Taiwan Semiconductor Manufacturing Stock Current Ratio
| TSM Stock | USD 132.97 0.46 0.34% |
Taiwan Semiconductor Manufacturing fundamentals help investors to digest information that contributes to Taiwan Semiconductor's financial success or failures. It also enables traders to predict the movement of Taiwan Stock. The fundamental analysis module provides a way to measure Taiwan Semiconductor's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Taiwan Semiconductor stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 2.40 | 3.22 |
Taiwan | Current Ratio |
Taiwan Semiconductor Manufacturing Company Current Ratio Analysis
Taiwan Semiconductor's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Taiwan Semiconductor Current Ratio | 2.49 X |
Most of Taiwan Semiconductor's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Taiwan Semiconductor Manufacturing is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Taiwan Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Taiwan Semiconductor is extremely important. It helps to project a fair market value of Taiwan Stock properly, considering its historical fundamentals such as Current Ratio. Since Taiwan Semiconductor's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Taiwan Semiconductor's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Taiwan Semiconductor's interrelated accounts and indicators.
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Taiwan Current Ratio Historical Pattern
Today, most investors in Taiwan Semiconductor Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Taiwan Semiconductor's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Taiwan Semiconductor current ratio as a starting point in their analysis.
Taiwan Semiconductor Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Taiwan Semiconductor Manufacturing has a Current Ratio of 2.49 times. This is 12.01% lower than that of the Semiconductors & Semiconductor Equipment sector and 36.8% lower than that of the Information Technology industry. The current ratio for all United States stocks is 15.28% lower than that of the firm.
Taiwan Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Taiwan Semiconductor's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Taiwan Semiconductor could also be used in its relative valuation, which is a method of valuing Taiwan Semiconductor by comparing valuation metrics of similar companies.Taiwan Semiconductor is currently under evaluation in current ratio category among related companies.
Taiwan Semiconductor Current Valuation Drivers
We derive many important indicators used in calculating different scores of Taiwan Semiconductor from analyzing Taiwan Semiconductor's financial statements. These drivers represent accounts that assess Taiwan Semiconductor's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Taiwan Semiconductor's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.3T | 5.8T | 79.4T | 86.3T | 77.7T | 81.5T | |
| Enterprise Value | 5.9T | 5.4T | 79.1T | 86.0T | 77.4T | 81.2T |
Taiwan Fundamentals
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.38 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 2.54 T | ||||
| Shares Outstanding | 5.19 B | ||||
| Shares Owned By Institutions | 17.16 % | ||||
| Number Of Shares Shorted | 24.82 M | ||||
| Price To Earning | 21.27 X | ||||
| Price To Book | 6.88 X | ||||
| Price To Sales | 0.34 X | ||||
| Revenue | 2.16 T | ||||
| Gross Profit | 1.35 T | ||||
| EBITDA | 1.45 T | ||||
| Net Income | 838.5 B | ||||
| Cash And Equivalents | 13.52 B | ||||
| Cash Per Share | 7.23 X | ||||
| Total Debt | 959.07 B | ||||
| Debt To Equity | 0.31 % | ||||
| Current Ratio | 2.49 X | ||||
| Book Value Per Share | 140.21 X | ||||
| Cash Flow From Operations | 1.24 T | ||||
| Short Ratio | 1.37 X | ||||
| Earnings Per Share | 5.16 X | ||||
| Price To Earnings To Growth | 1.63 X | ||||
| Target Price | 149.83 | ||||
| Beta | 1.24 | ||||
| Market Capitalization | 692.1 B | ||||
| Total Asset | 5.53 T | ||||
| Retained Earnings | 2.88 T | ||||
| Working Capital | 1.25 T | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.64 % | ||||
| Net Asset | 5.53 T | ||||
| Last Dividend Paid | 10.0 |
About Taiwan Semiconductor Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Taiwan Semiconductor Manufacturing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taiwan Semiconductor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taiwan Semiconductor Manufacturing based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Taiwan Semiconductor is a strong investment it is important to analyze Taiwan Semiconductor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Taiwan Semiconductor's future performance. For an informed investment choice regarding Taiwan Stock, refer to the following important reports:Check out Taiwan Semiconductor Piotroski F Score and Taiwan Semiconductor Altman Z Score analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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When running Taiwan Semiconductor's price analysis, check to measure Taiwan Semiconductor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Taiwan Semiconductor is operating at the current time. Most of Taiwan Semiconductor's value examination focuses on studying past and present price action to predict the probability of Taiwan Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Semiconductor's price. Additionally, you may evaluate how the addition of Taiwan Semiconductor to your portfolios can decrease your overall portfolio volatility.
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Is Taiwan Semiconductor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taiwan Semiconductor. If investors know Taiwan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taiwan Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.09 | Dividend Share 10 | Earnings Share 5.16 | Revenue Per Share 54.1313 | Quarterly Revenue Growth 0.165 |
The market value of Taiwan Semiconductor is measured differently than its book value, which is the value of Taiwan that is recorded on the company's balance sheet. Investors also form their own opinion of Taiwan Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Taiwan Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taiwan Semiconductor's market value can be influenced by many factors that don't directly affect Taiwan Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taiwan Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Taiwan Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taiwan Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.