.25-10.0620.13-28.63-51.17-11.55-7.5345.22