Taiwan Semiconductor Manufacturing Company (TSM)
Taiwan Semiconductor Manufacturing Company Altman Z-Score
View TSM Altman Z-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
TSM Altman Z-Score Range, Past 5 Years
| Minimum | 6.95 | Jun 2011 |
| Maximum | 16.18 | Sep 2009 |
| Average | 11.21 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
Learn More
You may also be interested in these TSM related companies
TSM News
May 31, 5:01PM TheStreet
May 31, 4:34PM Fox Business
May 31, 10:23AM Street Insider
May 28, 2:30AM Business Wire
May 21, 4:34PM Fox Business
about 20 days ago by Fibline
about 23 days ago by ahurwitz
May 04, 5:01PM TheStreet
about 31 days ago by frotuss
about 35 days ago by Fibline
about 36 days ago by Fibline
about 36 days ago by azendrian
about 36 days ago by ACInvestorBlog
Apr 26, 2:16PM Seeking Alpha
about 37 days ago by sssc
about 37 days ago by tbleile
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TSM | 13.06 | -0.67 | -4.88% | 71.17B |
| TSLA | 28.15 | -1.35 | -4.58% | 3.086B |
| TSL | 6.35 | +0.20 | +3.25% | 488.86M |
| TSH | 37.10 | +0.00 | +0.00% | 76.80M |
| TSEM | 0.7436 | -0.03 | -3.49% | 245.24M |
| TSCO | 89.59 | -1.76 | -1.93% | 6.561B |
| TSCM | 1.59 | -0.04 | -2.45% | |
| TMP | 36.35 | -0.26 | -0.71% | 408.57M |
| TMO | 49.13 | -1.35 | -2.67% | 18.47B |
| TMNG | 2.45 | +0.00 | +0.00% | 17.37M |