Tower Semiconductor Ltd. (TSEM)

Tower Semiconductor Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	274.82	271.89	260.66	340.76	210.93	211.68
Short-Term Investments	906.45	946.35	975.78	665.05	553.72	499.2
Cash & Short-Term Investments	1,181	1,218	1,236	1,006	764.65	710.88
Cash Growth	-4.94%	-1.47%	22.93%	31.54%	7.56%	-4.87%
Accounts Receivable	219.5	211.93	154.07	152.94	142.23	162.1
Other Receivables	-	28.83	24.86	24.54	18.03	23.82
Receivables	219.5	240.76	178.93	177.47	160.26	185.92
Inventory	276.07	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	51.43	-	-	-	-	-
Total Current Assets	1,728	1,760	1,709	1,495	1,196	1,103
Property, Plant & Equipment	1,346	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	34.13	6.96	22.96	26.28	39.87	16.42
Total Assets	3,109	3,080	2,919	2,548	2,231	2,094
Accounts Payable	118.32	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	27.49	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	17.23	21.66	18.42	38.91	39.99	10.03
Other Current Liabilities	86.42	6.78	1.89	68.15	5.15	2.1
Total Current Liabilities	249.46	285.06	276.84	387.39	276.33	272.91
Long-Term Debt	134.84	79.81	88.36	84.38	118.62	146.54
Long-Term Leases	-	52.63	84.25	125.69	112.36	137.23
Long-Term Deferred Tax Liabilities	-	-	-	13.01	23.96	41.29
Other Long-Term Liabilities	22.29	17.82	35.93	40.89	69.97	25.45
Total Liabilities	406.59	440.31	491.48	659.07	615.85	639.25
Common Stock	2,702	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	2,702	2,653	2,432	1,891	1,622	1,458
Minority Interest	-	-13.14	-5.46	-2.64	-6.62	-2.91
Shareholders' Equity	2,702	2,640	2,427	1,889	1,615	1,455
Total Liabilities & Equity	3,109	3,080	2,919	2,548	2,231	2,094
Total Debt	162.33	180.81	231.56	272.34	314.84	390.28
Net Cash (Debt)	1,019	1,037	1,005	733.47	449.81	320.6
Net Cash Growth	-1.38%	3.24%	37.00%	63.06%	40.30%	-26.38%
Net Cash Per Share	9.04	9.23	9.04	6.62	4.10	2.96
Filing Date Shares Outstanding	111.58	111.55	110.83	109.97	108.88	107.92
Total Common Shares Outstanding	111.58	111.55	110.83	109.95	108.88	107.92
Working Capital	1,479	1,475	1,432	1,108	919.88	830
Book Value Per Share	24.22	23.79	21.95	17.20	14.90	13.51
Tangible Book Value	2,702	2,643	2,420	1,877	1,603	1,440
Tangible Book Value Per Share	24.22	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

Updated May 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q