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Capital management
12 Months Ended
Dec. 31, 2023
Capital management  
Capital management

Note 25.  Capital management

Through clear understanding and managing of significant changes in external environment, related industry characteristics, and corporate growth plan, the Company manages its capital structure in a manner to ensure it has sufficient financial resources to fund its working capital needs, capital expenditures, research and development activities, dividend payments and other business requirements associated with its existing operations over the next 12 months.

There were no changes in the Company’s approach to capital management during the year ended December 31,2023. Neither the Company nor its subsidiaries are subject to externally imposed capital managements.

December 31, 

December 31, 

    

2022

    

2023

(in thousands)

Total liabilities

$

807,937

 

779,702

Less: cash and cash equivalents

 

221,581

 

191,749

$

586,356

 

587,953

Equity attributable to owners of Himax Technologies, Inc.

$

892,572

 

856,768