Tower Semiconductor Ltd. (TLV:TSEM)

Tower Semiconductor Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	271.89	260.66	340.76	210.93	211.68
Short-Term Investments	946.35	975.78	665.05	553.72	499.2
Cash & Short-Term Investments	1,218	1,236	1,006	764.65	710.88
Cash Growth	-1.47%	22.93%	31.54%	7.56%	-4.87%
Accounts Receivable	211.93	154.07	152.94	142.23	162.1
Other Receivables	-	24.86	24.54	18.03	23.82
Receivables	211.93	178.93	177.47	160.26	185.92
Inventory	268.3	282.69	302.11	234.51	199.13
Prepaid Expenses	-	11.1	9.78	36.79	6.99
Other Current Assets	61.82	-	-	-	-
Total Current Assets	1,760	1,709	1,495	1,196	1,103
Property, Plant & Equipment	1,287	1,166	972.61	890.8	858.16
Long-Term Investments	-	6.78	6.72	32.03	40.89
Goodwill	-	7	7	7	7
Other Intangible Assets	10.2	5.12	7.03	11.82	10.96
Long-Term Deferred Tax Assets	-	1.81	32.79	53.53	57.8
Other Long-Term Assets	23.38	22.96	26.28	39.87	16.42
Total Assets	3,080	2,919	2,548	2,231	2,094
Accounts Payable	130.62	139.13	150.93	78.71	96.94
Accrued Expenses	-	51.34	59.17	58.34	52.4
Current Portion of Long-Term Debt	48.38	15.17	19.49	43.07	65.1
Current Portion of Leases	-	43.78	42.78	40.79	41.41
Current Income Taxes Payable	-	7.4	7.95	10.27	4.94
Current Unearned Revenue	21.66	18.42	38.91	39.99	10.03
Other Current Liabilities	84.41	1.6	68.15	5.15	2.1
Total Current Liabilities	285.06	276.84	387.39	276.33	272.91
Long-Term Debt	132.44	88.36	84.38	118.62	146.54
Long-Term Leases	-	84.25	125.69	112.36	137.23
Long-Term Deferred Tax Liabilities	-	10.22	13.01	23.96	41.29
Other Long-Term Liabilities	22.8	25.71	40.89	69.97	25.45
Total Liabilities	440.31	491.48	659.07	615.85	639.25
Common Stock	2,640	443.63	440.15	435.45	431
Additional Paid-In Capital	-	1,381	1,384	1,389	1,393
Retained Earnings	-	467.62	-50.88	-315.45	-465.46
Treasury Stock	-	-9.07	-9.07	-9.07	-9.07
Comprehensive Income & Other	-	149.41	126.58	122.02	108.25
Total Common Equity	2,640	2,432	1,891	1,622	1,458
Minority Interest	-	-5.46	-2.64	-6.62	-2.91
Shareholders' Equity	2,640	2,427	1,889	1,615	1,455
Total Liabilities & Equity	3,080	2,919	2,548	2,231	2,094
Total Debt	180.81	231.56	272.34	314.84	390.28
Net Cash (Debt)	1,037	1,005	733.47	449.81	320.6
Net Cash Growth	3.24%	37.00%	63.06%	40.30%	-26.38%
Net Cash Per Share	9.23	9.04	6.62	4.10	2.96
Filing Date Shares Outstanding	111.49	110.83	109.97	108.88	107.92
Total Common Shares Outstanding	111.49	110.83	109.95	108.88	107.92
Working Capital	1,475	1,432	1,108	919.88	830
Book Value Per Share	23.68	21.95	17.20	14.90	13.51
Tangible Book Value	2,630	2,420	1,877	1,603	1,440
Tangible Book Value Per Share	23.59	21.84	17.07	14.72	13.34
Land	-	429.19	429.28	432.07	430.26
Machinery	-	3,977	3,577	3,254	2,998

Source: S&P Capital IQ. Standard template. Financial Sources.