Taiwan Semiconductor Manufacturing Balance Sheet Health
Financial Health criteria checks 5/6
Taiwan Semiconductor Manufacturing has a total shareholder equity of NT$4,601.6B and total debt of NT$1,048.8B, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are NT$7,133.3B and NT$2,531.7B respectively. Taiwan Semiconductor Manufacturing's EBIT is NT$1,481.3B making its interest coverage ratio -18. It has cash and short-term investments of NT$2,703.0B.
Key information
22.79%
Debt to equity ratio
NT$1.05t
Debt
| Interest coverage ratio | -18x |
| Cash | NT$2.70t |
| Equity | NT$4.60t |
| Total liabilities | NT$2.53t |
| Total assets | NT$7.13t |
Recent financial health updates
No updates
Recent updates
Taiwan Semiconductor Manufacturing: Ai Winner With Cyclical Upside
May 29TSMC: Irrational Selloff Is A Gift (Technical Analysis)
Apr 25TSMC Is A Complete Steal
Apr 18TSMC Earnings Preview, AI Strength Faces Tariff Headwinds
Apr 12Taiwan Semiconductor: Be Greedy When Others Are Fearful
Mar 31TSMC: 2nm Is On Track For Mass Production
Mar 25Taiwan Semiconductor: Set To Capture Majority Of AI Profits
Mar 16TSMC Holds All The Cards And Why That Spells Opportunity
Mar 09TSMC: The Backbone Of The AI Industry Continues To Be Undervalued
Feb 28Taiwan Semiconductor: Another Buying Opportunity Materializes (Technical Analysis) (Rating Upgrade)
Feb 19TSMC: AI Foundry Leader For GPUs And ASICs
Feb 11Taiwan Semiconductor Manufacturing: AI Growth Play At A Reasonable Valuation
Jan 31Why Taiwan Semiconductor Is A Buy: Capitalizing On AI And HPC Trends
Jan 24TSMC's Q4 2024 Earnings Outperformance: 3 Reasons To Buy Here
Jan 16TSMC To Deliver A Robust Quarter
Jan 09TSMC: Why I Took Profits (Rating Downgrade)
Dec 31TSMC: Market Outperformance Expected, Driven By N2 Advancements And Strong ASIC Demand
Dec 23TSMC: A Chinese Invasion Of Taiwan Would Devastate Global Markets And Itself
Dec 02Taiwan Semiconductor: A Golden Buying Opportunity
Nov 22Taiwan Semiconductor: Greater Certainty In Stormy AI Race
Nov 11Taiwan Semiconductor: Don't Discount The Competition
Oct 26Taiwan Semiconductor Q3 Earnings: 'Demand Right Now Is Insane'
Oct 18Taiwan Semiconductor: One Of The Best (And Cheapest) AI Plays
Oct 12TSMC: Still A Long-Term Buy Given Its Technological Leadership And AI Growth Story
Oct 06TSMC: 2nm Wafers Can Outperform The Already Strong Ramp In 3nm Wafers
Sep 25Taiwan Semiconductor: Valuation Dips Go Great With Chips
Sep 12Taiwan Semiconductor: Chip Giant Is Still A Buy Despite Short-Term Risks
Sep 05Taiwan Semiconductor: Still Buy On AI
Aug 29TSMC: A Huge Opportunity To Buy The Crown Jewel Of Semiconductors
Aug 07TSMC: Focus On Fundamentals, Ignore The Noise
Jul 31TSMC: Buy Status Vs. Rising Geopolitical Risks
Jul 253 Key Takeaways From TSMC's Q2 2024 Beat And Raise
Jul 18TSMC: Taiwan Discount
Jul 11TSMC: Strategic Alliances Lift Stock To New All-Time Highs
Jul 01Taiwan Semiconductor: A Sure Bet On AI
Jun 25TSMC: By Far The Strongest Chip Company
Jun 18TSMC: One Of The Cheapest Big Tech/AI Stocks
Jun 10Taiwan Semiconductor Stock: April Sales Soar From Advanced Nodes
Jun 04TSMC: Derisking China Invasion Threats
May 17TSMC: Charting A Path To $185
May 08Third Point - Taiwan Semiconductor: The 'Toll Road' For AI Compute
May 02
Narrative update from Goran Damchevski
