Tower Semiconductor (TSEM) Current Taxes (2015 - 2020)

Tower Semiconductor (TSEM) posted quarterly Current Taxes of $4.9 million for Q4 2020, up 1650.0% YoY from $282000.0 in Q1 2020, and up 1650.0% sequentially from $282000.0 in Q4 2019.

Tower Semiconductor (TSEM) Current Taxes (2015 - 2020) Analysis & Trends

Tower Semiconductor has disclosed Current Taxes across 6 years of filings, most recently posting $4.9 million for Q4 2020.

  • In Q4 2020, Current Taxes rose 1650.0% year-over-year to $4.9 million; the TTM figure through Dec 2020 stood at $4.9 million (up 1650.0% YoY), while the FY2020 annual figure was $4.9 million, up 1650.0% from the prior year.
  • Current Taxes improved to $4.9 million in Q4 2020, from $282000.0 in the prior quarter.
  • Over the last five years, Current Taxes for TSEM reached as high as $12.1 million in Q4 2018 and fell as low as $282000.0 in Q4 2019.
  • The 5-year median for Current Taxes is $8.6 million (2017), against an average of $7.2 million.
  • Annual changes were most pronounced in 2019 — Current Taxes tumbled 97.67% — and 2020, when it jumped 1650.0%.
  • A 5-year view of Current Taxes shows it stood at $10.3 million in 2016, then fell by 17.16% to $8.6 million in 2017, then surged by 41.19% to $12.1 million in 2018, then plunged by 97.67% to $282000.0 in 2019, then jumped by 1650.0% to $4.9 million in 2020.
  • According to Business Quant data, Current Taxes over the past three periods registered $4.9 million, $282000.0, and $12.1 million for Q4 2020, Q4 2019, and Q4 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn -
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn -
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn -
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn -
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 -
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn 106.00 Mn
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 138.00 Mn
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn -
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn -
10 Tower Semiconductor 28.07 Bn 26.57 Bn 110.95 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2020 4.94 Mn
Dec 31, 2019 282,000.00
Dec 31, 2018 12.10 Mn
Dec 31, 2017 8.57 Mn
Dec 31, 2016 10.34 Mn
Dec 31, 2015 7.65 Mn