Tower Semiconductor Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Tower Semiconductor Ltd.'s balance sheet done over the years? Its assets were worth $2,918,517,000 last year, which is more than in the previous period. 17% of Tower Semiconductor Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $491,478,000, which means an decrease by -25% compared compared to last year.
Debt to Assets
| 2014 | 884146000 | 688.58M | 77.88% |
|---|---|---|---|
| 2015 | 966224000 | 580.63M | 60.09% |
| 2016 | 1379884000 | 697.27M | 50.53% |
| 2017 | 1673639000 | 643.93M | 38.48% |
| 2018 | 1789977000 | 553.77M | 30.94% |
| 2019 | 1932833000 | 586.11M | 30.32% |
| 2020 | 2094149000 | 639.24M | 30.53% |
| 2021 | 2231241000 | 615.85M | 27.6% |
| 2022 | 2547608000 | 659.06M | 25.87% |
| 2023 | 2918517000 | 491.47M | 16.84% |
TSEM Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 260.66M | 340.75M | 210.93M | 211.68M | 355.56M | 385.09M | 445.96M | 355.28M | 175.57M | 187.16M |
Short term investments | 975.78M | 665.05M | 553.71M | 499.19M | 391.67M | 255.92M | 113.87M | 34.09M | 30M | 0 |
Net receivables | 178.92M | 152.93M | 160.25M | 185.92M | 140.72M | 161.99M | 149.66M | 155.66M | 117.44M | 104.92M |
Inventory | 282.68M | 302.10M | 234.51M | 199.12M | 192.25M | 170.77M | 143.31M | 137.53M | 105.68M | 87.87M |
Other current assets | 11.09M | 34.31M | 54.81M | 30.81M | 22.01M | 14.17M | 21.51M | 1.65M | 18.49M | 14.11M |
Total current assets | 1.70B | 1.49B | 1.19B | 1.10B | 1.08B | 987.95M | 874.33M | 697.99M | 446.72M | 394.08M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.16B | 962.25M | 890.79M | 858.16M | 699.76M | 657.23M | 635.12M | 616.68M | 459.53M | 419.11M |
Goodwill | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M |
Intangible assets | 5.11M | 9.84M | 14.75M | 14.01M | 13.45M | 16.73M | 19.84M | 31.66M | 38.12M | 45.81M |
Long term investments | 6.78M | 6.72M | 27.65M | 40.69M | 40.08M | 35.94M | 26.07M | 25.62M | 11.73M | 11.89M |
Other non-current assets | 22.96M | -6.72M | 41.30M | 13.55M | 17.68M | 11.64M | 0 | -33.43M | 1.17M | 3.99M |
Total non-current assets | 1.20B | 1.05B | 1.03B | 991.23M | 844.35M | 802.01M | 799.30M | 681.88M | 519.49M | 490.06M |
Total assets | 2.91B | 2.54B | 2.23B | 2.09B | 1.93B | 1.78B | 1.67B | 1.37B | 966.22M | 884.14M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 18.41M | 38.91M | 39.99M | 10.02M | 10.32M | 20.71M | 14.33M | 26.16M | 23.37M | 5.47M |
Short term debt | 109.72M | 62.27M | 83.86M | 106.51M | 65.93M | 10.81M | 105.95M | 48.08M | 33.25M | 119.99M |
Total current liabilities | 276.83M | 387.38M | 276.32M | 272.91M | 253.05M | 203.72M | 302.37M | 247.11M | 211.11M | 300.32M |
| Non-current liabilities: | ||||||||||
Long term debt | 172.61M | 210.06M | 230.97M | 283.76M | 245.82M | 256.66M | 228.72M | 296.14M | 211.04M | 267.08M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 6.09M | 0 | 14.62M | 15.83M | 13.79M | 14.85M | 29.82M | 16.90M | 88.72M | 45.89M |
Total non-current liabilities | 214.64M | 271.67M | 339.52M | 366.33M | 333.05M | 350.05M | 341.56M | 450.15M | 369.51M | 388.26M |
Total liabilities | 491.47M | 659.06M | 615.85M | 639.24M | 586.11M | 553.77M | 643.93M | 697.27M | 580.63M | 688.58M |
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