Taiwan Research Development vs Selling General Administrative Analysis

TSM Stock  USD 190.08  1.16  0.61%   
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 Research Development and its Selling General Administrative 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 closely tied with the direction of predictive economic indicators such as signals in state.

Research Development vs Selling General Administrative

Research Development vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taiwan Semiconductor Research Development account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Taiwan Semiconductor's Research Development and Selling General Administrative is 0.97. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Selling General Administrative 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 Research Development and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Taiwan Semiconductor Manufacturing are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Research Development i.e., Taiwan Semiconductor's Research Development and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Research Development

Selling General Administrative

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 closely tied 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 24th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.03, while Tax Provision is likely to drop about 76.7 B.
 2021 2022 2023 2024 (projected)
Interest Expense5.4B11.7B12.0B12.6B
Depreciation And Amortization422.4B437.3B532.2B558.8B

Taiwan Semiconductor fundamental ratios Correlations

0.960.850.970.991.0-0.810.990.440.991.00.750.990.930.40.490.930.940.990.83-0.260.980.970.99-0.030.34
0.960.810.910.930.96-0.660.930.410.960.960.770.950.870.310.40.841.00.970.81-0.140.990.990.96-0.160.25
0.850.810.730.850.85-0.680.830.030.840.850.820.840.670.250.360.750.840.80.890.180.810.840.83-0.470.17
0.970.910.730.960.97-0.790.970.610.950.970.70.960.950.390.460.950.880.960.72-0.440.960.920.960.140.34
0.990.930.850.960.99-0.861.00.410.980.990.720.990.940.450.540.940.90.970.83-0.270.960.930.990.010.39
1.00.960.850.970.99-0.780.990.440.981.00.770.980.920.40.50.920.940.980.84-0.240.980.970.98-0.050.34
-0.81-0.66-0.68-0.79-0.86-0.78-0.86-0.36-0.84-0.77-0.45-0.85-0.84-0.46-0.5-0.86-0.62-0.78-0.560.45-0.71-0.68-0.84-0.24-0.41
0.990.930.830.971.00.99-0.860.470.980.980.720.990.950.410.50.960.90.980.8-0.340.960.930.990.040.35
0.440.410.030.610.410.44-0.360.470.420.430.120.440.630.290.260.550.350.45-0.06-0.790.480.370.450.490.33
0.990.960.840.950.980.98-0.840.980.420.980.721.00.930.380.470.920.940.980.8-0.260.970.961.0-0.040.32
1.00.960.850.970.991.0-0.770.980.430.980.770.980.920.40.50.920.940.980.85-0.220.980.970.98-0.060.34
0.750.770.820.70.720.77-0.450.720.120.720.770.720.53-0.03-0.010.650.80.750.80.080.780.820.72-0.46-0.14
0.990.950.840.960.990.98-0.850.990.441.00.980.720.950.380.470.940.930.980.79-0.290.970.951.0-0.010.32
0.930.870.670.950.940.92-0.840.950.630.930.920.530.950.50.560.950.830.920.61-0.50.910.860.950.230.46
0.40.310.250.390.450.4-0.460.410.290.380.4-0.030.380.50.920.350.260.360.23-0.150.320.270.390.320.98
0.490.40.360.460.540.5-0.50.50.260.470.5-0.010.470.560.920.420.350.450.36-0.10.410.370.480.260.94
0.930.840.750.950.940.92-0.860.960.550.920.920.650.940.950.350.420.80.920.68-0.470.890.850.940.140.3
0.941.00.840.880.90.94-0.620.90.350.940.940.80.930.830.260.350.80.940.82-0.070.980.980.93-0.250.19
0.990.970.80.960.970.98-0.780.980.450.980.980.750.980.920.360.450.920.940.81-0.280.980.960.990.00.3
0.830.810.890.720.830.84-0.560.8-0.060.80.850.80.790.610.230.360.680.820.810.210.80.840.79-0.330.14
-0.26-0.140.18-0.44-0.27-0.240.45-0.34-0.79-0.26-0.220.08-0.29-0.5-0.15-0.1-0.47-0.07-0.280.21-0.23-0.15-0.3-0.8-0.18
0.980.990.810.960.960.98-0.710.960.480.970.980.780.970.910.320.410.890.980.980.8-0.230.990.98-0.090.26
0.970.990.840.920.930.97-0.680.930.370.960.970.820.950.860.270.370.850.980.960.84-0.150.990.95-0.160.2
0.990.960.830.960.990.98-0.840.990.451.00.980.721.00.950.390.480.940.930.990.79-0.30.980.950.010.33
-0.03-0.16-0.470.140.01-0.05-0.240.040.49-0.04-0.06-0.46-0.010.230.320.260.14-0.250.0-0.33-0.8-0.09-0.160.010.37
0.340.250.170.340.390.34-0.410.350.330.320.34-0.140.320.460.980.940.30.190.30.14-0.180.260.20.330.37
Click cells to compare fundamentals

