Taiwan Accounts Payable vs Retained Earnings Analysis
0LCV Stock | USD 200.10 5.15 2.51% |
Taiwan Semiconductor financial indicator trend analysis is much more than just breaking down Taiwan Semiconductor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taiwan Semiconductor is a good investment. Please check the relationship between Taiwan Semiconductor Accounts Payable and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Taiwan Semiconductor Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Accounts Payable vs Retained Earnings
Accounts Payable vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taiwan Semiconductor Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Taiwan Semiconductor's Accounts Payable and Retained Earnings is 0.74. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Taiwan Semiconductor Manufacturing, assuming nothing else is changed. The correlation between historical values of Taiwan Semiconductor's Accounts Payable and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Taiwan Semiconductor Manufacturing are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., Taiwan Semiconductor's Accounts Payable and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Taiwan Semiconductor obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Taiwan Semiconductor are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Taiwan Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taiwan Semiconductor current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Taiwan Semiconductor Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The value of Tax Provision is estimated to slide to about 87.3 B. The value of Selling General Administrative is expected to slide to about 46.6 B
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 5.9B | 22.4B | 60.3B | 63.3B | Tax Provision | 66.1B | 150.8B | 128.3B | 87.3B |
Taiwan Semiconductor fundamental ratios Correlations
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Taiwan Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Taiwan Semiconductor fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3T | 2.8T | 3.7T | 5.0T | 5.5T | 3.7T | |
Short Long Term Debt Total | 56.9B | 40.1B | 276.6B | 610.1B | 701.6B | 736.7B | |
Other Current Liab | 339.5B | 370.0B | 460.8B | 709.7B | 27.5B | 26.1B | |
Total Current Liabilities | 598.4B | 631.9B | 739.5B | 944.2B | 942.8B | 722.9B | |
Total Stockholder Equity | 1.6T | 1.8T | 2.2T | 2.9T | 3.4T | 2.4T | |
Other Liab | 11.8B | 16.3B | 181.1B | 191.2B | 219.9B | 230.9B | |
Net Tangible Assets | 1.6T | 1.8T | 2.1T | 2.9T | 3.4T | 2.1T | |
Retained Earnings | 1.3T | 1.6T | 1.9T | 2.6T | 3.1T | 2.1T | |
Accounts Payable | 40.2B | 41.1B | 48.7B | 56.5B | 227.2B | 238.6B | |
Cash | 2.7B | 6.6B | 1.1T | 1.3T | 1.5T | 1.5T | |
Other Assets | 21.8B | 31.7B | 54.4B | 81.2B | 93.4B | 98.1B | |
Long Term Debt | 25.1B | 256.1B | 610.1B | 839.1B | 918.3B | 964.2B | |
Cash And Short Term Investments | 713.7B | 594.2B | 799.9B | 1.2T | 1.4T | 869.5B | |
Net Receivables | 139.8B | 146.1B | 198.4B | 231.4B | 266.1B | 177.4B | |
Good Will | 5.7B | 5.4B | 5.4B | 5.8B | 5.8B | 6.2B | |
Short Term Investments | 138.8B | 139.7B | 123.5B | 243.7B | 249.4B | 178.1B | |
Capital Surpluse | 56.3B | 56.3B | 56.3B | 64.8B | 74.5B | 63.8B | |
Inventory | 83.0B | 137.4B | 193.1B | 221.1B | 251.0B | 167.0B | |
Other Current Assets | 5.4B | 6.7B | 10.7B | 13.0B | 26.2B | 27.5B | |
Other Stockholder Equity | (27.6B) | (54.7B) | (62.6B) | (20.5B) | (18.5B) | (19.4B) | |
Total Liab | 643.4B | 911.1B | 1.6T | 2.0T | 2.1T | 1.3T | |
Total Current Assets | 822.6B | 1.1T | 1.6T | 2.1T | 2.2T | 1.5T | |
Short Term Debt | 88.8B | 118.5B | 88.6B | 114.9B | 132.2B | 104.4B | |
Intangible Assets | 15.0B | 20.3B | 21.4B | 20.2B | 17.0B | 17.9B | |
Property Plant Equipment | 1.4T | 1.6T | 2.0T | 2.7T | 3.1T | 1.8T |
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