Tower Semiconductor Ltd.
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Tower Semiconductor Ltd. generated cash of $676,561,000, which is more than the previous year. Cash used in financing activities reached the amount of -$30,414,000 last year. Net change in cash is therefore -$80,095,000.
Cash Flow
| 2014 | 97.76M | 17.29M | -31.79M |
|---|---|---|---|
| 2015 | 170.30M | -195.48M | 13.75M |
| 2016 | 327.46M | -226.72M | 73.33M |
| 2017 | 355.63M | -245.36M | -23.31M |
| 2018 | 312.89M | -328.21M | -48.13M |
| 2019 | 291.32M | -305.09M | -17.56M |
| 2020 | 276.56M | -363.60M | -61.18M |
| 2021 | 421.29M | -338.94M | -76.85M |
| 2022 | 529.82M | -329.44M | -66.65M |
| 2023 | 676.56M | -720.84M | -30.41M |
TSEM Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 340.75M | 210.93M | 211.68M | 355.56M | 385.09M | 445.96M | 355.28M | 175.57M | 187.16M | 112.87M |
Operating activities | ||||||||||
Net income | 518.49M | 266.47M | 154.07M | 83.28M | 88.07M | 133.37M | 301.65M | 209.16M | -29.12M | -1.37M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 258.02M | 292.63M | 270.71M | 240.53M | 214.47M | 214.39M | 208.41M | 197.60M | 168.03M | 243.36M |
Stock-based compensation expense | 0 | 24.21M | 25.14M | 16.98M | 14.54M | 0 | 11.64M | 9.40M | 7.54M | 4.68M |
| Deferred income tax benefit | 0 | 24.21M | 25.14M | 16.98M | 14.54M | 0 | 11.64M | 9.40M | 7.54M | 4.68M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -3.16M | -15.23M | 14.33M | -33.08M | 27.31M | -3.09M | -6.56M | -30.10M | -11.11M | -24.02M |
Inventories | 8.68M | -77.89M | -44.19M | -2.89M | -21.02M | -26.34M | -4.27M | -22.06M | -17.90M | -1.75M |
Accounts payable | -8.25M | -20.89M | -25.00M | -18.57M | -339K | -3.56M | -8.64M | 5.55M | -26.16M | 11.10M |
Cash generated by operating activities | 676.56M | 529.82M | 421.29M | 276.56M | 291.32M | 312.89M | 355.63M | 327.46M | 170.30M | 97.76M |
Investing activities | ||||||||||
Purchases Of Investments | -300.51M | -115.91M | -57.89M | -105.62M | -132.51M | -143.94M | -80.64M | -17.10M | -30M | -76K |
Investments In Property Plant And Equipment | -444.50M | -213.53M | -313.80M | -313.65M | -191.39M | -210.19M | -187.67M | -217.49M | -165.37M | -50.20M |
Acquisitions Net | 12.31M | 152.86M | 34.54M | 57.11M | 19.23M | 40.45M | 20.03M | 7.87M | 6.58M | 57.58M |
Cash generated by investing activities | -720.84M | -329.44M | -338.94M | -363.60M | -305.09M | -328.21M | -245.36M | -226.72M | -195.48M | 17.29M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 44K | 458K | 2.51M | 1.84M | 714K | 31.31M | 38.80M | 14.42M | 19.61M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | -4.37M | -2.56M | -1.57M | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -32.34M | -78.37M | -173.45M | -63.69M | -19.40M | -147.83M | -50.25M | -132.01M | 903K | -137.29M |
Cash used in financing activities | -30.41M | -66.65M | -76.85M | -61.18M | -17.56M | -48.13M | -23.31M | 73.33M | 13.75M | -31.79M |
Net Change In Cash | -80.09M | 129.82M | -753K | -143.87M | -29.53M | -60.87M | 90.67M | 179.70M | -11.59M | 74.29M |
Cash at end of period | 260.66M | 340.75M | 210.93M | 211.68M | 355.56M | 385.09M | 445.96M | 355.28M | 175.57M | 187.16M |
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