Tower Semiconductor (TSEM) Long-Term Deferred Tax (2009 - 2019)
Tower Semiconductor (TSEM) posted quarterly Long-Term Deferred Tax of $66.4 million for Q4 2019, down 9.66% year-over-year from $73.5 million in Q4 2018, and down 9.66% quarter-over-quarter from $73.5 million in Q4 2018.
Tower Semiconductor (TSEM) Long-Term Deferred Tax (2009 - 2019) Analysis & Trends
Tower Semiconductor (TSEM) has reported Long-Term Deferred Tax for 7 consecutive years, with $66.4 million the latest figure, recorded in Q4 2019.
- In Q4 2019, Long-Term Deferred Tax fell 9.66% year-over-year to $66.4 million; the TTM figure through Dec 2019 stood at $66.4 million (down 9.66% YoY), while the FY2019 annual figure was $66.4 million, down 9.66% from the prior year.
- Long-Term Deferred Tax declined to $66.4 million in Q4 2019 per TSEM's latest filing, from $73.5 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $82.9 million in Q4 2017 and bottomed at $29.6 million in Q4 2015.
- Historically, Long-Term Deferred Tax has averaged $57.3 million across 5 years, with a median of $66.4 million in 2019.
- Annual changes were most pronounced in 2017 — Long-Term Deferred Tax surged 141.23% — and 2018, when it retreated 11.34%.
- Tower Semiconductor's Long-Term Deferred Tax stood at $29.6 million in 2015, then rose by 15.85% to $34.3 million in 2016, then soared by 141.23% to $82.9 million in 2017, then declined by 11.34% to $73.5 million in 2018, then slipped by 9.66% to $66.4 million in 2019.
- Business Quant data shows TSEM's Long-Term Deferred Tax at $66.4 million in Q4 2019, $73.5 million in Q4 2018, and $82.9 million in Q4 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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, 2019 | 66.36 Mn |
| Dec 31, 2018 | 73.46 Mn |
| Dec 31, 2017 | 82.85 Mn |
| Dec 31, 2016 | 34.35 Mn |
| Dec 31, 2015 | 29.65 Mn |
| Sep 2, 2010 | 95,700.00 |
| Sep 3, 2009 | 100,300.00 |