Tower Semiconductor Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	272.74	271.89	260.66	340.76	210.93	211.68
Short-Term Investments	950.56	946.35	975.78	665.05	553.72	499.2
Cash & Short-Term Investments	1,223	1,218	1,236	1,006	764.65	710.88
Cash Growth	1.52%	-1.47%	22.93%	31.54%	7.56%	-4.87%
Accounts Receivable	213.01	211.93	154.07	152.94	142.23	162.1
Other Receivables	-	28.83	24.86	24.54	18.03	23.82
Receivables	213.01	240.76	178.93	177.47	160.26	185.92
Inventory	286.68	268.3	282.69	302.11	234.51	199.13
Prepaid Expenses	-	32.99	11.1	9.78	36.79	6.99
Other Current Assets	56.56	-	-	-	-	-
Total Current Assets	1,780	1,760	1,709	1,495	1,196	1,103
Property, Plant & Equipment	1,440	1,294	1,166	972.61	890.8	858.16
Long-Term Investments	-	6.78	6.78	6.72	32.03	40.89
Goodwill	-	7	7	7	7	7
Other Intangible Assets	-	3.2	5.12	7.03	11.82	10.96
Long-Term Deferred Tax Assets	-	1.77	1.81	32.79	53.53	57.8
Other Long-Term Assets	32.8	6.96	22.96	26.28	39.87	16.42
Total Assets	3,253	3,080	2,919	2,548	2,231	2,094
Accounts Payable	131.91	130.62	139.13	150.93	78.71	96.94
Accrued Expenses	-	65.2	51.05	59.17	58.34	52.4
Current Portion of Long-Term Debt	33.2	19.68	15.17	19.49	43.07	65.1
Current Portion of Leases	-	28.7	43.78	42.78	40.79	41.41
Current Income Taxes Payable	-	12.43	7.4	7.95	10.27	4.94
Current Unearned Revenue	19.93	21.66	18.42	38.91	39.99	10.03
Other Current Liabilities	84.21	6.78	1.89	68.15	5.15	2.1
Total Current Liabilities	269.24	285.06	276.84	387.39	276.33	272.91
Long-Term Debt	130.88	79.81	88.36	84.38	118.62	146.54
Long-Term Leases	-	52.63	84.25	125.69	112.36	137.23
Pension & Post-Retirement Benefits	-	4.99	6.1	7.71	14.62	15.83
Long-Term Deferred Tax Liabilities	-	-	-	13.01	23.96	41.29
Other Long-Term Liabilities	19.9	17.82	35.93	40.89	69.97	25.45
Total Liabilities	420.02	440.31	491.48	659.07	615.85	639.25
Common Stock	2,833	446.56	443.63	440.15	435.45	431
Additional Paid-In Capital	-	1,378	1,381	1,384	1,389	1,393
Retained Earnings	-	675.48	467.62	-50.88	-315.45	-465.46
Treasury Stock	-	-9.07	-9.07	-9.07	-9.07	-9.07
Comprehensive Income & Other	-	162.36	149.41	126.58	122.02	108.25
Total Common Equity	2,833	2,653	2,432	1,891	1,622	1,458
Minority Interest	-	-13.14	-5.46	-2.64	-6.62	-2.91
Shareholders' Equity	2,833	2,640	2,427	1,889	1,615	1,455
Total Liabilities & Equity	3,253	3,080	2,919	2,548	2,231	2,094
Total Debt	164.09	180.81	231.56	272.34	314.84	390.28
Net Cash (Debt)	1,059	1,037	1,005	733.47	449.81	320.6
Net Cash Growth	4.70%	3.24%	37.00%	63.06%	40.30%	-26.38%
Net Cash Per Share	9.35	9.23	9.04	6.62	4.10	2.96
Filing Date Shares Outstanding	112.13	111.55	110.83	109.97	108.88	107.92
Total Common Shares Outstanding	112.13	111.55	110.83	109.95	108.88	107.92
Working Capital	1,510	1,475	1,432	1,108	919.88	830
Book Value Per Share	25.26	23.79	21.95	17.20	14.90	13.51
Tangible Book Value	2,833	2,643	2,420	1,877	1,603	1,440
Tangible Book Value Per Share	25.26	23.69	21.84	17.07	14.72	13.34
Land	-	463.56	429.19	429.28	432.07	430.26
Machinery	-	4,282	3,977	3,577	3,254	2,998

Source: S&P Global Market Intelligence. Standard template. Financial Sources.