Taiwan Total Current Assets vs Net Tangible Assets Analysis
| TSM Stock | USD 138.30 1.72 1.26% |
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 Total Current Assets and its Net Tangible Assets 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.
Total Current Assets vs Net Tangible Assets
Total Current Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taiwan Semiconductor Total Current Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Taiwan Semiconductor's Total Current Assets and Net Tangible Assets is 0.92. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Tangible Assets 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 Total Current Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Taiwan Semiconductor Manufacturing are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Current Assets i.e., Taiwan Semiconductor's Total Current Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 27th of April 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
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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 | 13.4B | |
| 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 | |
| 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 |
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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 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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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 5.15 | 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.