Taiwan Semiconductor Manufacturing Balance Sheet Health
Financial Health criteria checks 5/6
Taiwan Semiconductor Manufacturing has a total shareholder equity of NT$3,820.1B and total debt of NT$988.4B, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are NT$5,982.4B and NT$2,162.2B respectively. Taiwan Semiconductor Manufacturing's EBIT is NT$1,023.8B making its interest coverage ratio -16.5. It has cash and short-term investments of NT$2,048.6B.
Key information
25.9%
Debt to equity ratio
NT$988.39b
Debt
Interest coverage ratio | -16.5x |
Cash | NT$2.05t |
Equity | NT$3.82t |
Total liabilities | NT$2.16t |
Total assets | NT$5.98t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSMC34's short term assets (NT$2,591.7B) exceed its short term liabilities (NT$1,048.9B).
Long Term Liabilities: TSMC34's short term assets (NT$2,591.7B) exceed its long term liabilities (NT$1,113.3B).
Debt to Equity History and Analysis
Debt Level: TSMC34 has more cash than its total debt.
Reducing Debt: TSMC34's debt to equity ratio has increased from 10.4% to 25.9% over the past 5 years.
Debt Coverage: TSMC34's debt is well covered by operating cash flow (152.1%).
Interest Coverage: TSMC34 earns more interest than it pays, so coverage of interest payments is not a concern.