Tower Gross Profit vs Net 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 Gross Profit and its Net 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.

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tower Semiconductor Gross Profit account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Tower Semiconductor's Gross Profit and Net Income is 0.8. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net 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 Gross Profit and Net 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 Gross Profit of Tower Semiconductor are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., Tower Semiconductor's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tower Semiconductor minus its cost of goods sold. It is profit before Tower Semiconductor operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Tower Semiconductor financial statement analysis. It represents the amount of money remaining after all of Tower Semiconductor operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Profit	329.1M	466.3M	353.5M	371.2M
Total Revenue	1.5B	1.7B	1.4B	1.5B

Gross Profit Total Revenue

Tower Semiconductor fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross	Intangible Assets
Total Assets		0.18	0.46	0.55	0.98	0.98	-0.51	0.7	0.57	0.47	0.98	0.99	0.9	0.87	-0.01	0.98	0.12	0.46	0.29	0.99	0.27	0.36	0.91	0.92	0.85	-0.56
Short Long Term Debt Total	0.18		0.38	0.55	0.02	0.27	0.4	-0.5	0.44	0.28	0.33	0.05	0.46	0.31	0.92	0.14	-0.26	0.73	0.92	0.09	0.63	0.07	0.08	-0.08	-0.07	0.55
Other Current Liab	0.46	0.38		0.91	0.35	0.45	-0.25	-0.02	0.81	0.62	0.49	0.38	0.5	0.56	0.27	0.55	0.17	0.71	0.67	0.43	0.41	-0.14	0.36	0.23	0.36	0.01
Total Current Liabilities	0.55	0.55	0.91		0.42	0.55	-0.18	-0.01	0.88	0.68	0.6	0.46	0.62	0.65	0.33	0.58	0.15	0.8	0.76	0.5	0.7	0.08	0.43	0.3	0.36	0.02
Total Stockholder Equity	0.98	0.02	0.35	0.42		0.95	-0.57	0.81	0.46	0.4	0.94	1.0	0.83	0.82	-0.17	0.97	0.16	0.31	0.11	0.99	0.17	0.38	0.92	0.96	0.87	-0.68
Property Plant And Equipment Net	0.98	0.27	0.45	0.55	0.95		-0.39	0.64	0.58	0.4	0.99	0.96	0.89	0.83	0.1	0.96	0.06	0.48	0.36	0.97	0.29	0.35	0.91	0.91	0.86	-0.44
Net Debt	-0.51	0.4	-0.25	-0.18	-0.57	-0.39		-0.55	-0.29	-0.68	-0.4	-0.58	-0.43	-0.6	0.43	-0.52	-0.01	-0.06	0.2	-0.57	0.17	0.01	-0.29	-0.42	-0.35	0.72
Retained Earnings	0.7	-0.5	-0.02	-0.01	0.81	0.64	-0.55		0.06	0.01	0.59	0.78	0.38	0.41	-0.65	0.7	0.29	-0.26	-0.45	0.75	-0.12	0.33	0.76	0.88	0.79	-0.84
Accounts Payable	0.57	0.44	0.81	0.88	0.46	0.58	-0.29	0.06		0.7	0.62	0.51	0.6	0.59	0.31	0.58	-0.15	0.77	0.68	0.53	0.41	0.02	0.35	0.34	0.34	0.04
