Tower Fixed Asset Turnover from 2010 to 2024

TSEM Stock  USD 47.83  0.02  0.04%   
Tower Semiconductor Fixed Asset Turnover yearly trend continues to be very stable with very little volatility. Fixed Asset Turnover is likely to drop to 0.93. During the period from 2010 to 2024, Tower Semiconductor Fixed Asset Turnover quarterly data regression pattern had sample variance of  0.13 and median of  1.74. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.22046065
Current Value
0.93
Quarterly Volatility
0.36418756
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tower Semiconductor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tower Semiconductor's main balance sheet or income statement drivers, such as Depreciation And Amortization of 270.9 M, Interest Expense of 7.8 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 2.54, Dividend Yield of 0.0014 or PTB Ratio of 0.71. Tower financial statements analysis is a perfect complement when working with Tower Semiconductor Valuation or Volatility modules.
  
Check out the analysis of Tower Semiconductor Correlation against competitors.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.

Latest Tower Semiconductor's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Tower Semiconductor over the last few years. It is Tower Semiconductor's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tower Semiconductor's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Tower Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.66
Geometric Mean1.62
Coefficient Of Variation21.88
Mean Deviation0.30
Median1.74
Standard Deviation0.36
Sample Variance0.13
Range1.2543
R-Value(0.24)
Mean Square Error0.13
R-Squared0.06
Significance0.38
Slope(0.02)
Total Sum of Squares1.86

Tower Fixed Asset Turnover History

2024 0.93
2023 1.22
2021 1.69
2019 1.76
2017 2.18
2016 2.03
2015 2.09

About Tower Semiconductor Financial Statements

Tower Semiconductor investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Tower Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.22  0.93 

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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 the analysis of Tower Semiconductor Correlation against competitors.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Semiconductors & Semiconductor Equipment space 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
0.043
Earnings Share
1.84
Revenue Per Share
12.536
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0402
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.