Taiwan Net Income vs Total Operating Expenses 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 Net Income and its Total Operating Expenses 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.
Net Income vs Total Operating Expenses
Net Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taiwan Semiconductor Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Taiwan Semiconductor's Net Income and Total Operating Expenses is 0.92. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses 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 Net Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Taiwan Semiconductor Manufacturing are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Taiwan Semiconductor's Net Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Taiwan Semiconductor financial statement analysis. It represents the amount of money remaining after all of Taiwan Semiconductor Manufacturing operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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
Click cells to compare fundamentals
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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Try AI Portfolio ArchitectCheck 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. You can also try the CEOs Directory module to screen CEOs from public companies around the world.