Taiwan Semiconductor Manufacturing Co's Total Assets for the quarter that ended in Mar. 2024 was $0 Mil.
Warning Sign:
If a company builds assets at 23.8% a year, faster than its revenue growth rate of 19.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Taiwan Semiconductor Manufacturing Co's average Total Assets Growth Rate was 13.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 24.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 23.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 14.60% per year.
During the past 13 years, Taiwan Semiconductor Manufacturing Co's highest 3-Year average Total Assets Growth Rate was 45.50%. The lowest was -4.20%. And the median was 10.30%.
Total Assets is connected with ROA %. Taiwan Semiconductor Manufacturing Co's annualizedROA % for the quarter that ended in Mar. 2024 was 16.08%. Total Assets is also linked to Revenue through Asset Turnover. Taiwan Semiconductor Manufacturing Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.
Taiwan Semiconductor Manufacturing Co Total Assets Historical Data
The historical data trend for Taiwan Semiconductor Manufacturing Co's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Taiwan Semiconductor Manufacturing Co Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Taiwan Semiconductor Manufacturing Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Taiwan Semiconductor Manufacturing Co's Asset Turnover for the quarter that ended in Mar. 2024 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Taiwan Semiconductor Manufacturing Co Total Assets Related Terms
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Taiwan Semiconductor Manufacturing Co (Taiwan Semiconductor Manufacturing Co) Business Description
Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with almost 60% market share. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.
Taiwan Semiconductor Manufacturing Co (Taiwan Semiconductor Manufacturing Co) Headlines
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