Tower Total Current Assets vs Capital Stock Analysis
TSEM Stock | USD 44.55 1.75 3.78% |
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 Current Assets and its Capital Stock 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.
Total Current Assets vs Capital Stock
Total Current Assets vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tower Semiconductor Total Current Assets account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tower Semiconductor's Total Current Assets and Capital Stock is 0.82. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Capital Stock 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 Current Assets and Capital Stock 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 Current Assets of Tower Semiconductor are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Current Assets i.e., Tower Semiconductor's Total Current Assets and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.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.As of the 18th of November 2024, Tax Provision is likely to grow to about 71.4 M, while Selling General Administrative is likely to drop about 43.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 9.1M | 5.7M | 8.3M | 7.8M | Depreciation And Amortization | 270.7M | 292.6M | 258.0M | 270.9M |
Tower Semiconductor fundamental ratios Correlations
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Tower Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tower Semiconductor fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.1B | 2.2B | 2.5B | 2.9B | 3.1B | |
Short Long Term Debt Total | 311.8M | 390.3M | 314.8M | 272.3M | 231.6M | 312.5M | |
Other Current Liab | 57.6M | 54.5M | 63.5M | 166.2M | 52.9M | 39.8M | |
Total Current Liabilities | 253.1M | 272.9M | 276.3M | 387.4M | 276.8M | 164.3M | |
Total Stockholder Equity | 1.4B | 1.5B | 1.6B | 1.9B | 2.4B | 2.6B | |
Property Plant And Equipment Net | 699.8M | 858.2M | 890.8M | 962.3M | 1.2B | 1.2B | |
Net Debt | (43.8M) | 178.6M | 103.9M | (68.4M) | (29.1M) | (27.6M) | |
Retained Earnings | (547.4M) | (465.5M) | (315.4M) | (50.9M) | 467.6M | 491.0M | |
Accounts Payable | 119.2M | 96.9M | 78.7M | 150.9M | 139.1M | 74.3M | |
Cash | 355.6M | 211.7M | 210.9M | 340.8M | 260.7M | 135.1M | |
Non Current Assets Total | 844.4M | 991.2M | 1.0B | 1.1B | 1.2B | 1.3B | |
Cash And Short Term Investments | 747.2M | 710.9M | 764.6M | 1.0B | 1.2B | 1.3B | |
Net Receivables | 140.7M | 185.9M | 160.3M | 152.9M | 178.9M | 187.9M | |
Common Stock Shares Outstanding | 107.4M | 108.5M | 109.8M | 110.8M | 111.2M | 116.8M | |
Liabilities And Stockholders Equity | 1.9B | 2.1B | 2.2B | 2.6B | 2.9B | 3.1B | |
Non Current Liabilities Total | 333.1M | 366.3M | 339.5M | 271.7M | 214.6M | 353.9M | |
Inventory | 192.3M | 199.1M | 234.5M | 302.1M | 282.7M | 296.8M | |
Other Current Assets | 22.0M | 30.8M | 54.8M | 34.3M | 36.0M | 23.9M | |
Other Stockholder Equity | 1.5B | 1.5B | 1.5B | 1.4B | 1.4B | 883.5M | |
Total Liab | 586.1M | 639.2M | 615.9M | 659.1M | 491.5M | 518.3M | |
Total Current Assets | 1.1B | 1.1B | 1.2B | 1.5B | 1.7B | 1.8B | |
Short Term Debt | 65.9M | 106.5M | 83.9M | 62.3M | 59.0M | 43.3M | |
Non Currrent Assets Other | 17.7M | 13.6M | 41.3M | (6.7M) | 23.0M | 20.2M | |
Common Stock Total Equity | 391.7M | 418.5M | 426.1M | 1.5B | 1.7B | 1.8B | |
Short Term Investments | 391.7M | 499.2M | 553.7M | 665.1M | 974.5M | 1.0B | |
Property Plant And Equipment Gross | 699.8M | 839.2M | 3.7B | 4.0B | 4.4B | 4.6B | |
Accumulated Other Comprehensive Income | (18.2M) | (16.5M) | (27.9M) | (47.5M) | 149.4M | 156.9M | |
Intangible Assets | 13.5M | 14.0M | 14.8M | 9.8M | 5.1M | 4.9M | |
Common Stock | 426.1M | 431.0M | 435.5M | 440.2M | 443.6M | 465.8M | |
Other Liab | 87.2M | 82.6M | 108.6M | 61.6M | 70.9M | 83.8M | |
Other Assets | 86.5M | 74.2M | 93.4M | 76.1M | 87.6M | 91.9M | |
Long Term Debt | 245.8M | 283.8M | 231.0M | 210.1M | 172.6M | 247.9M | |
Property Plant Equipment | 699.8M | 858.2M | 890.8M | 962.3M | 1.1B | 589.6M | |
Current Deferred Revenue | 10.3M | 10.0M | 40.0M | 38.9M | 18.4M | 17.3M | |
Long Term Investments | 28.2M | 40.7M | 39.6M | 6.7M | 6.8M | 6.4M | |
Short Long Term Debt | 65.9M | 106.5M | 83.9M | 62.3M | 59.0M | 75.9M | |
Net Tangible Assets | 1.3B | 1.4B | 1.6B | 1.9B | 2.2B | 1.2B |
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Try AI Portfolio ArchitectCheck 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.