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.
  
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.

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.

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 Equity0.170.130.11
Interest Coverage69.1712.9311.64

Tower Semiconductor fundamentals Correlations

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-0.490.7-0.61-0.580.78-0.61-0.15-0.60.54-0.520.21-0.080.58-0.78-0.13-0.790.990.37-0.84-0.84-0.52-0.57-0.81-0.75-0.85
-0.270.7-0.51-0.110.62-0.26-0.09-0.10.16-0.080.69-0.30.82-0.52-0.24-0.540.710.27-0.44-0.44-0.16-0.1-0.35-0.35-0.44
0.06-0.61-0.510.58-0.150.47-0.070.33-0.020.37-0.280.64-0.70.290.750.29-0.570.270.70.690.460.460.670.70.79
0.1-0.58-0.110.58-0.30.8-0.090.79-0.380.70.50.06-0.050.410.270.39-0.51-0.020.750.750.80.860.850.810.76
-0.60.780.62-0.15-0.3-0.53-0.28-0.480.78-0.40.210.390.48-0.870.4-0.890.810.76-0.57-0.58-0.36-0.44-0.5-0.43-0.45
0.21-0.61-0.260.470.8-0.530.310.7-0.640.590.3-0.16-0.270.650.020.65-0.55-0.330.760.760.770.760.780.740.68
0.42-0.15-0.09-0.07-0.09-0.280.31-0.12-0.32-0.12-0.17-0.34-0.130.3-0.320.32-0.14-0.5-0.03-0.02-0.3-0.05-0.03-0.050.03
0.19-0.6-0.10.330.79-0.480.7-0.12-0.570.960.54-0.130.00.570.00.56-0.57-0.210.710.710.740.960.790.750.63
-0.680.540.16-0.02-0.380.78-0.64-0.32-0.57-0.44-0.190.710.15-0.870.61-0.860.530.73-0.57-0.58-0.54-0.55-0.55-0.48-0.4
0.11-0.52-0.080.370.7-0.40.59-0.120.96-0.440.47-0.01-0.040.460.110.46-0.52-0.110.630.630.590.940.70.70.58
-0.190.210.69-0.280.50.210.3-0.170.54-0.190.47-0.370.78-0.09-0.22-0.120.260.10.060.060.410.510.230.210.02
-0.51-0.08-0.30.640.060.39-0.16-0.34-0.130.71-0.01-0.37-0.42-0.420.96-0.4-0.080.680.10.09-0.05-0.080.050.110.23
-0.250.580.82-0.7-0.050.48-0.27-0.130.00.15-0.040.78-0.42-0.43-0.39-0.460.60.14-0.49-0.49-0.16-0.07-0.32-0.34-0.47
0.67-0.78-0.520.290.41-0.870.650.30.57-0.870.46-0.09-0.42-0.43-0.361.0-0.77-0.660.650.660.50.560.620.560.56
-0.44-0.13-0.240.750.270.40.02-0.320.00.610.11-0.220.96-0.39-0.36-0.35-0.10.70.250.240.130.080.230.310.39
0.64-0.79-0.540.290.39-0.890.650.320.56-0.860.46-0.12-0.4-0.461.0-0.35-0.79-0.660.640.650.470.540.610.550.55
-0.470.990.71-0.57-0.510.81-0.55-0.14-0.570.53-0.520.26-0.080.6-0.77-0.1-0.790.38-0.81-0.81-0.46-0.54-0.76-0.71-0.81
-0.750.370.270.27-0.020.76-0.33-0.5-0.210.73-0.110.10.680.14-0.660.7-0.660.38-0.11-0.13-0.06-0.16-0.080.020.01
0.31-0.84-0.440.70.75-0.570.76-0.030.71-0.570.630.060.1-0.490.650.250.64-0.81-0.111.00.820.710.970.950.95
0.31-0.84-0.440.690.75-0.580.76-0.020.71-0.580.630.060.09-0.490.660.240.65-0.81-0.131.00.820.710.960.950.94
0.1-0.52-0.160.460.8-0.360.77-0.30.74-0.540.590.41-0.05-0.160.50.130.47-0.46-0.060.820.820.730.830.790.68
0.17-0.57-0.10.460.86-0.440.76-0.050.96-0.550.940.51-0.08-0.070.560.080.54-0.54-0.160.710.710.730.790.770.65
0.3-0.81-0.350.670.85-0.50.78-0.030.79-0.550.70.230.05-0.320.620.230.61-0.76-0.080.970.960.830.790.980.95
0.24-0.75-0.350.70.81-0.430.74-0.050.75-0.480.70.210.11-0.340.560.310.55-0.710.020.950.950.790.770.980.95
0.3-0.85-0.440.790.76-0.450.680.030.63-0.40.580.020.23-0.470.560.390.55-0.810.010.950.940.680.650.950.95
Click cells to compare fundamentals

Tower Semiconductor Account Relationship Matchups

Tower Semiconductor fundamentals Accounts

201820192020202120222023 (projected)
Interest Coverage14.2318.3469.1712.9311.6412.62
Long Term Debt to Equity0.220.210.170.180.130.11
Calculated Tax Rate4.263.246.090.668.738.97
PPandE Turnover2.021.841.661.761.821.72
Receivables Turnover8.618.88.29.3310.499.15
Inventory Turnover6.445.535.285.444.516.65
Accounts Payable Turnover11.8711.0411.6817.1714.6112.38
Operating Margin11.887.037.1911.0418.5820.05
Cash and Equivalents Turnover2.171.781.732.041.92.96
Return on Investment10.765.495.248.8815.2916.5
Cash Flow Per Share2.982.732.563.874.824.5
Total Assets Per Share17.0518.119.420.4923.1725.29
Quick Ratio3.863.423.243.253.032.51
Net Current Assets as percentage of Total Assets43.8143.2239.6341.2343.4834.66
Current Ratio4.854.34.044.333.863.22
Debt to Equity Ratio0.50.320.220.250.190.14
EBITDA Margin27.777.958.1712.0717.8323.22
Earnings per Basic Share1.350.850.771.392.422.61
Earnings per Diluted Share1.320.840.761.372.392.58
Free Cash Flow per Share1.431.120.191.312.893.12
Gross Margin22.4618.6118.4321.8227.822.43
Profit Margin10.47.36.59.9515.7717.02
Return on Average Assets7.834.844.096.9411.0711.95
Return on Average Equity11.96.935.859.7415.0616.25
Sales per Share12.9911.6111.7713.9315.3418.24
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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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.