Tower Semiconductor (TSEM) Non-Current Deferred Tax Liability (2009 - 2020)
Tower Semiconductor's (TSEM) quarterly Non-Current Deferred Tax Liability came in at $40.1 million in Q2 2020, down 13.69% year-over-year from $46.4 million in Q3 2019, and down 11.41% quarter-over-quarter from $45.2 million in Q4 2019.
Analysis
Tower Semiconductor (TSEM) Non-Current Deferred Tax Liability (2009 - 2020) Analysis & Trends
Tower Semiconductor (TSEM) has reported Non-Current Deferred Tax Liability for 12 consecutive years, with $40.1 million the latest figure, recorded in Q2 2020.
- On a quarterly basis, Non-Current Deferred Tax Liability fell 13.69% year-over-year to $40.1 million in Q2 2020; TTM through Jun 2020 was $40.1 million, a 13.69% decrease from a year earlier, with the FY2019 full-year figure at $45.2 million, down 10.24% from the prior year.
- Non-Current Deferred Tax Liability was $40.1 million for Q2 2020 at Tower Semiconductor, down from $45.2 million in the prior quarter.
- Over five years, Non-Current Deferred Tax Liability peaked at $107.8 million in Q3 2016 and troughed at $40.1 million in Q2 2020.
- A 5-year average of $74.2 million and a median of $76.4 million in 2017 frame the typical range for Non-Current Deferred Tax Liability.
- Across the five-year window, Non-Current Deferred Tax Liability surged 44.31% in 2016 and tumbled 37.28% in 2018, its largest moves.
- Over 5 years, Non-Current Deferred Tax Liability stood at $95.2 million in 2016, then slumped by 32.88% to $63.9 million in 2017, then retreated by 21.15% to $50.4 million in 2018, then retreated by 10.24% to $45.2 million in 2019, then declined by 11.41% to $40.1 million in 2020.
- The last three Non-Current Deferred Tax Liability figures came in at $40.1 million (Q2 2020), $45.2 million (Q4 2019), and $46.4 million (Q2 2019), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 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 |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn |
| 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 |
|---|---|
| Jun 30, 2020 | 40.08 Mn |
| Dec 31, 2019 | 45.24 Mn |
| Jun 30, 2019 | 46.43 Mn |
| Dec 31, 2018 | 50.40 Mn |
| Jun 30, 2018 | 53.99 Mn |
| Mar 31, 2018 | 67.44 Mn |
| Dec 31, 2017 | 63.92 Mn |
| Sep 30, 2017 | 85.38 Mn |
| Jun 30, 2017 | 86.08 Mn |
| Mar 31, 2017 | 91.72 Mn |
| Dec 31, 2016 | 95.23 Mn |
| Sep 30, 2016 | 107.84 Mn |
| Jun 30, 2016 | 107.59 Mn |
| Mar 31, 2016 | 97.75 Mn |
| Dec 31, 2015 | 69.74 Mn |
| Sep 30, 2015 | 76.20 Mn |
| Jun 30, 2015 | 74.55 Mn |
| Mar 31, 2015 | 75.85 Mn |
| Dec 31, 2014 | 75.28 Mn |
| Sep 30, 2014 | 88.67 Mn |