Tower Semiconductor (TSEM) Divestments (2017 - 2023)
Tower Semiconductor (TSEM) posted quarterly Divestments of -$37.0 million for Q4 2023, up 75.42% year-over-year from -$21.1 million in Q4 2022, and up 88.39% quarter-over-quarter from -$318.5 million in Q3 2023.
Tower Semiconductor (TSEM) Divestments (2017 - 2023) Analysis & Trends
Tower Semiconductor (TSEM) has reported Divestments for 7 consecutive years, with -$37.0 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Divestments rose 75.42% year-over-year to -$37.0 million; the TTM figure through Dec 2023 stood at -$288.7 million (down 149.04% YoY), while the FY2023 annual figure was -$288.7 million, down 149.04% from the prior year.
- Divestments rose to -$37.0 million in Q4 2023 per TSEM's latest filing, from -$318.5 million in the prior quarter.
- Across five years, Divestments topped out at $129.3 million in Q3 2022 and bottomed at -$318.5 million in Q3 2023.
- Historically, Divestments has averaged -$50.8 million across 5 years, with a median of -$41.2 million in 2019.
- On a YoY basis, Divestments climbed as much as 1968.11% in 2022 and fell as far as 1738.05% in 2022.
- Tower Semiconductor's Divestments stood at -$87.5 million in 2019, then fell by 22.32% to -$107.1 million in 2020, then soared by 55.85% to -$47.3 million in 2021, then slumped by 218.23% to -$150.4 million in 2022, then soared by 75.42% to -$37.0 million in 2023.
- Business Quant data shows TSEM's Divestments at -$37.0 million in Q4 2023, -$318.5 million in Q3 2023, and $42.6 million in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn | - |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn | - |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn | - |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn | - |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn | - |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn | - |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn | - |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn | - |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn | - |
| 10 | Tower Semiconductor | 25.17 Bn | 23.69 Bn | 137.77 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -36.98 Mn |
| Sep 30, 2023 | -318.50 Mn |
| Jun 30, 2023 | 42.62 Mn |
| Mar 31, 2023 | 24.19 Mn |
| Dec 31, 2022 | -150.42 Mn |
| Sep 30, 2022 | 129.26 Mn |
| Jun 30, 2022 | -65.13 Mn |
| Mar 31, 2022 | -29.61 Mn |
| Dec 31, 2021 | -47.27 Mn |
| Sep 30, 2021 | 6.25 Mn |
| Jun 30, 2021 | -17.06 Mn |
| Mar 31, 2021 | -1.61 Mn |
| Dec 31, 2020 | -107.07 Mn |
| Sep 30, 2020 | -107.77 Mn |
| Jun 30, 2020 | -78.79 Mn |
| Mar 31, 2020 | -85.36 Mn |
| Dec 31, 2019 | -87.53 Mn |
| Sep 30, 2019 | -45.40 Mn |
| Jun 30, 2019 | -33.83 Mn |
| Mar 31, 2019 | -6.73 Mn |