Tower Semiconductor Balance Sheet Health
Financial Health criteria checks 6/6
Tower Semiconductor has a total shareholder equity of $2.4B and total debt of $103.5M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are $2.9B and $491.5M respectively. Tower Semiconductor's EBIT is $201.3M making its interest coverage ratio -5.8. It has cash and short-term investments of $1.2B.
Key information
4.3%
Debt to equity ratio
US$103.53m
Debt
| Interest coverage ratio | -5.8x |
| Cash | US$1.24b |
| Equity | US$2.43b |
| Total liabilities | US$491.48m |
| Total assets | US$2.92b |
Recent financial health updates
Recent updates
Tower Semiconductor: Revenue Expected To Grow By 90% But Stay Prudent For Now
Apr 18Tower Semiconductor (NASDAQ:TSEM) Seems To Use Debt Quite Sensibly
Apr 05
Tower Semiconductor: Tough 2023, But I Am Hopeful Going Forward
Feb 29Why Tower Semiconductor's (NASDAQ:TSEM) Healthy Earnings Aren’t As Good As They Seem
Feb 21Is It Time To Consider Buying Tower Semiconductor Ltd. (NASDAQ:TSEM)?
Feb 15Tower Semiconductor: Recent Years Of Incredible Growth Can Persist
Jan 14Financial Position Analysis
Short Term Liabilities: TSEM's short term assets ($1.7B) exceed its short term liabilities ($276.8M).
Long Term Liabilities: TSEM's short term assets ($1.7B) exceed its long term liabilities ($214.6M).
Debt to Equity History and Analysis
Debt Level: TSEM has more cash than its total debt.
Reducing Debt: TSEM's debt to equity ratio has reduced from 17.8% to 4.3% over the past 5 years.
Debt Coverage: TSEM's debt is well covered by operating cash flow (653.5%).
Interest Coverage: TSEM earns more interest than it pays, so coverage of interest payments is not a concern.