TSMC reported a Q1 revenue of $18.87B, representing a growth of 12.9% YoY, and a 3.8% decrease in QoQ. The performance was driven by demand for high performance compute (HPC), which was negatively offTaiwan Semiconductor Stock Is Breaking Out (Technical Analysis)
Apr 17TSMC: Don't Be Ruined By Over-Optimism (Downgrade)
Apr 09TSMC: Robust Growth To Continue
Apr 03
Semiconductor Demand will likely persist from the likes of AI, IoT, and 5G
AI Chip Boom: TSMC’s quarterly revenue surged at its fastest pace in over a year, thanks to the global boom in AI development. The demand for high-end chips and servers, particularly those used in AIBest Chip Stock To Ride The AI Frenzy: Taiwan Semiconductor (SA Quant)
Mar 26Taiwan Semiconductor: A Long-Term Winner Amidst Short-Term Hype
Mar 15Taiwan Semiconductor Raising Prices 8.7% In 2024 As Revenue Growth Underperforms Customers
Mar 05
Narrative update from Stjepan Kalinic
The company reported strong Q4 earnings in January, beating the upper end of guidance on revenue and operating margin.Investing In Innovation: Why Taiwan Semiconductor Is A Smart Choice For Long-Term Growth
Feb 21High Growth Opportunities And Categorical Risk Factors Increase The Range Of TSMC’s Valuation
TSMC is the current leader in chip manufacturing, boasting the most advanced technology and a strong customer baseTaiwan Semiconductor: Highly Wanted Advanced Technology
Feb 05Taiwan Semiconductor: Beijing Is A Threat
Jan 29Taiwan Semiconductor Is Becoming A Dividend Growth Machine
Jan 23TSMC: DPP Taiwan Election Win Could Mean Greater Risks For The Stock
Jan 17TSMC Is Probably The Most Important Company In The World Right Now
Jan 11TSMC: Major Apple Risk Persists But Stock Still Investible (Rating Upgrade)
Jan 01TSMC Vs. Intel: Only 1 Can Win
Dec 24Taiwan Semiconductor: The 800-Pound Chip Gorilla That's An Underappreciated Play On AI
Nov 25Taiwan Semiconductor: Taking The Temperature Of AI
Nov 14Taiwan Semiconductor: Bottoming Semiconductor Cycle With Increasingly Diversified Footprint
Oct 27Political Status Quo Will Result in Stable Growth
A geopolitical status quo means TSMC can remain the market leaderQ3 Earnings: Navigating TSMC's Risk/Rewards And Future Outlook
Oct 20Taiwan Semiconductor - Maintaining Buy: Headwinds Priced In And Rebound Ahead
Oct 10TSMC: Why Near-Term Downside Is Highly Probable (Rating Downgrade)
Oct 03Taiwan Semiconductor Makes Chips For 3 Of The Top 4 Greatest Growth Technologies
Sep 26TSMC: AI Winner At Attractive Valuation
Sep 20Financial Position Analysis
Short Term Liabilities: TSM's short term assets (NT$3,345.7B) exceed its short term liabilities (NT$1,399.8B).
Long Term Liabilities: TSM's short term assets (NT$3,345.7B) exceed its long term liabilities (NT$1,131.9B).
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 12% to 22.8% over the past 5 years.
Debt Coverage: TSM's debt is well covered by operating cash flow (192.2%).
Interest Coverage: TSM earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/28 10:26 |
| End of Day Share Price | 2025/05/28 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Taiwan Semiconductor Manufacturing Company Limited is covered by 84 analysts. 37 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ge Bai | ABCI Securities Company Limited |
| Warren Lau | Aletheia Analyst Network Limited |
| Brett Simpson | Arete Research Services LLP |