Taiwan Semiconductor Account Relationship Matchups

Taiwan Semiconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3T2.8T3.7T5.0T5.5T5.8T
Short Long Term Debt Total158.7B365.2B749.1B888.2B959.1B1.0T
Other Current Liab32.8B2.7B5.3B584.7B789.8B829.3B
Total Current Liabilities590.7B617.2B739.5B944.2B913.6B959.3B
Total Stockholder Equity1.6T1.8T2.2T2.9T3.5T3.6T
Property Plant And Equipment Net1.4T1.6T2.0T2.7T3.1T3.3T
Net Debt(296.7B)(295.0B)(315.9B)(454.6B)(506.4B)(481.0B)
Retained Earnings1.3T1.6T1.9T2.6T2.9T3.0T
Accounts Payable179.6B196.8B193.0B268.4B57.3B61.8B
Cash455.4B660.2B1.1T1.3T1.5T1.5T
Non Current Assets Total1.4T1.7T2.1T2.9T3.3T3.5T
Non Currrent Assets Other3.8B5.8B5.2B12.0B17.1B12.2B
Cash And Short Term Investments594.5B802.2B1.2T1.6T1.7T1.8T
Net Receivables139.8B146.1B198.4B231.4B202.0B212.1B
Short Term Investments139.1B142.0B140.1B243.7B222.3B233.5B
Liabilities And Stockholders Equity2.3T2.8T3.7T5.0T5.5T5.8T
Non Current Liabilities Total52.0B292.9B815.3B1.1T1.1T1.2T
Inventory83.0B137.4B193.1B221.1B251.0B263.5B
Other Current Assets5.3B6.6B10.5B12.9B53.3B55.9B
Other Stockholder Equity(293.1B)(306.0B)(368.3B)(262.7B)24.1B25.3B
Total Liab642.7B910.1B1.6T2.0T2.0T2.2T
Property Plant And Equipment Gross1.4T1.6T5.3T6.4T7.3T7.6T
Total Current Assets822.6B1.1T1.6T2.1T2.2T2.3T
Accumulated Other Comprehensive Income321.8B307.6B370.5B311.5B292.9B307.5B
Short Term Debt118.5B88.6B114.9B19.3B12.1B11.5B
Current Deferred Revenue259.8B329.1B426.3B71.9B54.4B60.4B
Other Liab11.8B16.3B205.2B191.2B219.9B230.9B
Other Assets21.8B31.7B3.7T5.0T1.00.95
Long Term Debt25.1B254.1B610.1B839.1B918.3B964.2B
Property Plant Equipment1.4T1.6T2.1T2.7T3.1T3.3T
Good Will5.7B5.4B5.4B5.8B5.8B4.5B
Intangible Assets15.0B20.3B21.4B20.2B17.0B11.0B
Net Tangible Assets1.6T1.8T2.2T2.9T3.4T3.5T
Long Term Investments30.1B27.7B29.4B68.9B129.3B135.7B
Short Long Term Debt150.3B88.6B119.5B19.3B9.3B8.8B
Long Term Debt Total40.1B254.1B610.1B868.9B999.2B1.0T
Capital Surpluse56.3B56.3B64.8B69.3B79.7B64.9B

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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 closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Semiconductors & Semiconductor Equipment space 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
0.541
Dividend Share
15.5
Earnings Share
6.23
Revenue Per Share
63.9069
Quarterly Revenue Growth
0.39
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.