Taiwan Semiconductor Manufacturing Balance Sheet Health
Financial Health criteria checks 5/6
Taiwan Semiconductor Manufacturing has a total shareholder equity of NT$4,021.9B and total debt of NT$995.0B, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are NT$6,165.7B and NT$2,143.7B respectively. Taiwan Semiconductor Manufacturing's EBIT is NT$1,157.7B making its interest coverage ratio -16.7. It has cash and short-term investments of NT$2,167.6B.
Key information
24.7%
Debt to equity ratio
NT$994.97b
Debt
| Interest coverage ratio | -16.7x |
| Cash | NT$2.17t |
| Equity | NT$4.02t |
| Total liabilities | NT$2.14t |
| Total assets | NT$6.17t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSM's short term assets (NT$2,773.9B) exceed its short term liabilities (NT$1,080.4B).
Long Term Liabilities: TSM's short term assets (NT$2,773.9B) exceed its long term liabilities (NT$1,063.3B).
Debt to Equity History and Analysis
Debt Level: TSM has more cash than its total debt.
Reducing Debt: TSM's debt to equity ratio has increased from 9% to 24.7% over the past 5 years.
Debt Coverage: TSM's debt is well covered by operating cash flow (160.9%).
Interest Coverage: TSM earns more interest than it pays, so coverage of interest payments is not a concern.