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Taiwan Semiconductor Manufacturing Co Cash-to-Debt

: 1.62 (As of Jun. 2022)
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Taiwan Semiconductor Manufacturing Co's cash to debt ratio for the quarter that ended in Jun. 2022 was 1.62.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Taiwan Semiconductor Manufacturing Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

The historical rank and industry rank for Taiwan Semiconductor Manufacturing Co's Cash-to-Debt or its related term are showing as below:

TSM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49   Med: 3.07   Max: 51.31
Current: 1.63

During the past 13 years, Taiwan Semiconductor Manufacturing Co's highest Cash to Debt Ratio was 51.31. The lowest was 0.49. And the median was 3.07.

TSM's Cash-to-Debt is ranked worse than
55.91% of 914 companies
in the Semiconductors industry
Industry Median: 2.25 vs TSM: 1.63

Taiwan Semiconductor Manufacturing Co Cash-to-Debt Historical Data

The historical data trend for Taiwan Semiconductor Manufacturing Co's Cash-to-Debt 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.

* Premium members only.

Taiwan Semiconductor Manufacturing Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.07 3.95 3.12 2.18 1.60

Taiwan Semiconductor Manufacturing Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.54 1.64 1.60 1.63 1.62

Competitive Comparison

For the Semiconductors subindustry, Taiwan Semiconductor Manufacturing Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Taiwan Semiconductor Manufacturing Co Cash-to-Debt Distribution

For the Semiconductors industry and Technology sector, Taiwan Semiconductor Manufacturing Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Taiwan Semiconductor Manufacturing Co's Cash-to-Debt falls into.



Taiwan Semiconductor Manufacturing Co Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Taiwan Semiconductor Manufacturing Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Taiwan Semiconductor Manufacturing Co's Cash to Debt Ratio for the quarter that ended in Jun. 2022 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) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Taiwan Semiconductor Manufacturing Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Taiwan Semiconductor Manufacturing Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Taiwan Semiconductor Manufacturing Co Business Description

Taiwan Semiconductor Manufacturing Co logo
Address
No. 8, Li-Hsin Road 6, Hsinchu Science Park, Hsinchu, TWN, 300-096
Taiwan Semiconductor Manufacturing Company, or TSMC, is the world's largest dedicated chip foundry, with over 58% market share in 2020 per Gartner. 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.

Taiwan Semiconductor Manufacturing Co Headlines

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