Tower Depreciation And Amortization vs Interest Income Analysis

TSEM Stock  USD 36.97  0.22  0.60%   
Tower Semiconductor financial indicator trend analysis is much more than just breaking down Tower Semiconductor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tower Semiconductor is a good investment. Please check the relationship between Tower Semiconductor Depreciation And Amortization and its Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.

Depreciation And Amortization vs Interest Income

Depreciation And Amortization vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tower Semiconductor Depreciation And Amortization account and Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tower Semiconductor's Depreciation And Amortization and Interest Income is -0.55. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Interest Income in the same time period over historical financial statements of Tower Semiconductor, assuming nothing else is changed. The correlation between historical values of Tower Semiconductor's Depreciation And Amortization and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Tower Semiconductor are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Depreciation And Amortization i.e., Tower Semiconductor's Depreciation And Amortization and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Tower Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tower Semiconductor current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.As of the 16th of May 2024, Tax Provision is likely to grow to about 71.4 M, while Selling General Administrative is likely to drop about 43.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit329.1M466.3M353.5M371.2M
Total Revenue1.5B1.7B1.4B1.5B

Tower Semiconductor fundamental ratios Correlations

0.180.460.550.980.98-0.510.70.570.470.980.990.90.87-0.010.980.120.460.290.990.270.360.910.920.85-0.56
0.180.380.550.020.270.4-0.50.440.280.330.050.460.310.920.14-0.260.730.920.090.630.070.08-0.08-0.070.55
0.460.380.910.350.45-0.25-0.020.810.620.490.380.50.560.270.550.170.710.670.430.41-0.140.360.230.360.01
0.550.550.910.420.55-0.18-0.010.880.680.60.460.620.650.330.580.150.80.760.50.70.080.430.30.360.02
0.980.020.350.420.95-0.570.810.460.40.941.00.830.82-0.170.970.160.310.110.990.170.380.920.960.87-0.68
0.980.270.450.550.95-0.390.640.580.40.990.960.890.830.10.960.060.480.360.970.290.350.910.910.86-0.44
-0.510.4-0.25-0.18-0.57-0.39-0.55-0.29-0.68-0.4-0.58-0.43-0.60.43-0.52-0.01-0.060.2-0.570.170.01-0.29-0.42-0.350.72
0.7-0.5-0.02-0.010.810.64-0.550.060.010.590.780.380.41-0.650.70.29-0.26-0.450.75-0.120.330.760.880.79-0.84
0.570.440.810.880.460.58-0.290.060.70.620.510.60.590.310.58-0.150.770.680.530.410.020.350.340.340.04
0.470.280.620.680.40.4-0.680.010.70.480.430.630.740.190.47-0.080.70.490.460.32-0.030.170.160.1-0.25
0.980.330.490.60.940.99-0.40.590.620.480.940.920.860.150.960.10.560.430.960.340.40.890.870.81-0.42
0.990.050.380.461.00.96-0.580.780.510.430.940.840.84-0.140.970.110.340.151.00.190.350.90.950.86-0.66
0.90.460.50.620.830.89-0.430.380.60.630.920.840.950.290.86-0.030.680.530.870.390.230.770.70.59-0.38
0.870.310.560.650.820.83-0.60.410.590.740.860.840.950.120.870.090.640.430.860.390.20.720.670.58-0.52
-0.010.920.270.33-0.170.10.43-0.650.310.190.15-0.140.290.12-0.05-0.410.630.86-0.10.31-0.09-0.15-0.27-0.210.71
0.980.140.550.580.970.96-0.520.70.580.470.960.970.860.87-0.050.190.460.280.990.240.290.920.920.87-0.58
0.12-0.260.170.150.160.06-0.010.29-0.15-0.080.10.11-0.030.09-0.410.19-0.01-0.20.130.210.480.310.190.25-0.41
0.460.730.710.80.310.48-0.06-0.260.770.70.560.340.680.640.630.46-0.010.860.390.490.120.280.140.150.18
0.290.920.670.760.110.360.2-0.450.680.490.430.150.530.430.860.28-0.20.860.20.58-0.020.13-0.030.050.5
0.990.090.430.50.990.97-0.570.750.530.460.961.00.870.86-0.10.990.130.390.20.220.340.910.940.86-0.64
0.270.630.410.70.170.290.17-0.120.410.320.340.190.390.390.310.240.210.490.580.220.30.270.110.090.11
0.360.07-0.140.080.380.350.010.330.02-0.030.40.350.230.2-0.090.290.480.12-0.020.340.30.360.40.34-0.22
0.910.080.360.430.920.91-0.290.760.350.170.890.90.770.72-0.150.920.310.280.130.910.270.360.940.9-0.6
0.92-0.080.230.30.960.91-0.420.880.340.160.870.950.70.67-0.270.920.190.14-0.030.940.110.40.940.92-0.67
0.85-0.070.360.360.870.86-0.350.790.340.10.810.860.590.58-0.210.870.250.150.050.860.090.340.90.92-0.52
-0.560.550.010.02-0.68-0.440.72-0.840.04-0.25-0.42-0.66-0.38-0.520.71-0.58-0.410.180.5-0.640.11-0.22-0.6-0.67-0.52
Click cells to compare fundamentals

