Tower Other Current Liab vs Property Plant And Equipment Gross Analysis

TSEM Stock  USD 49.59  0.64  1.31%   
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 Other Current Liab and its Property Plant And Equipment Gross 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 closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.

Other Current Liab vs Property Plant And Equipment Gross

Other Current Liab vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tower Semiconductor Other Current Liab account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak relationship.
The correlation between Tower Semiconductor's Other Current Liab and Property Plant And Equipment Gross is 0.34. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant And Equipment Gross 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 Other Current Liab and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Tower Semiconductor are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Current Liab i.e., Tower Semiconductor's Other Current Liab and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Property Plant And Equipment Gross

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 closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.At this time, Tower Semiconductor's Tax Provision is very stable compared to the past year. As of the 4th of December 2024, Enterprise Value Over EBITDA is likely to grow to 4.23, while Selling General Administrative is likely to drop about 43.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense9.1M5.7M8.3M7.8M
Depreciation And Amortization270.7M292.6M258.0M270.9M

Tower Semiconductor fundamental ratios Correlations

0.180.40.550.980.98-0.510.70.570.470.980.990.890.87-0.010.980.120.430.290.990.60.380.910.920.85-0.58
0.180.290.550.020.270.4-0.50.440.280.330.050.460.310.920.14-0.260.750.920.090.50.060.08-0.08-0.070.55
0.40.290.840.310.39-0.270.010.760.570.420.340.40.470.20.510.150.510.580.390.17-0.230.310.20.340.0
0.550.550.840.420.55-0.18-0.010.880.680.60.460.620.650.330.580.150.760.760.50.570.080.430.30.360.02
0.980.020.310.420.95-0.570.810.460.40.941.00.830.82-0.170.970.160.280.110.990.540.40.920.960.87-0.7
0.980.270.390.550.95-0.390.640.580.40.990.960.890.830.10.960.060.450.360.970.640.370.910.910.86-0.47
-0.510.4-0.27-0.18-0.57-0.39-0.55-0.29-0.68-0.4-0.58-0.42-0.60.43-0.52-0.01-0.020.2-0.570.00.0-0.29-0.42-0.350.72
0.7-0.50.01-0.010.810.64-0.550.060.010.590.790.370.41-0.650.70.29-0.3-0.450.750.290.350.760.880.79-0.85
0.570.440.760.880.460.58-0.290.060.70.620.510.60.590.310.58-0.150.730.680.530.40.030.350.340.340.03
0.470.280.570.680.40.4-0.680.010.70.480.430.640.740.190.47-0.080.680.490.460.21-0.030.170.160.1-0.24
0.980.330.420.60.940.99-0.40.590.620.480.940.920.860.150.960.10.540.430.960.640.410.890.870.81-0.45
0.990.050.340.461.00.96-0.580.790.510.430.940.830.84-0.140.970.110.310.151.00.560.370.90.950.86-0.68
0.890.460.40.620.830.89-0.420.370.60.640.920.830.950.290.86-0.030.680.530.860.590.240.770.690.59-0.39
0.870.310.470.650.820.83-0.60.410.590.740.860.840.950.120.870.090.620.430.860.540.210.720.670.58-0.53
-0.010.920.20.33-0.170.10.43-0.650.310.190.15-0.140.290.12-0.05-0.410.660.86-0.10.18-0.1-0.15-0.27-0.210.71
0.980.140.510.580.970.96-0.520.70.580.470.960.970.860.87-0.050.190.420.280.990.540.310.920.920.87-0.6
0.12-0.260.150.150.160.06-0.010.29-0.15-0.080.10.11-0.030.09-0.410.19-0.04-0.20.130.020.470.310.190.25-0.38
0.430.750.510.760.280.45-0.02-0.30.730.680.540.310.680.620.660.42-0.040.860.360.340.150.240.110.10.22
0.290.920.580.760.110.360.2-0.450.680.490.430.150.530.430.860.28-0.20.860.20.43-0.020.13-0.030.050.5
0.990.090.390.50.990.97-0.570.750.530.460.961.00.860.86-0.10.990.130.360.20.560.350.910.940.86-0.66
0.60.50.170.570.540.640.00.290.40.210.640.560.590.540.180.540.020.340.430.560.420.60.540.49-0.14
0.380.06-0.230.080.40.370.00.350.03-0.030.410.370.240.21-0.10.310.470.15-0.020.350.420.380.420.36-0.24
0.910.080.310.430.920.91-0.290.760.350.170.890.90.770.72-0.150.920.310.240.130.910.60.380.940.9-0.62
0.92-0.080.20.30.960.91-0.420.880.340.160.870.950.690.67-0.270.920.190.11-0.030.940.540.420.940.92-0.7
0.85-0.070.340.360.870.86-0.350.790.340.10.810.860.590.58-0.210.870.250.10.050.860.490.360.90.92-0.54
-0.580.550.00.02-0.7-0.470.72-0.850.03-0.24-0.45-0.68-0.39-0.530.71-0.6-0.380.220.5-0.66-0.14-0.24-0.62-0.7-0.54
Click cells to compare fundamentals

