Tower Return on Average Equity from 2010 to 2023

TSEM Stock  ILA 9,321  145.00  1.53%   
Tower Semiconductor Return on Average Equity is increasing over the years with slightly volatile fluctuation. Ongoing Return on Average Equity is projected to grow to 16.25 this year. From 2010 to 2023 Tower Semiconductor Return on Average Equity quarterly data regression line had arithmetic mean of(1.87) and significance of  0.008811. Tower Semiconductor Net Income is projected to increase significantly based on the last few years of reporting. The past year's Net Income was at 264.57 Million. The current year's Operating Income is expected to grow to about 336.3 M, whereas Direct Expenses is forecasted to decline to about 990.6 M.
Check Tower Semiconductor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tower main balance sheet or income statement drivers, such as Direct Expenses of 990.6 M, Net Income of 285.5 M or Operating Income of 336.3 M, as well as many exotic indicators such as Interest Coverage of 12.62, Long Term Debt to Equity of 0.11 or Calculated Tax Rate of 8.97. Tower financial statements analysis is a perfect complement when working with Tower Semiconductor Valuation or Volatility modules.
  
This module can also supplement various Tower Semiconductor Technical models . Check out the analysis of Tower Semiconductor Correlation against competitors. For information on how to trade Tower Stock refer to our How to Trade Tower Stock guide.

Tower Return on Average Equity Breakdown

Showing smoothed Return on Average Equity of Tower Semiconductor with missing and latest data points interpolated. Return on equity measures a corporation's profitability by calculating the amount of net income available to common stockholders returned as a percentage of [EquityAvg]. Tower Semiconductor's Return on Average Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tower Semiconductor's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.1410 Years Trend
Slightly volatile
   Return on Average Equity   
       Timeline  

Tower Return on Average Equity Regression Statistics

Arithmetic Mean(1.87)
Coefficient Of Variation(1,539)
Mean Deviation22.44
Median6.93
Standard Deviation28.85
Sample Variance832.31
Range97.11
R-Value0.67
Mean Square Error497.44
R-Squared0.45
Significance0.008811
Slope4.62
Total Sum of Squares10,820

Tower Return on Average Equity History

2023 16.25
2022 15.06
2021 9.74
2020 5.85
2019 6.93
2018 11.9
2017 34.53
2016 37.51
2015 -9.84
2014 2.46
2013 -59.6

About Tower Semiconductor Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Tower Semiconductor income statement, its balance sheet, and the statement of cash flows. Tower Semiconductor investors use historical funamental indicators, such as Tower Semiconductor's Return on Average Equity, to determine how well the company is positioned to perform in the future. Although Tower Semiconductor investors may use each financial statement separately, they are all related. The changes in Tower Semiconductor's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tower Semiconductor's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Tower Semiconductor Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tower Semiconductor. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Return on Average Equity 15.06  16.25 

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Check out the analysis of Tower Semiconductor Correlation against competitors. For information on how to trade Tower Stock refer to our How to Trade Tower Stock guide. You can also try the CEO Directory module to screen CEOs from public companies around the world.

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Please note, there is a significant difference between Tower Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tower Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tower Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.