Tower Total Liabilities vs Accounts Payable Analysis

TSEM Stock  ILA 14,140  60.00  0.43%   
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 Total Liabilities and its Accounts Payable 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.

Total Liabilities vs Accounts Payable

Total Liabilities vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tower Semiconductor Total Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tower Semiconductor's Total Liabilities and Accounts Payable is -0.21. Overlapping area represents the amount of variation of Total Liabilities that can explain the historical movement of Accounts Payable 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 Total Liabilities and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liabilities of Tower Semiconductor are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liabilities i.e., Tower Semiconductor's Total Liabilities and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Liabilities

Deferred Income Tax is recorded on Tower Semiconductor balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Tower Semiconductor books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are [Debt]; [DeferredRev]; [Payables]; Deposit Liabilities; and Tax Liabilities.

Accounts Payable

An accounting item on the balance sheet that represents Tower Semiconductor obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Tower Semiconductor are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms.
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

Tower Semiconductor Account Relationship Matchups

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.

Currently Active Assets on Macroaxis

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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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.