Tower Current Liabilities vs Cash and Equivalents Analysis

Stocks . Israel . 
Stock . Tower Semiconductor
TSEM Stock  ILA 14,080  30.00  0.21%   
Tower Semiconductor financial indicator trend analysis is much more than just breaking down Tower Semiconductor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tower Semiconductor is a good investment. Please check the relationship between Tower Semiconductor Current Liabilities and its Cash and Equivalents accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. For information on how to trade Tower Stock refer to our How to Trade Tower Stock guide.

Current Liabilities vs Cash and Equivalents

Current Liabilities vs Cash and Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tower Semiconductor Current Liabilities account and Cash and Equivalents. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tower Semiconductor's Current Liabilities and Cash and Equivalents is 0.43. Overlapping area represents the amount of variation of Current Liabilities that can explain the historical movement of Cash and Equivalents in the same time period over historical financial statements of Tower Semiconductor, assuming nothing else is changed. The correlation between historical values of Tower Semiconductor's Current Liabilities and Cash and Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Liabilities of Tower Semiconductor are associated (or correlated) with its Cash and Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash and Equivalents has no effect on the direction of Current Liabilities i.e., Tower Semiconductor's Current Liabilities and Cash and Equivalents go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Current Liabilities

The current portion of Total Liabilities; reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Cash and Equivalents

A component of Total Assets representing the amount of currency on hand as well as demand deposits with banks or financial institutions. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used.
Most indicators from Tower Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tower 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. For information on how to trade Tower Stock refer to our How to Trade Tower Stock guide.
 2020 2021 2022 2023 (projected)
Weighted Average Shares107.25 M108.28 M97.45 M80.4 M
Revenues1.27 B1.51 B1.36 B1.14 B

Tower Semiconductor fundamental ratios Correlations

Click cells to compare fundamentals

Tower Semiconductor Account Relationship Matchups

High Positive Relationship

Cash and Equivalents
Current Assets
Current Assets
Inventories
Current Assets
Total Assets
Cash and Equivalents
Total Assets
Cash and Equivalents
Inventories
Total Assets
Inventories

High Negative Relationship

Total Liabilities
Accounts Payable
Total Liabilities
Receivables
Total Liabilities
Total Assets

Tower Semiconductor fundamental ratios Accounts

201820192020202120222023 (projected)
Inventories170.78 M192.26 M199.13 M234.51 M211.06 M227.72 M
Receivables153.41 M126.97 M180.9 M142.23 M128.01 M118.1 M
Accounts Payable104.33 M119.2 M96.94 M78.71 M70.84 M76.31 M
Total Assets1.79 B1.93 B2.09 B2.23 B2.01 B1.62 B
Current Assets987.96 M1.09 B1.1 B1.2 B1.08 B1.16 B
Cash and Equivalents641.02 M747.24 M710.88 M764.65 M688.18 M742.51 M
Shareholders Equity Attributable to Parent1.24 B1.35 B1.46 B1.62 B1.46 B1.58 B
Total Liabilities547.01 M578.29 M636.34 M609.23 M700.62 M729.24 M
Current Liabilities203.72 M253.06 M272.91 M276.33 M248.7 M231.12 M
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. For information on how to trade Tower Stock refer to our How to Trade Tower Stock guide. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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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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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.
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