Tower Semiconductor (Tower Semiconductor) Debt-to-Equity : 0.10 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Tower Semiconductor Debt-to-Equity?

Tower Semiconductor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $59 Mil. Tower Semiconductor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $173 Mil. Tower Semiconductor's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,432 Mil. Tower Semiconductor's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Tower Semiconductor's Debt-to-Equity or its related term are showing as below:

TSEM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.25 Max: 1.89
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Tower Semiconductor was 1.89. The lowest was 0.10. And the median was 0.25.

TSEM's Debt-to-Equity is ranked better than
70.29% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs TSEM: 0.10

Tower Semiconductor Debt-to-Equity Historical Data

The historical data trend for Tower Semiconductor's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tower Semiconductor Debt-to-Equity Chart

Tower Semiconductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.23

0.27

0.19

0.14

0.10

Tower Semiconductor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.12	0.11	0.10	0.10

Competitive Comparison of Tower Semiconductor's Debt-to-Equity

For the Semiconductors subindustry, Tower Semiconductor's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tower Semiconductor's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tower Semiconductor's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tower Semiconductor's Debt-to-Equity falls into.

Tower Semiconductor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tower Semiconductor's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(58.952	+	172.611)	/	2432.499
	=	0.10

Tower Semiconductor's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(58.952	+	172.611)	/	2432.499
	=	0.10

Tower Semiconductor (NAS:TSEM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Tower Semiconductor Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Tower Semiconductor's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Tower Semiconductor (Tower Semiconductor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tower Semiconductor Ltd (NAS:TSEM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TSEM:Israel TOW:Germany

Address

20 Shaul Amor Avenue, P.O. Box 619, Ramat Gavriel Industrial Park, Migdal Haemek, ISR, 2310502

Website

https://www.towersemi.com

Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a variety of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.