vvincii we show the working

← Kulicke & Soffa Industries

The business behind the dividend

MeasureKLICMedianFormula
Return on equity0.0%11.7%Net income ÷ shareholders’ equity
Return on capital employedOperating income ÷ (equity + total debt)
Owner earnings$984.00k$632.00mNet income + depreciation & amortisation − capital expenditure
Free cash flow$96.36m$746.10mOperating cash flow − capital expenditure
Operating margin-0.5%15.0%Operating income ÷ revenue
Net margin0.0%10.2%Net income ÷ revenue
Debt to equityTotal debt ÷ shareholders’ equity
Interest cover-24.06x4.43xOperating income ÷ interest expense
Current ratio4.79x1.25xCurrent assets ÷ current liabilities
Long-term debt to working capitalLong-term debt ÷ (current assets − current liabilities)
Cash conversionOperating cash flow ÷ net income

Not computed here: Debt to equity, Long-term debt to working capital, Return on capital employed — why a blank is not a zero.

Ten years of it

The same measures, for every year the filings support. One year is a fact; a row is a business.

Measure2025202420232022202120202019201820172016Median
Return on equity0.0%-7.3%4.9%36.3%33.5%6.9%1.5%6.4%13.7%6.1%6.1%
Operating margin-0.5%-13.1%5.3%31.3%27.2%9.4%4.0%18.7%14.0%8.6%8.6%
Net margin0.0%-9.8%7.7%28.8%24.2%8.4%2.2%6.4%15.6%7.7%7.7%
Current ratio4.79x5.41x6.55x5.36x3.84x5.45x5.12x5.67x4.94x6.20x5.36x
Cash conversion3.03x0.90x0.82x1.81x5.66x2.18x1.08x1.41x1.81x

How it compares in technology

Among the 42 technology companies here measured on free cash flow, Kulicke & Soffa Industries pays out less than 4 of them. The median for that group is 28.6%, against this company’s 56.1%.

Closest on free cash flow

Same sector and same denominator, so the figures are comparable. All 46 in technology →