Tower Semiconductor (TSEM) Non-Current Deferred Tax Liability (2009 - 2023)
Tower Semiconductor (TSEM) reported Non-Current Deferred Tax Liability of $10.2 million for Q4 2023, down 21.41% year-over-year from $13.0 million in Q4 2022, and down 21.41% quarter-over-quarter from $13.0 million in Q4 2022.
Tower Semiconductor (TSEM) Non-Current Deferred Tax Liability (2009 - 2023) Analysis & Trends
Tower Semiconductor (TSEM) has 15 years of Non-Current Deferred Tax Liability data on file, last reported at $10.2 million in Q4 2023.
- Non-Current Deferred Tax Liability for Q4 2023 came in at $10.2 million, down 21.41% year-over-year; the trailing twelve-month figure through Dec 2023 was $10.2 million (down 21.41% YoY), and the FY2023 annual result was $10.2 million, down 21.41% from the prior year.
- Non-Current Deferred Tax Liability eased to $10.2 million in Q4 2023 per TSEM's latest filing, from $13.0 million in the prior quarter.
- Over five years, Non-Current Deferred Tax Liability peaked at $46.4 million in Q2 2019 and troughed at $10.2 million in Q4 2023.
- A 5-year average of $31.5 million and a median of $40.1 million in 2020 frame the typical range for Non-Current Deferred Tax Liability.
- The sharpest annual moves came in 2019 and 2022: Non-Current Deferred Tax Liability declined 9.22% in 2019, then plunged 45.72% in 2022.
- A 5-year view of Non-Current Deferred Tax Liability shows it stood at $45.8 million in 2019, then fell by 9.76% to $41.3 million in 2020, then slumped by 41.96% to $24.0 million in 2021, then slumped by 45.72% to $13.0 million in 2022, then dropped by 21.41% to $10.2 million in 2023.
- Business Quant data shows TSEM's Non-Current Deferred Tax Liability at $10.2 million in Q4 2023, $13.0 million in Q4 2022, and $24.0 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn |
| 10 | Tower Semiconductor | 166.58 | -1.50 Bn | 110.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 10.22 Mn |
| Dec 31, 2023 | 10.22 Mn |
| Dec 31, 2022 | 13.01 Mn |
| Dec 31, 2022 | 13.01 Mn |
| Dec 31, 2021 | 23.96 Mn |
| Dec 31, 2021 | 23.96 Mn |
| Dec 31, 2020 | 41.29 Mn |
| Dec 31, 2020 | 41.29 Mn |
| Jun 30, 2020 | 40.08 Mn |
| Jun 30, 2020 | 40.08 Mn |
| Dec 31, 2019 | 45.75 Mn |
| Dec 31, 2019 | 45.75 Mn |
| Jun 30, 2019 | 46.43 Mn |
| Jun 30, 2019 | 46.43 Mn |
| Dec 31, 2018 | 50.40 Mn |
| Dec 31, 2018 | 50.40 Mn |
| Jun 30, 2018 | 53.99 Mn |
| Jun 30, 2018 | 53.99 Mn |
| Mar 31, 2018 | 67.44 Mn |
| Mar 31, 2018 | 67.44 Mn |