Taiwan Return On Assets vs Total Current Liabilities Analysis
| TSM Stock | USD 136.23 1.29 0.96% |
Taiwan Semiconductor financial indicator trend analysis is much more than just breaking down Taiwan Semiconductor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taiwan Semiconductor is a good investment. Please check the relationship between Taiwan Semiconductor Return On Assets and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taiwan Semiconductor Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Return On Assets vs Total Current Liabilities
Return On Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taiwan Semiconductor Return On Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Taiwan Semiconductor's Return On Assets and Total Current Liabilities is -0.04. Overlapping area represents the amount of variation of Return On Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Taiwan Semiconductor Manufacturing, assuming nothing else is changed. The correlation between historical values of Taiwan Semiconductor's Return On Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Return On Assets of Taiwan Semiconductor Manufacturing are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Return On Assets i.e., Taiwan Semiconductor's Return On Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.04 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Return On Assets
A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.Total Current Liabilities
Total Current Liabilities is an item on Taiwan Semiconductor balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Taiwan Semiconductor Manufacturing are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Taiwan Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taiwan Semiconductor current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taiwan Semiconductor Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Taiwan Semiconductor's Selling General Administrative is very stable compared to the past year. As of the 2nd of May 2024, Enterprise Value Over EBITDA is likely to grow to 59.40, while Tax Provision is likely to drop about 76.7 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.4B | 11.7B | 18.3B | 19.2B | Depreciation And Amortization | 441.0B | 468.5B | 532.2B | 558.8B |
Taiwan Semiconductor fundamental ratios Correlations
Click cells to compare fundamentals
Taiwan Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Taiwan Semiconductor fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.3T | 2.8T | 3.7T | 5.0T | 5.5T | 5.8T | |
| Short Long Term Debt Total | 158.7B | 365.2B | 749.1B | 888.2B | 959.1B | 1.0T | |
| Other Current Liab | 32.8B | 2.7B | 5.3B | 584.7B | 789.8B | 829.3B | |
| Total Current Liabilities | 590.7B | 617.2B | 739.5B | 944.2B | 913.6B | 959.3B | |
| Total Stockholder Equity | 1.6T | 1.8T | 2.2T | 2.9T | 3.5T | 3.6T | |
| Property Plant And Equipment Net | 1.4T | 1.6T | 2.0T | 2.7T | 3.1T | 3.3T | |
| Net Debt | (296.7B) | (295.0B) | (315.9B) | (454.6B) | (506.4B) | (481.0B) | |
| Retained Earnings | 1.3T | 1.6T | 1.9T | 2.6T | 2.9T | 3.0T | |
| Accounts Payable | 179.6B | 196.8B | 193.0B | 268.4B | 57.3B | 61.8B | |
| Cash | 455.4B | 660.2B | 1.1T | 1.3T | 1.5T | 1.5T | |
| Non Current Assets Total | 1.4T | 1.7T | 2.1T | 2.9T | 3.3T | 3.5T | |
| Non Currrent Assets Other | 3.8B | 5.8B | 5.2B | 12.0B | 17.1B | 12.2B | |
| Cash And Short Term Investments | 594.5B | 802.2B | 1.2T | 1.6T | 1.7T | 1.8T | |
| Net Receivables | 139.8B | 146.1B | 198.4B | 231.4B | 202.0B | 212.1B | |
| Short Term Investments | 139.1B | 142.0B | 140.1B | 243.7B | 222.3B | 233.5B | |
| Liabilities And Stockholders Equity | 2.3T | 2.8T | 3.7T | 5.0T | 5.5T | 5.8T | |
| Non Current Liabilities Total | 52.0B | 292.9B | 815.3B | 1.1T | 1.1T | 1.2T | |
| Inventory | 83.0B | 137.4B | 193.1B | 221.1B | 251.0B | 263.5B | |
| Other Current Assets | 5.3B | 6.6B | 10.5B | 12.9B | 53.3B | 55.9B | |
| Other Stockholder Equity | (293.1B) | (306.0B) | (368.3B) | (262.7B) | 24.1B | 25.3B | |
| Total Liab | 642.7B | 910.1B | 1.6T | 2.0T | 2.0T | 2.2T | |
| Property Plant And Equipment Gross | 1.4T | 1.6T | 5.3T | 6.4T | 7.3T | 7.6T | |
| Total Current Assets | 822.6B | 1.1T | 1.6T | 2.1T | 2.2T | 2.3T | |
| Accumulated Other Comprehensive Income | 321.8B | 307.6B | 370.5B | 311.5B | 292.9B | 307.5B | |
| Short Term Debt | 118.5B | 88.6B | 114.9B | 19.3B | 12.1B | 11.5B | |
| Current Deferred Revenue | 259.8B | 329.1B | 426.3B | 71.9B | 54.4B | 60.4B | |
| Other Liab | 11.8B | 16.3B | 205.2B | 191.2B | 219.9B | 230.9B | |
| Other Assets | 21.8B | 31.7B | 3.7T | 5.0T | 1.0 | 0.95 | |
| Long Term Debt | 25.1B | 254.1B | 610.1B | 839.1B | 918.3B | 964.2B | |
| Property Plant Equipment | 1.4T | 1.6T | 2.1T | 2.7T | 3.1T | 3.3T | |
| Good Will | 5.7B | 5.4B | 5.4B | 5.8B | 5.8B | 4.5B | |
| Intangible Assets | 15.0B | 20.3B | 21.4B | 20.2B | 17.0B | 11.0B | |
| Net Tangible Assets | 1.6T | 1.8T | 2.2T | 2.9T | 3.4T | 3.5T | |
| Long Term Investments | 30.1B | 27.7B | 29.4B | 68.9B | 129.3B | 135.7B | |
| Short Long Term Debt | 150.3B | 88.6B | 119.5B | 19.3B | 9.3B | 8.8B | |
| Long Term Debt Total | 40.1B | 254.1B | 610.1B | 868.9B | 999.2B | 1.0T | |
| Capital Surpluse | 56.3B | 56.3B | 64.8B | 69.3B | 79.7B | 64.9B |
Taiwan Semiconductor Investors Sentiment
The influence of Taiwan Semiconductor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Taiwan. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Taiwan Semiconductor's public news can be used to forecast risks associated with an investment in Taiwan. The trend in average sentiment can be used to explain how an investor holding Taiwan can time the market purely based on public headlines and social activities around Taiwan Semiconductor Manufacturing. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Taiwan Semiconductor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Taiwan Semiconductor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Taiwan Semiconductor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Taiwan Semiconductor.
Taiwan Semiconductor Implied Volatility | 48.24 |
Taiwan Semiconductor's implied volatility exposes the market's sentiment of Taiwan Semiconductor Manufacturing stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Taiwan Semiconductor's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Taiwan Semiconductor stock will not fluctuate a lot when Taiwan Semiconductor's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Taiwan Semiconductor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Taiwan Semiconductor's short interest history, or implied volatility extrapolated from Taiwan Semiconductor options trading.
Currently Active Assets on Macroaxis
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Taiwan Semiconductor Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Taiwan Stock analysis
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.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |
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 5.17 | 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.