Cash	0.47	0.28	0.62	0.68	0.4	0.4	-0.68	0.01	0.7		0.48	0.43	0.63	0.74	0.19	0.47	-0.08	0.7	0.49	0.46	0.32	-0.03	0.17	0.16	0.1	-0.25
Non Current Assets Total	0.98	0.33	0.49	0.6	0.94	0.99	-0.4	0.59	0.62	0.48		0.94	0.92	0.86	0.15	0.96	0.1	0.56	0.43	0.96	0.34	0.4	0.89	0.87	0.81	-0.42
Cash And Short Term Investments	0.99	0.05	0.38	0.46	1.0	0.96	-0.58	0.78	0.51	0.43	0.94		0.84	0.84	-0.14	0.97	0.11	0.34	0.15	1.0	0.19	0.35	0.9	0.95	0.86	-0.66
Net Receivables	0.9	0.46	0.5	0.62	0.83	0.89	-0.43	0.38	0.6	0.63	0.92	0.84		0.95	0.29	0.86	-0.03	0.68	0.53	0.87	0.39	0.23	0.77	0.7	0.59	-0.38
Common Stock Shares Outstanding	0.87	0.31	0.56	0.65	0.82	0.83	-0.6	0.41	0.59	0.74	0.86	0.84	0.95		0.12	0.87	0.09	0.64	0.43	0.86	0.39	0.2	0.72	0.67	0.58	-0.52
Non Current Liabilities Total	-0.01	0.92	0.27	0.33	-0.17	0.1	0.43	-0.65	0.31	0.19	0.15	-0.14	0.29	0.12		-0.05	-0.41	0.63	0.86	-0.1	0.31	-0.09	-0.15	-0.27	-0.21	0.71
Inventory	0.98	0.14	0.55	0.58	0.97	0.96	-0.52	0.7	0.58	0.47	0.96	0.97	0.86	0.87	-0.05		0.19	0.46	0.28	0.99	0.24	0.29	0.92	0.92	0.87	-0.58
Other Current Assets	0.12	-0.26	0.17	0.15	0.16	0.06	-0.01	0.29	-0.15	-0.08	0.1	0.11	-0.03	0.09	-0.41	0.19		-0.01	-0.2	0.13	0.21	0.48	0.31	0.19	0.25	-0.41
Other Stockholder Equity	0.46	0.73	0.71	0.8	0.31	0.48	-0.06	-0.26	0.77	0.7	0.56	0.34	0.68	0.64	0.63	0.46	-0.01		0.86	0.39	0.49	0.12	0.28	0.14	0.15	0.18
Total Liab	0.29	0.92	0.67	0.76	0.11	0.36	0.2	-0.45	0.68	0.49	0.43	0.15	0.53	0.43	0.86	0.28	-0.2	0.86		0.2	0.58	-0.02	0.13	-0.03	0.05	0.5
Total Current Assets	0.99	0.09	0.43	0.5	0.99	0.97	-0.57	0.75	0.53	0.46	0.96	1.0	0.87	0.86	-0.1	0.99	0.13	0.39	0.2		0.22	0.34	0.91	0.94	0.86	-0.64
Short Term Debt	0.27	0.63	0.41	0.7	0.17	0.29	0.17	-0.12	0.41	0.32	0.34	0.19	0.39	0.39	0.31	0.24	0.21	0.49	0.58	0.22		0.3	0.27	0.11	0.09	0.11
Non Currrent Assets Other	0.36	0.07	-0.14	0.08	0.38	0.35	0.01	0.33	0.02	-0.03	0.4	0.35	0.23	0.2	-0.09	0.29	0.48	0.12	-0.02	0.34	0.3		0.36	0.4	0.34	-0.22
Common Stock Total Equity	0.91	0.08	0.36	0.43	0.92	0.91	-0.29	0.76	0.35	0.17	0.89	0.9	0.77	0.72	-0.15	0.92	0.31	0.28	0.13	0.91	0.27	0.36		0.94	0.9	-0.6
Short Term Investments	0.92	-0.08	0.23	0.3	0.96	0.91	-0.42	0.88	0.34	0.16	0.87	0.95	0.7	0.67	-0.27	0.92	0.19	0.14	-0.03	0.94	0.11	0.4	0.94		0.92	-0.67
Property Plant And Equipment Gross	0.85	-0.07	0.36	0.36	0.87	0.86	-0.35	0.79	0.34	0.1	0.81	0.86	0.59	0.58	-0.21	0.87	0.25	0.15	0.05	0.86	0.09	0.34	0.9	0.92		-0.52
Intangible Assets	-0.56	0.55	0.01	0.02	-0.68	-0.44	0.72	-0.84	0.04	-0.25	-0.42	-0.66	-0.38	-0.52	0.71	-0.58	-0.41	0.18	0.5	-0.64	0.11	-0.22	-0.6	-0.67	-0.52