Tower Semiconductor Account Relationship Matchups

Tower Semiconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.1B2.2B2.5B2.9B3.1B
Short Long Term Debt Total311.8M390.3M314.8M272.3M231.6M312.5M
Other Current Liab57.6M54.5M63.5M166.2M52.9M39.8M
Total Current Liabilities253.1M272.9M276.3M387.4M276.8M164.3M
Total Stockholder Equity1.4B1.5B1.6B1.9B2.4B2.6B
Property Plant And Equipment Net699.8M858.2M890.8M962.3M1.2B1.2B
Net Debt(43.8M)178.6M103.9M(68.4M)(29.1M)(27.6M)
Retained Earnings(547.4M)(465.5M)(315.4M)(50.9M)467.6M491.0M
Accounts Payable119.2M96.9M78.7M150.9M139.1M74.3M
Cash355.6M211.7M210.9M340.8M260.7M135.1M
Non Current Assets Total844.4M991.2M1.0B1.1B1.2B1.3B
Cash And Short Term Investments747.2M710.9M764.6M1.0B1.2B1.3B
Net Receivables140.7M185.9M160.3M152.9M178.9M187.9M
Common Stock Shares Outstanding107.4M108.5M109.8M110.8M111.2M116.8M
Liabilities And Stockholders Equity1.9B2.1B2.2B2.6B2.9B3.1B
Non Current Liabilities Total333.1M366.3M339.5M271.7M214.6M353.9M
Inventory192.3M199.1M234.5M302.1M282.7M296.8M
Other Current Assets22.0M30.8M54.8M34.3M11.1M10.5M
Other Stockholder Equity1.5B1.5B1.5B1.4B1.4B883.5M
Total Liab586.1M639.2M615.9M659.1M491.5M518.3M
Total Current Assets1.1B1.1B1.2B1.5B1.7B1.8B
Short Term Debt65.9M106.5M83.9M62.3M109.7M115.2M
Non Currrent Assets Other17.7M13.6M41.3M(6.7M)23.0M20.2M
Common Stock Total Equity391.7M418.5M426.1M1.5B1.7B1.8B
Short Term Investments391.7M499.2M553.7M665.1M975.8M1.0B
Property Plant And Equipment Gross699.8M839.2M3.7B4.0B4.4B4.6B
Accumulated Other Comprehensive Income(18.2M)(16.5M)(27.9M)(47.5M)149.4M156.9M
Intangible Assets13.5M14.0M14.8M9.8M5.1M4.9M
Common Stock426.1M431.0M435.5M440.2M443.6M465.8M
Other Liab87.2M82.6M108.6M61.6M70.9M83.8M
Other Assets86.5M74.2M93.4M76.1M87.6M91.9M
Long Term Debt245.8M283.8M231.0M210.1M172.6M247.9M
Property Plant Equipment699.8M858.2M890.8M962.3M1.1B589.6M
Current Deferred Revenue10.3M10.0M40.0M38.9M18.4M17.3M
Long Term Investments28.2M40.7M39.6M6.7M6.8M6.4M
Short Long Term Debt65.9M106.5M83.9M62.3M59.0M75.9M
Net Tangible Assets1.3B1.4B1.6B1.9B2.2B1.2B

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When determining whether Tower Semiconductor is a strong investment it is important to analyze Tower Semiconductor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tower Semiconductor's future performance. For an informed investment choice regarding Tower Stock, refer to the following important reports:
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 closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tower Semiconductor. If investors know Tower will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tower Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.043
Earnings Share
1.84
Revenue Per Share
12.536
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0402
The market value of Tower Semiconductor is measured differently than its book value, which is the value of Tower that is recorded on the company's balance sheet. Investors also form their own opinion of Tower Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Tower Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tower Semiconductor's market value can be influenced by many factors that don't directly affect Tower Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.