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Tower Semiconductor (Tower Semiconductor) Debt-to-Revenue : 0.16 (As of Mar. 2024)


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What is Tower Semiconductor Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Tower Semiconductor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $58 Mil. Tower Semiconductor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $152 Mil. Tower Semiconductor's annualized Revenue for the quarter that ended in Mar. 2024 was $1,309 Mil. Tower Semiconductor's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.


Tower Semiconductor Debt-to-Revenue Historical Data

The historical data trend for Tower Semiconductor's Debt-to-Revenue 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-Revenue Chart

Tower Semiconductor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.31 0.21 0.16 0.16

Tower Semiconductor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.15 0.16 0.17 0.16

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

For the Semiconductors subindustry, Tower Semiconductor's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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-Revenue Distribution in the Semiconductors Industry

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

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



Tower Semiconductor Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

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

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(58.952 + 172.611) / 1422.68
=0.16

Tower Semiconductor's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(57.7 + 151.699) / 1308.952
=0.16

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Tower Semiconductor Debt-to-Revenue Related Terms

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Tower Semiconductor (Tower Semiconductor) Business Description

Traded in Other Exchanges
Address
20 Shaul Amor Avenue, P.O. Box 619, Ramat Gavriel Industrial Park, Migdal Haemek, ISR, 2310502
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.