Click cells to compare fundamentals

Tower Semiconductor Account Relationship Matchups

Tower Semiconductor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	2.1B	2.2B	2.5B	2.9B	3.1B
Short Long Term Debt Total	311.8M	390.3M	314.8M	272.3M	231.6M	312.5M
Other Current Liab	57.6M	59.4M	73.8M	135.3M	60.3M	39.5M
Total Current Liabilities	253.1M	272.9M	276.3M	387.4M	276.8M	164.3M
Total Stockholder Equity	1.4B	1.5B	1.6B	1.9B	2.4B	2.6B
Property Plant And Equipment Net	699.8M	858.2M	890.8M	962.3M	1.2B	1.2B
Net Debt	(43.8M)	178.6M	103.9M	(68.4M)	(29.1M)	(27.6M)
Retained Earnings	(547.4M)	(465.5M)	(315.4M)	(50.9M)	467.6M	491.0M
Accounts Payable	119.2M	96.9M	78.7M	150.9M	139.1M	74.3M
Cash	355.6M	211.7M	210.9M	340.8M	260.7M	135.1M
Non Current Assets Total	844.4M	991.2M	1.0B	1.1B	1.2B	1.3B
Cash And Short Term Investments	747.2M	710.9M	764.6M	1.0B	1.2B	1.3B
Net Receivables	140.7M	185.9M	160.3M	152.9M	180.2M	189.2M
Common Stock Shares Outstanding	107.4M	108.5M	109.8M	110.8M	111.2M	116.8M
Liabilities And Stockholders Equity	1.9B	2.1B	2.2B	2.6B	2.9B	3.1B
Non Current Liabilities Total	333.1M	366.3M	339.5M	271.7M	214.6M	353.9M
Inventory	192.3M	199.1M	234.5M	302.1M	282.7M	296.8M
Other Current Assets	22.0M	30.8M	54.8M	34.3M	11.1M	10.5M
Other Stockholder Equity	1.5B	1.5B	1.5B	1.6B	1.4B	890.0M
Total Liab	586.1M	639.2M	615.9M	659.1M	491.5M	518.3M
Total Current Assets	1.1B	1.1B	1.2B	1.5B	1.7B	1.8B
Short Term Debt	65.9M	106.5M	83.9M	62.3M	59.0M	43.3M
Non Currrent Assets Other	17.7M	13.6M	41.3M	(6.7M)	20.3M	20.1M
Common Stock Total Equity	391.7M	418.5M	426.1M	1.5B	1.7B	1.8B
Short Term Investments	391.7M	499.2M	553.7M	665.1M	974.5M	1.0B
Property Plant And Equipment Gross	699.8M	839.2M	3.7B	4.0B	4.4B	4.6B
Accumulated Other Comprehensive Income	(18.2M)	(16.5M)	(27.9M)	(47.5M)	149.4M	156.9M
Intangible Assets	13.5M	14.0M	14.8M	9.8M	7.8M	7.4M
Common Stock	426.1M	431.0M	435.5M	440.2M	443.6M	465.8M
Other Liab	87.2M	82.6M	108.6M	61.6M	70.9M	83.8M
Other Assets	86.5M	74.2M	93.4M	76.1M	87.6M	91.9M
Long Term Debt	245.8M	283.8M	231.0M	210.1M	172.6M	247.9M
Property Plant Equipment	699.8M	858.2M	890.8M	962.3M	1.1B	589.6M
Current Deferred Revenue	10.3M	10.0M	40.0M	38.9M	18.4M	17.3M
Long Term Investments	28.2M	40.7M	39.6M	6.7M	6.8M	6.4M
Short Long Term Debt	65.9M	106.5M	83.9M	62.3M	59.0M	75.9M
Net Tangible Assets	1.3B	1.4B	1.6B	1.9B	2.2B	1.2B

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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:

How To Invest In Tower

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Is Tower Stock a good investment?

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What is Tower Semiconductor's Net Worth?

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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Tower Semiconductor's price analysis, check to measure Tower Semiconductor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tower Semiconductor is operating at the current time. Most of Tower Semiconductor's value examination focuses on studying past and present price action to predict the probability of Tower Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tower Semiconductor's price. Additionally, you may evaluate how the addition of Tower Semiconductor to your portfolios can decrease your overall portfolio volatility.

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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.

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Tower Gross Profit vs Net Income Analysis

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

Correlation Coefficient

Gross Profit

Net Income

Tower Semiconductor fundamental ratios Correlations

Tower Semiconductor Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tower Semiconductor fundamental ratios Accounts

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Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Tower Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Intangible Assets	- 0.84	Retained Earnings
Cash	- 0.68	Net Debt
Intangible Assets	- 0.68	Total Stockholder Equity
Intangible Assets	- 0.67	Short Term Investments
Intangible Assets	- 0.66	Cash And Short Term Investments
Non Current Liabilities Total	- 0.65	Retained Earnings