Tower Historical Financial Ratios
TSEM Stock | ILA 9,321 145.00 1.53% |
Tower Semiconductor is promptly reporting on over 21 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Receivables Turnover of 9.15, Inventory Turnover of 6.65, Accounts Payable Turnover of 12.38 or Accrued Expenses Turnover of 1.2 K will help investors to properly organize and evaluate Tower Semiconductor financial condition quickly. Financial Statement Analysis is much more than just reviewing and breaking down Tower Semiconductor prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tower Semiconductor is a good buy for the upcoming year.
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About Tower Financial Ratios Analysis
Tower SemiconductorFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Tower Semiconductor investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Tower financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Tower Semiconductor history.
Tower Semiconductor Financial Ratios Chart
Tower Semiconductor financial ratios usually calculated using numerical values taken directly from Tower Semiconductor financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Tower Semiconductor. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
Tower Semiconductor Interest Coverage is projected to increase significantly based on the last few years of reporting. The past year's Interest Coverage was at 11.64. The current year's Long Term Debt to Equity is expected to grow to 0.11, whereas PPandE Turnover is forecasted to decline to 1.72. Add Fundamental
Return on Average Assets
Return on assets measures how profitable a company is net income available to common stockholders relative to its total assets [AssetsAvg].Return on Average Equity
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].Most ratios from Tower Semiconductor's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 signals in industry. For information on how to trade Tower Stock refer to our How to Trade Tower Stock guide.Tower Semiconductor Interest Coverage is projected to increase significantly based on the last few years of reporting. The past year's Interest Coverage was at 11.64. The current year's Long Term Debt to Equity is expected to grow to 0.11, whereas PPandE Turnover is forecasted to decline to 1.72.
2019 | 2021 | 2022 (projected) | Long Term Debt to Equity | 0.17 | 0.13 | 0.11 | Interest Coverage | 69.17 | 12.93 | 11.64 |
Tower Semiconductor fundamentals Correlations
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Tower Semiconductor Account Relationship Matchups
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Tower Semiconductor fundamentals Accounts
2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
Interest Coverage | 14.23 | 18.34 | 69.17 | 12.93 | 11.64 | 12.62 | |
Long Term Debt to Equity | 0.22 | 0.21 | 0.17 | 0.18 | 0.13 | 0.11 | |
Calculated Tax Rate | 4.26 | 3.24 | 6.09 | 0.66 | 8.73 | 8.97 | |
PPandE Turnover | 2.02 | 1.84 | 1.66 | 1.76 | 1.82 | 1.72 | |
Receivables Turnover | 8.61 | 8.8 | 8.2 | 9.33 | 10.49 | 9.15 | |
Inventory Turnover | 6.44 | 5.53 | 5.28 | 5.44 | 4.51 | 6.65 | |
Accounts Payable Turnover | 11.87 | 11.04 | 11.68 | 17.17 | 14.61 | 12.38 | |
Operating Margin | 11.88 | 7.03 | 7.19 | 11.04 | 18.58 | 20.05 | |
Cash and Equivalents Turnover | 2.17 | 1.78 | 1.73 | 2.04 | 1.9 | 2.96 | |
Return on Investment | 10.76 | 5.49 | 5.24 | 8.88 | 15.29 | 16.5 | |
Cash Flow Per Share | 2.98 | 2.73 | 2.56 | 3.87 | 4.82 | 4.5 | |
Total Assets Per Share | 17.05 | 18.1 | 19.4 | 20.49 | 23.17 | 25.29 | |
Quick Ratio | 3.86 | 3.42 | 3.24 | 3.25 | 3.03 | 2.51 | |
Net Current Assets as percentage of Total Assets | 43.81 | 43.22 | 39.63 | 41.23 | 43.48 | 34.66 | |
Current Ratio | 4.85 | 4.3 | 4.04 | 4.33 | 3.86 | 3.22 | |
Debt to Equity Ratio | 0.5 | 0.32 | 0.22 | 0.25 | 0.19 | 0.14 | |
EBITDA Margin | 27.77 | 7.95 | 8.17 | 12.07 | 17.83 | 23.22 | |
Earnings per Basic Share | 1.35 | 0.85 | 0.77 | 1.39 | 2.42 | 2.61 | |
Earnings per Diluted Share | 1.32 | 0.84 | 0.76 | 1.37 | 2.39 | 2.58 | |
Free Cash Flow per Share | 1.43 | 1.12 | 0.19 | 1.31 | 2.89 | 3.12 | |
Gross Margin | 22.46 | 18.61 | 18.43 | 21.82 | 27.8 | 22.43 | |
Profit Margin | 10.4 | 7.3 | 6.5 | 9.95 | 15.77 | 17.02 | |
Return on Average Assets | 7.83 | 4.84 | 4.09 | 6.94 | 11.07 | 11.95 | |
Return on Average Equity | 11.9 | 6.93 | 5.85 | 9.74 | 15.06 | 16.25 | |
Sales per Share | 12.99 | 11.61 | 11.77 | 13.93 | 15.34 | 18.24 |
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 signals in industry. For information on how to trade Tower Stock refer to our How to Trade Tower Stock guide. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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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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