Tower Current Asset
| TSEM Stock | ILA 9,705 435.00 4.29% |
Tower Semiconductor fundamentals help investors to digest information that contributes to Tower Semiconductor's financial success or failures. It also enables traders to predict the movement of Tower Stock. The fundamental analysis module provides a way to measure Tower Semiconductor's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tower Semiconductor stock.
The current year's Current Assets is expected to grow to about 1.6 B, whereas Net Current Assets as percentage of Total Assets are forecasted to decline to 34.66. Tower | Current Asset |
Tower Current Asset Analysis
Tower Semiconductor's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
More About Current Asset | All Equity Analysis
| 2020 | 2021 | 2022 | 2023 (projected) | Weighted Average Shares | 107.25 M | 108.28 M | 109.35 M | 87.96 M | Revenues | 1.27 B | 1.51 B | 1.68 B | 1.33 B |
Current Asset | = | Cash | + | Deposits | + | Liquid Assets |
Current Tower Semiconductor Current Asset | 668 M |
Most of Tower Semiconductor's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tower Semiconductor is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tower Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Tower Semiconductor is extremely important. It helps to project a fair market value of Tower Stock properly, considering its historical fundamentals such as Current Asset. Since Tower Semiconductor's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tower Semiconductor's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tower Semiconductor's interrelated accounts and indicators.
| 0.63 | 0.64 | 0.63 | 0.18 | 0.65 | ||
| 0.63 | 1.0 | 0.99 | 0.14 | 0.68 | ||
| 0.64 | 1.0 | 1.0 | 0.12 | 0.68 | ||
| 0.63 | 0.99 | 1.0 | 0.11 | 0.68 | ||
| 0.18 | 0.14 | 0.12 | 0.11 | 0.58 | ||
| 0.65 | 0.68 | 0.68 | 0.68 | 0.58 |
Click cells to compare fundamentals
Tower Current Asset Historical Pattern
Today, most investors in Tower Semiconductor Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tower Semiconductor's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tower Semiconductor current asset as a starting point in their analysis.
Tower Semiconductor Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Tower Total Assets
Total Assets |
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In accordance with the recently published financial statements, Tower Semiconductor has a Current Asset of 668 M. This is 97.64% lower than that of the Semiconductors & Semiconductor Equipment sector and 90.16% lower than that of the Information Technology industry. The current asset for all Israel stocks is 92.85% higher than that of the company.
Tower Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tower Semiconductor's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tower Semiconductor could also be used in its relative valuation, which is a method of valuing Tower Semiconductor by comparing valuation metrics of similar companies.Tower Semiconductor is currently under evaluation in current asset category among related companies.
Tower Semiconductor Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tower Semiconductor from analyzing Tower Semiconductor's financial statements. These drivers represent accounts that assess Tower Semiconductor's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tower Semiconductor's important valuation drivers and their relationship over time.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Net Income Per Employee | 24.27 K | 17.06 K | 14.89 K | 25.48 K | 47.13 K | 50.86 K | |
| Revenue Per Employee | 233.45 K | 233.76 K | 229.04 K | 256.19 K | 298.88 K | 254.41 K | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 362.15 M | 98.14 M | 103.42 M | 182.01 M | 299.05 M | 257.16 M |
Tower Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0751 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 15.01 B | |||
| Shares Outstanding | 109.5 M | |||
| Shares Owned by Insiders | 0.05 % | |||
| Shares Owned by Institutions | 56.91 % | |||
| Price to Book | 2.84 X | |||
| Price to Sales | 10.32 X | |||
| Revenue | 1.51 B | |||
| Gross Profit | 329.12 M | |||
| EBITDA | 437.22 M | |||
| Net Income | 150.01 M | |||
| Cash and Equivalents | 728.96 M | |||
| Cash per Share | 6.74 X | |||
| Total Debt | 230.97 M | |||
| Debt to Equity | 0.22 % | |||
| Current Ratio | 3.71 X | |||
| Book Value Per Share | 16.02 X | |||
| Cash Flow from Operations | 421.29 M | |||
| Earnings Per Share | 7.26 X | |||
| Price to Earnings To Growth | 0.63 X | |||
| Target Price | 20.0 | |||
| Number of Employees | 27 | |||
| Beta | 0.93 | |||
| Market Capitalization | 15.91 B | |||
| Total Asset | 2.23 B | |||
| Working Capital | 413 M | |||
| Current Asset | 668 M | |||
| Current Liabilities | 255 M | |||
| Z Score | 40.8 | |||
| Net Asset | 2.23 B |
About Tower Semiconductor Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tower Semiconductor's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tower Semiconductor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tower Semiconductor based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for 2023 | ||
| Current Assets | 1.5 B | 1.6 B | |
| Net Current Assets as percentage of Total Assets | 43.48 | 34.66 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tower Semiconductor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tower Semiconductor's short interest history, or implied volatility extrapolated from Tower Semiconductor options trading.
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Check out Tower Semiconductor Piotroski F Score and Tower Semiconductor Altman Z Score analysis. For information on how to trade Tower Stock refer to our How to Trade Tower Stock guide. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Tower Stock analysis
When running Tower Semiconductor's price analysis, check to measure Tower Semiconductor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tower Semiconductor is operating at the current time. Most of Tower Semiconductor's value examination focuses on studying past and present price action to predict the probability of Tower Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tower Semiconductor's price. Additionally, you may evaluate how the addition of Tower Semiconductor to your portfolios can decrease your overall portfolio volatility.
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