Tower Semiconductor Account Relationship Matchups

Tower Semiconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.1B2.2B2.5B2.9B3.1B
Short Long Term Debt Total311.8M390.3M314.8M272.3M231.6M312.5M
Other Current Liab57.6M59.4M73.8M135.3M60.3M39.5M
Total Current Liabilities253.1M272.9M276.3M387.4M276.8M164.3M
Total Stockholder Equity1.4B1.5B1.6B1.9B2.4B2.6B
Property Plant And Equipment Net699.8M858.2M890.8M962.3M1.2B1.2B
Net Debt(43.8M)178.6M103.9M(68.4M)(29.1M)(27.6M)
Retained Earnings(547.4M)(465.5M)(315.4M)(50.9M)467.6M491.0M
Accounts Payable119.2M96.9M78.7M150.9M139.1M74.3M
Cash355.6M211.7M210.9M340.8M260.7M135.1M
Non Current Assets Total844.4M991.2M1.0B1.1B1.2B1.3B
Cash And Short Term Investments747.2M710.9M764.6M1.0B1.2B1.3B
Net Receivables140.7M185.9M160.3M152.9M180.2M189.2M
Common Stock Shares Outstanding107.4M108.5M109.8M110.8M111.2M116.8M
Liabilities And Stockholders Equity1.9B2.1B2.2B2.6B2.9B3.1B
Non Current Liabilities Total333.1M366.3M339.5M271.7M214.6M353.9M
Inventory192.3M199.1M234.5M302.1M282.7M296.8M
Other Current Assets22.0M30.8M54.8M34.3M11.1M10.5M
Other Stockholder Equity1.5B1.5B1.5B1.6B1.4B890.0M
Total Liab586.1M639.2M615.9M659.1M491.5M518.3M
Total Current Assets1.1B1.1B1.2B1.5B1.7B1.8B
Short Term Debt65.9M106.5M83.9M62.3M59.0M43.3M
Non Currrent Assets Other17.7M13.6M41.3M(6.7M)20.3M20.1M
Common Stock Total Equity391.7M418.5M426.1M1.5B1.7B1.8B
Short Term Investments391.7M499.2M553.7M665.1M974.5M1.0B
Property Plant And Equipment Gross699.8M839.2M3.7B4.0B4.4B4.6B
Accumulated Other Comprehensive Income(18.2M)(16.5M)(27.9M)(47.5M)149.4M156.9M
Intangible Assets13.5M14.0M14.8M9.8M7.8M7.4M
Common Stock426.1M431.0M435.5M440.2M443.6M465.8M
Other Liab87.2M82.6M108.6M61.6M70.9M83.8M
Other Assets86.5M74.2M93.4M76.1M87.6M91.9M
Long Term Debt245.8M283.8M231.0M210.1M172.6M247.9M
Property Plant Equipment699.8M858.2M890.8M962.3M1.1B589.6M
Current Deferred Revenue10.3M10.0M40.0M38.9M18.4M17.3M
Long Term Investments28.2M40.7M39.6M6.7M6.8M6.4M
Short Long Term Debt65.9M106.5M83.9M62.3M59.0M75.9M
Net Tangible Assets1.3B1.4B1.6B1.9B2.2B1.2B

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When determining whether Tower Semiconductor is a strong investment it is important to analyze Tower Semiconductor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tower Semiconductor's future performance. For an informed investment choice regarding Tower Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.
Note that the Tower Semiconductor information on this page should be used as a complementary analysis to other Tower Semiconductor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Tower Semiconductor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tower Semiconductor. If investors know Tower will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tower Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.36)
Earnings Share
4.66
Revenue Per Share
12.9
Quarterly Revenue Growth
(0.13)
Return On Assets
0.046
The market value of Tower Semiconductor is measured differently than its book value, which is the value of Tower that is recorded on the company's balance sheet. Investors also form their own opinion of Tower Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Tower Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tower Semiconductor's market value can be influenced by many factors that don't directly affect Tower Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tower Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tower Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tower Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.