Tower Semiconductor Ltd. (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	28.83	24.86	24.54	18.03	23.82
Receivables	240.76	178.93	177.47	160.26	185.92
Inventory	268.3	282.69	302.11	234.51	199.13
Prepaid Expenses	32.99	11.1	9.78	36.79	6.99
Total Current Assets	1,760	1,709	1,495	1,196	1,103
Property, Plant & Equipment	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	6.96	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	65.2	51.05	59.17	58.34	52.4
Current Portion of Long-Term Debt	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	21.66	18.42	38.91	39.99	10.03
Other Current Liabilities	6.78	1.89	68.15	5.15	2.1
Total Current Liabilities	285.06	276.84	387.39	276.33	272.91
Long-Term Debt	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	17.82	35.93	40.89	69.97	25.45
Total Liabilities	440.31	491.48	659.07	615.85	639.25
Common Stock	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	2,653	2,432	1,891	1,622	1,458
Minority Interest	-13.14	-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	111.55	110.83	109.97	108.88	107.92
Total Common Shares Outstanding	111.55	110.83	109.95	108.88	107.92
Working Capital	1,475	1,432	1,108	919.88	830
Book Value Per Share	23.79	21.95	17.20	14.90	13.51
Tangible Book Value	2,643	2,420	1,877	1,603	1,440
Tangible Book Value Per Share	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 Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q