Tower Semiconductor (TSEM) Current Taxes (2015 - 2020)
Tower Semiconductor's (TSEM) quarterly Current Taxes came in at $2.5 million in Q4 2020, down 1.1% year-over-year from $2.5 million in Q1 2020, and down 1.1% quarter-over-quarter from $2.5 million in Q4 2019.
Analysis
Tower Semiconductor (TSEM) Current Taxes (2015 - 2020) Analysis & Trends
Tower Semiconductor (TSEM) has reported Current Taxes for 6 consecutive years, with $2.5 million the latest figure, recorded in Q4 2020.
- On a quarterly basis, Current Taxes fell 1.1% year-over-year to $2.5 million in Q4 2020; TTM through Dec 2020 was $2.5 million, a 1.1% decrease from a year earlier, with the FY2020 full-year figure at $2.5 million, down 1.1% from the prior year.
- Current Taxes was $2.5 million for Q4 2020 at Tower Semiconductor, down from $2.5 million in the prior quarter.
- Over five years, Current Taxes peaked at $10.3 million in Q4 2016 and troughed at $2.5 million in Q4 2020.
- A 5-year average of $5.5 million and a median of $3.7 million in 2018 frame the typical range for Current Taxes.
- Across the five-year window, Current Taxes jumped 35.28% in 2016 and sank 56.92% in 2018, its largest moves.
- Over 5 years, Current Taxes stood at $10.3 million in 2016, then declined by 17.16% to $8.6 million in 2017, then slumped by 56.92% to $3.7 million in 2018, then tumbled by 31.02% to $2.5 million in 2019, then slipped by 1.1% to $2.5 million in 2020.
- The last three Current Taxes figures came in at $2.5 million (Q4 2020), $2.5 million (Q4 2019), and $3.7 million (Q4 2018), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 8.96 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | - |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | - |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 70.00 Mn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 461.80 Mn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | - |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | 165.03 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | 62.00 Mn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | - |
| 10 | Tower Semiconductor | 23.80 Bn | 22.32 Bn | 137.77 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 2.52 Mn |
| Dec 31, 2019 | 2.55 Mn |
| Dec 31, 2018 | 3.69 Mn |
| Dec 31, 2017 | 8.57 Mn |
| Dec 31, 2016 | 10.34 Mn |
| Dec 31, 2015 | 7.65 Mn |